Plumbers Mate Limited

Plumbers Mate Limited, based in Eastbourne, UK, is a small, active company established 25 years ago in 1999. With nine employees and £523,677 in assets, it operates from a real address on Firle Road. The business, run by four directors and a solo founder, boasts a thriving e-commerce site where it sells plumbing supplies. It's an irregular importer, primarily bringing in machinery, boilers, and mechanical appliances—parts, with the last import operation occurring one month ago.

The company's website, Plumbers Mate, presents itself as a specialist plumbing merchant, a family-run business with a long history dating back to 1979. It emphasizes a wide range of products, from old, discontinued spare parts to complete bathrooms, catering to both professional plumbers and DIY enthusiasts. The site includes a blog, detailed delivery information, and a comprehensive returns policy, alongside customer reviews and links to social media. It also highlights its commitment to customer service, encouraging visitors to call with any questions.

Financially, Plumbers Mate Limited shows some concerning trends. Accrued liabilities increased by 33%, while bank borrowings surged by 2,400%, reaching £29,000. Cash reserves fell by 5.2% to £50,000. However, creditors decreased by 8.7%, suggesting better debt management. The company’s small size—meeting two of three criteria for turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees—helps it remain flexible, but the increase in liabilities is something to watch. Average number of employees has also decreased by 11% to eight. As a small company, it’s exempt from an audit, so these figures are unaudited.

Overall, Plumbers Mate Limited appears to be a well-established business facing some financial headwinds. Its strong online presence and commitment to customer service are positives, but the increase in liabilities suggests a need for careful financial management.

Registered in England/Wales under the registration number 03877230, with a registered address at BN22 8DP, Eastbourne, East Sussex, 2 Firle Road.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.