Southern Planters Ltd

Southern Planters Ltd, based in Maidstone, UK, is a small, active company founded twelve years ago in 2012. With two employees and £231,783 in assets, it’s a solo-founded operation managed by two directors and one owner. The company operates from a virtual address, registered with 289 other businesses at the same location, which suggests it may be a shared office space. Southern Planters Ltd regularly imports iron or steel products, with 36 months of import activity recorded, the latest in January 2025. It also exports iron or steel products, though irregularly, with just one month of export activity recorded as of October 2024. The company’s website is unavailable, so it's difficult to determine its exact business model.

Southern Planters Ltd operates in the "other business support service activities n.e.c." industry, which is a broad category. Without a website, it’s impossible to know the specifics of their services. It’s likely they provide administrative, technical, or consulting support to other businesses.

Financially, Southern Planters Ltd presents a mixed picture. Current assets have increased by 40% to £230,000, which is a positive sign. However, net assets have decreased by 7.7% to £640, and bank borrowings have surged by 310% to £61,000. Cash reserves have also fallen by 79% to just £47. Creditors have increased by 75% to £180,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain agile, but the increase in bank borrowings and decrease in cash reserves are concerning. The company is exempt from an audit, so the figures are unaudited.

The sharp increase in bank borrowings, coupled with the decrease in cash reserves, suggests Southern Planters Ltd may be burning through money. It’s possible the company is investing in growth or facing unexpected expenses. The lack of information about their services makes it difficult to assess their long-term prospects.

Registered in England/Wales under the registration number 08254706, with a registered address at ME15 6YE, United Kingdom, Maidstone, Kent, The Carriage House, Mill Street.

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