The Plate Market Ltd
- Small
- Active
- 19 years
- £39,480 (assets)
- Virtual address
- 1 director
- 1 owner
- E-commerce
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
The Plate Market Ltd is a small, active company based in Nottingham, UK, founded 19 years ago. With £39,480 in assets and a virtual address, it operates as an e-commerce site, managed by one director and owner. The company specializes in retail sales via mail order and the internet, as well as other retail not in stores.
The Blanks Market's website showcases a wide range of personalized gift items, including medal holders, coaster boxes, trays, and photo keepsakes. It’s clearly focused on custom blanks and personalized gifts, with a strong emphasis on sublimation printing. The site features a clean, user-friendly design and offers competitive pricing, alongside a 10% discount code. Customer testimonials highlight fast delivery, great quality, and helpful service.
Financially, The Plate Market Ltd’s recent report shows a mixed picture. Current assets have fallen by 38%, dropping to £39,000, while cash bank on hand has declined even more drastically, falling 42% to £21,000. Debtors have increased significantly, rising 450% to £12,000, which could indicate a growth in sales but also a potential issue with payment collection. Equity has taken a hit, falling 110% to -£2,200, suggesting the company is burning through capital. Creditors have decreased slightly, by 8.7%, which is a positive sign. The company’s small size (meeting two of three criteria for a small company) helps it remain flexible, but the decline in equity is concerning. No auditor is mentioned, which is typical for a small, exempt company.
Overall, The Plate Market Ltd appears to be a growing e-commerce business facing some financial challenges. While its product range and customer service seem strong, it needs to carefully manage its cash flow and debt to ensure long-term sustainability.
Registered in England/Wales under the registration number 05646674, with a registered address at NG5 7GR, England, Nottingham, Coppice House, 63 Coppice Road, Arnold.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- John Kiran
- 8 years
- 2
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- John Kiran
- 19 years
- 2
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted one year ago.
Last news
-
Total exemption full accounts made up to 2023-12-31Download 8 pages pdf report
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Confirmation statement made on 2024-02-21 with updatesDownload 4 pages pdf report
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Total exemption full accounts made up to 2022-12-31Download 8 pages pdf report
FAQ about The Plate Market Ltd
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