Uk Planter Solutions Ltd

Uk Planter Solutions Ltd is a small, active company based in Loughborough, UK, founded five years ago in March 2020. It has a virtual address, three directors, and two owners, and employs just three people. The company holds £160,338 in assets. It’s an irregular importer, primarily bringing in electrical machinery and equipment, with just one month of imports recorded as of August 2023.

The company operates in the engineering design activities for industrial process and production industries. It’s a small company, meeting two of the three criteria: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The company’s website isn’t available to review, so it’s difficult to determine if it operates an e-commerce site.

Financially, Uk Planter Solutions Ltd shows some concerning trends. Accumulated depreciation for motor vehicles increased by a substantial 100%, while plant machinery saw a 95% increase. The number of employees has doubled, rising from three to eight, which is a significant jump. Cash bank on hand has halved, dropping to £38,000, and corporation tax payable has skyrocketed by 1200%. Creditors have decreased by 27%, suggesting better debt management, but trade debtors have increased dramatically, jumping 230%. Equity has increased by 52%, which is a positive sign, but the sharp rise in trade debtors could indicate difficulties in collecting payments.

The company’s financial statements are unaudited, and no auditor is mentioned. The increase in debt and the decrease in cash reserves suggest the company may be burning through money, though the increase in equity is a positive indicator. The company’s small size and virtual address raise questions about its long-term viability, but its engineering design focus could provide a stable foundation.

Registered in England/Wales under the registration number 12506079, with a registered address at LE11 3NP, England, Loughborough, 6 Forest Road.

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