plodit limited
plodit limited Company Information
Company Number
06894011
Website
www.plodit.comRegistered Address
33 homeway road, leicester, LE5 5RH
Industry
Retail sale via mail order houses or via Internet
Telephone
01162104742
Next Accounts Due
January 2025
Group Structure
View All
Directors
Mohamed Thadha15 Years
Shareholders
mohamed yahya thadha 50%
shagufta thadha 50%
plodit limited Estimated Valuation
Pomanda estimates the enterprise value of PLODIT LIMITED at £7.1m based on a Turnover of £22.6m and 0.32x industry multiple (adjusted for size and gross margin).
plodit limited Estimated Valuation
Pomanda estimates the enterprise value of PLODIT LIMITED at £9.5m based on an EBITDA of £2.2m and a 4.31x industry multiple (adjusted for size and gross margin).
plodit limited Estimated Valuation
Pomanda estimates the enterprise value of PLODIT LIMITED at £14.8m based on Net Assets of £7.1m and 2.07x industry multiple (adjusted for liquidity).
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Plodit Limited Overview
Plodit Limited is a live company located in leicester, LE5 5RH with a Companies House number of 06894011. It operates in the retail sale via mail order houses or via internet sector, SIC Code 47910. Founded in May 2009, it's largest shareholder is mohamed yahya thadha with a 50% stake. Plodit Limited is a established, large sized company, Pomanda has estimated its turnover at £22.6m with rapid growth in recent years.
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Plodit Limited Health Check
Pomanda's financial health check has awarded Plodit Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 10 measures and has 1 areas for improvement. Company Health Check FAQs
10 Strong
1 Regular
1 Weak
Size
annual sales of £22.6m, make it larger than the average company (£326.5k)
£22.6m - Plodit Limited
£326.5k - Industry AVG
Growth
3 year (CAGR) sales growth of 78%, show it is growing at a faster rate (6.1%)
- Plodit Limited
6.1% - Industry AVG
Production
with a gross margin of 12.8%, this company has a higher cost of product (36.6%)
12.8% - Plodit Limited
36.6% - Industry AVG
Profitability
an operating margin of 9.6% make it more profitable than the average company (2.1%)
9.6% - Plodit Limited
2.1% - Industry AVG
Employees
with 5 employees, this is above the industry average (4)
5 - Plodit Limited
4 - Industry AVG
Pay Structure
on an average salary of £9.2k, the company has a lower pay structure (£26.6k)
£9.2k - Plodit Limited
£26.6k - Industry AVG
Efficiency
resulting in sales per employee of £4.5m, this is more efficient (£155.3k)
£4.5m - Plodit Limited
£155.3k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (22 days)
0 days - Plodit Limited
22 days - Industry AVG
Creditor Days
its suppliers are paid after 31 days, this is close to average (33 days)
31 days - Plodit Limited
33 days - Industry AVG
Stock Days
it holds stock equivalent to 6 days, this is less than average (82 days)
6 days - Plodit Limited
82 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 46 weeks, this is more cash available to meet short term requirements (18 weeks)
46 weeks - Plodit Limited
18 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 31.4%, this is a lower level of debt than the average (73.7%)
31.4% - Plodit Limited
73.7% - Industry AVG
PLODIT LIMITED financials
Plodit Limited's latest turnover from April 2023 is £22.6 million and the company has net assets of £7.1 million. According to their latest financial statements, Plodit Limited has 5 employees and maintains cash reserves of £2.9 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 22,634,758 | 23,901,311 | ||||||||||||
| Other Income Or Grants | 0 | 0 | ||||||||||||
| Cost Of Sales | 19,748,682 | 20,611,533 | ||||||||||||
| Gross Profit | 2,886,076 | 3,289,778 | ||||||||||||
| Admin Expenses | 713,182 | 1,192,586 | ||||||||||||
| Operating Profit | 2,172,894 | 2,097,192 | ||||||||||||
| Interest Payable | 17,747 | 0 | ||||||||||||
| Interest Receivable | 0 | 0 | ||||||||||||
| Pre-Tax Profit | 2,155,147 | 2,097,192 | ||||||||||||
| Tax | -427,453 | -393,925 | ||||||||||||
| Profit After Tax | 1,727,694 | 1,703,267 | ||||||||||||
| Dividends Paid | 0 | 0 | ||||||||||||
| Retained Profit | 1,727,694 | 1,703,267 | ||||||||||||
| Employee Costs | 46,025 | 70,988 | ||||||||||||
| Number Of Employees | 5 | 5 | 4 | 4 | 7 | 14 | 15 | 15 | ||||||
| EBITDA* | 2,211,784 | 2,122,365 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 141,787 | 101,266 | 46,758 | 41,961 | 44,021 | 42,725 | 37,366 | 26,379 | 34,838 | 29,960 | 24,362 | 21,686 | 9,817 | 10,026 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 141,787 | 101,266 | 46,758 | 41,961 | 44,021 | 42,725 | 37,366 | 26,379 | 34,838 | 29,960 | 24,362 | 21,686 | 9,817 | 10,026 |
| Stock & work in progress | 328,889 | 76,800 | 89,430 | 40,667 | 269,800 | 284,260 | 148,620 | 29,700 | 33,011 | 93,860 | 29,670 | 15,485 | 8,364 | 3,248 |
| Trade Debtors | 12,253 | 33,394 | 66,722 | 706,517 | 285,115 | 227,003 | 67,966 | 8,380 | 41,762 | 25,315 | 27,602 | 21,534 | 13,098 | 3,522 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 7,009,651 | 5,071,887 | 4,714,909 | 29,295 | 77,665 | 71,593 | 72,811 | 29,060 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 2,912,350 | 2,604,706 | 589,852 | 1,118,672 | 498,253 | 109,485 | 308,885 | 176,059 | 114,729 | 44,876 | 79,544 | 66,015 | 88,903 | 53,297 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 10,263,143 | 7,786,787 | 5,460,913 | 1,895,151 | 1,130,833 | 692,341 | 598,282 | 243,199 | 189,502 | 164,051 | 136,816 | 103,034 | 110,365 | 60,067 |
| total assets | 10,404,930 | 7,888,053 | 5,507,671 | 1,937,112 | 1,174,854 | 735,066 | 635,648 | 269,578 | 224,340 | 194,011 | 161,178 | 124,720 | 120,182 | 70,093 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 75,383 | 75,383 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,705,892 | 1,643,106 | 1,221,261 | 214,277 | 390,889 | 154,256 | 183,949 | 108,974 | 208,236 | 158,444 | 124,154 | 88,194 | 51,589 | 22,766 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 82,845 | 83,538 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 1,523,219 | 813,028 | 568,115 | 367,008 | 334,815 | 306,880 | 44,640 | 20,356 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 3,229,111 | 2,456,134 | 1,789,376 | 581,285 | 725,704 | 536,519 | 386,817 | 212,868 | 208,236 | 158,444 | 124,154 | 88,194 | 51,589 | 22,766 |
| loans | 0 | 0 | 0 | 0 | 0 | 165,352 | 220,550 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 40,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 35,447 | 19,241 | 8,884 | 7,973 | 8,364 | 8,118 | 2,543 | 0 | 6,968 | 5,992 | 4,872 | 3,370 | 1,963 | 2,105 |
| total long term liabilities | 35,447 | 19,241 | 8,884 | 7,973 | 8,364 | 173,470 | 223,093 | 40,000 | 6,968 | 5,992 | 4,872 | 3,370 | 1,963 | 2,105 |
| total liabilities | 3,264,558 | 2,475,375 | 1,798,260 | 589,258 | 734,068 | 709,989 | 609,910 | 252,868 | 215,204 | 164,436 | 129,026 | 91,564 | 53,552 | 24,871 |
| net assets | 7,140,372 | 5,412,678 | 3,709,411 | 1,347,854 | 440,786 | 25,077 | 25,738 | 16,710 | 9,136 | 29,575 | 32,152 | 33,156 | 66,630 | 45,222 |
| total shareholders funds | 7,140,372 | 5,412,678 | 3,709,411 | 1,347,854 | 440,786 | 25,077 | 25,738 | 16,710 | 9,136 | 29,575 | 32,152 | 33,156 | 66,630 | 45,222 |
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 2,172,894 | 2,097,192 | ||||||||||||
| Depreciation | 38,890 | 25,173 | 29,439 | 18,143 | 15,854 | 14,756 | 11,987 | 9,824 | 9,696 | 7,497 | 5,533 | 4,305 | 1,873 | 799 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -427,453 | -393,925 | ||||||||||||
| Stock | 252,089 | -12,630 | 48,763 | -229,133 | -14,460 | 135,640 | 118,920 | -3,311 | -60,849 | 64,190 | 14,185 | 7,121 | 5,116 | 3,248 |
| Debtors | 1,916,623 | 323,650 | 4,045,819 | 373,032 | 64,184 | 157,819 | 103,337 | -4,322 | 16,447 | -2,287 | 6,068 | 8,436 | 9,576 | 3,522 |
| Creditors | 62,786 | 421,845 | 1,006,984 | -176,612 | 236,633 | -29,693 | 74,975 | -99,262 | 49,792 | 34,290 | 35,960 | 36,605 | 28,823 | 22,766 |
| Accruals and Deferred Income | 710,191 | 244,913 | 201,107 | 32,193 | 27,935 | 262,240 | 24,284 | 20,356 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 16,206 | 10,357 | 911 | -391 | 246 | 5,575 | 2,543 | -6,968 | 976 | 1,120 | 1,502 | 1,407 | -142 | 2,105 |
| Cash flow from operations | 404,802 | 2,094,535 | ||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | 0 | 0 | ||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | 0 | ||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | -82,845 | -693 | 83,538 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | -165,352 | -55,198 | 220,550 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | -40,000 | 40,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | -17,747 | 0 | ||||||||||||
| cash flow from financing | -17,747 | 0 | ||||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | 307,644 | 2,014,854 | -528,820 | 620,419 | 388,768 | -199,400 | 132,826 | 61,330 | 69,853 | -34,668 | 13,529 | -22,888 | 35,606 | 53,297 |
| overdraft | 0 | 0 | 0 | 0 | -75,383 | 0 | 75,383 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 307,644 | 2,014,854 | -528,820 | 620,419 | 464,151 | -199,400 | 57,443 | 61,330 | 69,853 | -34,668 | 13,529 | -22,888 | 35,606 | 53,297 |
plodit limited Credit Report and Business Information
Plodit Limited Competitor Analysis
Perform a competitor analysis for plodit limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other large companies, companies in LE5 area or any other competitors across 12 key performance metrics.
plodit limited Ownership
PLODIT LIMITED group structure
Plodit Limited has no subsidiary companies.
Ultimate parent company
PLODIT LIMITED
06894011
plodit limited directors
Plodit Limited currently has 1 director, Mr Mohamed Thadha serving since May 2009.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Mohamed Thadha | United Kingdom | 53 years | May 2009 | - | Director |
P&L
April 2023turnover
22.6m
-5%
operating profit
2.2m
+4%
gross margin
12.8%
-7.36%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2023net assets
7.1m
+0.32%
total assets
10.4m
+0.32%
cash
2.9m
+0.12%
net assets
Total assets minus all liabilities
plodit limited company details
company number
06894011
Type
Private limited with Share Capital
industry
47910 - Retail sale via mail order houses or via Internet
incorporation date
May 2009
age
15
incorporated
UK
accounts
Medium Company
ultimate parent company
previous names
N/A
last accounts submitted
April 2023
address
33 homeway road, leicester, LE5 5RH
accountant
-
auditor
SMITH HANNAH LIMITED
plodit limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We did not find charges/mortgages relating to plodit limited.
plodit limited Companies House Filings - See Documents
| date | description | view/download |
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