PLENTIFIC LTD

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  +0.9%

  £13,165,343 → £13,277,729

• Cash

  -35.8%

  £14,096,586 → £9,044,417

• Net assets

  -73.5%

  £15,082,563 → £3,995,571

  lowest in 6 filed years

• Employees

  -14.5%

  248 → 212

• Operating profit

  +31.2%

  -£18,156,015 → -£12,482,423

• Profit before tax

  +27%

  -£17,732,211 → -£12,949,027

• Wages

  -20.5%

  £14,766,631 → £11,746,633

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

1. PLENTIFIC LTD 2013-10-24 → present
2. PLENTIFY LTD 2012-10-31 → 2013-10-24

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

Menzies LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Group's or the parent Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Group structure

1. PLENTIFIC LTD · parent
   1. Plentific Inc 100% · New York
   2. Plentific GmbH 100% · Berlin
   3. Plentific Yazilim Anonim Sirketi 100% · Çankaya
   4. Touch Right Software Limited 100% · England
   5. Plentific Finance Limited 100% · England · dormant
   6. Gas Tag Limited 100% · England · dormant
   7. Elec Tag Limited 100% · England · dormant
   8. X Tag Limited 100% · England · dormant
   9. Hallnet Limited 100% · England

Significant events

• “During 2024, Plentific continued to increase its SaaS customer base however Marketplace activity reduced. As a result, Plentific generated revenue of £13.3m (2023 - £13.2m). The company remains focused on achieving sustainable profitability, with EBITDA improving to a £11.9m loss in 2024 from £17.6m in 2023.”
• “During the year, the company continued to develop its property management platform to enhance performance, flexibility, security, and integration capabilities. These enhancements aim to support scalability, improve maintainability, and strengthen the long-term competitiveness of the platform.”
• “The directors expect continued adoption and revenue growth, underpinned by strategic investments in technology, expansion into new markets, deepening relationships with existing customers and heavy focus on a marketplace supply chain.”
• “Expanding its Customer Base: Bringing new users onto our platform.”
• “Product Innovation: Continuous investment in Al-driven analytics, automation, and user experience enhancements.”
• “Operational Efficiencies: Cost optimisation measures and increased automation to enhance margins.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

8

last 12 months

Capital events

2

last 24 months

Officers appointed

1

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.