Plouise

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New on here and thought I'd have a look at the accounts for Plouise after reading this thread. First of all I'd like to point out that there's three lots of accounts on there because her business must be run in three sections and not as a cooperation meaning all accounts will be separate. There's "Plouise Makeup Academy" "PL fashion" and "PL distribution" or something along those lines. All of them are limited meaning all 3 make over at least £30K a year at least. In terms of cosmetics "PL distribution LTD" is the accounts you should be looking at. The "Plouise Makeup Academy" accounts are basically what she was making before cosmetics and what she has made through just the academy (as in physical training). The accounts your looking at aren't full accounts is plus it might state "Plouise Makeup Academy" has no employees as they may all be under PL Distribution LTD as employees instead. You are basically just looking at the tax she pays and is exempt from paying based on tangible assets, debtors, fittings and fixtures and SOME costs from that year, they aren't full accounts. In the "PL Distribution" files it states the company (soley cosmetics) made around £1.3 Million in 2019 plus had tangible assets and stock worth around £300K. It states here they was exempt from paying 55% of all the tax they owed due to some sort of the costs the business has to pay out and it would still be classed as a "mirco business" at this point due to the turn over being under £2Million (if it isn't a quarterly filing) if this filing is anything to go off (which it isn't as companies house is only what registers a company as "limited" and only needs to see minimal information basically to say that the company turns over £30K or more so it can be registered as limited) They did pay £120K VAT plus £21K PayE tax (which employees tax on wages) this could literally be for a quarter of the tax year as a lot of bigger companies will file quarterly to make it easier on the accountant. All companies house need to know is if her business makes over £30K. This filing is nothing to go off what so ever it will be a small snap shot of what the company earns and pays out. If you really wanted to see her accounts you would have to ring HMRC as a potential investor/shareholder but they would inform her and you would have to pay for a copy of the full accounts.
 
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Hmm... I can’t see any “millions” in any accounts for PL Distribution?? I can see £21k for PAYE - so this could be either 1 employee or for Paige herself?! She says she has lots of employees?
 
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I honestly enjoy the bases but I'm not paying £5 for delivery. It takes over a week to get here and goes through the letter box. What am I actually paying for 🤦🏻‍♀️
 
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Hmm... I can’t see any “millions” in any accounts for PL Distribution?? I can see £21k for PAYE - so this could be either 1 employee or for Paige herself?! She says she has lots of employees?

That's because those who don't understand filing or accounting can't read it... Where it says "cash in the bank and hand" 633,000 PLUS 700 (and odd) thousand meaning her turn over for that quarter = £1.3M
 
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You can see she’s a major catfish from this
What is going on here?!! Ridiculous! Why is she going on about waist trainers?! They’re an absolute nonsense! And surely she shouldn’t need them after having lipo and spending all this time with her “winners team” PT?! 😂
 
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That's because those who don't understand filing or accounting can't read it... Where it says "cash in the bank and hand" 633,000 PLUS 700 (and odd) thousand meaning her turn over for that quarter = £1.3M
Correct me if I’m wrong, but isn’t the £633k creditors, so money she owes out? Her debtors are only just under £8k.
Also, the accounts are for ‘398 day period ending 31/03/2019’ so looks like she’s doing her accounts yearly.
 
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That's because those who don't understand filing or accounting can't read it... Where it says "cash in the bank and hand" 633,000 PLUS 700 (and odd) thousand meaning her turn over for that quarter = £1.3M
The accounts are for a year to end of March. P&L states approx £190k.
Still don’t understand about this PAYE being so low considering she has SO many employees??
 
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The accounts are for a year to end of March. P&L states approx £190k.
Still don’t understand about this PAYE being so low considering she has SO many employees??
Self employed potentially? Guess that would be a way around paying the pension contributions as well
 
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Yeah but she only set up cosmetics in 2018 if I'm remembering rightly? That was the same year (in june) she said she made £1M on her instagram stories, your looking at 2018-2019's earnings. Like I said companies house is a snap shot... Not actual accounts. To view the actual accounts you need to either be a person with significant control, her accountant, a rep for her or someone who wants to invest - with her permission. Or you would have to work for HMRC and illegally access her information without her permission. Anything that is public is not actual accounts, it's variant. No, your looking at the wrong place on the statement her accountant has wrote to companies house for accounts starting tax year april 2018 ending april 2019, it clearly states "money in bank and hand" meaning what has physically passed through her tills, her hand and the bank. In total it comes to around £1.3M.
 
She’s really bleeping me off today with her manifestation tit. Sorry Paige, I lost my grandmother this year- do you think it’s because I didn’t bleeping wish hard enough????
 
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She’s banging on again about manifestation!! Doesn’t she realise how disrespectful it is to people who’s parents/relatives HAVE died?? My friends dad is currently receiving end of life care... did she not wish enough or was she not worthy enough for him to survive? She gets sick of hearing about all this manifestation balls.
 
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I reckon she’s been on her reading, as she’s got her nana going on about how great the suitcase is 🙈🤣 *ive been a lurker but I’ve finally signed up HI ALL 👋
 
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I reckon she’s been on her reading, as she’s got her nana going on about how great the suitcase is 🙈🤣 *ive been a lurker but I’ve finally signed up HI ALL 👋
She’s definitely on here reading... that’s why we get the occasional “new member” coming on in her defence!
 
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That's because those who don't understand filing or accounting can't read it... Where it says "cash in the bank and hand" 633,000 PLUS 700 (and odd) thousand meaning her turn over for that quarter = £1.3M
That 633k is actually what she owed her creditors at the time, her cash in hand was 614k, total current assets were 737k + fixed assets of 86k. Assets less liabilities ended up at 190k. She probably made sales of 1m easily but her prices are reasonable enough so her profit margin is obviously much lower than we all expected! Although I'll be interested to see if her next set of accounts show bigger profits seeing as she has so many new products planned for this year.
 
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