Pg Instruments Limited

Pg Instruments Limited, based in Wibtoft, UK, is a small, active company established twenty years ago. With seven employees and £287,039 in assets, it operates from a real address and is overseen by four directors and one owner. The company regularly imports and exports optical and medical tools and devices, with a history of 104 months of imports and 225 months of exports.

Pg Instruments Limited specializes in the manufacture of electronic measuring equipment, medical instruments, and supplies. Its website showcases a range of products, including spectrophotometers, atomic absorption equipment, and microwave digestion systems. The company appears to be primarily business-to-business, with a focus on providing instruments and accessories for scientific and industrial applications. There’s no obvious e-commerce functionality for direct consumer sales; instead, the site functions as a product catalog and information resource.

Financially, Pg Instruments Limited's recent performance shows some concerning trends. Cash bank holdings have dropped significantly by 69%, falling to £64,000. Current assets have also decreased substantially, down 49% to £290,000. Debtors have plummeted by 59%, and equity has taken a major hit, decreasing by 260%. While creditors have also decreased, the overall picture suggests a tightening of finances. The company’s small size, meeting two of three criteria for a small company, may help it remain flexible, but the sharp decline in equity raises questions about its long-term financial health. The company’s retained earnings have also fallen, which is not good. The lack of a named auditor is typical for a small, exempt company. It’s likely that the accounts are unaudited.

Overall, Pg Instruments Limited appears to be a well-established player in its niche market, but recent financial data suggest it’s facing some challenges. Whether these are temporary setbacks or indicative of a deeper problem remains to be seen.

Registered in England/Wales under the registration number 05246563, with a registered address at LE17 5BH, Wibtoft, Leicestershire, Alma Park, Woodway Lane.

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