Pro-mil Engineering Limited

Pro Mil Engineering Ltd from Sutton Coldfield UK: a small, active company established 44 years ago, employs 15 people, and holds £3,708,030 in assets. It has a real address, five directors, and one owner, boasting a perfect 5.0 Google rating from a single review. The company irregularly imports machinery, boilers, and mechanical appliances, with the last import operation occurring one month ago in January 2023.

The company specializes in large CNC machining of engineering components up to 50 tonnes, offering precision milling services for one-off, prototype, and low-volume projects. Its website highlights bespoke machining solutions, integrated management systems, and a commitment to accuracy and reliability. Pro Mil Engineering Ltd serves diverse industries, including aerospace, scientific, defence, and power generation, and is ISO 001 certified. The company also operates a piano restoration division, a surprising contrast to its machining focus.

Financially, Pro Mil Engineering Ltd presents a mixed picture. While cash reserves increased by a healthy 26% to £2,000,000, current assets decreased by 4% to £3,700,000. Trade debtors fell by 20%, which could indicate improved collection efforts, but creditors also dropped significantly by 56%, perhaps due to better negotiating terms. The company’s net assets grew by 7% to £3,600,000, a positive sign, but the sharp decrease in trade inventories by 75% to £53,000 suggests potential supply chain issues or a shift in business strategy. As a small company, it’s exempt from a full audit, so these figures are unaudited. It's likely the company is doing alright, but needs to keep a close eye on its inventory levels.

Registered in England/Wales under the registration number 01510033, with a registered address at B76 0EA, Sutton Coldfield, West Midlands, Quarry Works,Bodymoor Heath Lane, Bodymoor Heath.

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