Pro Tec Fuel Systems Limited

Pro Tec Fuel Systems Ltd from Burton-On-Trent UK: a small, active company founded 15 years ago, employs just two people, and holds £583,115 in assets. It's a real address, managed by two directors and two owners. The company regularly imports machinery, boilers, and mechanical appliances, parts (54 months imported), and exports the same (137 months exported).

The company operates in the manufacture of other fabricated metal products n.e.c., and research and experimental development on natural sciences and engineering industries. It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The company’s website is not available, making it difficult to determine if it’s an e-commerce operation.

A review of the financial data reveals a mixed picture. While net assets increased by 19%, reaching £700,000, cash reserves declined by 21% to £200,000. Bank borrowings increased significantly, by 310%, to £78,000, and creditors rose by 100% to £170,000. Trade debtors decreased by 43%, suggesting better payment collection, and cash bank on hand decreased by 21%. The company’s property, plant, and equipment increased by 250% to £340,000. It's likely the company is reinvesting in its assets.

The company’s small size and lean workforce allow it to remain agile, but the increase in bank borrowings and decrease in cash reserves could indicate financial strain. The lack of an auditor mentioned suggests the company is exempt as a small company, and the financial statements are unaudited. It’s possible that the company is expanding its operations, which could explain the increased borrowing, but it’s also possible that it’s facing challenges in managing its cash flow.

Registered in England/Wales under the registration number 07195933, with a registered address at DE13 0BY, England, Burton-On-Trent, Unit 9, Stretton Business Park Brunel Drive, Stretton.

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