Proagencies Ltd

ProAgencies Ltd is a small, active company based in Langholm, Scotland, founded twelve years ago in 2013. With three employees and £213,259 in assets, it operates from a real address and is managed by two directors and owners. The company’s core business involves acting as agents for textile, clothing, and leather goods industries, importing various products like textile sets, used clothing, and rags for 78 months, with the latest import in January 2025. It also exports furniture, lighting, and prefabricated buildings, with four months of export activity, the latest in December 2024.

The company’s website, ProAgencies Sales Solutions, focuses on representing leading outdoor brands, showcasing a range of products from Eagle Creek to ThermaRest. It highlights a network of brands and emphasizes a commitment to quality and customer service, with a section dedicated to warranty information for each brand. The site’s design is clean and functional, with a tab-based navigation system that guides visitors through the various brands and services offered. It’s clear that ProAgencies isn't directly selling these products themselves, but rather acting as a sales and distribution partner for these outdoor brands.

Financially, ProAgencies Ltd presents a mixed picture. While current assets declined by 7.3% to £210,000, net assets dropped significantly by 17% to £270,000. Cash bank on hand decreased by 22% to £93,000, and creditors increased by a substantial 120% to £48,000. Trade debtors also jumped considerably, rising by 250% to £27,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it likely avoids more rigorous reporting requirements, and no auditor is mentioned. The increase in creditors and debtors suggests the company may be extending credit to customers, which could be a strategy to boost sales but also carries risk. The decrease in cash reserves could be due to increased operational expenses or investments in inventory, but it's something to keep an eye on.

Registered in Scotland under the registration number SC446145, with a registered address at DG13 0EG, Scotland, Langholm, Treetops, 1 Hallpath.

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