Probrand Limited

Probrand Ltd from Manchester UK: large company, active status, founded 33 years ago, 120 employees, £11,600,572 assets, yearly revenue: £49,280,437, real address, 3 directors, 1 owner, google rating 5.0 based on 65 reviews. Regular importer of machinery, boilers, and mechanical appliances; parts (6 months imported). Regular exporter of electrical machinery and equipment (7 months exported). It’s a sizable player in the IT sector, operating as a wholesale provider of IT products, services, and solutions. The company’s platform offers a wide range of items, from computing devices and networking equipment to software and support services, catering to businesses of all sizes. They even provide cloud services and digital transformation solutions.

Probrand is classified as a large company, meeting two of three conditions: turnover exceeding £36 million, a balance sheet total surpassing £18 million, and an average number of employees exceeding 250. The company’s financial performance shows some interesting trends. Accrued liabilities and deferred income decreased slightly, while depreciation on computer equipment and furniture fittings increased. Administrative expenses rose by 3.1%, and director remuneration remained relatively stable. Bank borrowings increased significantly, jumping from £380,000 to £940,000, which could indicate investment in growth or increased operational costs. Cash and bank on hand, however, took a hit, falling by 73% to just £120,000.

Despite these shifts, Probrand’s turnover increased by a healthy 8.3% to £49.28 million, and comprehensive income moved into positive territory, showing a £120,000 profit. The company’s net assets, however, decreased slightly to £5.7 million. It's worth noting that the company’s trade debtors increased significantly, which could be a cause for concern, though creditors also decreased, suggesting better management of short-term liabilities. The unaudited accounts, prepared by CLA Evelyn Partners Limited, don’t provide a complete picture, but they do reveal a company navigating a dynamic market.

Probrand's website showcases a broad range of products and services, but doesn't offer much insight into e-commerce functionality. It appears to be primarily a catalog and information portal rather than a direct sales platform. The company's focus seems to be on B2B sales and providing solutions to businesses, rather than individual consumers. The sheer volume of products listed suggests a complex supply chain and a strong network of authorized distributors.

Registered in England/Wales under the registration number 02653446, with a registered address at M2 4DN, United Kingdom, Manchester, Northern Assurance Buildings Albert Square, 9-21 Princess Street.

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