Procon Electrical Limited

Procon Electrical Ltd, based in Stoke-On-Trent, UK, is a small, family-run business with an active status. Established 22 years ago, the company employs five people and holds £3,383,912 in assets. It operates from a real address and is overseen by two directors and two owners. The firm regularly imports machinery, boilers, and mechanical appliances—parts, with 41 months of import activity recorded, and exports the same items, with 10 months of export activity.

The company's website, proconelectrical.co.za, showcases a range of electrical services, including domestic, commercial, industrial, and solar/inverter work. It serves Somerset West and surrounding areas, emphasizing experience and customer satisfaction. The website highlights services like electrical certificates, solar inverter solutions, construction electrical work, and even piano restoration—a surprising diversification. It’s clear they’re targeting a broad customer base, from individual homeowners to large-scale construction projects.

Financially, Procon Electrical Ltd appears to be in a generally healthy position, although some trends are worth noting. Cash bank on hand increased by a significant 29% to £3.1 million, while current assets also rose by 29% to £3.4 million. However, accrued liabilities deferred income increased by 21% to £3,900, and creditors jumped by 38% to £570,000. Trade debtors also increased by 26% to £330,000. The number of employees has increased slightly, from five to six. It’s interesting to see the company’s net assets grow by 31% to £4.3 million, indicating a solid foundation. The company is exempt from an audit, so the financial data is unaudited.

While the company’s growth is encouraging, the increase in liabilities suggests they might be investing heavily or extending credit terms—something to keep an eye on. The diversification into piano restoration, while intriguing, could be a strategic move to broaden their revenue streams.

Registered in England/Wales under the registration number 04534379, with a registered address at ST6 2BN, England, Stoke-On-Trent, Procon Electrical Ltd Hot Lane, Hot Lane Industrial Estate.

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