Procure Direct Limited

Procure Direct Ltd from Lincoln UK is a small, active company founded nineteen years ago in 2005. With ten employees and £599,624 in assets, it operates from a real address and is managed by three directors and two owners. It boasts a stellar 5.0 Google rating based on two reviews. The company is a regular importer, though its top import category is listed as “None,” with eighty months of import activity recorded, the last in February 2025.

The company’s website, infoprocuredirect.co.uk, showcases a focus on commercial solar lighting, heating, and electrical services. It’s clear they’re not just a reseller; they design and manufacture many of their products, particularly within their INVO Lighting and INVO Heating brands. The site highlights a range of solutions, from solar bollards and streetlights to far infrared heating panels and electrical installations, targeting sectors like schools, offices, retail, and industrial sites. They even offer bespoke solutions and installation services, alongside aftersales support. The website mentions working with large organisations like Lincolnshire County Council and NPower, suggesting a focus on B2B clients.

Financially, Procure Direct Ltd’s recent performance presents a mixed picture. While cash reserves decreased by 16% to £240,000, creditors significantly dropped by 30% to £180,000—a positive sign for debt management. Bank borrowings also saw a reduction, falling by 22% to £88,000. However, net assets increased by 8.4% to £700,000, and current assets decreased by 12% to £600,000. The company’s small size—meeting two of three criteria for a small company—helps maintain agility, but the fluctuating assets could indicate challenges in managing working capital. As a small company, they are exempt from an audit, so the figures are unaudited. The company’s growth in assets could be a result of increased demand for solar and electrical solutions, but it’s important to monitor their cash flow closely.

Registered in England/Wales under the registration number 05518077, with a registered address at LN3 4NR, England, Lincoln, 2 Crofton Drive.

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