Procurement International Ltd.

Procurement International Ltd from Finchampstead UK: a small, active company founded 45 years ago, employs 26 people, and holds £2,374,342 in assets. It operates from a real address and is managed by two directors, although there are no officially registered owners. The company regularly imports leather goods, travel bags, and animal harnesses (for the last seven months), and exports electrical machinery and equipment (for the last 99 months).

The company’s website doesn't offer much insight into their operations beyond what's already known. There's no obvious e-commerce presence, suggesting a business-to-business model focused on wholesale distribution rather than direct retail.

Financially, Procurement International Ltd shows a mixed picture. While net assets increased by 5.9% to £1,600,000, cash bank on hand took a significant hit, dropping 33% to £610,000. Creditors also rose by 12%, reaching £930,000, which could indicate increased reliance on short-term financing. Trade debtors, however, saw a substantial increase of 28%, suggesting customers are taking longer to pay. The company’s small size—meeting two of three conditions for a small company (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees)—allows for flexibility, but the decline in cash reserves warrants attention. Investments increased dramatically, by 13,000%, reaching £130,000, which could be a one-off event. The company is exempt from an audit as a small company, so the financial data is unaudited.

The company’s focus on importing and exporting, combined with its long history, suggests a stable, established business. However, the fluctuating financial figures indicate potential challenges in managing cash flow and customer payments.

Registered in England/Wales under the registration number 01438722, with a registered address at RG40 4RF, Finchampstead, Berks, Victory House 17-19 Marino Way, Hogwood Industrial Estate.

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