Progalvano (uk) Ltd

Progalvano (UK) Ltd, based in Cranleigh, UK, is a small holding company with an active status, having been established 27 years ago in 1997. The company employs five people and holds £336,233 in assets, operating from a real address and overseen by two directors and one owner. It’s a regular importer, specializing in electrical machinery and equipment, with 25 months of import activity recorded, the last in November 2024.

The company's website reveals a focus on rotoburatti and accessories for galvanizing plants. Progalvano manufactures and sells these components globally, emphasizing 50 years of experience and Italian craftsmanship. The site highlights a range of products, including rotor buratti, automatic openings, and cylinders, catering to industrial process and production industries. The company also provides custom solutions and boasts a team of multilingual experts offering design and marketing services.

Financially, Progalvano (UK) Ltd shows a mixed picture. Current assets have decreased by 27%, dropping to £340,000, while net assets have increased by 110%, reaching £51,000. Cash reserves have plummeted by 99%, leaving just £3,000, and bank borrowings have increased by 2,400%, reaching £29,000. Trade debtors have increased significantly by 500%, suggesting potential issues with customer payments. Despite meeting two of three criteria for a small company (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), the sharp decline in cash and rise in borrowings is concerning. The company is exempt from an audit, so the figures are unaudited.

While the business appears to be active and focused on a specialized niche, the financial data suggests it’s burning through cash. Whether this is a temporary setback or a longer-term challenge remains to be seen, but Progalvano’s reliance on its global market and specialized products will be key to its future success.

Registered in England/Wales under the registration number 03453137, with a registered address at GU6 8RZ, England, Cranleigh, Astra House, The Common, Cranleigh, The Common.

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