Progarm Limited

Progarm Limited, based in Brough, UK, is a holding company with an active status, established eleven years ago. The company employs 28 people and holds assets valued at £7,972,762. It’s a family business with four directors and two owners, and boasts a respectable Google rating of 4.0 based on three reviews. Progarm specializes in importing and exporting clothing and accessories, specifically those not knitted or crocheted, with 198 months of import activity and 166 months of export activity recorded.

The company's website, ProGARM, focuses exclusively on arc flash protection clothing and PPE. It’s a specialist manufacturer and supplier, catering to industries like electrical utilities, rail, power generation, and petrochemicals. The site offers a wide range of garments, from coveralls and dungarees to polo shirts and trousers, alongside accessories and safety equipment. ProGARM emphasizes quality, durability, and innovation, with a lifetime seam guarantee and a focus on sustainability.

Financially, Progarm Limited's numbers present a mixed picture. While the company’s net assets increased by 16%, reaching £4,600,000, cash reserves decreased by 24% to £1,300,000. Bank borrowings increased by 17%, reaching £760,000, and trade creditors rose by 18%, suggesting a need for better cashflow management. Despite these challenges, the company’s revenue increased by 10%, reaching £8,000,000. The decrease in deferred tax expense credit, from -£23,000 to £31,000, may reflect changes in tax regulations or company strategies. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the increase in bank borrowings raises questions. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

In short, Progarm Limited is holding steady, but facing pressures. Its focus on a niche market—arc flash protection—and commitment to quality should support its continued success, but careful financial management will be key to navigating the current economic climate.

Registered in England/Wales under the registration number 08552746, with a registered address at HU15 2TS, Brough, Unicorn House Broad Lane, Gilberdyke.

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