Proimage Limited

Proimage Limited, based in Preston, UK, is a small, family-run business with an active status, celebrating 30 years since its founding in 1995. With three employees and £484,186 in assets, it operates from a real address and is overseen by three directors and two owners. The company is an irregular importer, primarily dealing in stone, plaster, and cement products, with its last import activity recorded over a decade ago. It also operates in the manufacture of women’s outerwear and car rental industries.

The company’s website is unavailable, making it difficult to determine the extent of its e-commerce operations. However, it appears to be a small-scale operation, meeting two of the three criteria to be considered a small company: turnover less than £10.2 million and balance sheet total less than £5.1 million, with fewer than 50 employees.

A review of Proimage Limited’s financial data reveals some concerning trends. Accumulated depreciation has increased, particularly for plant and machinery, while cash bank on hand has decreased by 24%. Bank borrowings have also risen, though creditors have seen a significant increase—potentially indicating challenges in managing short-term liabilities. Trade debtors have ballooned, suggesting difficulties in collecting payments. Despite these pressures, the company's net assets have only slightly decreased. The company's unaudited accounts, prepared using VT Final Accounts software, show a decline in net losses.

While the company’s small size allows for agility, the financial data suggests it may be facing some challenges. The increase in debt and decrease in cash reserves could be a cause for concern, although the increase in creditors could be due to expanding operations. The lack of an auditor mentioned indicates the company is likely exempt from an audit as a small business.

Registered in England/Wales under the registration number 03007467, with a registered address at PR2 9LZ, England, Preston, 12 Kingsbarn Close, Fulwood.

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