Prolight Concepts Group Limited

Prolight Concepts Group Ltd, based in Colne, UK, is a holding company with an active status, established ten years ago in December 2014. The company employs 26 people and holds assets totaling £1,037,594. It operates from a real address and is overseen by five directors, with Jeffrey Andrew as the solo owner. Prolight Concepts Group Ltd runs an e-commerce site and maintains a strong Google rating of 5.0 based on 14 reviews. The company regularly imports electrical machinery and equipment, with 124 months of import activity recorded, the last in November 2022. It exports nothing, with 18 months of export activity.

The company’s website showcases a wide range of lighting, trussing, cables, and distribution products, catering to the entertainment and events industries. It also offers custom cables and brands, alongside news, resources, and contact information. The site features a newsletter signup and social media links, and even has a trade account enquiry form. The website also mentions a partnership with GOb2b, indicating a focus on efficient online transactions.

Financially, Prolight Concepts Group Ltd presents a mixed picture. While turnover remained steady at £1,000,000, net assets decreased by 3.5% to £2,300,000. Cash reserves declined by 55% to £91,000, while bank borrowings remained unchanged. Creditors decreased by 54%, suggesting improved debt management. The company’s average number of employees increased by 15% to 30. Although the company’s revenue stayed consistent, the decrease in cash reserves and the increase in net losses (-£270,000) raise concerns about its financial health. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

Overall, Prolight Concepts Group Ltd seems to be navigating a challenging market. Its e-commerce platform and strong Google rating indicate a successful online presence, but the financial data suggests a need for careful management and strategic planning to ensure long-term sustainability.

Registered in England/Wales under the registration number 09370487, with a registered address at BB8 8LJ, England, Colne, Edison Point, Regent Street.

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