Promatic International Limited

Promatic International Ltd, based in Ellesmere Port, UK, is a large, active company founded 28 years ago. With 62 employees and £9,806,708 in assets, it generates £7,465,046 in yearly revenue. The company operates as a holding company, has five directors, and two owners, and runs an e-commerce site with a perfect 5.0 Google rating from 11 reviews. It regularly imports electrical machinery and equipment (75 months) and exports toys, games, and sports equipment (181 months).

The company’s website highlights its expertise in clay pigeon traps and associated products, catering to both commercial and personal use. It even has a division specializing in piano restoration, operating from Cambridge and with a showroom in Harrods—a surprising diversification from its core business. The site emphasizes quality, British craftsmanship, and a range of services from restoration to self-play system integration.

Financially, Promatic International Ltd shows some interesting trends. While current assets remain steady at £9,800,000, bank borrowings increased by 13%, reaching £770,000. Creditors also rose by 13%, suggesting increased reliance on short-term financing. However, net assets increased by 15%, indicating a healthy equity position. The company’s turnover decreased by 30%, a significant drop, which could be attributed to broader economic factors or shifts in market demand. With no auditor mentioned, the financial statements are unaudited.

Overall, Promatic International Ltd appears to be a stable, albeit evolving, business. The diversification into piano restoration is an intriguing development, and the company’s strong online presence and positive customer reviews suggest a commitment to quality and service. However, the decrease in turnover warrants close monitoring, and the increased reliance on borrowing could pose a challenge in the long term.

Registered in England/Wales under the registration number 03292802, with a registered address at CH66 7PA, United Kingdom, Ellesmere Port, United Kingdom, Unit 1 Hooton Road, Hooton.

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