Promex Limited
- Active
- Small
- 21 years
- 25 employees
- £3,922,380 (cur assets)
- Regular importer
- Regular exporter
- Real address
- 3 directors
- 1 owner
- Derby
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Promex Ltd from Derby, UK, is a small, active company founded 20 years ago. With 23 employees and £4,413,498 in assets, it’s a well-established business. The company has a real address, is run by three directors, and has one owner. Promex Ltd regularly imports machinery, boilers, and mechanical appliances—parts, with import activity spanning three months, and exports the same items, with a six-month export history.
The company operates in the manufacture of other fabricated metal products, and it's a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, and employees less than 50. It's a tight-knit operation, and the directors list was changed eighteen days ago, which is a good sign.
A look at the company’s finances reveals some interesting trends. Cash bank on hand has increased significantly by 65%, reaching £1.2 million, which is a positive sign. However, net assets have also increased by 20%, reaching £2.8 million. Trade debtors have increased by 11%, reaching £3.1 million, which could indicate some delayed customer payments. Creditors have decreased by 19%, suggesting better debt management. The company’s net current assets liabilities have also increased by 22%, reaching £2.7 million.
It's worth noting that the company’s net losses deepened from -£10,000 to -£23,000, and the company's bank borrowings surged by 2,400%, reaching £29,000. The company is exempt from an audit as a small company, so the figures are unaudited.
The company’s financial health is a mixed bag. The increase in cash and decrease in creditors are encouraging, but the increase in trade debtors and bank borrowings raise concerns. The company’s ability to manage these trends will be crucial for its long-term success.
Registered in England/Wales under the registration number 05326407, with a registered address at DE24 8HW, Derby, Derbyshire, Haydock Park Road.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 9 years
- 2
- 25%+
-
Resident of United Kingdom
Managers
-
Individual
- 11 months
- 1
-
Resident of United Kingdom
-
Individual
- 18 years
-
Resident of United Kingdom
-
Individual
- 21 years
- 2
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted fifteen days ago.
Last news
-
Confirmation statement made on 2026-02-01 with updatesDownload 4 pages pdf report
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Change of details for Philby Properties Limited as a person with significant control on 2025-09-26Download 2 pages pdf report
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Total exemption full accounts made up to 2025-02-28Download 10 pages pdf report
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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Last exported products
Click on items to see detailed UK statistics on HS code, including companies list.
FAQ about Promex Limited
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