Promultis Ltd

Promultis Ltd, based in Lee-On-The-Solent, UK, is a small, active company established 21 years ago. With four employees and £1,020,188 in assets, it operates from a real address and is overseen by three directors and two owners. Boasting a perfect 5.0 Google rating from six reviews, the company is a regular importer and exporter of electrical machinery and equipment, with 50 months of import activity and 6 months of export activity recorded.

The company’s website showcases a wide range of interactive touchscreen solutions, from tables and kiosks to video walls and outdoor screens. It caters to diverse sectors, including education, retail, corporate, and hospitality, offering both hardware and software. The site emphasizes custom builds and rental options, suggesting a flexible approach to meeting client needs. It also has a blog, which is a nice touch.

Financially, Promultis Ltd shows a mixed picture. Current assets decreased by 26% to £1,000,000, while net assets increased by 21% to £770,000. Bank borrowings remained stable at £3,500, but cash reserves plummeted 65% to £300,000. Trade debtors increased significantly by 160%, which could be a sign of growth or a potential issue with collections. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows it to remain agile, but the decrease in cash reserves is a point of concern. No auditor is mentioned, which is common for small companies.

Overall, Promultis Ltd appears to be a well-regarded player in the touchscreen technology market, but its financial performance suggests it may be burning through money faster than it's bringing it in. The company’s success will depend on its ability to maintain its strong reputation and manage its cash flow effectively.

Registered in England/Wales under the registration number 04957866, with a registered address at PO13 9FX, England, Lee-On-The-Solent, C2 Daedalus Drive.

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