Prophotonix Limited

ProPhotonix Ltd from Bishop's Stortford UK is a large, active company founded 29 years ago. It employs 48 people and holds assets worth £2,343,122, generating a yearly revenue of £4,598,146. Based at a real address, the company is managed by three directors and one owner. It regularly imports and exports optical and medical tools and devices—a testament to its international reach.

The company’s core business revolves around being a manufacturer and distributor of LED lights and laser modules, with a focus on custom solutions for industrial, medical, and scientific equipment. Their website showcases a wide range of products, from LED line lights to UV LED curing systems, catering to diverse applications like 3D scanning, machine vision, and UVC disinfection. They also offer laser diode selection tools and custom laser module design services, highlighting their technical expertise. The company seems to operate primarily as a B2B supplier, with a focus on providing tailored solutions rather than direct consumer sales.

Financially, ProPhotonix Ltd presents a mixed picture. While it meets the criteria to be considered a large company—having met two of three conditions—certain trends warrant attention. Accumulated depreciation on plant and machinery remained stable, but accrued liabilities decreased significantly, suggesting a reduction in short-term obligations. Bank borrowings also remained stable. However, cash and bank balances increased by 35%, which is a positive sign. The company’s revenue has been steadily declining, dropping 19% to £2.3 million. This decrease, coupled with a significant rise in administrative expenses, resulted in a loss of £700,000. It's worth noting that the company's tax losses available for carry forward are substantial, which could provide future tax benefits. The company’s auditor is Grant Thornton, and the financial statements are unaudited.

Overall, ProPhotonix Ltd appears to be a well-established player in the photonics industry, but the recent financial trends suggest a need for careful management and strategic adjustments to ensure long-term sustainability.

Registered in England/Wales under the registration number 03110900, with a registered address at CM22 7BA, Bishop's Stortford, Hertfordshire, Pierce Williams Sparrow Lane, Hatfield Broad Oak.

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