Proplas International Limited

Proplas International Ltd, based in Lancashire, UK, is a small, active company founded 21 years ago. With just two employees and £45,729 in assets, it’s a modest operation managed by three directors and two owners. The company has a real address and is regularly importing electrical machinery and equipment (16 months), while also exporting it consistently for a much longer period (294 months). The last export operation was made on October 01, 2024.

The company’s website, proplasint.co.uk, showcases its role as an industrial automation consultancy and supplier. It offers a range of products, including Siemens and Rockwell Automation drives, control equipment, safety switches, and sensors. The site emphasizes a “holistic approach” to automation integration, highlighting service, supply, and solutions as key to its success. It seems to be primarily a B2B supplier, rather than an e-commerce site—customers would likely contact them directly for quotes and custom solutions.

Financially, Proplas International Ltd presents a mixed picture. Current assets have fallen by a significant 32%, dropping to £46,000. Net assets have plummeted even further, decreasing by 99% to a mere £140. Bank borrowings have shrunk dramatically, falling by 92% to £69, and cash reserves have also declined by 31%, sitting at £22,000. Creditors have decreased by 15%, suggesting better debt management, but other debtors have increased by 280%. The company’s small size (meeting two of three conditions for a small company) means it’s likely exempt from a full audit, so the figures are unaudited.

The significant drop in net assets is a concern, though it could be due to various factors—perhaps increased investment in inventory or equipment. The rise in other debtors suggests potential delays in customer payments, which could strain cash flow. While the company’s long history of exporting suggests a stable business model, the financial data indicates it’s facing some challenges and is burning through money.

Registered in England/Wales under the registration number 04955460, with a registered address at BB11 2RF, Lancashire, 87 Moseley Road, Burnley.

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