Prosale Limited

Prosale Ltd from Frome, UK, is a small, family-run business with an active status, celebrating 20 years since its founding in 2004. Employing 14 people, the company holds £728,524 in assets and operates from a virtual address – a detail worth noting as 79 companies are registered at the same location. With three directors and two owners, Prosale Ltd has a solid leadership structure and a 5.0 Google rating based on just two reviews. They are regular importers of electrical machinery and equipment, with 49 months of import activity recorded.

Prosale specializes in the supply, installation, and maintenance of automatic doors, catering to commercial entrances. Their website showcases a range of products, including sliding, swing, and revolving doors, alongside accessories and aftercare services. They work with companies like Morgan Motor Company and Gloucester Transport HUB, and even have a showroom in Harrods, London. The website emphasizes reliability, professional guidance, and 24/7 customer support. They even have a blog with some interesting content.

Financially, Prosale Ltd presents a mixed picture. While cash reserves have significantly increased by 150% to £170,000, other areas show concern. Creditors have decreased by 20%, which is positive, but accrued liabilities have jumped 940% to £8,700. Bank borrowings have also decreased, but net assets have seen a dramatic increase of 21000%, reaching £190,000. Property, plant, and equipment have decreased by 30%, and the company’s net current assets and liabilities have increased by 1100%. The company’s small size – meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees – helps it remain agile. With no auditor mentioned, the figures are unaudited.

Overall, Prosale Ltd seems to be navigating a period of change. While their core business appears strong, the significant shifts in liabilities and assets suggest a need for careful financial management. It’s a small business with a long history, but the future depends on maintaining its reputation for quality service and adapting to evolving market conditions.

Registered in England/Wales under the registration number 05303435, with a registered address at BA11 2RY, England, Frome, Unit D2 Southgate, Commerce Park.

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