Proskill Engineering Limited

Proskill Engineering Ltd, based in Bury St. Edmunds, UK, is a small, active company founded four years ago. Employing 37 people, it holds £1,557,883 in assets and operates from a virtual address – twelve other companies are registered at the same location. The company is led by two directors and a solo founder, with a stellar 5.0 Google rating based on one review. It’s a regular importer of furniture, lighting, and prefabricated buildings, with 30 months of import activity recorded, the latest in February 2025.

The company’s website highlights its consultancy services and capabilities in various engineering sectors, including piping, mechanical, civil, structural, instrumentation, and electrical. It also offers industrial IT services and manpower supply. A section titled “Who Trust Us” showcases its clients, while “Projects” and “Testimonials” aim to build credibility. The company’s registered address is in Vadodara, Gujarat, India, suggesting a global reach, and the website mentions a business center in Manjalpur. The site’s design is clean and professional, but lacks detailed product listings or e-commerce functionality, indicating a focus on service-based offerings rather than direct sales.

Financially, Proskill Engineering Ltd presents a mixed picture. Current assets have increased by 29% to £1,600,000, while net assets have grown by 27% to £1,100,000. Cash reserves have seen a significant boost, jumping 220% to £260,000. However, bank borrowings have increased, and trade debtors have also risen substantially, suggesting potential challenges in managing cash flow. Despite these pressures, creditors have decreased, indicating improved debt management. The company’s small size (meeting two of three criteria for a small company) allows for flexibility, but the increase in debtors warrants close monitoring. As a small company, it’s exempt from an audit, and the figures are unaudited.

Overall, Proskill Engineering Ltd appears to be a growing company, but its financial performance is not without its challenges. The increase in debtors and bank borrowings, while not alarming, require careful attention to ensure sustainable growth.

Registered in England/Wales under the registration number 12720003, with a registered address at IP31 3NF, England, Bury St. Edmunds, May Cottage Ashfield Road, Norton.

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