Prostko Ltd

Prostko Ltd, based in Leeds, UK, is a small, active company founded nine years ago in 2015. Employing five people, the company holds £748,559 in assets and operates from a real address. It’s a solo founder operation with one director and owner. Prostko Ltd is a regular importer of iron or steel products, with 89 months of import activity recorded.

The company’s website showcases a wide range of products, from access panels and ventilation grilles to car parts and plumbing supplies. It operates primarily as an online retailer, offering free shipping for orders over £100. The site’s product categories are extensive, suggesting a broad customer base and a diverse inventory. It’s clear that Prostko Ltd caters to both trade and individual customers, offering a one-stop shop for building materials, tools, and automotive accessories.

Financially, Prostko Ltd presents a mixed picture. While cash reserves increased by 38% to £250,000, current assets also rose by 39% to £750,000. However, net assets increased by a substantial 39% to £600,000. Trade debtors increased by 22% to £100,000, which could indicate a growth in sales but also potential issues with collections. Creditors also increased by 24% to £180,000. Bank borrowings surged by 2,400% to £29,000. The company's small size—meeting two of three criteria for a small company—allows for flexibility, but the increase in debt warrants attention. No auditor is mentioned, which is typical for a small, exempt company.

The company’s growth in import activity and expanding product range suggest a thriving business. However, the rise in debt and increased reliance on bank borrowings could pose challenges in the future. It will be interesting to see how Prostko Ltd manages its finances and sustains its growth in the coming years.

Registered in England/Wales under the registration number 09723218, with a registered address at LS11 5WB, England, Leeds, West Yorkshire, Unit 5 Matrix Court, Middleton Grove.

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