Protec Ingredia Limited

Protec Ingredia Ltd from Borehamwood, UK, is a small holding company with an active status, established fourteen years ago. Employing eighteen people and holding assets of £6,103,657, it operates from a real address and is overseen by three directors and one owner. The company regularly imports organic chemicals (224 months) and exports soaps, cleaning products, and waxes (39 months).

The company’s website showcases its role as a supplier of high-quality personal care ingredients, partnering with a range of manufacturers like Cargill, Codif, and Lipoid Kosmetik. It appears to operate as a wholesale distributor rather than an e-commerce retailer, focusing on business-to-business sales of cosmetic raw materials. The site highlights its commitment to quality, innovation, and customer service, positioning itself as a key link in the personal care supply chain.

Financially, Protec Ingredia Ltd shows a mixed picture. Current assets have increased by 23%, reaching £6,100,000, while net assets have grown by 33%, now at £4,700,000. However, bank borrowings have risen significantly by 210%, reaching £1,500,000, and cash reserves have fallen by 65%, now at £1,100,000. Creditors decreased by 38%, suggesting improved debt management. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of a named auditor is consistent with its small company status.

The increase in bank borrowings, despite the growth in assets, could indicate investments in inventory or expansion efforts. The decrease in cash reserves, however, warrants attention. The company’s focus on wholesale distribution and its strong supplier partnerships suggest a stable business model, but the financial data suggests it's navigating a period of increased financial pressure.

Registered in England/Wales under the registration number 07517784, with a registered address at WD6 1FJ, United Kingdom, Borehamwood, Hertfordshire, Unit 10, Delta Court, Manor Way.

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