Protec Smart Solutions Ltd

Protec Smart Solutions Ltd, based in Cardiff, UK, is a small, active company founded three years ago. With just two employees and £2,845 in assets, it’s a solo founder operation led by a single director and owner. The company enjoys a stellar 5.0 Google rating based on 30 reviews, indicating high customer satisfaction. They’re an irregular importer of electrical machinery and equipment, with recent activity recorded in November 1, 2024.

The company's website, infoprotechsolutions.co.uk, reveals a focus on smart security systems around Norwich and Norfolk. They specialize in fire and security systems, smart home solutions, and data networks, targeting both commercial and residential clients. The site highlights accreditation from SSAIB, BAFE, and SafeContractor, emphasizing their commitment to quality and safety. They also boast a remote support facility and offer bespoke solutions, partnering with quality manufacturers. Recent projects, showcased on their website, demonstrate their expertise in various installations and maintenance services.

Financially, Protec Smart Solutions Ltd presents a mixed picture. While cash bank on hand increased by a substantial 230%, current assets declined by 340% to £2,800. Debtor’s increased significantly, by 290%, to £2,500, which could indicate a period of rapid growth but also potential challenges in collecting payments. Equity, however, decreased by 75%, falling to -£25,000—a significant drop. Creditors also increased by 96%, reaching £40,000. The company meets the criteria for a small business, with turnover under £10.2 million and assets under £5.1 million. There's no mention of an auditor, which is common for small, exempt companies.

The company’s growth in importing, combined with the declining equity, suggests it may be investing heavily in its business, perhaps expanding its inventory or services. It's possible that the increase in creditors reflects this investment, but it’s also important to monitor cash flow to ensure the company can meet its obligations. The solo founder nature of the business could also mean the director is juggling multiple roles, which could impact efficiency.

Registered in England/Wales under the registration number 13626474, with a registered address at CF14 3ED, Wales, Cardiff, 27 Maelog Place.

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