Protech Future Limited

Protech Future Ltd from Telford, UK, is a small, active company founded sixteen years ago in 2009. With nineteen employees and £2,519,873 in assets, it’s a well-established operation. The company, led by a solo founder and single director, maintains a real address and boasts a stellar 5.0 Google rating from thirteen reviews. It regularly imports machinery, boilers, and mechanical appliances – parts, with nineteen months of import activity recorded, and exports iron or steel products, showing twenty-one months of export activity.

The company operates in the wholesale of agricultural machinery, equipment and supplies, and the manufacture of metal structures and parts of structures. It seems to be a fairly traditional business, with a focus on B2B rather than direct consumer sales. There's no obvious e-commerce presence, suggesting a reliance on established industry relationships and direct sales channels.

Financially, Protech Future Ltd presents a mixed picture. Cash reserves increased by a significant 110%, reaching £1.2 million—a positive sign of improved liquidity. However, net losses deepened to -£23,000, while trade debtors increased by 5.8% to £700,000. Creditors also rose by 67%, reaching £1.3 million, which could indicate increased reliance on supplier credit. Despite these challenges, the company’s assets increased by 30%, reaching £2.5 million. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the increased debt levels warrant monitoring. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited director’s statements.

The company’s financial health is stable, but it’s facing some pressure. The increase in debt levels is something to keep an eye on, but the strong asset base and increased cash reserves suggest the company is still in a reasonably good position.

Registered in England/Wales under the registration number 06839602, with a registered address at TF8 7BN, Telford, Shropshire, Severn View Buildwas Road, Ironbridge.

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