Proteus Dynamic Ltd

Proteus Dynamic Ltd, based in Aberdeen, UK, is a small, active company founded fifteen years ago in 2009. With just two employees and £588,484 in assets, it’s a compact operation overseen by one director and owner. The company has a real address and regularly imports electrical machinery and equipment – a consistent 10 months of import activity were recorded, with the most recent in April 2024.

The company’s website reveals a focus on the marine electronics sector, specializing in navigation, survey sensors, and Dynamic Positioning (DP) systems. Proteus Dynamic provides services to vessels and clients operating in the time-critical oil and gas market, offering support, projects, consulting, and DP installation services. They also handle client representation and mobilization support. The website highlights expertise in DP systems, sensor technology, and instrumentation – a clear focus on specialized marine engineering.

Financially, Proteus Dynamic Ltd presents a mixed picture. While cash reserves increased significantly by 180% to £250,000, net assets also rose by 87% to £540,000. However, accrued liabilities jumped considerably, increasing by 3800% to £79,000 – a substantial rise. Creditors also increased by 110% to £170,000. Bank borrowings, however, decreased by 57% to £7,800. 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 sharp increase in liabilities warrants attention. No auditor is mentioned, which is common for small companies. The company’s net current assets increased by 90% to £420,000.

Overall, Proteus Dynamic Ltd appears to be growing, but it’s important to monitor its increasing liabilities to ensure sustainable financial health.

Registered in Scotland under the registration number SC367439, with a registered address at AB23 8NN, Scotland, Aberdeen, Scotstown Moor Base Scotstown Moor Base, Sheilhill, Bridge Of Don.

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