Proteus Equipment Limited

Proteus Equipment Ltd, based in Bury St Edmunds, UK, is a small, holding company with an active status. Established 38 years ago in 1987, the company employs 13 people and holds assets totaling £4,429,106. It’s managed by three directors and owned by two individuals, with a real address registered. The company regularly imports plastics and plastic products (7 months) and exports machinery, boilers, and mechanical appliances; parts (39 months).

The company operates in the manufacture of other special-purpose machinery and the renting and leasing of machinery and equipment. Its website is currently unavailable, so it’s difficult to determine if it operates an e-commerce platform.

Financially, Proteus Equipment Ltd shows some interesting trends. Cash bank on hand has increased significantly by 23%, reaching £2.9 million, and current assets have also risen by 23% to £4.4 million. However, net assets have grown by 20% to £4.6 million, and bank borrowings have increased by 95%, reaching £140,000. Trade debtors have also increased by 8.4% to £520,000. Average number of employees has decreased by 31%, dropping to 9.

The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. It is exempt from an audit, so the financial data is unaudited. The increase in bank borrowings and decrease in employees may indicate a period of investment or restructuring, but it’s difficult to say for sure. The increase in cash and assets suggests the company is still generating revenue, but the rise in debt warrants further investigation.

Registered in England/Wales under the registration number 02087313, with a registered address at IP33 2RS, United Kingdom, Bury St Edmunds, Suffolk, Proteus Equipment Newlands Industrial Estate, Rushbrooke Lane.

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