Protex (uk) Systems Limited

Protex Fire Security Limited, based in Ashton-under-Lyne, UK, is a small, active company founded thirteen years ago in 2011. With £1,496,017 in assets and a real registered address, it employs five people and is led by two directors and one owner. The company boasts a 4.0 Google rating from 17 reviews and is a regular importer and exporter of optical and medical tools and devices, with 23 months of import activity and 10 months of export activity.

The company's website highlights its focus on providing total fire security systems, including intruder alarms, CCTV, access control, pandemic protection, fire detection, and emergency lighting. It emphasizes a customer-centric approach, offering design, installation, support, and even takeover services for existing systems. The company’s reputation is a key driver of business, with around 90% of new clients gained through referrals and recommendations. It also has a very high client retention rate.

Financially, Protex Fire Security Limited shows some concerning trends. While current assets increased by 22% to £1,500,000, net losses deepened to -£38,000. Cash reserves fell 12% to £810,000, and trade debtors ballooned by 120% to £540,000, suggesting potential issues with customer payments. Creditors also increased by 45% to £570,000. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the increase in debt and losses is something to watch. The company is exempt from an audit, so the financial information is unaudited.

The company's focus on customer service and its high client retention rate are positives, but the financial data suggests it's burning through money. Whether this is a temporary setback or a longer-term challenge remains to be seen.

Registered in England/Wales under the registration number 07871605, with a registered address at TS18 3TA, England, Stockton-On-Tees, Wellington House Wellington Court, Preston Farm Business Park.

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