Prothoe Limited

Prothoe Limited is a large, active company based in London, UK, founded five years ago in May 2019. It holds £43,721 in assets and operates from a virtual address at 54 Portland Place, a location shared by ninety other companies. The company has two directors and one owner, Nee Stephen. It operates in the retail sale via mail order houses or via internet industries.

The company’s website, Prothoe Limited, focuses on retail sales through online channels. It appears to be an e-commerce business, offering a range of products, though the specific inventory isn’t detailed. The website emphasizes a wide selection and competitive pricing, typical of online retailers.

Financially, Prothoe Limited presents a mixed picture. While current assets increased by 42% to £44,000, net assets also rose by 58% to £44,000. However, operating profit surged by an impressive 370% to £16,000, a significant turnaround. Bank borrowings increased substantially, and cash reserves remain relatively low. The company’s turnover, however, dropped to zero. The lack of employees (zero reported) suggests a lean operation, and the accounts are unaudited. The auditor is Blick Rothenberg Audit LLP.

Overall, Prothoe Limited seems to be navigating a period of change. The surge in operating profit is encouraging, but the drop in turnover raises questions. The company’s virtual address and small size—meeting two of three criteria for a large company—allow for flexibility, but the financial pressures are evident.

Registered in England/Wales under the registration number 12019784, with a registered address at W1B 1DY, England, London, 54 Portland Place.

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