Protronix Limited

Protronix Limited, based in Bellhill, UK, is a small, active company established 30 years ago. With 10 employees and £771,948 in assets, it’s a well-established player in the engineering services sector. The company, led by three directors and two owners, maintains a real registered address and boasts a stellar 5.0 Google rating from a single review. It’s a regular importer of electrical machinery and equipment, with 22 months of import activity recorded, the latest in December 2024.

The company specializes in designing, developing, and manufacturing custom equipment and systems for military, medical, and industrial applications. Its website highlights capabilities like functional test equipment, environmental testing, machine vision systems, and assembly systems. It serves a diverse range of sectors, including oil & gas, medical, automotive, aerospace, and defense. Protronix emphasizes industry expertise, customer service, and traceability, operating under ISO 9001:2008 certification.

Financially, Protronix Limited presents a mixed picture. While current assets increased by 14% to £770,000, net assets rose by 9% to £730,000. However, bank borrowings increased significantly, with overdrafts up 31% to £62,000. Cash reserves decreased by 15% to £370,000. Trade debtors increased by 75%, suggesting potential delays in customer payments, while creditors rose sharply by 190% to £95,000. Depreciation on computer equipment increased by 100%, indicating investment in technology. The company, meeting two of three criteria for a small company, relies on unaudited accounts, and no auditor is mentioned.

Overall, Protronix Limited seems to be a stable, albeit growing, business. The increase in debt and the rise in trade debtors warrant attention, but the company’s strong technical capabilities and diverse client base suggest a resilient foundation.

Registered in Scotland under the registration number SC151540, with a registered address at ML4 3NQ, Bellhill, Lanarkshire, Unit 14 Wren Court, Strathclyde Business Park.

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