Providion Limited

Providion Ltd from Oldham, UK, is a small holding company with an active status, established fifteen years ago in 2009. The company employs eleven people and holds assets totaling £957,418. It operates from a real address and is overseen by three directors and one owner. Providion regularly imports and exports optical and medical tools and devices, with 29 months of import activity and 50 months of export activity recorded. The last import was in January 2025, and the last export was in February 2025.

The company's website, Providion, focuses on providing mass spectrometry support, parts, and training services worldwide. It caters to users of Sciex and Waters instrumentation, offering a vast range of new and refurbished parts, instruments, and training courses. The site emphasizes expertise, fast response times, and quality, with a dedicated UK training centre. It also highlights a commitment to friendly service and expert advice. Providion’s website also mentions a partnership with Spectroserv Limited and Mspec Eu Limited.

Financially, Providion Ltd’s recent reports show some interesting trends. While fixed assets decreased by 6.4%, investments in group undertakings remained stable. Cash reserves saw a significant boost, increasing by 370% to £27,000. However, net assets declined by 25%, and net current assets plummeted 47%, suggesting potential liquidity issues. Bank borrowings, however, decreased by 69%, which is a positive sign. Creditors increased by 15%, and trade debtors decreased by 33%, indicating a possible shift in payment terms. 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 remain flexible, but the decrease in equity is something to watch. No auditor is mentioned, which is typical for companies of this size.

Overall, Providion Ltd appears to be navigating a period of change. The increased cash reserves and reduced bank borrowings are encouraging, but the decline in net assets and current assets warrants further investigation. The company's focus on specialized services and parts for mass spectrometry equipment, however, provides a strong foundation for continued success.

Registered in England/Wales under the registration number 06952071, with a registered address at OL9 9XB, Oldham, Spectrum House 6 Howarth Court, Broadway Business Park.

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