The Process Works Ltd
03514822
Some Concerns
- Current liabilities exceed current assets (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
31/03/2025
micro entity
Next accounts due
31/12/2026
Confirmation statement
Last: 15/02/2026
Due 01/03/2027
Industry
Officers
Persons with Significant Control
Mr James Arthur Howarth
British · England · Age 71
8, Lower Pumpfield Row, Redruth, TR15 3PX
Notified 06/04/2016
Charges1 outstanding
NATIONAL WESTMINSTER BANK PLC
Change History
Active
Private Limited Company
8 LOWER PUMPFIELD ROW LOWER PUMPFIELD ROW
REDRUTH
CompanyRankvs 38493+ SIC 62020 peers54
Show leaderboard
How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/03/2025
Net Worth
£173k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£2k
Working capital
Current Assets
£3k
Current Liabilities
£5k
Fixed Assets
£175k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.60 | +£187 |
| 2024 | 0.70 | +£11 |
| 2023 | 0.34 | +£2k |
| 2022 | 0.38 | -£437 |
| 2021 | 0.35 | — |
Derived from filed accounts. Not audited figures.