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Processia Solutions Limited

04232899

active
ltd
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

Second Floor, Mid City Place, 71 High Holborn, London, WC1V 6EA
Incorporated 12/06/2001

Previously known as

Ip3 Technologies Limited · until 12/08/2010

Compliance

Last accounts

31/12/2024

small

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 12/06/2025

Due 26/06/2026

On track

Industry

74100
Specialised design activities

Officers

Michael John Herron

director · Since 28/02/2025

British · United Kingdom · Age 49

Hayley Marie Bevis

secretary · Since 12/03/2025

Former

Swift Incorporations Limited

corporate nominee secretary · Resigned 12/06/2001

Norman Ian Dent

secretary · Resigned 20/06/2001

Ian Ross James Campbell

director · Resigned 28/02/2009

Paul Barker

director · Resigned 31/08/2014

Paul Barker

secretary · Resigned 31/08/2014

Barrie Hylton Thornburn

director · Resigned 31/03/2016

Pendleton Clay Van Doren

director · Resigned 17/06/2022

Adrian Paul Gregory

director · Resigned 21/10/2022

Vincent Fraser

director · Resigned 31/12/2022

Suzanne De Wit

director · Resigned 23/10/2023

Pendleton Clay Van Doren

director · Resigned 14/06/2024

Nicola Jane Kelly

director · Resigned 06/09/2024

Praveen Bhat

director · Resigned 28/02/2025

Ibrahim Mahmood

director · Resigned 28/02/2025

Clay Pendleton Van Doren

director · Resigned 28/02/2025

Delphine Soria Sak Bun

secretary · Resigned 12/03/2025

Persons with Significant Control

Atos Se

75–100% shares
75–100% votes
Appoint directors

River Ouest, 80 Quai Voltaire, Bezons, 95870

Reg: 323 623 603 · Registre De Commerce Et Des Société - Pontoise · Societas Europaea (Se)

Notified 30/06/2016

Former PSCs

Mr Vincent Fraser

Ceased 13/06/2018

Processia Solutions Inc

Ceased 30/06/2016

Charges0 outstanding

Charge
satisfied

BANQUE HSBC CANADA

Created 27/11/2018Registered 03/12/2018Satisfied 28/05/2025
charge
satisfied

HSBC BANK PLC

Created 06/01/2012Registered 11/01/2012Satisfied 31/05/2018
charge
satisfied

HSBC INVOICE FINANCE (UK) LTD ("THE SECURITY HOLDER")

Created 10/11/2011Registered 12/11/2011Satisfied 16/02/2018
charge
satisfied

HSBC BANK PLC

Created 09/11/2011Registered 10/11/2011Satisfied 16/02/2018

Change History

statusactive
2026-06-04

Active

typeltd
2026-06-04

Private Limited Company

address line1Second Floor, Mid City Place
2026-06-04

SECOND FLOOR, MID CITY PLACE

post townLondon
2026-06-04

LONDON

officer appointedBEVIS, Hayley Marie
2026-06-04
officer appointedHERRON, Michael John
2026-06-04

CompanyRankvs 18866+ SIC 74100 peers
51

Financial strength0th percentile among SIC peers · 0/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.72× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength0/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/12/2024

Net Worth

-£1.0M

Balance sheet strength

Cash

£2.2M

Cash in the bank

Net Current Assets

-£1.1M

Working capital

Current Assets

£2.7M

Current Liabilities

£3.8M

Fixed Assets

£6k

Debtors

£538k

36avg. employees+3

Balance Sheet

Assets less current liabilities-£1.0M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.72
20230.88
20222.35
20213.92
20202.27+£90k
20192.24-£19k
20182.22+£646k
20160.82

Derived from filed accounts. Not audited figures.