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Process Evolution Limited

04983030

active
Private Limited Company
england wales
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

2ND FLOOR, READING, RG1 4AR
Incorporated 02/12/2003

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 02/12/2025

Due 16/12/2026

On track

Industry

62090
Other information technology service activities

Officers

Ms Diane Louise Garbutt

secretary · Since 28/02/2022

Mr Christopher Paul Polden

director · Since 28/02/2022

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 43

Persons with Significant Control

Operational Research In Health (Holdings) Limited

75–100% shares
75–100% votes
right-to-appoint-and-remove-directors-as-trust
significant-influence-or-control-as-trust

3, Queens Road, Reading, RG1 4AR

Notified 28/02/2022

Former PSCs

Mr Peter Loader

Ceased 28/02/2022

Charges1 outstanding

Charge
outstanding

EVBL (GENERAL PARTNER EV SME LOANS II) LIMITED

Created 28/02/2022Registered 08/03/2022

CompanyRankvs 6130+ SIC 62090 peers
66

Financial strength96th percentile among SIC peers · 24/25
Employees16th percentile among SIC peers · 2/15
LiquidityCurrent ratio 8.54× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength24/25 pts

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

Employees2/15 pts

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

Liquidity20/20 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.

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 31/12/2024

Net Worth

£606k

Balance sheet strength

Cash

£84k

Cash in the bank

Net Current Assets

£603k

Working capital

Current Assets

£683k

Current Liabilities

£80k

Fixed Assets

£3k

Debtors

£585k

0avg. employees-2

Tax at Year End(2023)

Corp tax£82k
VAT£49k

Balance Sheet

Assets less current liabilities£606k

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20248.54+£124k
20232.92£981k

Derived from filed accounts. Not audited figures.