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Faster Transaction Processing Limited

11008533

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk

No risk factors detected.

Details

READING BRIDGE HOUSE, READING, RG1 8LS
Incorporated 11/10/2017

Compliance

Last accounts

31/12/2024

dormant

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 10/10/2025

Due 24/10/2026

On track

Industry

64999
Other financial service activities

Officers

Mr Michael John Ault

director · Since 04/01/2018

DIRECTOR

BRITISH · UNITED KINGDOM · Age 53

Also on 10 other boards

Persons with Significant Control

Mypos World Ltd

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

Summit House, 12 Red Lion Square, London, WC1R 4QH

Reg: 10630817 · Register Of Companies · Private Company Limited By Shares

Notified 19/03/2025

Former PSCs

Mrs Sonia Ault

Ceased 31/12/2018

Kleyn Ventures Limited

Ceased 01/08/2018

Mr Michael John Ault

Ceased 19/03/2025

Charges0 outstanding

Charge
satisfied

UTP (UK) HOLDINGS LLC

Created 20/05/2019Registered 04/06/2019Satisfied 20/01/2021

CompanyRankvs 13746+ SIC 64999 peers
47

Financial strength82th percentile among SIC peers · 21/25
Employees16th percentile among SIC peers · 2/15
LiquidityNo balance sheet data · 0/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength21/25 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.

Liquidity0/20 pts

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

Longevity9/15 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

£148k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£151k

Working capital

Current Assets

Current Liabilities

£151k

Fixed Assets

£150k

0avg. employees

Balance Sheet

Assets less current liabilities£148k
Signed by 1.1.24Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent RatioImplied Profit
2024+£0
20230.99-£25
20220.99-£98
20210.99+£168k
20190.96-£26k
20180.98

Derived from filed accounts. Not audited figures.