Faster Processing Limited
11010950
Healthy
No risk factors detected.
Details
Compliance
Last accounts
31/12/2024
micro entity
Next accounts due
30/09/2026
Confirmation statement
Last: 10/10/2025
Due 24/10/2026
Industry
Officers
director · Since 04/01/2018
DIRECTOR
BRITISH · UNITED KINGDOM · Age 53
Also on 10 other boards
Persons with Significant Control
Faster Transaction Processing Limited
16, Bulstrode Way, Gerrards Cross, SL9 7QU
Reg: 11008533 · Gb-Eng · Company
Notified 12/10/2017
Former PSCs
Mrs Sonia Ault
Ceased 31/12/2018
Mr Michael John Ault
Ceased 05/06/2024
CompanyRankvs 9432+ SIC 64999 peers63
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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.
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
£182k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£18k
Working capital
Current Assets
£986k
Current Liabilities
£1.0M
Fixed Assets
£51k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.98 | +£5k |
| 2023 | 0.95 | -£113k |
| 2022 | 1.10 | +£302k |
| 2019 | 0.98 | -£19k |
| 2018 | 0.97 | — |
Derived from filed accounts. Not audited figures.