Processing Technology Ltd
12570320
Healthy
- Negative net worth (-10)
Details
Compliance
Last accounts
31/12/2024
total exemption full
Next accounts due
30/09/2026
Confirmation statement
Last: 22/04/2026
Due 06/05/2027
Industry
Officers
Former
director · Resigned 31/12/2020
director · Resigned 10/01/2023
Persons with Significant Control
Mr Richard Albert Col
Swiss · Switzerland · Age 61
114 St Martin's Lane, Covent Garden, London, WC2N 4BE
Notified 01/01/2021
Former PSCs
Mr Charles Edouard Marie Geoffroy
Ceased 31/12/2020
Change History
Active
Private Limited Company
114 ST MARTIN'S LANE
LONDON
CompanyRankvs 15507+ SIC 63990 peers29
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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
-£1.2M
Balance sheet strength
Cash
£30k
Cash in the bank
Net Current Assets
-£1.1M
Working capital
Current Assets
£187k
Current Liabilities
£1.3M
Fixed Assets
£1k
Debtors
£157k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.14 | +£131k |
| 2023 | 0.06 | -£547k |
| 2022 | 0.23 | -£262k |
| 2021 | 0.33 | -£542k |
Derived from filed accounts. Not audited figures.