Process Exchange Limited
- Small
- Active
- 14 years
- 7 employees
- £1,065,081 (assets)
- Virtual address
- 3 directors
- 2 owners
- Regular importer
- Regular exporter
- Rating 5.0 (1)
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Social media
Phones
Summary
Process Exchange Ltd, based in Maidstone, UK, is a small, active company founded 14 years ago. With seven employees and £1,065,081 in assets, it operates from a virtual address, a point to consider. The company boasts a perfect 5.0 Google rating from one review, a testament to its customer service, and is managed by three directors and two owners. It’s a regular importer and exporter of machinery, boilers, and mechanical appliances; parts, with 51 months of import activity and 16 months of export activity recorded.
The company's website highlights its role as a provider of process valve engineering solutions, partnering with brands like Valvulas Zubi, WattsSocla, and Armstrong. It supplies a diverse range of industries, including refrigeration, petrochemical, agriculture, and healthcare, offering valves, actuators, and control systems. The website details specific products, like Zubi knife gate valves and Sylax butterfly valves, emphasizing quality and availability. It’s clear the company focuses on B2B sales, acting as a distributor and stockist rather than directly engaging in manufacturing.
Financially, Process Exchange Ltd shows some interesting trends. Cash bank on hand increased significantly by 77%, reaching £370,000, a positive sign of improved liquidity. However, net assets also increased by 22%, reaching £570,000, which is a good sign. Debtor’s decreased by 12%, which may be a sign of better collection practices. However, creditors increased by 13%, reaching £390,000, which could indicate increased reliance on short-term financing. The company’s small size—meeting two of three criteria for being classified as small—allows for flexibility, but the increase in creditors warrants monitoring. The lack of an auditor mentioned suggests the company is exempt from an audit as a small company.
Overall, Process Exchange Ltd appears to be a stable, specialized distributor operating in a niche market. The company’s strong partnerships and diverse product range position it well for continued success, though the increase in creditors should be kept an eye on.
Registered in England/Wales under the registration number 07436223, with a registered address at ME14 1JP, United Kingdom, Maidstone, Kent, 2nd Floor Medway Bridge House, 1-8 Fairmeadow.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 9 years
- 25%+
-
Resident of United Kingdom
-
Individual
- 9 years
- 25%+
-
Resident of United Kingdom
Managers
-
Individual
- 13 years
- 2
-
Resident of United Kingdom
-
Individual
- 14 years
- 2
-
Resident of United Kingdom
-
Individual
- 14 years
- 2
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted seven months ago.
Last news
-
Confirmation statement made on 2024-11-11 with updatesDownload 5 pages pdf report
-
Director's details changed for Mr John Graeme Swain on 2024-10-15Download 2 pages pdf report
-
Director's details changed for Mr John Graeme Swain on 2024-10-15Download 2 pages pdf report
Process Exchange Limited controls
Owns & Controls
-
Corporate
- 2 years
- 75%+
-
Resident of United Kingdom
-
Corporate
- 2 years
- 75%+
-
Resident of United Kingdom
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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Last exported products
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FAQ about Process Exchange Limited
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