Process Parameters Ltd

Process Parameters Ltd from Reading UK: a small, active company founded 21 years ago, employs seven people, and holds £339,487 in assets. Operating from a virtual address—with 164 other companies registered at the same location—it’s a family business with three directors and two owners. The company runs an e-commerce site and regularly imports and exports optical and medical tools and devices, with 62 months of import activity and 26 months of export activity.

The company operates in the other manufacturing n.e.c. industries, and its website suggests a focus on industrial equipment supply. While no specific details about the website's functionality are available, the company’s presence online indicates a commitment to reaching a wider customer base.

Financially, Process Parameters Ltd shows some concerning trends. Cash reserves have fallen by a significant 63%, dropping to £66,000, while bank borrowings have increased by 54%, reaching £8,200. Trade debtors have seen a dramatic surge of 99%, climbing to £180,000, which could indicate difficulties in collecting payments. Creditors also increased by 36%, reaching £77,000. Despite these pressures, the company’s net assets remained relatively stable, decreasing by just 5% to £240,000. The company meets the criteria to be classified as a small company, with a turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The accounts are unaudited, as is typical for small companies. The company’s directors, Gail and Jonathan Apperley, are listed, but no auditor is mentioned.

Registered in England/Wales under the registration number 05025882, with a registered address at RG6 4UP, England, Reading, Berkshire, Unit 4 City Limits, Danehill.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.