Process Treatments Limited

Process Treatments Ltd, based in Ormskirk, UK, is a small, active family business established 22 years ago. With eight employees and £455,380 in assets, the company operates from a virtual address—a fact highlighted by the presence of 55 other companies registered at the same location. It’s managed by three directors and two owners, and boasts a perfect 5.0 Google rating from a single review. The company regularly imports plastics and plastic products, with its last import activity recorded four months ago.

Process Treatments Ltd specializes in engineering design activities for industrial process and production industries. Its website, though minimal, suggests a focus on industrial solutions. While no e-commerce functionality is apparent, the company’s presence indicates a B2B model, likely providing design and consulting services.

Financially, the company shows some concerning trends. While cash reserves increased by 12% to £99,000, current assets only rose by 15% to £460,000. Net assets grew by a modest 2.5% to £380,000. However, bank borrowings increased by 11% to £160,000, and creditors jumped significantly by 38% to £240,000. Trade debtors also increased by 13% to £220,000. The company meets the criteria for a small business, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. Corporation tax payable increased dramatically, rising 1000000% to £10,000. No auditor is listed, likely due to its small size and exemption from an audit.

Overall, Process Treatments Ltd appears to be holding its own, but the rising debt and increased creditors suggest it's burning through cash. The company’s family ownership and focus on industrial design offer stability, but it will need to manage its finances carefully to ensure long-term success.

Registered in England/Wales under the registration number 04696605, with a registered address at L39 2AY, England, Ormskirk, 4 Hattersley Court.

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