Process Vision Ltd

Process Vision Ltd, based in Basingstoke, UK, is a small, active company founded eight years ago in 2016. With nine employees and £1,787,160 in assets, it operates from a real address and is overseen by five directors, though there are no officially registered owners. The company regularly imports electrical machinery and equipment (for three months) and exports optical and medical tools and devices (also for three months).

The company specializes in the manufacture of electronic industrial process control equipment, and also engages in research and experimental development within natural sciences and engineering industries. It’s a small company, meeting two of the three criteria: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees.

Looking at the financial data, the company’s current assets have increased by 63% to £1,800,000, while net assets have grown by 29% to £3,800,000. Bank borrowings have decreased by 20%, suggesting improved financial management. However, accrued liabilities have increased by 9.5%, and the company has seen a 70% increase in cash bank on hand. There's been a significant decrease in recoverable value tax, and a 94% increase in tax policy.

The company’s share payments have decreased, and there’s been a 71% decrease in share capital. The company’s financial statements are unaudited, and it’s likely exempt from an audit due to its small size. The company’s focus on specialized equipment and its dual roles as both an importer and exporter suggest a niche market strategy. It's interesting to note that the company’s financial data shows a mixed bag of positive and negative trends, and it’s unclear whether these trends are sustainable in the long term.

Registered in England/Wales under the registration number 10223848, with a registered address at RG24 8WA, England, Basingstoke, Hampshire, 5 Beechwood Lime Tree Way, Chineham Park.

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