Processplus Ltd.

Processplus Ltd from Dunfermline UK: small company, holding company, active status, founded 36 years ago, 37 employees, £2,706,279 assets, real address, 3 directors, 2 owners. Regular importer of optical and medical tools and devices (86 months imported). Regular exporter of optical and medical tools and devices (13 months exported). It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The company operates in the other professional, scientific and technical activities n.e.c. industries.

Processplus Ltd is a multidisciplinary process instrumentation engineering company serving industries like pharmaceutical, oil & gas, brewing, and municipal sectors. Based in Dunfermline, Fife, the company provides mechanical, electrical, instrumentation, control, and telemetry solutions. Its website highlights a broad range of services, from design and manufacturing to automation and process control, positioning it as a single-source solution provider. The company doesn't appear to be an e-commerce business; instead, it focuses on providing expert engineering solutions and project management services. The site showcases partnerships with brands like Sigrist, Siemens, and Aquamonitrix, suggesting a focus on high-quality instrumentation and technology.

Financially, Processplus Ltd presents a mixed picture. Current assets increased by a respectable 28%, reaching £2.7 million, while net assets grew by 15%, settling at £720,000. However, bank borrowings decreased by 40%, falling to £15,000, and cash reserves saw a healthy 30% increase, reaching £1.2 million. Creditors, however, rose by 38%, reaching £2.1 million, and trade debtors increased by 26%, reaching £1.4 million. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain agile, but the rise in creditors warrants further investigation. The company is exempt from an audit, so the figures are unaudited.

The company’s growth in assets and cash reserves is encouraging, suggesting successful project delivery and strong client relationships. However, the increase in both creditors and debtors indicates a need to manage working capital more effectively. While the company has a solid foundation and a clear focus on providing expert engineering services, maintaining financial discipline will be crucial for sustained success.

Registered in Scotland under the registration number SC115965, with a registered address at KY12 7SL, Scotland, Dunfermline, Fife, Unit 10 Dickson Street, Elgin Industrial Estate.

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