FASTER PROCESSING LIMITED
Company number 11010950 · Active · Reading RG1 8LS
FASTER PROCESSING LIMITED is an active private limited company (company number 11010950) incorporated on 12 October 2017, registered in Reading. Its registered activity is financial intermediation not elsewhere classified (SIC 64999). Latest micro accounts cover the period ending 31 December 2024, showing net assets of £182k, with 3 employees on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets rose 3% on the prior period (£177k).
By net assets it sits in the top quarter of 342 comparable companies in Reading (median £7,990, upper quartile £58k).
Key dates
- Incorporated
- 12 October 2017
- Next accounts due
- 30 September 2026 — 17 days overdue
- Confirmation statement due
- 26 October 2027 — in 374 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
Activity
- SIC 64999
- Financial intermediation not elsewhere classified
- Accounts type
- Micro Entity
- Size band
- Micro (Companies Act thresholds)
Financials — 2 periods on record, latest ending 31 December 2024
| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 31 December 2024 | £182k | — | — | £1.00m | — | — | 3 |
| 31 December 2023 | £177k | — | — | £771k | — | — | — |
- Current ratio
- 0.98 — current liabilities exceed current assets
Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing; micro-entity accounts contain no profit and loss account.
Firmoscan score: 50/100 (grade C)
- +10 Positive net assets — Net assets £182,036 at 2024-12-31
- -8 Current liabilities exceed current assets — Current ratio 0.98
- +8 Established — Incorporated 2017-10-12 (9 years)
- -10 Accounts overdue — Due 2026-09-30
A transparent, rules-based score from filed data only: every point lists its evidence. It is not a credit rating or advice.
Ownership and control
- Faster Transaction Processing Limited (corporate entity, Gb-Eng) — has significant influence or control · since 12 October 2017
- Mrs Sonia Ault — has significant influence or control · since 12 October 2017 · ceased 31 December 2018
- Mr Michael John Ault — has significant influence or control · since 4 January 2018 · ceased 5 June 2024
Persons with significant control hold 25% or more of shares or voting rights. Smaller shareholdings are only listed in confirmation-statement documents.
Similar companies in Reading
Same activity (financial intermediation not elsewhere classified), closest in incorporation date.
- NEXPAY LIMITED — Gerrards Cross, inc. Oct 2017
- FASTER TRANSACTION PROCESSING LIMITED — Reading, inc. Oct 2017
- CORELLIA FINANCIAL SERVICES LIMITED — Wokingham, inc. Sept 2017
- ACCESS FINANCE LIMITED — Aldermaston, inc. Oct 2017
- THAMES VALLEY WEALTH LIMITED — Reading, inc. Nov 2017
- BUSINESS QUALITY CONSULTANCY LIMITED — Slough, inc. Nov 2017
Reminders for FASTER PROCESSING LIMITED
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.