PROCESSION TECHNOLOGY LTD
Company number SC456311 · Active · Glasgow G11 7JW
PROCESSION TECHNOLOGY LTD is an active private limited company (company number SC456311) incorporated on 8 August 2013, registered in Glasgow. Its registered activity is business and domestic software development (SIC 62012). Latest micro accounts cover the period ending 31 August 2025, showing net assets of £729, with 0 employees on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets rose 16% on the prior period (£626).
By net assets it sits in the lower half of 618 comparable companies in Glasgow (median £1,217, upper quartile £29k).
Key dates
- Incorporated
- 8 August 2013
- Next accounts due
- 31 May 2027 — in 225 days
- Confirmation statement due
- 22 August 2027 — in 308 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
Activity
- SIC 62012
- Business and domestic software development
- Accounts type
- Micro Entity
- Size band
- Micro (Companies Act thresholds)
Financials — 2 periods on record, latest ending 31 August 2025
| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 31 August 2025 | £729 | — | — | £1,030 | — | — | 0 |
| 31 August 2024 | £626 | — | — | £945 | — | — | 0 |
- Current ratio
- 0.29 — 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: 68/100 (grade B)
- +10 Positive net assets — Net assets £729 at 2025-08-31
- +8 Net assets growing — +16.5% vs prior period
- -8 Current liabilities exceed current assets — Current ratio 0.29
- +8 Established — Incorporated 2013-08-08 (13 years)
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
- Mr James David Simpson Chassels — owns 25–50% of shares · since 8 August 2016
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 Glasgow
Same activity (business and domestic software development), closest in incorporation date.
- DRAMATIC SOFTWARE CO LIMITED — Glasgow, inc. Aug 2013
- CORVUSOFT LIMITED — Helensburgh, inc. Aug 2013
- AIRWALK CONSULTING REPLY LTD — Glasgow, inc. Aug 2013
- EVO SOFTWARE SOLUTIONS LTD — Milngavie, inc. Jul 2013
- DAT TECHNOLOGY LIMITED — Paisley, inc. Sept 2013
- TORQUECODE LTD — Biggar, inc. Sept 2013
Reminders for PROCESSION TECHNOLOGY LTD
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.