Processia Solutions Limited in London, WC1V 6EA

Description

Data updated on: 01-11-2023

This Processia Solutions Limited business has been in this business for 23 years, having launched in 2001. Started with registration number 04232899, Processia Solutions is categorised as a Private Limited Company with office in Second Floor, Mid City Place, London WC1V 6EA. The firm now known as Processia Solutions Limited was known under the name Ip3 Technologies until 2010-08-12 then the name was replaced. This enterprise's SIC and NACE codes are 74100, that means specialised design activities. The company's latest annual accounts describe the period up to 2021/12/31 and the most current confirmation statement was submitted on 2023/06/12.

Having 13 recruitment offers since 2014-08-29, the enterprise has been among the most active companies on the employment market. Most recently, it was recruiting candidates in Coventry. They search for employees for such posts as: Delmia Technical Consultant, Plm (Product Lifecycle Management) Solution Architect and Enovia V6 Developer.

There seems to be a group of two directors leading the following business at the moment, specifically Praveen B. and Pendleton V. who have been executing the directors tasks since March 2023. In addition, the managing director's efforts are helped with by a secretary - Delphine S., who was chosen by the following business in 2021.

Previous company's names
Processia Solutions Limited 2010-08-12
Ip3 Technologies Limited 2001-06-12

Financial data based on annual reports

Profit & Loss
Date of Accounts	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	529 587	684 469	751 888	332 455

Balance Sheet
Cash Bank In Hand	23 901	111 041	115 093	14 267
Cash Bank On Hand					33 066	54 825	203 009	461 676	381 357	355 425	243 405	113 594
Current Assets	517 574	597 269	681 307	458 885	232 596	264 193	674 765	1 373 267	1 327 339	1 451 710	1 124 627	1 459 095
Debtors	489 923	486 228	561 039	436 428	198 428	206 368	296 837	831 441	899 210	1 089 395	859 222	1 185 866
Intangible Fixed Assets	365 000	345 000	301 875	258 750
Net Assets Liabilities					171 951	120 126	143 537	765 831	746 829	836 602
Net Assets Liabilities Including Pension Asset Liability	529 587	684 469	751 888	332 455
Other Debtors					40 765	72 926	136 332	156 150	428 489	368 032	267 358	330 288
Property Plant Equipment					13 121	6 737	10 071	14 825	26 760	23 812	24 297	23 826
Stocks Inventory	3 750		5 175	8 190
Tangible Fixed Assets	14 545	20 263	28 197	21 820
Total Inventories					1 102	3 000	174 919	80 150	46 772	6 890	22 000	159 635

Capital & Reserves
Called Up Share Capital	200	200	200	200
Profit Loss Account Reserve	129 487	284 369	351 788	-67 645
Shareholder Funds	529 587	684 469	751 888	332 455

Other Financial Data
Accumulated Amortisation Impairment Intangible Assets					184 375	227 500	270 625	400 000	400 000	400 000	400 000
Accumulated Depreciation Impairment Property Plant Equipment					68 290	74 674	23 476	26 427	31 968	39 166	48 625	57 509
Average Number Employees During Period						11	13	19	25	22	22	25
Bank Borrowings Overdrafts					8 764	39 164
Bank Overdrafts					8 764	39 164
Creditors					286 767	321 957	668 761	619 444	586 640	638 920	287 133	621 524
Creditors Due Within One Year	364 623	274 010	253 852	402 636
Disposals Decrease In Amortisation Impairment Intangible Assets												400 000
Disposals Decrease In Depreciation Impairment Property Plant Equipment							57 137
Disposals Intangible Assets												400 000
Disposals Property Plant Equipment							57 137
Fixed Assets	379 545	365 263	330 072	280 570	228 746	179 237	139 446	14 825	26 760	23 812	24 297	23 826
Future Minimum Lease Payments Under Non-cancellable Operating Leases								15 117	8 140	1 163
Increase From Amortisation Charge For Year Intangible Assets						43 125	43 125	129 375
Increase From Depreciation Charge For Year Property Plant Equipment						6 384	5 939	2 951	5 541	7 198	9 459	8 884
Intangible Assets					215 625	172 500	129 375
Intangible Assets Gross Cost					400 000	400 000	400 000	400 000	400 000	400 000	400 000
Intangible Fixed Assets Aggregate Amortisation Impairment	35 000	55 000	98 125	141 250
Intangible Fixed Assets Amortisation Charged In Period		20 000	43 125
Intangible Fixed Assets Cost Or Valuation	400 000	400 000	400 000
Net Current Assets Liabilities	152 951	323 259	427 455	56 249	-54 171	-57 764	6 004	753 823	740 699	812 790	837 494	837 571
Number Shares Allotted		200	200	200
Other Creditors					204 961	24 925	61 095	204 291	65 026	155 955	90 279	385 991
Other Taxation Social Security Payable					58 377	57 414	107 050	202 624	227 495	286 164	166 868	120 678
Par Value Share		1	1	1
Property Plant Equipment Gross Cost					81 411	81 411	33 547	41 252	58 728	62 978	72 922	81 335
Provisions For Liabilities Balance Sheet Subtotal					2 624	1 347	1 913	2 817	5 084
Provisions For Liabilities Charges	2 909	4 053	5 639	4 364
Share Capital Allotted Called Up Paid	200	200	200	200
Share Premium Account	399 900	399 900	399 900	399 900
Tangible Fixed Assets Additions		13 798	17 283
Tangible Fixed Assets Cost Or Valuation	48 065	61 232	78 515	81 411
Tangible Fixed Assets Depreciation	33 520	40 969	50 318	59 591
Tangible Fixed Assets Depreciation Charged In Period		7 904	9 349
Tangible Fixed Assets Depreciation Decrease Increase On Disposals		455
Tangible Fixed Assets Disposals		631
Total Additions Including From Business Combinations Property Plant Equipment							9 273	7 705	17 476	4 250	9 944	8 413
Total Assets Less Current Liabilities	532 496	688 522	757 527	336 819	174 575	121 473	145 450	768 648	767 459	836 602	861 791	861 397
Trade Creditors Trade Payables					14 665	200 454	500 616	212 529	294 119	196 801	29 986	114 855
Trade Debtors Trade Receivables					157 663	133 442	160 505	675 291	470 721	721 363	591 864	855 578