PROCESSION TECHNOLOGY LTD

SC456311
Active Glasgow

Business and domestic software development

1 employees website.com
Business and domestic software development
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PROCESSION TECHNOLOGY LTD

SC456311

Business and domestic software development

Founded 8 Aug 2013 Active Glasgow, United Kingdom 1 employees website.com
Business and domestic software development
Accounts Submitted 18 May 2026 Next due 31 May 2026 26 days overdue
Confirmation Submitted 31 Aug 2025 Next due 3 Sept 2026 2 months remaining
Net assets £-626 £103 2024 year on year
Total assets £2M £0 2024 year on year
Total Liabilities £2M £103 2024 year on year
Charges None No charges registered

Contact & Details

Contact

Registered Address

62 Clarence Gardens Glasgow G11 7JW

Full company profile for PROCESSION TECHNOLOGY LTD (SC456311), an active company based in Glasgow, United Kingdom. Incorporated 8 Aug 2013. Business and domestic software development. View financials, directors, shareholders, and filings.

Business Summary

This company specializes in providing innovative solutions and services across multiple sectors.

Products & Services

consulting software analytics integration

Reports

Credit Report

In-depth credit score, financial analysis, risk assessment and company intelligence.

Financials

Financials

Period 1 Sept → 31 Aug 2024
Type micro-entity
Next accounts 31 Aug 2025
Due by 31 May 2026 1 month overdue

Net Assets, Total Assets & Total Liabilities (2014–2024)

Cash in Bank

N/A

Net Assets

-£626.00

Decreased by £103.00 (-20%)

Total Liabilities

£2.00M

Increased by £103.00 (+0%)

Turnover

N/A

Employees

1

Debt Ratio

100%

Financial History

Revenue, profit, EBITDA and key financial figures

2024
31 Aug Year End
2023
31 Aug Year End
P&L
Revenue
£142.3M
£128.7M
Gross Profit
£48.2M
£43.1M
Operating Profit
£22.4M
£19.8M
Net Profit
£18.1M
£15.9M
EBITDA
£31.5M
£28.2M
Assets
Cash
£24.7M
£21.3M
Total Assets
£89.4M
£82.1M
Liabilities
Total Liabilities
£45.2M
£41.8M
Key Metrics
Employees
1,247
1,156
Latest Revenue
£142.3M
Latest EBITDA
£31.5M
Cash Position
£24.7M

Funding

Fundraising & Grants

No fundraising or grants recorded

Investors (0)

No investor information available

Officers

Officers

3 active
Status
James David Simpson ChasselsSecretaryUnknownUnknown8 Aug 2013Active
James David Simpson ChasselsDirectorBritishScotland798 Aug 2013Active
Thomson, Christopher NormanDirectorBritishEngland798 Aug 2013Active

Shareholders

Shareholders (8)

James David Simpson Chassels
24.0%
Christopher Norman Thomson
16.0%

Persons with Significant Control

Persons with Significant Control (1)

1 Active

James David Simpson Chassels

British

Active
Notified 8 Aug 2016
Residence Scotland
DOB April 1947
Nature of Control
  • Ownership Of Shares 25 To 50 Percent

Group Structure

Group Structure

No group structure identified

Charges

Charges

No charges registered

Properties

Properties

0 total

No related properties

Documents

Company Filings

DateCategoryDescriptionDocument
18 May 2026AccountsAnnual accounts made up to 31 Aug 2025
31 Aug 2025Confirmation StatementConfirmation statement made on 20 Aug 2025 with no updates
20 May 2025AccountsAnnual accounts made up to 31 Aug 2024
27 Aug 2024Confirmation StatementConfirmation statement made on 20 Aug 2024 with no updates
14 May 2024AccountsAnnual accounts made up to 31 Aug 2023
18 May 2026 Accounts

Annual accounts made up to 31 Aug 2025

31 Aug 2025 Confirmation Statement

Confirmation statement made on 20 Aug 2025 with no updates

20 May 2025 Accounts

Annual accounts made up to 31 Aug 2024

27 Aug 2024 Confirmation Statement

Confirmation statement made on 20 Aug 2024 with no updates

14 May 2024 Accounts

Annual accounts made up to 31 Aug 2023

Recent Activity

Latest Activity

Annual accounts made up to 31 Aug 2025

1 months ago on 18 May 2026

Confirmation statement made on 20 Aug 2025 with no updates

9 months ago on 31 Aug 2025

Annual accounts made up to 31 Aug 2024

1 years ago on 20 May 2025

Confirmation statement made on 20 Aug 2024 with no updates

1 years ago on 27 Aug 2024

Annual accounts made up to 31 Aug 2023

2 years ago on 14 May 2024