FASTER TRANSACTION PROCESSING LIMITED

Active Reading

Financial intermediation not elsewhere classified

0 employees website.com
Financial intermediation not elsewhere classified
F

FASTER TRANSACTION PROCESSING LIMITED

Financial intermediation not elsewhere classified

Founded 11 Oct 2017 Active Reading, United Kingdom 0 employees website.com
Financial intermediation not elsewhere classified
Accounts Submitted 12 Sept 2025 Next due 30 Sept 2026 3 months remaining
Confirmation Submitted 13 Oct 2025 Next due 24 Oct 2026 4 months remaining
Net assets £148K £0 2024 year on year
Total assets £299K £2K 2024 year on year
Total Liabilities £151K £2K 2024 year on year
Charges 1
1 satisfied

Contact & Details

Contact

Registered Address

Reading Bridge House George Street Reading Berks RG1 8LS United Kingdom

Full company profile for FASTER TRANSACTION PROCESSING LIMITED (11008533), an active company based in Reading, United Kingdom. Incorporated 11 Oct 2017. Financial intermediation not elsewhere classified. 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 Jan → 31 Dec 2024
Type dormant
Next accounts 31 Dec 2025
Due by 30 Sept 2026 3 months remaining

Balance Sheet & P&L (2018–2024)

Cash in Bank

N/A

Net Assets

£147.99k

Total Liabilities

£151.10k

Increased by £2.10k (+1%)

Turnover

N/A

Employees

N/A

Debt Ratio

51%

Increased by 1 (+2%)

Financial History

Revenue, profit, EBITDA and key financial figures

2024
31 Dec Year End
2023
31 Dec 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

Share Capital

Share Capital

Share allotments and capital structure

1 Allotment 149,000 Shares £0 Total
Date FromShare ClassShares AllottedAmount RaisedPrice/Share
31 Dec 2020149,000£0£0

Officers

Officers

1 active 1 resigned
Status
Ault, Michael JohnDirectorBritishUnited Kingdom534 Jan 2018Active

Shareholders

Shareholders (1)

Michael John Ault
100.0%

Persons with Significant Control

Persons with Significant Control (1)

1 Active 3 Ceased

Mypos World Ltd

United Kingdom

Active
Notified 19 Mar 2025
Nature of Control
  • Ownership Of Shares 75 To 100 Percent,voting Rights 75 To 100 Percent,right To Appoint And Remove Directors

Kleyn Ventures Limited

Ceased 1 Aug 2018

Ceased

Michael John Ault

Ceased 19 Mar 2025

Ceased

Sonia Ault

Ceased 31 Dec 2018

Ceased

Group Structure

Group Structure

MYPOS WORLD LTD united kingdom
FASTER TRANSACTION PROCESSING LIMITED Current Company

Charges

Charges

1 satisfied

Properties

Properties

0 total

No related properties

Documents

Company Filings

DateCategoryDescriptionDocument
13 Oct 2025Confirmation StatementConfirmation statement made on 10 Oct 2025 with updates
12 Sept 2025AccountsAnnual accounts made up to 31 Dec 2024
9 Apr 2025ResolutionResolutions
9 Apr 2025IncorporationMemorandum Articles
2 Apr 2025Persons With Significant ControlCessation of Michael John Ault as a person with significant control on 19 Mar 2025
13 Oct 2025 Confirmation Statement

Confirmation statement made on 10 Oct 2025 with updates

12 Sept 2025 Accounts

Annual accounts made up to 31 Dec 2024

9 Apr 2025 Resolution

Resolutions

9 Apr 2025 Incorporation

Memorandum Articles

2 Apr 2025 Persons With Significant Control

Cessation of Michael John Ault as a person with significant control on 19 Mar 2025

Recent Activity

Latest Activity

Confirmation statement made on 10 Oct 2025 with updates

8 months ago on 13 Oct 2025

Annual accounts made up to 31 Dec 2024

9 months ago on 12 Sept 2025

Resolutions

1 years ago on 9 Apr 2025

Memorandum Articles

1 years ago on 9 Apr 2025

Cessation of Michael John Ault as a person with significant control on 19 Mar 2025

1 years ago on 2 Apr 2025