FASTER PROCESSING LIMITED

Active Reading

Financial intermediation not elsewhere classified

3 employees website.com
Financial services Financial intermediation not elsewhere classified
F

FASTER PROCESSING LIMITED

Financial intermediation not elsewhere classified

Founded 12 Oct 2017 Active Reading, United Kingdom 3 employees website.com
Financial services Financial intermediation not elsewhere classified
Accounts Submitted 16 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 £182K £5K 2024 year on year
Total assets £1M £238K 2024 year on year
Total Liabilities £1M £233K 2024 year on year
Charges None No charges registered

Contact & Details

Contact

Registered Address

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

Telephone

0800 000 0000

Website

www.example.com

Full company profile for FASTER PROCESSING LIMITED (11010950), an active financial services company based in Reading, United Kingdom. Incorporated 12 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 micro-entity
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

£182.04k

Increased by £5.19k (+3%)

Total Liabilities

£1.00M

Increased by £233.14k (+30%)

Turnover

N/A

Employees

3

Decreased by 1 (-25%)

Debt Ratio

85%

Increased by 4 (+5%)

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 2 resigned
Status
Ault, Michael JohnDirectorBritishUnited Kingdom534 Jan 2018Active

Shareholders

Shareholders (1)

Faster Transaction Processing Limited
100.0%

Persons with Significant Control

Persons with Significant Control (2)

2 Active 1 Ceased

Michael John Ault

British

Active
Notified 4 Jan 2018
Residence England
DOB February 1973
Nature of Control
  • Significant Influence Or Control
Notified 12 Oct 2017
Nature of Control
  • Significant Influence Or Control

Sonia Ault

Ceased 31 Dec 2018

Ceased

Group Structure

Group Structure

FASTER PROCESSING LIMITED Current Company

Charges

Charges

No charges registered

Properties

Properties

0 total

No related properties

Documents

Company Filings

DateCategoryDescriptionDocument
13 Oct 2025Confirmation StatementConfirmation statement made on 10 Oct 2025 with updates
16 Sept 2025AccountsAnnual accounts made up to 31 Dec 2024
16 Jan 2025OfficersTermination of Laura Louise Astle as director on 16 Jan 2025
16 Jan 2025OfficersTermination of Helena Kennedy as director on 16 Jan 2025
16 Jan 2025OfficersTermination of Jaime Estelle Lowe as director on 16 Jan 2025
13 Oct 2025 Confirmation Statement

Confirmation statement made on 10 Oct 2025 with updates

16 Sept 2025 Accounts

Annual accounts made up to 31 Dec 2024

16 Jan 2025 Officers

Termination of Laura Louise Astle as director on 16 Jan 2025

16 Jan 2025 Officers

Termination of Helena Kennedy as director on 16 Jan 2025

16 Jan 2025 Officers

Termination of Jaime Estelle Lowe as director on 16 Jan 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

8 months ago on 16 Sept 2025

Termination of Laura Louise Astle as director on 16 Jan 2025

1 years ago on 16 Jan 2025

Termination of Helena Kennedy as director on 16 Jan 2025

1 years ago on 16 Jan 2025

Termination of Jaime Estelle Lowe as director on 16 Jan 2025

1 years ago on 16 Jan 2025