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Cash

£3.4m

+83.3% highest in 4 filed years

Net assets

£6.5m

+8.7% vs 2024

Employees

23

-4.2% vs 2024

Profit before tax

£901k

+139.6% highest in 4 filed years

Watchouts

Facts from the Companies House register and the latest accounts — not a rating

Accounts

4-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31

Metric Trend 2022-12-312023-12-312024-12-312025-12-31 Δ vs prior
Turnover £6,696,000£7,334,000£7,512,000£8,068,000 +7.4%
Operating profit £234,000£478,000£201,000£710,000 +253.2%
Profit before tax £263,000£657,000£376,000£901,000 +139.6%
Net profit £190,000£454,000£354,000£660,000 +86.4%
Cash £3,355,000£2,450,000£1,847,000£3,385,000 +83.3%
Total assets less current liabilities £6,634,000£6,842,000£6,014,000£6,535,000 +8.7%
Net assets £6,842,000£6,013,000£6,534,000 +8.7%
Equity £6,345,000£6,842,000£6,013,000£6,534,000 +8.7%
Average employees 22222423 -4.2%
Wages £1,157,000£1,204,000£1,280,000£1,423,000 +11.2%
Directors' remuneration £207,000£107,551£118,710£135,800 +14.4%

Values shown as filed in the company's annual accounts. indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show . About these numbers

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio Trend 2022-12-312023-12-312024-12-312025-12-31
Operating margin 3.5%6.5%2.7%8.8%
Net margin 2.8%6.2%4.7%8.2%
Return on capital employed 3.5%7.0%3.3%10.9%
Gearing (liabilities / total assets) 27.8%27.4%
Current ratio 3.56x3.61x

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Name history

Renamed 3 times since incorporation

  1. DE DIETRICH PROCESS SYSTEMS LIMITED 2009-04-28 → present
  2. QVF PROCESS SYSTEMS LIMITED 1993-10-18 → 2009-04-28
  3. QVF SYSTEMS PROCESS LIMITED 1993-10-07 → 1993-10-18
  4. FORAY 574 LIMITED 1993-07-21 → 1993-10-07

Audit & accounting basis

Accounting basis
FRS 102
Reporting scope
Standalone (parent only)
Auditor
Constantin
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The Company made a profit of £660k (2024 - £354k) for the year ended and the Company's total assets exceeded current liabilities by £6,534k (2024 - £6,013k). The forecasts for 2026 estimates that sales will be £8,685k with post-tax profits of £629k. Therefore, the directors believe it is appropriate to prepare the financial statements on the going concern basis.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

People

4 active · 18 resigned

Name Role Appointed Born Nationality
BUFFERY, Harry Martin Secretary 2022-10-01
BUFFERY, Harry Martin Director 2022-10-01 Oct 1988 British
GUICHARD, Frederic Director 2025-06-20 Aug 1973 French
PAILLAT, Stephane Rene Auguste Director 2020-03-01 May 1973 French
Show 18 resigned officers
Name Role Appointed Resigned
BOWEN, Michael Christopher Secretary 2008-08-01 2021-04-15
CARTER, Raymond Ernest Secretary 2021-04-15 2022-09-30
GRIMOLDBY, Stephen Secretary 2006-04-03 2007-07-31
HAGYARD, Martin Peter Secretary 2001-01-05 2006-03-31
JONES, John Neville Secretary 1993-10-20 2001-01-05
NEUMANN, Jean-Darc Secretary 2007-08-06 2008-08-01
BURG, Frederic Raymond Pascal Director 2020-03-01 2025-06-20
CARTER, Raymond Ernest Director 2016-11-01 2022-09-30
DE JONG, Remco Director 2015-07-08 2018-08-03
DOELL, Donald Director 2009-01-15 2016-11-10
EVANS, Albert David Director 2000-10-03 2002-08-31
HAGAN, Peter Cullen Director 1993-10-20 2001-08-24
JONES, John Neville Director 1993-10-20 2001-01-05
KORBACH, Joachim, Doctor Director 2003-03-01 2017-10-27
MCELVANEY, Peter Director 2007-07-23 2020-03-31
PILHOFER, Theo Walter, Dr-Ing Director 2000-10-03 2003-02-28
STECK, Daniel, Dr-Ing Director 2000-10-03 2015-07-08
TATTERSALL, Adrian David Director 2001-09-03 2007-06-30

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
De Dietrich Process Systems Gmbh Corporate entity Shares 75–100% 2016-07-21 Active

Filing timeline

Last 20 of 147 total filings

Date Type Category Description
2026-07-27 AA accounts Accounts with accounts type full
2025-09-26 AA accounts Accounts with accounts type medium PDF
2025-09-25 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-07-09 AP01 officers Appoint person director company with name date PDF
2025-07-09 TM01 officers Termination director company with name termination date PDF
2024-09-17 AA accounts Accounts with accounts type full PDF
2024-08-16 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-03-18 AD01 address Change registered office address company with date old address new address PDF
2023-08-04 AA accounts Accounts with accounts type small
2023-07-21 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-10-21 AP03 officers Appoint person secretary company with name date PDF
2022-10-21 AP01 officers Appoint person director company with name date PDF
2022-09-30 TM01 officers Termination director company with name termination date PDF
2022-09-30 TM02 officers Termination secretary company with name termination date PDF
2022-07-25 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-04-07 AA accounts Accounts with accounts type full
2021-07-22 CS01 confirmation-statement Confirmation statement with no updates PDF
2021-05-27 AA accounts Accounts with accounts type full
2021-04-16 AP03 officers Appoint person secretary company with name date PDF
2021-04-16 TM02 officers Termination secretary company with name termination date PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
3

last 12 months

Capital events
0

last 24 months

Officers appointed
0

last 12 months

Officers resigned
0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

Official Companies House page