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Progressive Engineering (Ashton-U-Lyne) Limited

00857067

active
Private Limited Company
england wales
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

PROGRESSIVE BUSINESS PARK, MANCHESTER, M34 5HT
Incorporated 18/08/1965

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 31/10/2025

Due 14/11/2026

On track

Industry

25290
Manufacture of other tanks, reservoirs and containers of metal

Officers

Mrs Janet Williams

secretary · Since 31/10/1991

BRITISH · ENGLAND · Age 84

Also on 7 other boards

Mrs Janet Williams

director · Since 31/10/1991

DIRECTOR

BRITISH · ENGLAND · Age 84

Also on 7 other boards

Mrs Janet Louise Thorley

director · Since 20/05/2022

COMPANY DIRECTOR

ENGLISH · ENGLAND · Age 54

Also on 1 other board

Mr Paul Anthony Moss

director · Since 12/04/2024

COMPANY DIRECTOR

ENGLISH · ENGLAND · Age 61

Persons with Significant Control

Mrs Janet Williams

25–50% shares

English · England · Age 84

Progressive Business Park, Manchester, M34 5HT

Notified 27/04/2021

Former PSCs

Mr John Clive Williams

Ceased 26/11/2018

Mr Clive Graham Williams

Ceased 26/04/2021

Charges1 outstanding

charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 12/06/2008Registered 13/06/2008
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 02/10/2003Registered 04/10/2003Satisfied 02/11/2006
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 07/12/2001Registered 17/12/2001Satisfied 02/11/2006
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 27/06/1989Registered 14/07/1989Satisfied 02/11/2006
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 28/02/1984Registered 12/03/1984Satisfied 23/02/2001
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 31/01/1984Registered 06/02/1984Satisfied 02/11/2006
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 31/01/1984Registered 06/02/1984Satisfied 02/11/2006
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 31/01/1984Registered 06/02/1984Satisfied 02/11/2006
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 31/01/1984Registered 06/02/1984Satisfied 02/11/2006
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 31/01/1984Registered 06/02/1984Satisfied 02/11/2006
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 31/01/1984Registered 06/02/1984Satisfied 02/11/2006
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 09/08/1983Registered 16/08/1983Satisfied 02/11/2006
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 27/11/1981Registered 07/12/1981Satisfied 02/11/2006

CompanyRankvs 56+ SIC 25290 peers
59

Financial strength68th percentile among SIC peers · 17/25
Employees10th percentile among SIC peers · 2/15
LiquidityCurrent ratio 5.25× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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56Progressive Engineering (Ashton-U-Lyne) Limited
69
How is this score calculated?
Financial strength17/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees2/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/03/2025

Net Worth

£394k

Balance sheet strength

Cash

£63k

Cash in the bank

Net Current Assets

£110k

Working capital

Current Assets

£136k

Current Liabilities

£26k

Fixed Assets

£289k

Debtors

£48k

0avg. employees-4

Tax at Year End

Corp tax£0

Balance Sheet

Assets less current liabilities£400k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20255.25-£2k
20244.09+£9k
20234.75+£7k
20225.44+£3k
20219.38-£6k
20206.07-£9k
20196.81-£63k
20172.35—

Derived from filed accounts. Not audited figures.