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Progeny Wealth Limited

01408197

active
Private Limited Company
england wales
Companies House
Health Score
83 / 100

Healthy

25/30
Filing
20/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

1A TOWER SQUARE, LEEDS, LS1 4DL
Incorporated 09/01/1979

Compliance

Last accounts

31/12/2025

full

Next accounts due

30/09/2027

On track

Confirmation statement

Last: 20/03/2026

Due 03/04/2027

On track

Industry

66190
Other activities auxiliary to financial services

Officers

Mr John Barry William Francis

director · Since 11/04/2019

DIRECTOR

BRITISH · ENGLAND · Age 45

Also on 6 other boards

Mr Thomas Francis Wood

director · Since 29/07/2024

CHIEF EXECUTIVE OFFICER

BRITISH · ENGLAND · Age 54

Also on 14 other boards

Mr Robert Samuel Duncan Mugenyi Ndawula

director · Since 12/05/2025

GROUP CHIEF FINANCIAL OFFICER

BRITISH · ENGLAND · Age 52

Also on 12 other boards

Ms Jessica Anne Brescia

director · Since 09/12/2025

AMERICAN · ENGLAND · Age 46

Also on 1 other board

Persons with Significant Control

Lawsco Holdings Limited

75–100% shares
75–100% votes
Appoint directors

1a, Tower Square, Leeds, LS1 4DL

Reg: 06504612 · Companies House · Private Company Limited By Shares

Notified 15/08/2017

Former PSCs

Lawsco Limited

Ceased 15/08/2017

Charges1 outstanding

Charge
outstanding

ARES MANAGEMENT LIMITED

Created 14/07/2022Registered 21/07/2022
Charge
satisfied

SANTANDER UK PLC

Created 30/04/2020Registered 13/05/2020Satisfied 05/04/2022
Charge
satisfied

BARCLAYS BANK PLC

Created 29/09/2017Registered 09/10/2017Satisfied 05/08/2020
Charge
satisfied

BARCLAYS BANK PLC

Created 21/08/2015Registered 29/08/2015Satisfied 05/08/2020
charge
satisfied

JOHN DOMINIC SCOFFIELD PAUL DAVID LAWRENCE AND CATHERINE ANN LAWRENCE (TOGETHER THE 'SECURITY H

Created 04/03/2008Registered 13/03/2008Satisfied 02/02/2013
charge
satisfied

THE CO-OPERATIVE BANK PLC

Created 04/03/2008Registered 06/03/2008Satisfied 17/02/2020
charge
satisfied

NATIONWIDE ANGLIA BUILDING SOCIETY

Created 08/05/1989Registered 23/05/1989Satisfied 24/07/1996
charge
satisfied

ANGLIA BUILDING SOCIETY.

Created 11/03/1986Registered 14/03/1986Satisfied 24/07/1996

CompanyRankvs 5810+ SIC 66190 peers
61

Financial strength97th percentile among SIC peers · 24/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.17× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength24/25 pts

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

Employees15/15 pts

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

Liquidity12/20 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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going concern are d

Key FinancialsYear ending 31/12/2021

Turnover

£11.8M

Annual revenue

Net Worth

£1.4M

Balance sheet strength

Cash

£215k

Cash in the bank

Profit Before Tax

£533k

Bottom line earnings

Net Current Assets

£483k

Working capital

Current Assets

£3.4M

Current Liabilities

£2.9M

Fixed Assets

£941k

Debtors

£3.1M

Gross Profit

£11.8M

Admin Expenses

£11.7M

Operating Profit

£550k

Profit After Tax

£533k

146avg. employees+32

Tax at Year End

Corp tax£37k
Dividends paid£208k

People Costs

Wages & salaries£7.1M
NI contributions£850k

Balance Sheet

Intangible assets£722k
Assets less current liabilities£1.4M
Prepared with Sage Accounts Production Advanced 2021 - FRS102_2021

EstimatesDerived

YearCurrent RatioImplied Profit
20211.17+£326k
20201.01+£1.0M
20190.63

Derived from filed accounts. Not audited figures.