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Progress Pumps Limited

01952238

active
Private Limited Company
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

75 HENLEY CRESCENT, LE3 2SB
Incorporated 03/10/1985

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

28131
Manufacture of pumps

Officers

Mr Stephen Paul Phillips

director · Since 13/09/2004

PLUMBER

BRITISH · ENGLAND · Age 51

Persons with Significant Control

Mr Stephen Paul Phillips

75–100% shares

British · England · Age 51

75 Henley Crescent, LE3 2SB

Notified 30/06/2016

Charges1 outstanding

charge
outstanding

LLOYDS BANK PLC

Created 03/10/1990Registered 11/10/1990

CompanyRankvs 150+ SIC 28131 peers
58

Financial strength43th percentile among SIC peers · 11/25
Employees70th percentile among SIC peers · 11/15
LiquidityCurrent ratio 1.7× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength11/25 pts

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

Employees11/15 pts

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

Liquidity16/20 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

£28k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£66k

Working capital

Current Assets

£161k

Current Liabilities

£95k

Fixed Assets

£10k

8avg. employees

Balance Sheet

Assets less current liabilities£76k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20251.70-£24k
20241.17-£2k
20231.61+£19k
20221.65-£30k
20211.53+£11k
20201.43+£4k
20191.41-£26k
20171.67

Derived from filed accounts. Not audited figures.