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Progress Enterprises Limited

02143981

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
10/30
Financial
30/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 28 outstanding charges (-10)

Details

1148A STRATFORD ROAD, BIRMINGHAM, B28 8AF
Incorporated 01/07/1987

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Harry Xydhias

director · Since 14/01/1992

COMPANY DIRECTOR

BRITISH · CYPRUS · Age 67

Constantinos Xydhias

secretary · Since 18/09/1996

BRITISH

Also on 1 other board

Mr Lambros Harry Xydhias

director · Since 29/01/2013

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 39

Ms Christalla Anastasiou

director · Since 21/03/2022

COMMERCIAL DIRECTOR

BRITISH · ENGLAND · Age 66

Persons with Significant Control

Mr Harry Xydhias

75–100% shares

British · Cyprus · Age 67

1148a, Stratford Road, Birmingham, B28 8AF

Notified 06/04/2016

Charges28 outstanding

Charge
outstanding

BANK OF CYPRUS UK LIMITED

Created 20/10/2014Registered 22/10/2014
charge
outstanding

BANK OF CYPRUS PUBLIC COMPANY LIMITED

Created 31/01/2012Registered 14/02/2012
charge
outstanding

BANK OF CYPRUS PUBLIC COMPANY LIIMTED

Created 20/01/2009Registered 21/01/2009
charge
outstanding

BANK OF CYPRUS UK

Created 25/07/2008Registered 15/08/2008
charge
outstanding

BANK OF CYPRUS PUBLIC COMPANY LIMITED

Created 09/10/2007Registered 26/10/2007
charge
outstanding

BANK OF CYPRUS PUBLIC LIMITED COMPANY

Created 09/10/2007Registered 25/10/2007
charge
outstanding

BANK OF CYPRUS PUBLIC LIMITED COMPANY

Created 09/10/2007Registered 25/10/2007
charge
outstanding

BANK OF CYPRUS UK

Created 15/03/2005Registered 17/03/2005
charge
outstanding

BANK OF CYPRUS (LONDON) LIMITED

Created 28/08/2001Registered 04/09/2001
charge
outstanding

BANK OF CYPRUS (LONDON) LIMITED

Created 26/04/2001Registered 02/05/2001
charge
outstanding

BANK OF CYPRUS (LONDON) LIMITED

Created 26/04/2001Registered 02/05/2001
charge
outstanding

BANK OF CYPRUS (LONDON) LIMITED

Created 26/04/2001Registered 02/05/2001
charge
outstanding

BANK OF CYPRUS (LONDON) LTD

Created 09/02/1998Registered 11/02/1998
charge
outstanding

BANK OF CYPRUS (LONDON) LIMITED

Created 23/01/1998Registered 06/02/1998
charge
outstanding

BANK OF CYPRUS (LONDON) LIMITED

Created 23/01/1998Registered 06/02/1998
charge
outstanding

BANK OF CYPRUS (LONDON) LIMITED

Created 17/10/1997Registered 06/11/1997
charge
outstanding

BANK OF CYPRUS (LONDON) LIMITED

Created 24/04/1997Registered 15/05/1997
charge
outstanding

BANK OF CYPRUS (LONDON) LIMITED

Created 20/01/1995Registered 07/02/1995
charge
outstanding

BANK OF CYPRUS (LONDON) LIMITED

Created 31/08/1994Registered 06/09/1994
charge
outstanding

BANK OF CYPRUS (LONDON) LIMITED

Created 14/02/1992Registered 22/02/1992
charge
outstanding

BANK OF CYPRUS (LONDON) LIMITED

Created 12/06/1991Registered 19/06/1991
charge
outstanding

BANK OF CYPRUS (LONDON) LTD

Created 19/07/1990Registered 26/07/1990
charge
outstanding

BANK OF CYPRUS (LONDON) LTD.

Created 19/07/1990Registered 26/07/1990
charge
outstanding

BANK OF CYPRUS (LONDON) LIMITED.

Created 18/09/1989Registered 19/09/1989
charge
outstanding

BANK OF CYPRUS (LONDON) LIMITED

Created 18/01/1989Registered 23/01/1989
charge
outstanding

BANK OF CYPRUS (LONDON) LIMITED

Created 18/01/1989Registered 23/01/1989
charge
outstanding

BANK OF CYPRUS (LONDON) LIMITED

Created 26/10/1988Registered 08/11/1988
charge
outstanding

BANK OF CYPRUS (LONDON) LIMITED

Created 10/01/1988Registered 22/01/1988

CompanyRankvs 27407+ SIC 68209 peers
61

Financial strength98th percentile among SIC peers · 25/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.22× · 2/20
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 strength25/25 pts

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

Employees14/15 pts

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

Liquidity2/20 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 30/09/2024

Net Worth

£3.8M

Balance sheet strength

Cash

£69k

Cash in the bank

Net Current Assets

-£733k

Working capital

Current Assets

£212k

Current Liabilities

£945k

Fixed Assets

£6.0M

Debtors

£142k

3avg. employees

Balance Sheet

Bank loans & overdrafts£1.1M
Assets less current liabilities£5.2M
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20240.22+£16k
20230.39+£1.5M
20220.34-£18k
20210.31+£15k
20200.28+£101k
20190.16+£51k
20180.23

Derived from filed accounts. Not audited figures.