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Progress Furnishings Systems Limited

03204013

active
Private Limited Company
england wales
Companies House
Health Score
86 / 100

Healthy

30/30
Filing
20/30
Financial
36/40
Risk
  • 2 outstanding charges (-4)

Details

GROUND FLOOR TAUNTON HOUSE WATERSIDE COURT, ROCHESTER, ME2 4NZ
Incorporated 21/05/1996

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 21/05/2026

Due 04/06/2027

On track

Industry

82990
Other business support service activities

Officers

Mr Josef Benjamin Firestone

secretary · Since 21/05/1996

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 56

Also on 7 other boards

Mr Josef Benjamin Firestone

director · Since 21/05/1996

SECRETARY

BRITISH · ENGLAND · Age 56

Also on 7 other boards

Mr Leonard Martin Firestone

director · Since 21/05/1996

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 80

Also on 9 other boards

Mrs Janet Firestone

director · Since 01/02/2018

NA

BRITISH · UNITED KINGDOM · Age 81

Persons with Significant Control

Mr Josef Benjamin Firestone

75–100% shares

British · England · Age 56

Ground Floor Taunton House, Waterside Court, Rochester, ME2 4NZ

Notified 31/03/2026

Former PSCs

Mr Leonard Martin Firestone

Ceased 31/03/2026

Mr Josef Benjamin Firestone

Ceased 25/10/2018

Mrs Janet Firestone

Ceased 31/03/2026

Charges2 outstanding

charge
outstanding

HSBC BANK PLC

Created 21/12/2000Registered 03/01/2001
charge
outstanding

MIDLAND BANK PLC

Created 31/05/1996Registered 10/06/1996

CompanyRankvs 11506+ SIC 82990 peers
68

Financial strength86th percentile among SIC peers · 22/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.39× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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11506Progress Furnishings Systems Limited
78
How is this score calculated?
Financial strength22/25 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.

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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/12/2025

Net Worth

£131k

Balance sheet strength

Cash

£238k

Cash in the bank

Net Current Assets

£100k

Working capital

Current Assets

£353k

Current Liabilities

£253k

Fixed Assets

£81k

Debtors

£96k

9avg. employees

Balance Sheet

Assets less current liabilities£181k
Signed by Mr Josef Firestone 22nd July 2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.39+£102k
20240.95-£203k
20231.49—

Derived from filed accounts. Not audited figures.