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Progon I.T. Limited

03365646

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

177 EXPRESS DRIVE, ESSEX, IG3 9RD
Incorporated 06/05/1997

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development
62020
Information technology consultancy activities

Officers

Maria Deisy Kubler

secretary · Since 11/06/1997

BRITISH · Age 63

Also on 2 other boards

Mr Olusola Adetokunbo Ogunde

director · Since 11/06/1997

CONSULTANT

BRITISH · ENGLAND · Age 63

Also on 1 other board

Persons with Significant Control

Mr Olusola Adetokunbo Ogunde

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

British · United Kingdom · Age 63

177 Express Drive, Essex, IG3 9RD

Notified 06/04/2016

CompanyRankvs 4401+ SIC 62012 peers
77

Financial strength83th percentile among SIC peers · 21/25
Employees43th percentile among SIC peers · 6/15
LiquidityCurrent ratio 26.19× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength21/25 pts

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

Employees6/15 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.

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

£62k

Balance sheet strength

Cash

£64k

Cash in the bank

Net Current Assets

£62k

Working capital

Current Assets

£65k

Current Liabilities

£2k

Debtors

£169

1avg. employees

Balance Sheet

Assets less current liabilities£62k
Signed by Mr Olusola Ogunde 26/02/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
202426.19-£30k
20236.18-£8k
20227.11+£31k
20214.21+£21k
20203.93+£26k
20195.94+£3k
20185.45

Derived from filed accounts. Not audited figures.