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Progressive Energy Limited

03620177

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

38F SWAN HOUSE BONDS MILL, STONEHOUSE, GL10 3RF
Incorporated 21/08/1998

Compliance

Last accounts

30/09/2025

medium

Next accounts due

30/06/2027

On track

Confirmation statement

Last: 19/11/2025

Due 03/12/2026

On track

Industry

20110
Manufacture of industrial gases
35110
Production of electricity
74909
Other professional, scientific and technical activities

Officers

Mr David John Hanstock

secretary · Since 21/08/1998

BUSINESS DEVELOPMENT MANAGER

BRITISH · ENGLAND · Age 69

Also on 21 other boards

Mr John Andrew Gordon Brown

director · Since 21/08/1998

ENGINEER

BRITISH · ENGLAND · Age 75

Also on 4 other boards

Mr David John Hanstock

director · Since 21/08/1998

BUSINESS DEVELOPMENT MANAGER

BRITISH · ENGLAND · Age 69

Also on 21 other boards

Mr. Peter Nigel Whitton

director · Since 21/08/1998

BUSINESS DEVELOPMENT MANAGER

BRITISH · ENGLAND · Age 81

Also on 5 other boards

Dr Christopher David John Manson-Whitton

director · Since 08/07/2011

DIRECTOR

BRITISH · UNITED KINGDOM · Age 52

Also on 1 other board

Mr David John Parkin

director · Since 15/04/2019

CHARTERED ENGINEER

BRITISH · ENGLAND · Age 49

Also on 4 other boards

Persons with Significant Control

Progressive Energy Holdings Limited

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

38f Swan House, Bonds Mill, Stonehouse, GL10 3RF

Reg: 14843419 · Companies House · Limited Company

Notified 27/03/2024

Former PSCs

Mr Peter Nigel Whitton

Ceased 01/09/2021

Mr David John Hanstock

Ceased 21/05/2019

Charges0 outstanding

Charge
satisfied

HSBC UK BANK PLC

Created 08/04/2021Registered 09/04/2021Satisfied 17/06/2025
charge
satisfied

BOND'S MILL ESTATE LIMITED

Created 06/01/2012Registered 13/01/2012Satisfied 07/10/2015
charge
satisfied

BONDS MILL ESTATE LIMITED

Created 14/09/2010Registered 21/09/2010Satisfied 07/10/2015
charge
satisfied

BOND'S MILL ESTATE LIMITED

Created 17/09/2007Registered 03/10/2007Satisfied 07/10/2015
charge
satisfied

BONDS MILL ESTATE LIMITED

Created 12/12/2000Registered 15/12/2000Satisfied 07/10/2015
charge
satisfied

BOND'S MILL ESTATE LIMITED

Created 01/10/1999Registered 19/10/1999Satisfied 07/10/2015

CompanyRankvs 105+ SIC 20110 peers
79

Financial strength97th percentile among SIC peers · 24/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 5.27× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
Show leaderboard
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.

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.

Risk deductions

Going concern doubt: -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 co

Key FinancialsYear ending 30/09/2025

Turnover

£3.1M

Annual revenue

Net Worth

£3.4M

Balance sheet strength

Cash

£168k

Cash in the bank

Profit Before Tax

£2.1M

Bottom line earnings

Net Current Assets

£2.2M

Working capital

Current Assets

£2.7M

Current Liabilities

£518k

Fixed Assets

£1.2M

Debtors

£669k

Cost of Sales

£752k

Gross Profit

£2.3M

Admin Expenses

£4.3M

Operating Profit

£2.0M

Profit After Tax

£1.4M

36avg. employees-1

Tax at Year End

Dividends paid£2.5M

People Costs

Wages & salaries£2.4M
NI contributions£299k

Balance Sheet

Assets less current liabilities£3.4M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20255.27-£1.1M
20243.04+£4.5M
20232.50-£3.3M
20221.72+£211k
20212.25+£2.1M£2.5M
20201.49£2.3M

Derived from filed accounts. Not audited figures.