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Progen International Limited

03861017

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

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

Details

UNIT 2A HUNCOAT IND ESTATE, HUNCOAT, BB5 6NT
Incorporated 18/10/1999

Compliance

Last accounts

31/10/2024

total exemption full

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 18/10/2025

Due 01/11/2026

On track

Industry

10840
Manufacture of condiments and seasonings

Officers

Ismail Yusuf Munshi

secretary · Since 05/03/2005

British

Khalid Yusuf Munshi

director · Since 05/03/2005

British

Former

Enayat Ally

secretary · Resigned 02/05/2002

Ismail Yusuf Munshi

secretary · Resigned 01/05/2002

Zohra Khalid Munshi

secretary · Resigned 23/11/1999

Philip Charles Vibrans

nominee secretary · Resigned 18/10/1999

Khalid Yusuf Munshi

secretary · Resigned 05/03/2005

Enayat Ally

director · Resigned 02/05/2002

Ismail Yusuf Munshi

director · Resigned 05/03/2005

Khalid Yusuf Munshi

director · Resigned 31/03/2001

Khalid Yusuf Munshi

director · Resigned 23/11/1999

Davenport Credit Limited

corporate nominee director · Resigned 18/10/1999

CompanyRankvs 105+ SIC 10840 peers
89

Financial strength98th percentile among SIC peers · 25/25
Employees91th percentile among SIC peers · 14/15
LiquidityCurrent ratio 3.41× · 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 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.

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 31/10/2024

Net Worth

£2.1M

Balance sheet strength

Cash

£820k

Cash in the bank

Net Current Assets

£1.0M

Working capital

Current Assets

£1.5M

Current Liabilities

£433k

Fixed Assets

£1.3M

Debtors

£614k

9avg. employees

Balance Sheet

Assets less current liabilities£2.3M
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent Ratio
20243.41

Derived from filed accounts. Not audited figures.