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Progress Children'S Services Limited

04014026

active
Private Limited Company
england wales
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

PROGRESS HOUSE, WOLVERHAMPTON, WV4 6JG
Incorporated 08/06/2000

Compliance

Last accounts

31/03/2025

small

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 29/08/2025

Due 12/09/2026

On track

Industry

87900
Other residential care activities

Officers

Mr Rajinder Singh Dhanoa

secretary · Since 08/06/2000

BRITISH · ENGLAND · Age 69

Also on 4 other boards

Mrs Balwinder Kaur Dhanoa

director · Since 08/06/2000

DIRECTOR

BRITISH · ENGLAND · Age 64

Also on 3 other boards

Mr Rajinder Singh Dhanoa

director · Since 03/10/2000

DIRECTOR

BRITISH · ENGLAND · Age 69

Also on 4 other boards

Persons with Significant Control

Children Newco Ltd

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

Progress House, 127 Millfields Road, Wolverhampton, WV4 6JG

Reg: 16025249 · Companies House · Private Company Limited By Shares

Notified 15/11/2024

Former PSCs

Rajinder Singh Dhanoa

Ceased 20/08/2019

Mrs Balwinder Kaur Dhanoa

Ceased 20/08/2019

Progress Holdings Cs Limited

Ceased 30/10/2024

Dhanoa Holdco 1 Limited

Ceased 15/11/2024

Charges1 outstanding

charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 01/08/2006Registered 03/08/2006
charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF IRELAND

Created 26/09/2001Registered 29/09/2001Satisfied 01/11/2006
charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF IRELAND

Created 25/05/2001Registered 01/06/2001Satisfied 11/08/2007

CompanyRankvs 15+ SIC 87900 peers
80

Financial strength99th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 6.08× · 20/20
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.

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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/03/2025

Net Worth

£5.8M

Balance sheet strength

Cash

£867k

Cash in the bank

Net Current Assets

£4.9M

Working capital

Current Assets

£5.9M

Current Liabilities

£970k

Fixed Assets

£949k

Debtors

£5.0M

148avg. employees+11

Tax at Year End

Corp tax£407k

Balance Sheet

Assets less current liabilities£5.9M
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20256.08+£1.9M
20244.83+£613k
20234.19+£287k
20227.45-£632k
20219.40+£276k
202018.88+£633k
20199.35

Derived from filed accounts. Not audited figures.