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Progressive Furniture Ltd

05150326

active
Private Limited Company
Companies House
Health Score
74 / 100

Some Concerns

30/30
Filing
10/30
Financial
34/40
Risk
  • 3 outstanding charges (-6)

Details

TENNYSON HOUSE, CAMBRIDGE, CB4 0WZ
Incorporated 10/06/2004

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47789
Other retail sale of new goods in specialised stores

Officers

Alison Marie Beale

secretary · Since 07/09/2004

BRITISH

Christopher Alan Beale

director · Since 07/09/2004

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 48

Persons with Significant Control

Mr Christopher Alan Beale

50–75% shares
50–75% votes
Appoint directors

British · England · Age 48

4 The Vines, Turnpike Lane, Bury St. Edmunds, IP28 8LF

Notified 06/04/2016

Charges3 outstanding

charge
outstanding

THE SWISS LAUNDRY LIMITED

Created 02/11/2009Registered 13/11/2009
charge
outstanding

THE TRUSTEES OF THE HARTOG HUTTON PENSION SCHEME

Created 06/05/2009Registered 08/05/2009
charge
outstanding

HSBC BANK PLC

Created 06/04/2005Registered 07/04/2005

CompanyRankvs 3161+ SIC 47789 peers
53

Financial strength82th percentile among SIC peers · 21/25
Employees77th percentile among SIC peers · 12/15
LiquidityNo balance sheet data · 0/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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3161Progressive Furniture Ltd
63
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.

Employees12/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity0/20 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 31/07/2025

Net Worth

£130k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£127k

Working capital

Current Assets

£578k

Current Liabilities

—

Fixed Assets

£264k

Debtors

£264k

5avg. employees

Tax at Year End(2024)

Corp tax£90k

Balance Sheet

Bank loans & overdrafts£32k
Assets less current liabilities£138k
Prepared with BrightAccountsProduction v1.0.0

EstimatesDerived

YearCurrent RatioImplied Profit
2025—-£16k
20241.29-£30k
20211.72+£29k
20201.23-£12k
20191.14+£3k
20181.11—

Derived from filed accounts. Not audited figures.