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Progressive Tool Design Limited

05291689

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

UNIT A CEFNDY ROAD EMPLOYMENT PARK, RHYL, LL18 2TT
Incorporated 19/11/2004

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25730
Manufacture of tools

Officers

Mr Darren Foster

secretary · Since 19/11/2004

TOOL DESIGNER AND ENGINEER

BRITISH · UNITED KINGDOM · Age 56

Also on 9 other boards

Mr Darren Foster

director · Since 19/11/2004

TOOL DESIGNER AND ENGINEER

BRITISH · UNITED KINGDOM · Age 56

Also on 9 other boards

Mr Nathan Lewis

director · Since 21/06/2019

DIRECTOR

BRITISH · WALES · Age 45

Also on 1 other board

Persons with Significant Control

Mr Darren Foster

25–50% shares
25–50% votes

British · United Kingdom · Age 56

48 Gwynant, Old Colwyn, Colwyn Bay, LL29 9NJ

Notified 06/04/2016

Mr Nathan Lewis

25–50% shares
25–50% votes

British · Wales · Age 45

Unit A, Cefndy Road Employment Park, Rhyl, LL18 2TT

Notified 12/11/2019

Former PSCs

Mr William Gary Lewis

Ceased 12/11/2019

Charges2 outstanding

charge
outstanding

LLOYDS TSB BANK PLC

Created 01/07/2011Registered 07/07/2011
charge
outstanding

LLOYDS TSB BANK PLC

Created 11/03/2010Registered 23/03/2010

CompanyRankvs 412+ SIC 25730 peers
47

Financial strength76th percentile among SIC peers · 19/25
Employees16th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.79× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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412Progressive Tool Design Limited
53
How is this score calculated?
Financial strength19/25 pts

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

Employees2/15 pts

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

Liquidity6/20 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

£297k

Balance sheet strength

Cash

£234k

Cash in the bank

Net Current Assets

-£105k

Working capital

Current Assets

£403k

Current Liabilities

£508k

Fixed Assets

£715k

Debtors

£169k

0avg. employees

Balance Sheet

Intangible assets£4k
Assets less current liabilities£609k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20250.79-£60k
20240.92-£42k
20231.01-£5k
20221.16-£14k
20211.17+£17k
20201.01-£10k
20190.94—

Derived from filed accounts. Not audited figures.