Practical Progression Limited
05448033
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
31/05/2025
micro entity
Next accounts due
28/02/2027
Confirmation statement
Last: 10/05/2026
Due 24/05/2027
Industry
Officers
secretary · Since 10/05/2005
DIRECTOR
BRITISH · FRANCE · Age 62
Also on 1 other board
director · Since 10/05/2005
DIRECTOR
BRITISH · FRANCE · Age 62
Also on 1 other board
Persons with Significant Control
Stephen Kenneth Houghton
British · France · Age 62
Pech Montegot, 24370, Carlux
Notified 06/04/2016
Bronwen Houghton
British · France · Age 64
Pech Montegot, 24370, Carlux
Notified 06/04/2016
CompanyRankvs 5741+ SIC 78300 peers50
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/05/2025
Net Worth
-£3k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£2k
Working capital
Current Assets
£5k
Current Liabilities
£7k
Fixed Assets
£200
Tax at Year End(2019)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.68 | +£9k |
| 2024 | 0.28 | +£9k |
| 2023 | 0.17 | +£1k |
| 2022 | 0.20 | -£4k |
| 2021 | 0.18 | -£4k |
| 2020 | 0.29 | — |
| 2019 | 0.52 | — |
Derived from filed accounts. Not audited figures.