Progressive Media Investments Limited
06339167
Some Concerns
- Loss before tax (-10)
- Going concern doubt noted in accounts (-10)
- 2 outstanding charges (-4)
Details
Compliance
Last accounts
31/12/2024
medium
Next accounts due
30/09/2026
Confirmation statement
Last: 05/08/2025
Due 19/08/2026
Industry
Officers
director · Since 19/01/2024
DIRECTOR
BRITISH · ENGLAND · Age 26
Also on 11 other boards
director · Since 19/12/2025
BRITISH · ENGLAND · Age 48
Also on 10 other boards
Persons with Significant Control
Progressive Holdco Limited
Studio 5, Salters House, Hull, HU1 1NQ
Reg: 13874055 · England & Wales · Limited Company
Notified 04/03/2022
Former PSCs
Mr Michael Thomas Danson
Ceased 10/06/2021
Mr Michael Thomas Danson
Ceased 04/03/2022
Charges2 outstanding
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CompanyRankvs 2796+ SIC 58190 peers43
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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.
Risk deductions
Going concern doubt: -10 pts
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co
Key FinancialsYear ending 31/12/2024
Turnover
£2.0M
Annual revenue
Net Worth
£2k
Balance sheet strength
Cash
£56k
Cash in the bank
Profit Before Tax
-£10k
Bottom line earnings
Net Current Assets
-£11.9M
Working capital
Current Assets
£9.2M
Current Liabilities
£21.1M
Fixed Assets
£934k
Debtors
£9.1M
Cost of Sales
£960k
Gross Profit
£1.1M
Admin Expenses
£1.1M
Operating Profit
-£6k
Profit After Tax
-£10k
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.44 | +£0 |
| 2023 | 0.37 | — |
| 2019 | 0.20 | — |
Derived from filed accounts. Not audited figures.