Progressive Power Generation Limited
07687795
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
30/09/2024
total exemption full
Next accounts due
30/06/2026
Confirmation statement
Last: 19/06/2025
Due 03/07/2026
Industry
Officers
director · Since 05/10/2022
DIRECTOR
BRITISH · ENGLAND · Age 35
Also on 115 other boards
director · Since 05/10/2022
DIRECTOR
PORTUGUESE · ENGLAND · Age 53
Also on 91 other boards
Persons with Significant Control
Downing Commercial Rooftop Limited
10, Lower Thames Street, London, EC3R 6AF
Reg: 13753912 · Register Of Companies · Private Limited Company
Notified 31/03/2023
Former PSCs
Wind & Solar Systems Limited
Ceased 01/09/2017
Downing Four Vct Plc
Ceased 13/02/2018
Kagu Solar Limited
Ceased 13/02/2018
Populo Energy Limited
Ceased 28/09/2018
Bagnall Energy Limited
Ceased 31/03/2023
Charges1 outstanding
DOWNING LLP
DOWNING LLP
DOWNING LLP
CompanyRankvs 19670+ SIC 35110 peers45
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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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 30/09/2024
Net Worth
-£264k
Balance sheet strength
Cash
£77k
Cash in the bank
Net Current Assets
£427k
Working capital
Current Assets
£562k
Current Liabilities
£135k
Fixed Assets
£404k
Debtors
£485k
Profit After Tax
-£41k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 4.16 | -£41k |
| 2023 | 2.81 | +£29k |
| 2022 | 2.08 | -£127k |
| 2021 | 2.60 | -£119k |
| 2020 | 1.09 | -£138k |
| 2019 | 4.76 | — |
Derived from filed accounts. Not audited figures.