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Progressive Power Generation Limited

07687795

active
Private Limited Company
england wales
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • 1 outstanding charge (-2)

Details

10 LOWER THAMES STREET, LONDON, EC3R 6AF
Incorporated 29/06/2011

Compliance

Last accounts

30/09/2024

total exemption full

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 19/06/2025

Due 03/07/2026

On track

Industry

35110
Production of electricity

Officers

Thames Street Services Limited

director · Since 17/12/2019

Also on 157 other boards

Ms Saffron Hooper-Kay

director · Since 05/10/2022

DIRECTOR

BRITISH · ENGLAND · Age 35

Also on 115 other boards

Mr Nuno Miguel Palhares Tome

director · Since 05/10/2022

DIRECTOR

PORTUGUESE · ENGLAND · Age 53

Also on 91 other boards

Persons with Significant Control

Downing Commercial Rooftop Limited

75–100% shares
75–100% votes
Appoint directors

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

Charge
outstanding

DOWNING LLP

Created 28/09/2018Registered 28/09/2018
charge
satisfied

DOWNING LLP

Created 23/02/2012Registered 08/03/2012Satisfied 21/02/2018
charge
satisfied

DOWNING LLP

Created 01/12/2011Registered 07/12/2011Satisfied 21/02/2018

CompanyRankvs 19670+ SIC 35110 peers
45

Financial strength7th percentile among SIC peers · 2/25
Employees22th percentile among SIC peers · 3/15
LiquidityCurrent ratio 4.16× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength2/25 pts

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

Employees3/15 pts

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

Liquidity20/20 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 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

0avg. employees

Balance Sheet

Assets less current liabilities£831k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20244.16-£41k
20232.81+£29k
20222.08-£127k
20212.60-£119k
20201.09-£138k
20194.76

Derived from filed accounts. Not audited figures.