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Secured Lending Limited

09033656

active
Private Limited Company
england wales
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

C/O EXTERNAL SERVICES LIMITED, 20 CENTRAL AVENUE, NORWICH, NR7 0HR
Incorporated 12/05/2014

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 12/05/2026

Due 26/05/2027

On track

Industry

35110
Production of electricity

Officers

Mr Michael John Hughes

director · Since 04/03/2019

DIRECTOR

BRITISH · ENGLAND · Age 51

Also on 82 other boards

Mr Richard Edward Sloper

director · Since 18/06/2024

CHARTERED ACCOUNTANT

BRITISH · ENGLAND · Age 50

Also on 6 other boards

Persons with Significant Control

Former PSCs

Mr Andrew Jonathan Charles Newman

Ceased 29/03/2019

Dr Stephen William Mahon

Ceased 29/03/2019

Mr Robin Francis Chamberlayne

Ceased 29/03/2019

Charges1 outstanding

Charge
outstanding

PROGRESSIVE (ARMSTRONG) LIMITED

Created 19/02/2015Registered 04/03/2015

CompanyRankvs 5720+ SIC 35110 peers
63

Financial strength93th percentile among SIC peers · 23/25
Employees22th percentile among SIC peers · 3/15
LiquidityCurrent ratio 2.54× · 20/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength23/25 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.

Longevity12/15 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

£1.5M

Balance sheet strength

Cash

£54k

Cash in the bank

Net Current Assets

£1.5M

Working capital

Current Assets

£2.5M

Current Liabilities

£999k

Debtors

£2.5M

0avg. employees

Balance Sheet

Assets less current liabilities£1.5M

EstimatesDerived

YearCurrent RatioImplied Profit
20252.54-£255k
20242.53+£1.7M
20191.05
20181.00

Derived from filed accounts. Not audited figures.