Progression Finance Limited
09321819
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
31/12/2024
micro entity
Next accounts due
30/09/2026
Confirmation statement
Last: 18/07/2025
Due 01/08/2026
Industry
Officers
director · Since 21/11/2014
DIRECTOR
BRITISH · UNITED KINGDOM · Age 52
Also on 14 other boards
director · Since 08/03/2022
ADMINISTRATOR
BRITISH · ENGLAND · Age 50
Also on 2 other boards
Persons with Significant Control
Mr Daryl Michael Thorpe
British · United Kingdom · Age 52
55, Chislehurst Road, Chislehurst, BR7 5NP
Notified 06/04/2016
CompanyRankvs 14867+ SIC 82990 peers78
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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 31/12/2024
Net Worth
£82k
Balance sheet strength
Cash
£32k
Cash in the bank
Net Current Assets
£79k
Working capital
Current Assets
£146k
Current Liabilities
£67k
Fixed Assets
£3k
Debtors
£114k
Profit After Tax
£22k
Tax at Year End
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 2.18 | +£34k |
| 2023 | 1.25 | -£78k |
| 2022 | 1.55 | -£208k |
| 2021 | 6.02 | +£241k |
| 2020 | 2.17 | +£44k |
| 2019 | 1.51 | +£13k |
| 2018 | 1.65 | — |
Derived from filed accounts. Not audited figures.