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Progeny Asset Management Limited

09415365

active
ltd
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

1a Tower Square, Leeds, LS1 4DL
Incorporated 30/01/2015

Previously known as

Altor Law Limited · until 13/05/2016

Compliance

Last accounts

31/12/2025

full

Next accounts due

30/09/2027

On track

Confirmation statement

Last: 30/01/2026

Due 13/02/2027

On track

Industry

70221
Financial management

Officers

Mr Thomas Francis Wood

director · Since 29/07/2024

CHIEF EXECUTIVE OFFICER

BRITISH · ENGLAND · Age 54

Also on 14 other boards

Mr Robert Samuel Duncan Mugenyi Ndawula

director · Since 07/05/2025

GROUP CHIEF FINANCIAL OFFICER

BRITISH · ENGLAND · Age 52

Also on 12 other boards

Ms Jessica Anne Brescia

director · Since 09/12/2025

AMERICAN · ENGLAND · Age 46

Also on 1 other board

Mr Paul Jason Roger Nathan

director · Since 01/04/2026

BRITISH · ENGLAND · Age 58

Thomas Francis Wood

director · Since 29/07/2024

British · England · Age 54

Robert Samuel Duncan Mugenyi Ndawula

director · Since 07/05/2025

British · England · Age 52

Jessica Anne Brescia

director · Since 09/12/2025

American · England · Age 46

Paul Jason Roger Nathan

director · Since 01/04/2026

British · England · Age 58

Former

Patrick William Elio Leoni Sceti

director · Resigned 23/02/2016

Jonathan David Moody

director · Resigned 31/01/2019

Michelle Faye Parkin

director · Resigned 27/11/2019

Andrew Nicholas Clarke

director · Resigned 02/03/2021

Samantha Jane Moxham

director · Resigned 14/06/2021

Andrew Clements Anthony Pereira

director · Resigned 31/01/2022

Caroline Michelle Hawkesley

director · Resigned 09/05/2023

Steven Michael Allen

director · Resigned 05/09/2023

Caroline Michelle Hawkesley

director · Resigned 16/11/2023

Neil Anthony Moles

director · Resigned 03/02/2025

Timothy James Gillman

director · Resigned 03/11/2025

Charlotte Emily Thomas

director · Resigned 07/11/2025

Ian Hooper

director · Resigned 17/12/2025

Persons with Significant Control

The Progeny Group Limited

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

1a, Tower Square, Leeds, LS1 4DL

Reg: 9276612 · The Uk Companies House · A Company Limited By Shares

Notified 06/04/2016

Change History

statusactive
2026-08-20

Active

typeltd
2026-08-20

Private Limited Company

address line11a Tower Square
2026-08-20

1A TOWER SQUARE

post townLeeds
2026-08-20

LEEDS

officer appointedBRESCIA, Jessica Anne
2026-08-20
officer appointedNATHAN, Paul Jason Roger
2026-08-20
officer appointedNDAWULA, Robert Samuel Duncan Mugenyi
2026-08-20
officer appointedWOOD, Thomas Francis
2026-08-20

CompanyRankvs 182+ SIC 70221 peers
77

Financial strength98th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.5× · 20/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
Show leaderboard
How is this score calculated?
Financial strength25/25 pts

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

Employees15/15 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

Going concern doubt: -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 concern are d

Key FinancialsYear ending 31/12/2022

Turnover

£3.9M

Annual revenue

Net Worth

£1.4M

Balance sheet strength

Cash

£130k

Cash in the bank

Profit Before Tax

£397k

Bottom line earnings

Net Current Assets

£1.4M

Working capital

Current Assets

£2.3M

Current Liabilities

£939k

Fixed Assets

£6k

Debtors

£2.2M

Gross Profit

£3.9M

Admin Expenses

£3.5M

Operating Profit

£397k

Profit After Tax

£397k

16avg. employees

Director Loans(2021)

Directors owe company£42k

People Costs

Wages & salaries£675k
NI contributions£81k

Balance Sheet

Intangible assets£234
Assets less current liabilities£1.4M
Prepared with Caseware UK (AP4) 2022.0.179

EstimatesDerived

YearCurrent RatioImplied Profit
20222.50+£397k
20212.33

Derived from filed accounts. Not audited figures.