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Progress Medical Ltd

09789273

active
Private Limited Company
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)

Details

20 HADEN ROAD, CRADLEY HEATH, B64 6ER
Incorporated 22/09/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

86210
General medical practice activities

Officers

Mr Mohamed Tubakar

director · Since 01/01/2020

ANP

SIERRA LEONEAN · ENGLAND · Age 51

Also on 2 other boards

Persons with Significant Control

Mr Mohamed Tubakar

Significant control
significant-influence-or-control-as-trust
significant-influence-or-control-as-firm

Sierra Leonean · England · Age 51

20, Haden Road, Cradley Heath, B64 6ER

Notified 01/01/2020

Former PSCs

Mr Mohamed Tubakar

Ceased 01/01/2018

CompanyRankvs 17468+ SIC 86210 peers
34

Financial strength10th percentile among SIC peers · 3/25
Employees34th percentile among SIC peers · 5/15
LiquidityNo balance sheet data · 0/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength3/25 pts

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

Employees5/15 pts

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

Liquidity0/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity11/15 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.

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

£1

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

Working capital

Current Assets

Current Liabilities

1avg. employees

Balance Sheet

Assets less current liabilities£1
Prepared with Companies House

EstimatesDerived

YearCurrent Ratio
2023Infinity
2022Infinity
2021Infinity

Derived from filed accounts. Not audited figures.