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Progress Land (Wadebridge) Limited

09869210

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

FIRST FLOOR BLACKBROOK GATE 1, TAUNTON, TA1 2PX
Incorporated 12/11/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate

Officers

Mr Graham Raymond Fincham

director · Since 12/11/2015

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 57

Also on 18 other boards

Michael Buxton

director · Since 30/07/2018

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 60

Also on 9 other boards

Mr David James Watkin

director · Since 22/10/2024

IT CONSULTANT

BRITISH · UNITED KINGDOM · Age 58

Also on 3 other boards

Persons with Significant Control

Mr Graham Raymond Fincham

25–50% shares
25–50% votes

British · United Kingdom · Age 57

Ground Floor, Blackbrook Gate 1, Taunton, TA1 2PX

Notified 16/07/2018

Mr David James Watkin

25–50% shares
25–50% votes

British · United Kingdom · Age 58

Ground Floor, Blackbrook Gate 1, Taunton, TA1 2PX

Notified 22/10/2024

Former PSCs

Progress Land Limited

Ceased 16/07/2018

Michael Buxton

Ceased 13/09/2022

Mr Geoffrey Paul Turbott

Ceased 22/10/2024

CompanyRankvs 84590+ SIC 68100 peers
44

Financial strength14th percentile among SIC peers · 4/25
Employees95th percentile among SIC peers · 14/15
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 strength4/25 pts

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

Employees14/15 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 31/10/2024

Net Worth

-£14k

Balance sheet strength

Cash

£871

Cash in the bank

Net Current Assets

Working capital

Current Assets

Current Liabilities

£168k

Debtors

£185k

3avg. employees
Prepared with Silverfin

EstimatesDerived

YearCurrent RatioImplied Profit
2024-£3k
2023-£3k
2022-£3k
202117.92-£2k
202025.84
20190.31

Derived from filed accounts. Not audited figures.