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Progress Warehouses Limited

10007524

active
Private Limited Company
Companies House
Health Score
84 / 100

Healthy

30/30
Filing
20/30
Financial
34/40
Risk
  • 3 outstanding charges (-6)

Details

SUITE A, LONDON, NW6 3BT
Incorporated 16/02/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68320
Management of real estate on a fee or contract basis

Officers

Mr Edwin Shuker

director · Since 16/02/2016

PROPERTY INVESTOR

BRITISH · ENGLAND · Age 70

Also on 32 other boards

Persons with Significant Control

Andover Properties Limited

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

Suite A, 1-3 Canfield Place, London, NW6 3BT

Reg: 02885144 · England And Wales · Limited Company

Notified 06/04/2016

Charges3 outstanding

Charge
outstanding

LLOYDS BANK PLC

Created 31/07/2019Registered 31/07/2019
Charge
satisfied

LLOYDS BANK PLC

Created 01/04/2019Registered 03/04/2019Satisfied 21/02/2024
Charge
outstanding

LLOYDS BANK PLC

Created 01/04/2019Registered 03/04/2019
Charge
outstanding

LLOYDS BANK PLC

Created 01/04/2019Registered 03/04/2019
Charge
satisfied

METRO BANK PLC

Created 23/06/2017Registered 26/06/2017Satisfied 01/04/2019
Charge
satisfied

METRO BANK PLC

Created 18/05/2016Registered 25/05/2016Satisfied 01/04/2019
Charge
satisfied

METRO BANK PLC

Created 18/05/2016Registered 25/05/2016Satisfied 01/04/2019
Charge
satisfied

METRO BANK PLC

Created 18/05/2016Registered 25/05/2016Satisfied 01/04/2019

CompanyRankvs 15524+ SIC 68320 peers
55

Financial strength99th percentile among SIC peers · 25/25
Employees20th percentile among SIC peers · 3/15
LiquidityCurrent ratio 1.18× · 12/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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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.

Employees3/15 pts

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

Liquidity12/20 pts

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

Longevity10/15 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

£3.0M

Balance sheet strength

Cash

£77k

Cash in the bank

Net Current Assets

£319k

Working capital

Current Assets

£2.1M

Current Liabilities

£1.7M

Debtors

£2.0M

0avg. employees

Balance Sheet

Assets less current liabilities£3.3M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.18+£0
20251.18+£2.3M
20240.13-£117k
20230.07+£208k
20220.03+£193k
20210.02+£97k
20200.00+£154k
20190.01

Derived from filed accounts. Not audited figures.