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Progress Point Ltd

10620902

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)

Details

8 THE MOORINGS, LINCOLN, LN1 2WQ
Incorporated 15/02/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

74909
Other professional, scientific and technical activities
85200
Primary education

Officers

Mr Neal Newnham

director · Since 15/02/2017

DIRECTOR

ENGLISH · ENGLAND · Age 58

Mrs Sally-Anne Newnham

director · Since 15/02/2017

DIRECTOR

ENGLISH · ENGLAND · Age 52

Persons with Significant Control

Mr Neal Newnham

Significant control

English · England · Age 58

The Old Barn, Sturton Road, Hatton, Market Rasen, LN8 5QQ

Notified 15/02/2017

Mrs Sally-Anne Newnham

Significant control

English · England · Age 52

The Old Barn, Sturton Road, Hatton, Market Rasen, LN8 5QQ

Notified 15/02/2017

CompanyRankvs 51364+ SIC 74909 peers
32

Financial strength11th percentile among SIC peers · 3/25
Employees34th percentile among SIC peers · 5/15
LiquidityNo balance sheet data · 0/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
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51364Progress Point Ltd
32
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.

Longevity9/15 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 28/02/2025

Net Worth

-£4k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£480

Working capital

Current Assets

—

Current Liabilities

£480

1avg. employees

Tax at Year End(2023)

Corp tax£1k

Balance Sheet

Assets less current liabilities-£480
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
2025—-£21
2024—-£1k
20232.33—

Derived from filed accounts. Not audited figures.