Progress Holdings Cs Limited
11121456
Healthy
- Going concern doubt noted in accounts (-10)
- 4 outstanding charges (-8)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 21/12/2017
DIRECTOR
BRITISH · ENGLAND · Age 64
Also on 7 other boards
director · Since 21/12/2017
DIRECTOR
BRITISH · ENGLAND · Age 69
Also on 1 other board
Persons with Significant Control
Dhanoa Holdco 1 Limited
Progress House, 127 Millfields Road, Wolverhampton, WV4 6JG
Reg: 15998235 · Companies House · Private Company Limited By Shares
Notified 30/10/2024
Former PSCs
Mr Rajinder Singh Dhanoa
Ceased 30/10/2024
Mrs Balwinder Kaur Dhanoa
Ceased 30/10/2024
Dhanoa Newco Limited
Ceased 30/10/2024
Charges4 outstanding
NATIONAL WESTMINSTER BANK PLC
NATIONAL WESTMINSTER BANK PLC
NATIONAL WESTMINSTER BANK PLC
NATIONAL WESTMINSTER BANK PLC
CompanyRankvs 1801+ SIC 87900 peers52
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
Outstanding charges: -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 original financial statements were authorised for issue. Our responsibilities and the responsibilities of the directors with respect t
Key FinancialsYear ending 31/03/2025
Turnover
£348k
Annual revenue
Net Worth
£1.4M
Balance sheet strength
Cash
£583k
Cash in the bank
Profit Before Tax
£183k
Bottom line earnings
Net Current Assets
£1.1M
Working capital
Current Assets
£2.6M
Current Liabilities
£1.5M
Fixed Assets
£1.8M
Debtors
£2.0M
Gross Profit
£348k
Admin Expenses
£108k
Profit After Tax
£113k
Tax at Year End
People Costs(2024)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.70 | -£3.8M |
| 2024 | 3.87 | +£4.0M |
| 2023 | 1.96 | -£58k |
| 2022 | 4.65 | +£748k |
| 2021 | 0.67 | +£487k |
| 2020 | — | +£60k |
Derived from filed accounts. Not audited figures.