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Progress Mcr Ltd

11227794

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
10/30
Financial
30/40
Risk
  • Current liabilities exceed current assets (-10)
  • 20 outstanding charges (-10)

Details

31 KING STREET WEST, MANCHESTER, M3 2PJ
Incorporated 27/02/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate

Officers

Mr Guy Alexander James Horne

director · Since 27/02/2018

DIRECTOR

BRITISH · ENGLAND · Age 35

Also on 11 other boards

Mr David Asher Searle

director · Since 27/02/2018

DIRECTOR

BRITISH · UNITED KINGDOM · Age 34

Also on 13 other boards

Mr Servak Singh

director · Since 27/02/2018

DIRECTOR

BRITISH · ENGLAND · Age 35

Also on 4 other boards

Persons with Significant Control

Mr Servak Singh

25–50% shares

British · England · Age 35

31, King Street West, Manchester, M3 2PJ

Notified 15/03/2019

Charges20 outstanding

Charge
outstanding

ALLICA BANK LIMITED

Created 13/09/2024Registered 17/09/2024
Charge
outstanding

ALLICA BANK LIMITED

Created 13/09/2024Registered 17/09/2024
Charge
outstanding

TOGETHER COMMERCIAL FINANCE LIMITED

Created 12/05/2023Registered 15/05/2023
Charge
outstanding

TOGETHER COMMERCIAL FINANCE LIMITED

Created 12/05/2023Registered 15/05/2023
Charge
satisfied

DAVID FELDMANN

Created 05/09/2022Registered 07/09/2022Satisfied 19/08/2024
Charge
outstanding

TOGETHER COMMERCIAL FINANCE LIMITED

Created 18/07/2022Registered 21/07/2022
Charge
outstanding

TOGETHER COMMERCIAL FINANCE LIMITED

Created 18/07/2022Registered 21/07/2022
Charge
outstanding

TOGETHER COMMERCIAL FINANCE LIMITED

Created 18/07/2022Registered 21/07/2022
Charge
outstanding

TOGETHER COMMERCIAL FINANCE LIMITED

Created 18/07/2022Registered 21/07/2022
Charge
outstanding

TOGETHER COMMERCIAL FINANCE LIMITED

Created 18/07/2022Registered 21/07/2022
Charge
outstanding

TOGETHER COMMERCIAL FINANCE LIMITED

Created 18/07/2022Registered 21/07/2022
Charge
outstanding

TOGETHER COMMERCIAL FINANCE LIMITED

Created 18/07/2022Registered 21/07/2022
Charge
outstanding

TOGETHER COMMERCIAL FINANCE LIMITED

Created 18/07/2022Registered 21/07/2022
Charge
satisfied

SHARON ANDREA FELDMANN AS TRUSTEE FOR DANIEL JACOB FELDMANN

Created 12/05/2022Registered 16/05/2022Satisfied 17/07/2024
Charge
satisfied

DAVID FELDMANN

Created 12/05/2022Registered 16/05/2022Satisfied 17/07/2024
Charge
satisfied

MS LENDING GROUP LIMITED

Created 09/11/2021Registered 12/11/2021Satisfied 17/07/2024
Charge
satisfied

MS LENDING GROUP LIMITED

Created 09/11/2021Registered 12/11/2021Satisfied 17/07/2024
Charge
satisfied

DAVID FELDMANN

Created 03/09/2021Registered 06/09/2021Satisfied 17/07/2024
Charge
satisfied

MS LENDING GROUP LIMITED

Created 13/07/2021Registered 21/07/2021Satisfied 19/08/2024
Charge
satisfied

MS LENDING GROUP LIMITED

Created 13/07/2021Registered 19/07/2021Satisfied 17/07/2024
Charge
satisfied

MS LENDING GROUP LIMITED

Created 13/07/2021Registered 16/07/2021Satisfied 17/07/2024
Charge
outstanding

TOGETHER COMMERCIAL FINANCE LIMITED

Created 09/04/2021Registered 13/04/2021
Charge
outstanding

TOGETHER COMMERCIAL FINANCE LIMITED

Created 09/04/2021Registered 13/04/2021
Charge
satisfied

TOGETHER COMMERCIAL FINANCE LIMITED

Created 04/12/2020Registered 08/12/2020Satisfied 02/07/2021
Charge
outstanding

TOGETHER COMMERCIAL FINANCE LIMITED

Created 20/01/2020Registered 03/02/2020
Charge
outstanding

TOGETHER COMMERCIAL FINANCE LIMITED

Created 20/01/2020Registered 03/02/2020
Charge
outstanding

TOGETHER COMMERCIAL FINANCE LIMITED

Created 23/09/2019Registered 25/09/2019
Charge
outstanding

TOGETHER COMMERCIAL FINANCE LIMITED

Created 23/09/2019Registered 25/09/2019
Charge
outstanding

TOGETHER COMMERCIAL FINANCE LIMITED

Created 31/05/2018Registered 12/06/2018
Charge
outstanding

TOGETHER COMMERCIAL FINANCE LIMITED

Created 31/05/2018Registered 12/06/2018

CompanyRankvs 27263+ SIC 68100 peers
52

Financial strength92th percentile among SIC peers · 23/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.32× · 2/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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27263Progress Mcr Ltd
62
How is this score calculated?
Financial strength23/25 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.

Liquidity2/20 pts

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

Longevity8/15 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

£413k

Balance sheet strength

Cash

£14k

Cash in the bank

Net Current Assets

-£545k

Working capital

Current Assets

£251k

Current Liabilities

£796k

Fixed Assets

£2.9M

Debtors

£237k

3avg. employees

Balance Sheet

Assets less current liabilities£2.3M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.32+£193k
20240.27-£130k
20230.53-£114k
20220.60+£227k
20210.10+£121k
20200.02-£21k
20190.01—

Derived from filed accounts. Not audited figures.