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Progress Adult Living Services Limited

11230013

active
Private Limited Company
england wales
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

PROGRESS HOUSE, WOLVERHAMPTON, WV4 6JG
Incorporated 28/02/2018

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 27/02/2026

Due 13/03/2027

On track

Industry

87900
Other residential care activities

Officers

Mrs Balwinder Kaur Dhanoa

director · Since 28/02/2018

NONE

BRITISH · ENGLAND · Age 64

Also on 3 other boards

Rajinder Singh Dhanoa

director · Since 28/02/2018

NONE

BRITISH · ENGLAND · Age 69

Also on 2 other boards

Persons with Significant Control

Adult Newco Ltd

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

Progress House, 127 Millfields Road, Wolverhampton, WV4 6JG

Reg: 16025250 · Companies House · Private Company Limited By Shares

Notified 15/11/2024

Former PSCs

Pals Holdings Limited

Ceased 30/10/2024

Dhanoa Holdco 2 Limited

Ceased 15/11/2024

Charges1 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 10/05/2018Registered 15/05/2018

CompanyRankvs 2314+ SIC 87900 peers
58

Financial strength97th percentile among SIC peers · 24/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1× · 6/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength24/25 pts

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

Employees15/15 pts

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

Liquidity6/20 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

£1.2M

Balance sheet strength

Cash

£1.0M

Cash in the bank

Net Current Assets

-£4k

Working capital

Current Assets

£2.1M

Current Liabilities

£2.1M

Fixed Assets

£1.3M

Debtors

£1.0M

127avg. employees+7

Tax at Year End

Corp tax£54k

Balance Sheet

Assets less current liabilities£1.3M
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20251.00+£332k
20240.92+£411k
20230.71+£96k
20220.68+£113k
20210.65+£168k
20200.56
20190.45

Derived from filed accounts. Not audited figures.