The Independent Progression Pub Company Ltd
11508211
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- 2 outstanding charges (-4)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 09/08/2018
CHEF
ENGLISH · ENGLAND · Age 45
Also on 1 other board
Persons with Significant Control
Mr. Nathan Daniel Phelps
English · England · Age 45
30 Bankside Court, Stationfields, Oxford, OX5 1JE
Notified 09/08/2018
Ms Kerry Leanne Foley
Australian · United Kingdom · Age 55
30 Bankside Court, Stationfields, Oxford, OX5 1JE
Notified 19/08/2019
Former PSCs
Miss Kerry Leanne Foley
Ceased 19/10/2018
Charges2 outstanding
HSBC UK BANK PLC
HSBC UK BANK PLC
CompanyRankvs 26657+ SIC 56101 peers22
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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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/05/2025
Net Worth
-£97k
Balance sheet strength
Cash
£5k
Cash in the bank
Net Current Assets
-£204k
Working capital
Current Assets
£11k
Current Liabilities
£214k
Fixed Assets
£353k
Debtors
£6k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.05 | +£5k |
| 2024 | 0.08 | -£13k |
| 2023 | 0.02 | -£34k |
| 2022 | 0.05 | -£28k |
| 2021 | 0.11 | — |
Derived from filed accounts. Not audited figures.