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Progression Property Ltd

11516910

active
Private Limited Company
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

PROSPECT HOUSE MILLENNIUM WAY, DERBY, DE24 8HG
Incorporated 14/08/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

55900
Other accommodation

Officers

Mr Paul Martin Foster

secretary · Since 17/05/2023

Also on 5 other boards

Mr Paul Martin Foster

director · Since 17/05/2023

COMPANY DIRECTOR

ENGLISH · ENGLAND · Age 68

Also on 5 other boards

Mr Duncan James Neil Foster

director · Since 22/10/2025

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 38

Also on 3 other boards

Persons with Significant Control

Blue Sky Care Group Ltd

75–100% shares

Prospect House, Millennium Way, Derby, DE24 8HG

Reg: 10302358 · Companies House · Limited Company

Notified 17/05/2023

Former PSCs

Mr Richard Leslie Miller

Ceased 17/05/2023

Charges1 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 20/11/2025Registered 21/11/2025
Charge
satisfied

CLYDESDALE BANK PLC (TRADING AS BOTH CLYDESDALE BANK AND YORKSHIRE BANK)

Created 29/11/2018Registered 07/12/2018Satisfied 06/05/2026
Charge
satisfied

CLYDESDALE BANK PLC (TRADING AS BOTH CLYDESDALE BANK AND YORKSHIRE BANK)

Created 29/11/2018Registered 07/12/2018Satisfied 06/05/2026

CompanyRankvs 6106+ SIC 55900 peers
32

Financial strength57th percentile among SIC peers · 14/25
Employees22th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.01× · 2/20
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 strength14/25 pts

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

Employees3/15 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

£4k

Balance sheet strength

Cash

£0

Cash in the bank

Net Current Assets

-£386k

Working capital

Current Assets

£3k

Current Liabilities

£389k

Fixed Assets

£390k

Debtors

£3k

0avg. employees-2

Tax at Year End(2021)

Dividends paid£6k

Balance Sheet

Assets less current liabilities£4k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20250.01-£387
2024-£67k
2023+£16k
20220.10+£21k
20210.30

Derived from filed accounts. Not audited figures.