Sound Progression Ltd
12041556
Healthy
No risk factors detected.
Details
Compliance
Last accounts
31/03/2025
micro entity
Next accounts due
31/12/2026
Confirmation statement
Last: 08/06/2025
Due 22/06/2026
Industry
Officers
secretary · Since 10/06/2019
Former
director · Resigned 06/06/2021
director · Resigned 01/06/2025
director · Resigned 01/06/2025
director · Resigned 16/03/2026
Change History
Active
PRI/LTD BY GUAR/NSC (Private, limited by guarantee, no share capital)
117 FAIRWATER GROVE WEST
CARDIFF
CompanyRankvs 4747+ SIC 90020 peers76
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/03/2025
Turnover
£163k
Annual revenue
Net Worth
£15k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£64k
Working capital
Current Assets
£64k
Current Liabilities
£0
Fixed Assets
£0
Profit After Tax
£24k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | Infinity | +£767 |
| 2024 | 0.94 | -£4k |
| 2023 | 1.04 | +£10k |
| 2022 | 1.07 | +£3k |
| 2021 | 1.42 | -£8k |
| 2020 | 0.95 | — |
Derived from filed accounts. Not audited figures.