Progress Finance Ltd
12128831
Healthy
- Negative net worth (-10)
Details
Compliance
Last accounts
31/07/2025
dormant
Next accounts due
30/04/2027
Confirmation statement
Last: 29/07/2022
Due 12/08/2023
Industry
Officers
CompanyRankvs 815+ SIC 64910 peers26
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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 31/07/2025
Net Worth
-£23k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£594
Working capital
Current Assets
£594
Current Liabilities
£257k
Fixed Assets
£234k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.00 | +£0 |
| 2024 | 0.00 | +£0 |
| 2022 | — | -£290 |
| 2021 | 2666.00 | — |
Derived from filed accounts. Not audited figures.