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Progressive Housing Solutions Ltd

12363299

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

GROUND FLOOR OFFICE 2 CARNEGIE COURT THE BROADWAY, SLOUGH, SL2 3GQ
Incorporated 13/12/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

55900
Other accommodation
68201
Renting and operating of Housing Association real estate
68209
Other letting and operating of own or leased real estate

Officers

Mr Mohammed Idris Zia

director · Since 13/12/2019

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 48

Also on 13 other boards

Persons with Significant Control

Mr Mohammed Idris Zia

75–100% shares

British · United Kingdom · Age 48

9, Henry Road, Birmingham, B25 8AH

Notified 13/12/2019

Mr Mohammed Zia

25–50% shares

British · England · Age 46

Ground Floor Office 2 Carnegie Court, The Broadway, Slough, SL2 3GQ

Notified 28/01/2020

CompanyRankvs 5195+ SIC 55900 peers
47

Financial strength7th percentile among SIC peers · 2/25
Employees22th percentile among SIC peers · 3/15
LiquidityCurrent ratio 2.65× · 20/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength2/25 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.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity7/15 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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/12/2024

Net Worth

-£22k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£6k

Working capital

Current Assets

£10k

Current Liabilities

£4k

Fixed Assets

£2k

0avg. employees-1

Balance Sheet

Assets less current liabilities£8k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20242.65+£5k
20233.06+£13k
20221.33-£13k
20212.59-£41k
20209.26

Derived from filed accounts. Not audited figures.