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Progressive Electrical Services Ltd

12414286

active
ltd
england wales
Companies House
Health Score
80 / 100

Healthy

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

Details

Unit 8 Catherington Business Park, Catherington Lane, Waterlooville, PO8 0AQ
Incorporated 20/01/2020

Compliance

Last accounts

31/01/2026

micro entity

Next accounts due

31/10/2027

On track

Confirmation statement

Last: 19/01/2026

Due 02/02/2027

On track

Industry

33140
Repair of electrical equipment
43210
Electrical installation

Officers

Mr Stephen John Hadley

director · Since 20/01/2020

ENGINEER

BRITISH · UNITED KINGDOM · Age 53

Also on 3 other boards

Mr Lee Wilson

director · Since 20/01/2020

ELECTRICIAN

BRITISH · ENGLAND · Age 44

Stephen John Hadley

director · Since 20/01/2020

British · United Kingdom · Age 53

Lee Wilson

director · Since 20/01/2020

British · England · Age 44

Persons with Significant Control

Mr Stephen John Hadley

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 53

Unit 8 Catherington Business Park, Catherington Lane, Waterlooville, PO8 0AQ

Notified 20/01/2020

Mr Lee Wilson

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 44

Unit 8 Catherington Business Park, Catherington Lane, Waterlooville, PO8 0AQ

Notified 20/01/2020

Change History

status → active
2026-07-13

Active

type → ltd
2026-07-13

Private Limited Company

address line1 → Unit 8 Catherington Business Park
2026-07-13

UNIT 8 CATHERINGTON BUSINESS PARK

post town → Waterlooville
2026-07-13

WATERLOOVILLE

CompanyRankvs 484+ SIC 33140 peers
78

Financial strength87th percentile among SIC peers · 22/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.1× · 20/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
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90
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90
6Gordon Wilson (Process Systems) Limited
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7Caravan Park Electrical Services Limited
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9Spellman High Voltage Electronics Limited.
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10Avrs Systems Limited
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484Progressive Electrical Services Ltd
77
How is this score calculated?
Financial strength22/25 pts

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

Employees14/15 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 31/01/2026

Net Worth

£131k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£100k

Working capital

Current Assets

£191k

Current Liabilities

£91k

Fixed Assets

£36k

8avg. employees+2

Balance Sheet

Assets less current liabilities£136k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20262.10+£62k
20251.35+£26k
20241.21-£5k
20231.29—

Derived from filed accounts. Not audited figures.