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Progress Lifts Ltd

12448463

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

172 ELM PARK AVENUE, HORNCHURCH, RM12 4RY
Incorporated 07/02/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43390
Other building completion and finishing

Officers

Mr Andrej Gorbaciov

director · Since 06/07/2020

BUILDER

LITHUANIAN · ENGLAND · Age 43

Persons with Significant Control

Mr Andrej Gorbaciov

25–50% shares
75–100% votes
Appoint directors

Lithuanian · England · Age 43

172, Elm Park Avenue, Hornchurch, RM12 4RY

Notified 06/07/2020

Mrs Evelina Gorbaciova

25–50% shares

Lithuanian · United Kingdom · Age 41

2, Tallis Court, Gidea Park, RM2 6GH

Notified 06/12/2025

Former PSCs

Mr Andrej Gorbaciov

Ceased 10/02/2020

Mr Artur Diomin

Ceased 06/07/2020

CompanyRankvs 14446+ SIC 43390 peers
59

Financial strength66th percentile among SIC peers · 17/25
Employees58th percentile among SIC peers · 9/15
LiquidityCurrent ratio 1.15× · 12/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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14446Progress Lifts Ltd
59
How is this score calculated?
Financial strength17/25 pts

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

Employees9/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity12/20 pts

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

Longevity6/15 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 28/02/2026

Net Worth

£13k

Balance sheet strength

Cash

£1k

Cash in the bank

Net Current Assets

£2k

Working capital

Current Assets

£15k

Current Liabilities

£13k

Fixed Assets

£11k

Debtors

£14k

2avg. employees+1
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20261.15+£5k
20251.81+£5k
20241.48-£6k
20232.45+£402
20223.36-£18k

Derived from filed accounts. Not audited figures.