Progressive Siphonic Systems Ltd
12452385
Healthy
No risk factors detected.
Details
Previously known as
Compliance
Last accounts
28/02/2025
micro entity
Next accounts due
30/11/2026
Confirmation statement
Last: 09/02/2026
Due 23/02/2027
Industry
Officers
director · Since 10/02/2020
PIPE FITTER
BRITISH · ENGLAND · Age 31
Also on 5 other boards
Former
director · Resigned 05/06/2023
Persons with Significant Control
Mr Robert Joe Foxton
British · England · Age 31
Unit 21, Mainsforth Terrace, Hartlepool, TS25 1TZ
Notified 10/02/2020
Former PSCs
Mr Rhys Kieren Fisk
Ceased 05/06/2023
Change History
Active
Private Limited Company
UNIT 21 MAINSFORTH TERRACE
HARTLEPOOL
CompanyRankvs 7114+ SIC 43290 peers64
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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 28/02/2025
Net Worth
£82k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
—
Working capital
Current Assets
£71k
Current Liabilities
£16k
Fixed Assets
£48k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 4.54 | -£1k |
| 2024 | 2.62 | +£30k |
| 2023 | 2.20 | — |
Derived from filed accounts. Not audited figures.