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Progress Property Services Ltd

12646461

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

124 CITY ROAD, LONDON, EC1V 2NX
Incorporated 04/06/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate
68201
Renting and operating of Housing Association real estate
68209
Other letting and operating of own or leased real estate
68320
Management of real estate on a fee or contract basis

Officers

Mr Nnamdi Nathan Babundo

director · Since 04/06/2020

SELF EMPLOYED

BRITISH · ENGLAND · Age 28

Also on 1 other board

Mr Chuka Jeffery Babundo

director · Since 01/03/2022

BUSINESS DEVELOPMENT

BRITISH · ENGLAND · Age 26

Also on 3 other boards

Persons with Significant Control

Mr Nnamdi Nathan Babundo

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

British · England · Age 28

124, City Road, London, EC1V 2NX

Notified 04/06/2020

CompanyRankvs 20417+ SIC 68100 peers
66

Financial strength86th percentile among SIC peers · 22/25
Employees19th percentile among SIC peers · 3/15
LiquidityCurrent ratio 3.81× · 20/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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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.

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.

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 30/06/2025

Net Worth

£130k

Balance sheet strength

Cash

£944

Cash in the bank

Net Current Assets

£60k

Working capital

Current Assets

£82k

Current Liabilities

£21k

Fixed Assets

£69k

Debtors

£81k

0avg. employees-4
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20253.81-£27
20243.82+£131k
20230.95-£4k
20221.04+£2k
20210.86

Derived from filed accounts. Not audited figures.