Progressive Marine And Offshore Solutions Limited
12868121
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 09/09/2020
MARINE ENGINEERING CONSULTANT
BRITISH · ENGLAND · Age 71
Persons with Significant Control
Mr Martin Kevin Hoskins
British · England · Age 71
2, Clayside, Wokingham, RG40 3PF
Notified 09/09/2020
CompanyRankvs 108190+ SIC 70229 peers52
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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
£26k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£22k
Working capital
Current Assets
£43k
Current Liabilities
£65k
Fixed Assets
£49k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.67 | -£11k |
| 2024 | 1.28 | +£21k |
| 2023 | 0.98 | — |
Derived from filed accounts. Not audited figures.