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Progress Teaching Limited

12872957

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

86-90 PAUL STREET, LONDON, EC2A 4NE
Incorporated 11/09/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development

Officers

Mr Peter John Hughes

director · Since 11/09/2020

DIRECTOR

AUSTRALIAN · UNITED KINGDOM · Age 51

Also on 5 other boards

Mr Brett Husbands

director · Since 29/02/2024

RETIRED

BRITISH · ENGLAND · Age 52

Persons with Significant Control

Mr Brett Husbands

25–50% shares
25–50% votes

British · England · Age 52

86-90, Paul Street, London, EC2A 4NE

Notified 29/02/2024

Mr Peter John Hughes

25–50% shares

Australian · England · Age 51

86-90, Paul Street, London, EC2A 4NE

Notified 26/09/2025

Former PSCs

Mr James Benjamin Howard

Ceased 30/11/2020

Mr Steven Needham

Ceased 30/11/2020

Mr Peter John Hughes

Ceased 30/11/2020

Mossbourne Foundation Limited

Ceased 29/02/2024

CompanyRankvs 39930+ SIC 62012 peers
37

Financial strength1th percentile among SIC peers · 0/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.08× · 2/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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39930Progress Teaching Limited
36
How is this score calculated?
Financial strength0/25 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.

Liquidity2/20 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 31/12/2024

Net Worth

-£2.5M

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£2.2M

Working capital

Current Assets

£190k

Current Liabilities

£2.4M

Fixed Assets

£13k

12avg. employees+3

Balance Sheet

Assets less current liabilities-£2.2M
Signed by P J Hughes 30/09/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.08-£744k
20231.65-£642k
20220.34-£399k
20210.22—

Derived from filed accounts. Not audited figures.