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Progeny Security Limited

13667605

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

STANDARD HOUSE FAREHAM HEIGHTS, FAREHAM, PO16 8XT
Incorporated 07/10/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

64209
Activities of other holding companies

Officers

Mr Alistair Scott Austin

director · Since 07/10/2021

DIRECTOR

BRITISH · ENGLAND · Age 62

Mr Ian Robert Austin

director · Since 07/10/2021

MANAGING DIRECTOR

BRITISH · UNITED KINGDOM · Age 66

Also on 2 other boards

Mr Paul Anthony Baverstock

director · Since 15/11/2022

DIRECTOR

BRITISH · ENGLAND · Age 48

Also on 3 other boards

Ian Edward Selby

director · Since 15/11/2022

DIRECTOR

BRITISH · ENGLAND · Age 50

Also on 2 other boards

Persons with Significant Control

Mr Paul Anthony Baverstock

ownership-of-shares-25-to-50-percent-as-trust
voting-rights-25-to-50-percent-as-trust

British · England · Age 48

Standard House, Fareham Heights, Fareham, PO16 8XT

Notified 15/11/2022

Mr Clive Malcolm Garner

ownership-of-shares-25-to-50-percent-as-trust
voting-rights-25-to-50-percent-as-trust

British · England · Age 65

Standard House, Fareham Heights, Fareham, PO16 8XT

Notified 15/11/2022

Former PSCs

Mr Ian Robert Austin

Ceased 15/11/2022

Mr Daniel Joseph Kirtley

Ceased 03/03/2025

Charges1 outstanding

Charge
outstanding

IAN AUSTIN AS SECURITY TRUSTEE

Created 15/11/2022Registered 16/11/2022

CompanyRankvs 25633+ SIC 64209 peers
38

Financial strength92th percentile among SIC peers · 23/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.1× · 2/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength23/25 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.

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.

Longevity5/15 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.

Risk deductions

Outstanding charges: -10 pts

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

£2.6M

Balance sheet strength

Cash

£18k

Cash in the bank

Net Current Assets

-£3.1M

Working capital

Current Assets

£337k

Current Liabilities

£3.4M

Debtors

£319k

0avg. employees

Balance Sheet

Assets less current liabilities£7.5M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20250.10+£0
20250.10+£2.4M
20240.04+£209k
20230.01

Derived from filed accounts. Not audited figures.