Progeny Security Limited
13667605
Some Concerns
- Current liabilities exceed current assets (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 07/10/2021
MANAGING DIRECTOR
BRITISH · UNITED KINGDOM · Age 66
Also on 2 other boards
director · Since 15/11/2022
DIRECTOR
BRITISH · ENGLAND · Age 48
Also on 3 other boards
Persons with Significant Control
Mr Paul Anthony Baverstock
British · England · Age 48
Standard House, Fareham Heights, Fareham, PO16 8XT
Notified 15/11/2022
Mr Clive Malcolm Garner
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
IAN AUSTIN AS SECURITY TRUSTEE
CompanyRankvs 25633+ SIC 64209 peers38
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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.
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
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.10 | +£0 |
| 2025 | 0.10 | +£2.4M |
| 2024 | 0.04 | +£209k |
| 2023 | 0.01 | — |
Derived from filed accounts. Not audited figures.