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Progline Limited

13808375

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

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

Details

5 LEMINGTON GARDENS, NEWCASTLE UPON TYNE, NE5 2EN
Incorporated 20/12/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47910
Retail sale via mail order houses or via Internet

Officers

Mrs Saima Wajid

director · Since 20/12/2021

DIRECTOR

BRITISH · UNITED KINGDOM · Age 42

Also on 2 other boards

Mr Wajid Ayaz

director · Since 01/05/2025

BUSINESS EXECUTIVE

BRITISH · UNITED KINGDOM · Age 44

Also on 5 other boards

Persons with Significant Control

Mrs Saima Wajid

Significant control

British · United Kingdom · Age 42

5 Lemington Gardens, Newcastle Upon Tyne, NE5 2EN

Notified 20/12/2021

CompanyRankvs 27406+ SIC 47910 peers
58

Financial strength80th percentile among SIC peers · 20/25
Employees82th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.59× · 6/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
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27406Progline Limited
53
How is this score calculated?
Financial strength20/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees12/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 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.

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

£9k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£9k

Working capital

Current Assets

£13k

Current Liabilities

£22k

2avg. employees+2

Balance Sheet

Assets less current liabilities£9k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20240.59+£4k
20230.62—

Derived from filed accounts. Not audited figures.