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Progressive Energy (North) Ltd

14477608

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

42 SYCAMORE ROAD, LANCASTER, LA2 9PB
Incorporated 11/11/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Mr Lee Blundell

director · Since 11/11/2022

ELECTRICIAN

BRITISH · UNITED KINGDOM · Age 46

Also on 1 other board

Mr Christopher Hurst

director · Since 11/11/2022

ELECTRICIAN

BRITISH · ENGLAND · Age 43

Also on 1 other board

Persons with Significant Control

Mr Christopher Hurst

25–50% shares
25–50% votes

British · England · Age 43

42, Sycamore Road, Lancaster, LA2 9PB

Notified 11/11/2022

Mr Lee Blundell

25–50% shares
25–50% votes

British · United Kingdom · Age 46

42, Sycamore Road, Lancaster, LA2 9PB

Notified 11/11/2022

Former PSCs

Mrs Sarah Hurst

Ceased 07/08/2023

CompanyRankvs 149860+ SIC 43210 peers
56

Financial strength56th percentile among SIC peers · 14/25
Employees75th percentile among SIC peers · 11/15
LiquidityCurrent ratio 1.2× · 12/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength14/25 pts

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

Employees11/15 pts

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

Liquidity12/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity4/15 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 30/11/2024

Net Worth

£10k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£9k

Working capital

Current Assets

£52k

Current Liabilities

£43k

Fixed Assets

£1k

3avg. employees+1

Balance Sheet

Assets less current liabilities£10k
Prepared with Companies House

EstimatesDerived

YearCurrent Ratio
20241.20
20230.68

Derived from filed accounts. Not audited figures.