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Progressive Ventures Ltd

15646985

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • 1 outstanding charge (-2)

Details

50 RAYMOND ROAD, SLOUGH, SL3 8LW
Incorporated 15/04/2024

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate
68209
Other letting and operating of own or leased real estate

Officers

Mr Nitesh Vijay Arora

director · Since 15/04/2024

IT PROFESSIONAL

BRITISH · ENGLAND · Age 44

Also on 2 other boards

Mrs Gargi Poudel Arora

director · Since 15/04/2024

CHILDREN NURSERY STAFF

BRITISH · ENGLAND · Age 46

Persons with Significant Control

Mr Nitesh Vijay Arora

25–50% shares
25–50% votes
Appoint directors

British · England · Age 44

50, Raymond Road, Slough, SL3 8LW

Notified 15/04/2024

Mrs Gargi Poudel Arora

25–50% shares
25–50% votes
Appoint directors

British · England · Age 46

50, Raymond Road, Slough, SL3 8LW

Notified 15/04/2024

Charges1 outstanding

Charge
outstanding

NOTTINGHAM BUILDING SOCIETY

Created 09/08/2024Registered 12/08/2024

CompanyRankvs 161264+ SIC 68100 peers
18

Financial strength22th percentile among SIC peers · 6/25
Employees19th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.02× · 2/20
Longevity2 years trading (max 15) · 2/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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161264Progressive Ventures Ltd
28
How is this score calculated?
Financial strength6/25 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.

Longevity2/15 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 30/04/2025

Net Worth

-£3k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£56k

Working capital

Current Assets

£924

Current Liabilities

£57k

Fixed Assets

£189k

0avg. employees

Balance Sheet

Assets less current liabilities£133k
Prepared with Taxfiler

EstimatesDerived

YearCurrent Ratio
20250.02

Derived from filed accounts. Not audited figures.