progressive property investments ltd
progressive property investments ltd Company Information
Company Number
00445945
Registered Address
5 brooklands place, brooklands road, sale, M33 3SD
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Telephone
01733898557
Next Accounts Due
June 2025
Group Structure
View All
Shareholders
karen scott-harrison 33.3%
marcia lister 33.3%
View Allprogressive property investments ltd Estimated Valuation
Pomanda estimates the enterprise value of PROGRESSIVE PROPERTY INVESTMENTS LTD at £514.8k based on a Turnover of £160.6k and 3.21x industry multiple (adjusted for size and gross margin).
progressive property investments ltd Estimated Valuation
Pomanda estimates the enterprise value of PROGRESSIVE PROPERTY INVESTMENTS LTD at £1.6m based on an EBITDA of £239k and a 6.8x industry multiple (adjusted for size and gross margin).
progressive property investments ltd Estimated Valuation
Pomanda estimates the enterprise value of PROGRESSIVE PROPERTY INVESTMENTS LTD at £1.2m based on Net Assets of £757.9k and 1.58x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Progressive Property Investments Ltd Overview
Progressive Property Investments Ltd is a live company located in sale, M33 3SD with a Companies House number of 00445945. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in December 1947, it's largest shareholder is karen scott-harrison with a 33.3% stake. Progressive Property Investments Ltd is a mature, micro sized company, Pomanda has estimated its turnover at £160.6k with declining growth in recent years.
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Progressive Property Investments Ltd Health Check
Pomanda's financial health check has awarded Progressive Property Investments Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
6 Weak
Size
annual sales of £160.6k, make it smaller than the average company (£851.7k)
- Progressive Property Investments Ltd
£851.7k - Industry AVG
Growth
3 year (CAGR) sales growth of -10%, show it is growing at a slower rate (2.8%)
- Progressive Property Investments Ltd
2.8% - Industry AVG
Production
with a gross margin of 73.2%, this company has a comparable cost of product (73.2%)
- Progressive Property Investments Ltd
73.2% - Industry AVG
Profitability
an operating margin of 143.1% make it more profitable than the average company (28.8%)
- Progressive Property Investments Ltd
28.8% - Industry AVG
Employees
with 3 employees, this is below the industry average (4)
3 - Progressive Property Investments Ltd
4 - Industry AVG
Pay Structure
on an average salary of £31.9k, the company has an equivalent pay structure (£31.9k)
- Progressive Property Investments Ltd
£31.9k - Industry AVG
Efficiency
resulting in sales per employee of £53.5k, this is less efficient (£182.8k)
- Progressive Property Investments Ltd
£182.8k - Industry AVG
Debtor Days
it gets paid by customers after 2 days, this is earlier than average (32 days)
- Progressive Property Investments Ltd
32 days - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (34 days)
- Progressive Property Investments Ltd
34 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Progressive Property Investments Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (13 weeks)
2 weeks - Progressive Property Investments Ltd
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 73.2%, this is a similar level of debt than the average (68.5%)
73.2% - Progressive Property Investments Ltd
68.5% - Industry AVG
PROGRESSIVE PROPERTY INVESTMENTS LTD financials
Progressive Property Investments Ltd's latest turnover from September 2023 is estimated at £160.6 thousand and the company has net assets of £757.9 thousand. According to their latest financial statements, Progressive Property Investments Ltd has 3 employees and maintains cash reserves of £88.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Dec 2015 | Dec 2014 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | |||||||||||||||
| Interest Payable | |||||||||||||||
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | |||||||||||||||
| Tax | |||||||||||||||
| Profit After Tax | |||||||||||||||
| Dividends Paid | |||||||||||||||
| Retained Profit | |||||||||||||||
| Employee Costs | |||||||||||||||
| Number Of Employees | 3 | 3 | 3 | 3 | 3 | 4 | 5 | 5 | 5 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Dec 2015 | Dec 2014 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 45,930 | 55,116 | 1 | 1,636 | 11,310 | 20,984 | 30,659 | 39,382 | 37,871 | 1,031,493 | 803,643 | 636,340 | 850,000 | 1,060,000 | 1,400,000 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 2,601,135 | 2,601,135 | 2,601,135 | 2,601,135 | 2,601,135 | 2,601,135 | 2,601,135 | 2,593,717 | 2,550,663 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 2,647,065 | 2,656,251 | 2,601,136 | 2,602,771 | 2,612,445 | 2,622,119 | 2,631,794 | 2,633,099 | 2,588,534 | 1,031,493 | 803,643 | 636,340 | 850,000 | 1,060,000 | 1,400,000 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 1,172 | 104 | 11,115 | 16,468 | 877 | 9,973 | 808 | 4,740 | 7,068 | 10,716 | 42,452 | 14,232 | 7,049 | 35,547 | 6,519 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 1,609 | 1,609 | 1,609 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 87,507 | 95,906 | 519 | 28,338 | 24,305 | 21,072 | 22,997 | 10,164 | 6,291 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 88,729 | 96,903 | 253,175 | 5,374 | 14,686 | 5,377 | 30,460 | 36,268 | 74,551 | 1,337 | 36,253 | 90,100 | 117,534 | 84,526 | 43,196 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 1,609 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 177,408 | 192,913 | 264,809 | 50,180 | 39,868 | 38,031 | 55,874 | 52,781 | 89,519 | 12,053 | 78,705 | 104,332 | 124,583 | 120,073 | 49,715 |
| total assets | 2,824,473 | 2,849,164 | 2,865,945 | 2,652,951 | 2,652,313 | 2,660,150 | 2,687,668 | 2,685,880 | 2,678,053 | 1,043,546 | 882,348 | 740,672 | 974,583 | 1,180,073 | 1,449,715 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,270 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 2 | 0 | 0 | 6,506 | 38,277 | 56,898 | 92,320 | 11,717 | 40,428 | 408,656 | 217,653 | 76,473 | 80,908 | 90,111 | 43,147 |
| Group/Directors Accounts | 0 | 0 | 0 | 1,860,599 | 1,835,599 | 1,759,537 | 1,784,037 | 1,874,537 | 1,797,328 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 1,947,746 | 2,148,291 | 2,167,103 | 64,656 | 50,087 | 52,969 | 74,367 | 87,543 | 154,828 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 1,947,748 | 2,148,291 | 2,167,103 | 1,931,761 | 1,923,963 | 1,869,404 | 1,950,724 | 1,975,067 | 1,992,584 | 408,656 | 217,653 | 76,473 | 80,908 | 90,111 | 43,147 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 118,800 | 118,800 | 90,288 | 90,288 | 90,288 | 90,288 | 90,288 | 90,288 | 90,288 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 118,800 | 118,800 | 90,288 | 90,288 | 90,288 | 90,288 | 90,288 | 90,288 | 90,288 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 2,066,548 | 2,267,091 | 2,257,391 | 2,022,049 | 2,014,251 | 1,959,692 | 2,041,012 | 2,065,355 | 2,082,872 | 408,656 | 217,653 | 76,473 | 80,908 | 90,111 | 43,147 |
| net assets | 757,925 | 582,073 | 608,554 | 630,902 | 638,062 | 700,458 | 646,656 | 620,525 | 595,181 | 634,890 | 664,695 | 664,199 | 893,675 | 1,089,962 | 1,406,568 |
| total shareholders funds | 757,925 | 582,073 | 608,554 | 630,902 | 638,062 | 700,458 | 646,656 | 620,525 | 595,181 | 634,890 | 664,695 | 664,199 | 893,675 | 1,089,962 | 1,406,568 |
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Dec 2015 | Dec 2014 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 9,186 | 6,124 | 1,635 | 9,674 | 9,674 | 9,675 | 9,674 | 6,442 | 1,993 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | |||||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -7,331 | 84,376 | -33,172 | 19,624 | -5,863 | 5,631 | 8,901 | 1,545 | 4,252 | -3,516 | 28,220 | 7,183 | -28,498 | 29,028 | 6,519 |
| Creditors | 2 | 0 | -6,506 | -31,771 | -18,621 | -35,422 | 80,603 | -28,711 | -368,228 | 332,183 | 141,180 | -4,435 | -9,203 | 46,964 | 43,147 |
| Accruals and Deferred Income | -200,545 | -18,812 | 2,102,447 | 14,569 | -2,882 | -21,398 | -13,176 | -67,285 | 154,828 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 28,512 | 0 | 0 | 0 | 0 | 0 | 0 | 90,288 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 7,418 | 43,054 | 2,550,663 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | -1,860,599 | 25,000 | 76,062 | -24,500 | -90,500 | 77,209 | 1,797,328 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -8,174 | -156,272 | 247,801 | -9,312 | 9,309 | -25,083 | -5,808 | -38,283 | 73,214 | -88,763 | -53,847 | -27,434 | 33,008 | 41,330 | 43,196 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | -1,270 | 1,270 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -8,174 | -156,272 | 247,801 | -9,312 | 9,309 | -25,083 | -4,538 | -39,553 | 73,214 | -88,763 | -53,847 | -27,434 | 33,008 | 41,330 | 43,196 |
progressive property investments ltd Credit Report and Business Information
Progressive Property Investments Ltd Competitor Analysis
Perform a competitor analysis for progressive property investments ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in M33 area or any other competitors across 12 key performance metrics.
progressive property investments ltd Ownership
PROGRESSIVE PROPERTY INVESTMENTS LTD group structure
Progressive Property Investments Ltd has no subsidiary companies.
Ultimate parent company
PROGRESSIVE PROPERTY INVESTMENTS LTD
00445945
progressive property investments ltd directors
Progressive Property Investments Ltd currently has 3 directors. The longest serving directors include Mrs Sheila Bentley (Jun 1994) and Mrs Marcia Lister (Apr 2008).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Sheila Bentley | England | 89 years | Jun 1994 | - | Director |
| Mrs Marcia Lister | England | 58 years | Apr 2008 | - | Director |
| Mrs Karen Scott Harrison | England | 56 years | Aug 2019 | - | Director |
P&L
September 2023turnover
160.6k
-6%
operating profit
229.8k
0%
gross margin
73.2%
+2.96%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
757.9k
+0.3%
total assets
2.8m
-0.01%
cash
88.7k
-0.08%
net assets
Total assets minus all liabilities
progressive property investments ltd company details
company number
00445945
Type
Private limited with Share Capital
industry
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
incorporation date
December 1947
age
77
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
September 2023
previous names
the progressive trading co.(belfast) (September 2009)
progressive property investments (September 2009)
See moreaccountant
-
auditor
-
address
5 brooklands place, brooklands road, sale, M33 3SD
Bank
-
Legal Advisor
-
progressive property investments ltd Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We did not find charges/mortgages relating to progressive property investments ltd.
progressive property investments ltd Companies House Filings - See Documents
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