Pomanda estimates the enterprise value of PROGRESS INDUSTRIES LIMITED at £0 based on a Turnover of £0 and 0.46x industry multiple (adjusted for size and gross margin).
progress industries limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of PROGRESS INDUSTRIES LIMITED at £0 based on an EBITDA of £-13.3k and a 3.9x industry multiple (adjusted for size and gross margin).
progress industries limitedEstimated Valuation
£1.3m
Pomanda estimates the enterprise value of PROGRESS INDUSTRIES LIMITED at £1.3m based on Net Assets of £518.4k and 2.54x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Progress Industries LimitedOverview
Progress Industries Limited is a live company located in london, EC1M 4AS with a Companies House number of 02743034. It operates in the management consultancy activities other than financial management sector, SIC Code 70229. Founded in August 1992, it's largest shareholder is
puru raj sethia
with a 100% stake. Progress Industries Limited is a mature,
unknown sized company, Pomanda has estimated its turnover at
£0 with
unknown
growth in recent years.
Pomanda's financial health check has awarded Progress Industries Limited a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 3 areas for improvement. Company Health Check FAQs
Health Rating0.5out of 5
0 Strong
1 Regular
3 Weak
Size
There is insufficient data available for this Key Performance Indicator!
- - Progress Industries Limited
- - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - Progress Industries Limited
- - Industry AVG
Production
There is insufficient data available for this Key Performance Indicator!
- - Progress Industries Limited
- - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
- - Progress Industries Limited
- - Industry AVG
Employees
with 1 employees, this is below the industry average (5)
- - Progress Industries Limited
- - Industry AVG
Pay Structure
on an average salary of £49.2k, the company has an equivalent pay structure (£49.2k)
- - Progress Industries Limited
- - Industry AVG
Efficiency
There is insufficient data available for this Key Performance Indicator!
- - Progress Industries Limited
- - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Progress Industries Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Progress Industries Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Progress Industries Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 0 weeks, this is less cash available to meet short term requirements (26 weeks)
- - Progress Industries Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 66.7%, this is a higher level of debt than the average (53.2%)
- - Progress Industries Limited
- - Industry AVG
PROGRESS INDUSTRIES LIMITED financials
EXPORT
Progress Industries Limited's latest turnover from March 2024 is 0 and the company has net assets of £518.4 thousand. According to their latest financial statements, we estimate that Progress Industries Limited has 1 employee and maintains cash reserves of £7 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Turnover
147,925
281,590
319,116
301,853
Other Income Or Grants
Cost Of Sales
47,589
85,892
95,250
94,829
Gross Profit
100,336
195,698
223,866
207,024
Admin Expenses
13,349
-246,396
-340,663
2,865
2,621
3,030
4,678
2,453
36,016
20,014
20,378
-16,864
-180,266
-43,903
25,366
Operating Profit
-13,349
246,396
340,663
-2,865
-2,621
-3,030
-4,678
-2,453
-36,016
-20,014
-20,378
117,200
375,964
267,769
181,658
Interest Payable
Interest Receivable
12,835
28,517
1,275
503
581
636
611
176
44,007
Pre-Tax Profit
-8,361
239,702
275,975
-2,865
-2,621
-3,030
-4,678
-2,453
-34,741
-19,511
-19,797
117,836
376,575
267,945
225,665
Tax
-36,888
3,328
-24,830
-43,977
-65,937
-55,959
Profit After Tax
-8,361
202,814
275,975
-2,865
-2,621
-3,030
-4,678
-2,453
-34,741
-19,511
-16,469
93,006
332,598
202,008
169,706
Dividends Paid
200,000
500,000
250,000
20,000
20,000
20,000
20,000
Retained Profit
-8,361
2,814
-224,025
-252,865
-2,621
-3,030
-4,678
-2,453
-54,741
-39,511
-36,469
73,006
332,598
202,008
169,706
Employee Costs
49,154
45,990
45,115
42,000
41,826
50,500
46,269
47,939
49,147
49,534
50,741
101,197
149,439
139,355
150,085
Number Of Employees
1
1
1
1
1
1
1
1
1
1
1
2
3
3
3
EBITDA*
-13,349
246,633
340,979
-2,444
-2,059
-2,281
-3,679
-1,122
-34,240
-17,647
-17,222
123,512
382,276
311,518
225,408
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Tangible Assets
711
948
1,264
1,685
2,247
2,996
3,995
5,326
7,101
9,468
12,624
18,936
1
43,750
Intangible Assets
Investments & Other
521,524
521,524
521,524
1,121,006
599,482
599,482
599,482
599,482
599,482
599,482
599,482
593,997
593,997
593,997
Debtors (Due After 1 year)
Total Fixed Assets
521,524
522,235
522,472
1,122,270
601,167
601,729
602,478
603,477
604,808
606,583
608,950
606,621
612,933
593,998
43,750
Stock & work in progress
Trade Debtors
Group Debtors
Misc Debtors
1,028,812
917,192
888,689
25
492,167
492,543
492,574
495,935
496,090
545,865
598,667
551,357
110,274
12,904
1,550
Cash
7,022
182,980
4,878
7,633
16,261
17,944
20,194
35,560
36,387
62,570
32,554
143,727
500,452
305,790
606,046
misc current assets
total current assets
1,035,834
1,100,172
893,567
7,658
508,428
510,487
512,768
531,495
532,477
608,435
631,221
695,084
610,726
318,694
607,596
total assets
1,557,358
1,622,407
1,416,039
1,129,928
1,109,595
1,112,216
1,115,246
1,134,972
1,137,285
1,215,018
1,240,171
1,301,705
1,223,659
912,692
651,346
Bank overdraft
Bank loan
Trade Creditors
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
1,038,985
1,095,673
892,119
381,983
108,785
8,785
8,785
23,833
23,693
46,685
32,464
57,529
52,489
74,120
14,782
total current liabilities
1,038,985
1,095,673
892,119
381,983
108,785
8,785
8,785
23,833
23,693
46,685
32,464
57,529
52,489
74,120
14,782
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
1,038,985
1,095,673
892,119
381,983
108,785
8,785
8,785
23,833
23,693
46,685
32,464
57,529
52,489
74,120
14,782
net assets
518,373
526,734
523,920
747,945
1,000,810
1,103,431
1,106,461
1,111,139
1,113,592
1,168,333
1,207,707
1,244,176
1,171,170
838,572
636,564
total shareholders funds
518,373
526,734
523,920
747,945
1,000,810
1,103,431
1,106,461
1,111,139
1,113,592
1,168,333
1,207,707
1,244,176
1,171,170
838,572
636,564
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Operating Activities
Operating Profit
-13,349
246,396
340,663
-2,865
-2,621
-3,030
-4,678
-2,453
-36,016
-20,014
-20,378
117,200
375,964
267,769
181,658
Depreciation
237
316
421
562
749
999
1,331
1,776
2,367
3,156
6,312
6,312
43,749
43,750
Amortisation
Tax
-36,888
3,328
-24,830
-43,977
-65,937
-55,959
Stock
Debtors
111,620
28,503
888,664
-492,142
-376
-31
-3,361
-155
-49,775
-52,802
47,310
441,083
97,370
11,354
1,550
Creditors
Accruals and Deferred Income
-56,688
203,554
510,136
273,198
100,000
-15,048
140
-22,992
14,221
-25,065
5,040
-21,631
59,338
14,782
Deferred Taxes & Provisions
Cash flow from operations
-181,657
384,796
-37,549
762,896
98,317
-2,250
-15,366
-827
-7,457
49,376
-86,269
-337,361
219,298
293,565
182,681
Investing Activities
capital expenditure
711
-1
-25,247
-87,500
Change in Investments
-599,482
521,524
5,485
593,997
cash flow from investments
711
599,482
-521,524
-1
-5,485
-25,247
-593,997
-87,500
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
-100,000
137
466,858
interest
12,835
28,517
1,275
503
581
636
611
176
44,007
cash flow from financing
12,835
28,517
-100,000
1,275
640
581
636
611
176
510,865
cash and cash equivalents
cash
-175,958
178,102
-2,755
-8,628
-1,683
-2,250
-15,366
-827
-26,183
30,016
-111,173
-356,725
194,662
-300,256
606,046
overdraft
change in cash
-175,958
178,102
-2,755
-8,628
-1,683
-2,250
-15,366
-827
-26,183
30,016
-111,173
-356,725
194,662
-300,256
606,046
progress industries limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for progress industries limited. Get real-time insights into progress industries limited's credit score, group structure and payment trends.
Perform a competitor analysis for progress industries limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other mature companies, companies in EC1M area or any other competitors across 12 key performance metrics.
progress industries limited Ownership
PROGRESS INDUSTRIES LIMITED group structure
Progress Industries Limited has no subsidiary companies.
Ultimate parent company
PROGRESS INDUSTRIES LIMITED
02743034
PROGRESS INDUSTRIES LIMITED Shareholders
The sole shareholder of Progress Industries Limited is Puru Raj Sethia.
puru raj sethia
100%
progress industries limited directors
Progress Industries Limited currently has 2 directors.
The longest serving directors include
Mr Puru Sethia (Feb 2007) and
Mr Amrao Jain (Feb 2012).
70229 - Management consultancy activities (other than financial management)
incorporation date
August 1992
age
33
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
progress investments limited (May 1999)
accountant
BOYDELL & CO
auditor
-
address
n sethia house 105, st john street, london, EC1M 4AS
Bank
-
Legal Advisor
-
progress industries limited 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 progress industries limited.
progress industries limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
Click to start generating capital raising & share issue transactions for PROGRESS INDUSTRIES LIMITED. This can take several minutes, an email will notify you when this has completed.
progress industries limitedCompanies House Filings - See Documents
