Pomanda estimates the enterprise value of PROGRESSUS LIMITED at £3.6m based on a Turnover of £1.6m and 2.24x industry multiple (adjusted for size and gross margin).
progressus limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of PROGRESSUS LIMITED at £0 based on an EBITDA of £-82.8k and a 4.57x industry multiple (adjusted for size and gross margin).
progressus limitedEstimated Valuation
£2.8m
Pomanda estimates the enterprise value of PROGRESSUS LIMITED at £2.8m based on Net Assets of £1.7m and 1.6x industry multiple (adjusted for liquidity).
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Progressus LimitedOverview
Progressus Limited is a live company located in london, SE19 1QY with a Companies House number of 04161271. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in February 2001, it's largest shareholder is
mr nicos poli
with a 25% stake. Progressus Limited is a mature,
small sized company, Pomanda has estimated its turnover at
£1.6m with
healthy
growth in recent years.
Pomanda's financial health check has awarded Progressus Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating4.5out of 5
5 Strong
1 Regular
5 Weak
Size
annual sales of £1.6m, make it larger than the average company (£866k)
£1.6m - Progressus Limited
£866k - Industry AVG
Growth
3 year (CAGR) sales growth of 10%, show it is growing at a faster rate (4%)
10% - Progressus Limited
4% - Industry AVG
Production
with a gross margin of 30.6%, this company has a higher cost of product (71.8%)
30.6% - Progressus Limited
71.8% - Industry AVG
Profitability
an operating margin of -5.2% make it less profitable than the average company (27.6%)
-5.2% - Progressus Limited
27.6% - Industry AVG
Employees
with 3 employees, this is below the industry average (4)
3 - Progressus Limited
4 - Industry AVG
Pay Structure
on an average salary of £35.5k, the company has an equivalent pay structure (£35.5k)
£35.5k - Progressus Limited
£35.5k - Industry AVG
Efficiency
resulting in sales per employee of £532.6k, this is more efficient (£186.6k)
£532.6k - Progressus Limited
£186.6k - Industry AVG
Debtor Days
it gets paid by customers after 99 days, this is later than average (28 days)
99 days - Progressus Limited
28 days - Industry AVG
Creditor Days
its suppliers are paid after 8 days, this is quicker than average (35 days)
8 days - Progressus Limited
35 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Progressus Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 14 weeks, this is more cash available to meet short term requirements (9 weeks)
14 weeks - Progressus Limited
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 27.2%, this is a lower level of debt than the average (64.2%)
27.2% - Progressus Limited
64.2% - Industry AVG
PROGRESSUS LIMITED financials
EXPORT
Progressus Limited's latest turnover from March 2024 is estimated at £1.6 million and the company has net assets of £1.7 million. According to their latest financial statements, we estimate that Progressus Limited has 3 employees and maintains cash reserves of £7.5 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
1,597,856
1,465,907
1,351,369
1,191,282
1,315,186
1,230,279
1,691,557
1,754,655
1,448,077
1,484,137
1,528,981
29,238
1,319,188
1,440,873
1,297,755
Other Income Or Grants
Cost Of Sales
1,109,077
1,025,727
956,869
852,379
959,831
875,064
1,193,374
1,226,145
1,019,777
1,087,454
1,140,434
21,871
986,875
1,088,308
982,261
Gross Profit
488,779
440,179
394,500
338,903
355,355
355,214
498,184
528,509
428,300
396,683
388,546
7,367
332,313
352,565
315,495
Admin Expenses
571,554
732,031
361,755
289,871
104,680
-236,029
454,733
-721,447
410,196
377,761
365,269
-14,986
292,164
314,798
24,516
Operating Profit
-82,775
-291,852
32,745
49,032
250,675
591,243
43,451
1,249,956
18,104
18,922
23,277
22,353
40,149
37,767
290,979
Interest Payable
Interest Receivable
1,899
2,820
1,452
315
321
1,936
998
276
54
70
98
256
217
66
44
Pre-Tax Profit
-80,876
-289,032
34,198
49,347
250,995
593,179
44,449
1,250,233
18,158
18,992
23,375
22,609
40,366
37,833
291,024
Tax
-6,498
-9,376
-47,689
-112,704
-8,445
-250,046
-3,631
-3,988
-5,376
-5,426
-10,495
-10,593
-81,487
Profit After Tax
-80,876
-289,032
27,700
39,971
203,306
480,475
36,004
1,000,186
14,526
15,004
17,999
17,183
29,871
27,240
209,537
Dividends Paid
Retained Profit
-80,876
-289,032
27,700
39,971
203,306
480,475
36,004
1,000,186
14,526
15,004
17,999
17,183
29,871
27,240
209,537
Employee Costs
106,440
99,806
99,772
93,851
99,332
98,804
153,978
152,355
128,003
122,197
120,919
28,352
84,561
112,968
114,596
Number Of Employees
3
3
3
3
3
3
5
5
4
4
4
1
3
4
4
EBITDA*
-82,775
-291,852
32,745
49,032
250,675
591,243
43,451
1,249,956
18,104
18,922
23,277
22,353
40,149
37,767
290,979
* 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
750,000
750,000
1,100,000
750,000
750,000
600,000
Intangible Assets
Investments & Other
1,960,479
2,006,899
2,298,932
2,252,942
2,218,730
1,974,623
1,500,149
712,560
160
160
160
600,160
160
160
160
Debtors (Due After 1 year)
1,376
379,763
Total Fixed Assets
1,960,479
2,006,899
2,298,932
2,252,942
2,218,730
1,974,623
1,501,525
1,462,560
1,100,160
750,160
750,160
979,923
600,160
160
160
Stock & work in progress
413,525
413,525
Trade Debtors
435,524
425,148
426,703
363,726
359,762
331,139
461,612
449,762
382,762
379,763
379,761
330,405
468,435
439,485
Group Debtors
Misc Debtors
Cash
7,496
64,848
67,868
319,456
311,245
329,856
186,508
212,669
8,177
13,263
14,846
24,446
78,089
8,601
17,735
misc current assets
total current assets
443,020
489,996
494,571
683,182
671,007
660,995
648,120
662,431
390,939
393,026
394,607
24,446
408,494
890,561
870,745
total assets
2,403,499
2,496,895
2,793,503
2,936,124
2,889,737
2,635,618
2,149,645
2,124,991
1,491,099
1,143,186
1,144,767
1,004,369
1,008,654
890,721
870,905
Bank overdraft
Bank loan
Trade Creditors
26,821
29,841
38,438
208,842
180,570
177,257
171,759
180,202
32,621
29,923
27,204
32,435
14,491
30,600
27,709
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
26,821
29,841
38,438
208,842
180,570
177,257
171,759
180,202
32,621
29,923
27,204
32,435
14,491
30,600
27,709
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
537,732
537,732
536,711
536,628
558,484
558,484
558,484
558,484
440,543
459,854
479,158
501,528
540,940
623,244
633,559
provisions
89,752
99,252
99,252
99,252
99,252
51,752
51,752
54,659
total long term liabilities
627,484
636,984
635,963
635,880
657,736
610,236
610,236
613,143
440,543
459,854
479,158
501,528
540,940
623,244
633,559
total liabilities
654,305
666,825
674,401
844,722
838,306
787,493
781,995
793,345
473,164
489,777
506,362
533,963
555,431
653,844
661,268
net assets
1,749,194
1,830,070
2,119,102
2,091,402
2,051,431
1,848,125
1,367,650
1,331,646
1,017,935
653,409
638,405
470,406
453,223
236,877
209,637
total shareholders funds
1,749,194
1,830,070
2,119,102
2,091,402
2,051,431
1,848,125
1,367,650
1,331,646
1,017,935
653,409
638,405
470,406
453,223
236,877
209,637
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
-82,775
-291,852
32,745
49,032
250,675
591,243
43,451
1,249,956
18,104
18,922
23,277
22,353
40,149
37,767
290,979
Depreciation
Amortisation
Tax
-6,498
-9,376
-47,689
-112,704
-8,445
-250,046
-3,631
-3,988
-5,376
-5,426
-10,495
-10,593
-81,487
Stock
-413,525
413,525
Debtors
10,376
-1,555
62,977
3,964
28,623
-130,473
11,850
67,000
2,999
2
-2
49,358
-138,030
28,950
439,485
Creditors
-3,020
-8,597
-170,404
28,272
3,313
5,498
-8,443
147,581
2,698
2,719
-5,231
17,944
-16,109
2,891
27,709
Accruals and Deferred Income
Deferred Taxes & Provisions
-9,500
47,500
-2,907
54,659
Cash flow from operations
-105,671
-298,894
-207,134
63,964
225,176
614,510
11,806
1,135,150
14,172
17,651
12,672
-14,487
565,100
1,115
-615,809
Investing Activities
capital expenditure
750,000
350,000
-350,000
-750,000
600,000
-600,000
Change in Investments
-46,420
-292,033
45,990
34,212
244,107
474,474
787,589
712,400
-600,000
600,000
160
cash flow from investments
46,420
292,033
-45,990
-34,212
-244,107
275,526
-787,589
-362,400
-350,000
-150,000
-600,000
-160
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
1,021
83
-21,856
117,941
-19,311
-19,304
-22,370
-39,412
-82,304
-10,315
633,559
share issue
-686,475
350,000
150,000
186,475
100
interest
1,899
2,820
1,452
315
321
1,936
998
276
54
70
98
256
217
66
44
cash flow from financing
1,899
3,841
1,535
-21,541
321
1,936
998
-568,258
330,743
-19,234
127,728
-39,156
104,388
-10,249
633,703
cash and cash equivalents
cash
-57,352
-3,020
-251,588
8,211
-18,611
143,348
-26,161
204,492
-5,086
-1,583
-9,600
-53,643
69,488
-9,134
17,735
overdraft
change in cash
-57,352
-3,020
-251,588
8,211
-18,611
143,348
-26,161
204,492
-5,086
-1,583
-9,600
-53,643
69,488
-9,134
17,735
progressus 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 progressus limited. Get real-time insights into progressus limited's credit score, group structure and payment trends.
Perform a competitor analysis for progressus limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in SE19 area or any other competitors across 12 key performance metrics.
The largest shareholders in Progressus Limited include Mr Nicos Poli and Yiannex Limited.
mr nicos poli
25%
yiannex limited
25%
n/a atlantique limited
25%
theodoros hajigeorgiou
25%
progressus limited directors
Progressus Limited currently has 2 directors.
The longest serving directors include
Mr Panayioti Vasilli (Feb 2001) and
Mr Michael Hajiantonis (Feb 2001).
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
68100 - Buying and selling of own real estate
incorporation date
February 2001
age
24
incorporated
UK
ultimate parent company
None
accounts
Unaudited Abridged
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
-
address
32 oaks avenue, gipsy hill, london, SE19 1QY
Bank
-
Legal Advisor
-
progressus 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 found 14 charges/mortgages relating to progressus limited. Currently there are 5 open charges and 9 have been satisfied in the past.
progressus 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 PROGRESSUS LIMITED. This can take several minutes, an email will notify you when this has completed.
progressus limitedCompanies House Filings - See Documents
