progressive energies limited
progressive energies limited Company Information
Company Number
07596186
Next Accounts
Sep 2025
Shareholders
aei holdco limited
Group Structure
View All
Industry
Production of electricity
Registered Address
level 4 ldn:w, 3 noble street, london, EC2V 7EE
Website
armstrongcapital.co.ukprogressive energies limited Estimated Valuation
Pomanda estimates the enterprise value of PROGRESSIVE ENERGIES LIMITED at £225.8k based on a Turnover of £152.4k and 1.48x industry multiple (adjusted for size and gross margin).
progressive energies limited Estimated Valuation
Pomanda estimates the enterprise value of PROGRESSIVE ENERGIES LIMITED at £1.6m based on an EBITDA of £390.8k and a 4.21x industry multiple (adjusted for size and gross margin).
progressive energies limited Estimated Valuation
Pomanda estimates the enterprise value of PROGRESSIVE ENERGIES LIMITED at £4.2m based on Net Assets of £1.6m and 2.63x industry multiple (adjusted for liquidity).
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Progressive Energies Limited Overview
Progressive Energies Limited is a live company located in london, EC2V 7EE with a Companies House number of 07596186. It operates in the production of electricity sector, SIC Code 35110. Founded in April 2011, it's largest shareholder is aei holdco limited with a 100% stake. Progressive Energies Limited is a established, micro sized company, Pomanda has estimated its turnover at £152.4k with declining growth in recent years.
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Progressive Energies Limited Health Check
Pomanda's financial health check has awarded Progressive Energies Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
5 Weak
Size
annual sales of £152.4k, make it smaller than the average company (£1.8m)
- Progressive Energies Limited
£1.8m - Industry AVG
Growth
3 year (CAGR) sales growth of -53%, show it is growing at a slower rate (10.8%)
- Progressive Energies Limited
10.8% - Industry AVG
Production
with a gross margin of 50%, this company has a higher cost of product (71%)
- Progressive Energies Limited
71% - Industry AVG
Profitability
an operating margin of 192.8% make it more profitable than the average company (51.1%)
- Progressive Energies Limited
51.1% - Industry AVG
Employees
with 1 employees, this is below the industry average (3)
- Progressive Energies Limited
3 - Industry AVG
Pay Structure
on an average salary of £78.6k, the company has an equivalent pay structure (£78.6k)
- Progressive Energies Limited
£78.6k - Industry AVG
Efficiency
resulting in sales per employee of £152.4k, this is less efficient (£449.6k)
- Progressive Energies Limited
£449.6k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Progressive Energies Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 420 days, this is slower than average (21 days)
- Progressive Energies Limited
21 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Progressive Energies Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 102 weeks, this is more cash available to meet short term requirements (9 weeks)
102 weeks - Progressive Energies Limited
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 7.2%, this is a lower level of debt than the average (90%)
7.2% - Progressive Energies Limited
90% - Industry AVG
PROGRESSIVE ENERGIES LIMITED financials
Progressive Energies Limited's latest turnover from December 2023 is estimated at £152.4 thousand and the company has net assets of £1.6 million. According to their latest financial statements, we estimate that Progressive Energies Limited has 1 employee and maintains cash reserves of £180.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 348,896 | 418,373 | ||||||||||
| Other Income Or Grants | ||||||||||||
| Cost Of Sales | 27,119 | 71,391 | ||||||||||
| Gross Profit | 321,777 | 346,982 | ||||||||||
| Admin Expenses | 134,798 | 192,174 | ||||||||||
| Operating Profit | 186,979 | 154,808 | ||||||||||
| Interest Payable | 136,019 | |||||||||||
| Interest Receivable | ||||||||||||
| Pre-Tax Profit | 186,979 | 18,789 | ||||||||||
| Tax | 62,772 | |||||||||||
| Profit After Tax | 186,979 | 81,561 | ||||||||||
| Dividends Paid | ||||||||||||
| Retained Profit | 186,979 | 81,561 | ||||||||||
| Employee Costs | ||||||||||||
| Number Of Employees | ||||||||||||
| EBITDA* | 283,867 | 277,739 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,271,701 | 1,368,588 | 1,465,476 | 1,562,364 | 1,659,252 | 1,756,140 | 1,853,028 | 1,949,916 | 2,072,847 | 2,170,816 | 2,274,210 | 2,300,083 |
| Intangible Assets | ||||||||||||
| Investments & Other | ||||||||||||
| Debtors (Due After 1 year) | ||||||||||||
| Total Fixed Assets | 1,271,701 | 1,368,588 | 1,465,476 | 1,562,364 | 1,659,252 | 1,756,140 | 1,853,028 | 1,949,916 | 2,072,847 | 2,170,816 | 2,274,210 | 2,300,083 |
| Stock & work in progress | 196,804 | |||||||||||
| Trade Debtors | 75,669 | 145,835 | 145,881 | 152,558 | 155,848 | 139,619 | 374,362 | |||||
| Group Debtors | 184,722 | 159,661 | 4,000 | |||||||||
| Misc Debtors | 83,340 | 79,060 | 136,625 | 138,490 | 145,097 | |||||||
| Cash | 180,562 | 179,193 | 125,696 | 135,677 | 155,961 | 159,411 | 153,803 | 124,025 | 155,196 | 75,297 | 146,101 | 136,797 |
| misc current assets | 95,471 | |||||||||||
| total current assets | 448,624 | 258,253 | 201,365 | 281,512 | 301,842 | 311,969 | 290,428 | 422,176 | 304,293 | 231,145 | 285,720 | 803,434 |
| total assets | 1,720,325 | 1,626,841 | 1,666,841 | 1,843,876 | 1,961,094 | 2,068,109 | 2,143,456 | 2,372,092 | 2,377,140 | 2,401,961 | 2,559,930 | 3,103,517 |
| Bank overdraft | ||||||||||||
| Bank loan | ||||||||||||
| Trade Creditors | 87,886 | 157,319 | 423,304 | 797,582 | 1,260,775 | 1,478,625 | 62,727 | 472,658 | 623,462 | 826,122 | ||
| Group/Directors Accounts | 3,920 | 50,219 | 1,613,168 | 2,190,379 | 230,934 | |||||||
| other short term finances | ||||||||||||
| hp & lease commitments | ||||||||||||
| other current liabilities | 18,312 | 110,137 | 11,268 | 12,322 | ||||||||
| total current liabilities | 91,806 | 225,850 | 423,304 | 797,582 | 1,260,775 | 1,478,625 | 1,786,032 | 2,201,647 | 243,256 | 472,658 | 623,462 | 826,122 |
| loans | 1,800,000 | 1,800,000 | ||||||||||
| hp & lease commitments | ||||||||||||
| Accruals and Deferred Income | ||||||||||||
| other liabilities | 1,800,000 | |||||||||||
| provisions | 32,152 | 32,152 | 32,152 | 2,045,000 | ||||||||
| total long term liabilities | 32,152 | 32,152 | 32,152 | 2,045,000 | 1,800,000 | 1,800,000 | 1,800,000 | |||||
| total liabilities | 123,958 | 258,002 | 455,456 | 797,582 | 1,260,775 | 1,478,625 | 1,786,032 | 2,201,647 | 2,288,256 | 2,272,658 | 2,423,462 | 2,626,122 |
| net assets | 1,596,367 | 1,368,839 | 1,211,385 | 1,046,294 | 700,319 | 589,484 | 357,424 | 170,445 | 88,884 | 129,303 | 136,468 | 477,395 |
| total shareholders funds | 1,596,367 | 1,368,839 | 1,211,385 | 1,046,294 | 700,319 | 589,484 | 357,424 | 170,445 | 88,884 | 129,303 | 136,468 | 477,395 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||
| Operating Profit | 186,979 | 154,808 | ||||||||||
| Depreciation | 96,887 | 96,888 | 96,888 | 96,888 | 96,888 | 96,888 | 122,931 | 97,969 | 98,201 | 98,824 | 54,951 | |
| Amortisation | ||||||||||||
| Tax | 62,772 | |||||||||||
| Stock | -196,804 | 196,804 | ||||||||||
| Debtors | 189,002 | 3,391 | -70,166 | -46 | -6,677 | 15,933 | -161,526 | 149,054 | -6,751 | 16,229 | -234,743 | 374,362 |
| Creditors | -69,433 | -265,985 | -374,278 | -463,193 | -217,850 | 1,415,898 | 62,727 | -472,658 | -150,804 | -202,660 | 826,122 | |
| Accruals and Deferred Income | -18,312 | 18,312 | -110,137 | 98,869 | -1,054 | 12,322 | ||||||
| Deferred Taxes & Provisions | 32,152 | -2,045,000 | 2,045,000 | |||||||||
| Cash flow from operations | 606,989 | -1,854,597 | ||||||||||
| Investing Activities | ||||||||||||
| capital expenditure | ||||||||||||
| Change in Investments | ||||||||||||
| cash flow from investments | ||||||||||||
| Financing Activities | ||||||||||||
| Bank loans | ||||||||||||
| Group/Directors Accounts | -46,299 | 50,219 | -1,613,168 | -577,211 | 1,959,445 | 230,934 | ||||||
| Other Short Term Loans | ||||||||||||
| Long term loans | -1,800,000 | 1,800,000 | ||||||||||
| Hire Purchase and Lease Commitments | ||||||||||||
| other long term liabilities | -1,800,000 | 1,800,000 | ||||||||||
| share issue | ||||||||||||
| interest | -136,019 | |||||||||||
| cash flow from financing | -577,211 | 1,823,426 | ||||||||||
| cash and cash equivalents | ||||||||||||
| cash | 1,369 | 53,497 | -9,981 | -20,284 | -3,450 | 5,608 | 29,778 | -31,171 | 79,899 | -70,804 | 9,304 | 136,797 |
| overdraft | ||||||||||||
| change in cash | 1,369 | 53,497 | -9,981 | -20,284 | -3,450 | 5,608 | 29,778 | -31,171 | 79,899 | -70,804 | 9,304 | 136,797 |
progressive energies limited Credit Report and Business Information
Progressive Energies Limited Competitor Analysis
Perform a competitor analysis for progressive energies limited by selecting its closest rivals, whether from the ELECTRICITY, GAS, STEAM AND AIR CONDITIONING SUPPLY sector, other micro companies, companies in EC2V area or any other competitors across 12 key performance metrics.
progressive energies limited Ownership
PROGRESSIVE ENERGIES LIMITED group structure
Progressive Energies Limited has no subsidiary companies.
Ultimate parent company
2 parents
PROGRESSIVE ENERGIES LIMITED
07596186
progressive energies limited directors
Progressive Energies Limited currently has 2 directors. The longest serving directors include Miss Helen Robinson (Aug 2021) and Mr Christopher Carlson (Dec 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Miss Helen Robinson | United Kingdom | 39 years | Aug 2021 | - | Director |
| Mr Christopher Carlson | United Kingdom | 47 years | Dec 2021 | - | Director |
P&L
December 2023turnover
152.4k
-45%
operating profit
293.9k
0%
gross margin
50%
+8.26%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
1.6m
+0.17%
total assets
1.7m
+0.06%
cash
180.6k
+0.01%
net assets
Total assets minus all liabilities
progressive energies limited company details
company number
07596186
Type
Private limited with Share Capital
industry
35110 - Production of electricity
incorporation date
April 2011
age
14
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
level 4 ldn:w, 3 noble street, london, EC2V 7EE
Bank
ROYAL BANK OF SCOTLAND(IOM)LTD
Legal Advisor
-
progressive energies 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 progressive energies limited.
progressive energies 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.
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progressive energies limited Companies House Filings - See Documents
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