progressive valeting uk ltd
progressive valeting uk ltd Company Information
Company Number
08444268
Website
progressivevaleting.co.ukRegistered Address
c/o hilton consulting, studio 133, canalot studios, london, W10 5BN
Industry
Specialised cleaning services
Telephone
02089528607
Next Accounts Due
January 2025
Group Structure
View All
Directors
Rosemarie Bakry8 Years
Shareholders
rosemarie bakry 50%
eunice damon 50%
progressive valeting uk ltd Estimated Valuation
Pomanda estimates the enterprise value of PROGRESSIVE VALETING UK LTD at £426.9k based on a Turnover of £549.8k and 0.78x industry multiple (adjusted for size and gross margin).
progressive valeting uk ltd Estimated Valuation
Pomanda estimates the enterprise value of PROGRESSIVE VALETING UK LTD at £17.4k based on an EBITDA of £3.2k and a 5.41x industry multiple (adjusted for size and gross margin).
progressive valeting uk ltd Estimated Valuation
Pomanda estimates the enterprise value of PROGRESSIVE VALETING UK LTD at £78.5k based on Net Assets of £30.8k and 2.55x industry multiple (adjusted for liquidity).
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Progressive Valeting Uk Ltd Overview
Progressive Valeting Uk Ltd is a live company located in london, W10 5BN with a Companies House number of 08444268. It operates in the specialised cleaning services sector, SIC Code 81222. Founded in March 2013, it's largest shareholder is rosemarie bakry with a 50% stake. Progressive Valeting Uk Ltd is a established, small sized company, Pomanda has estimated its turnover at £549.8k with declining growth in recent years.
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Progressive Valeting Uk Ltd Health Check
Pomanda's financial health check has awarded Progressive Valeting Uk Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
3 Regular
4 Weak
Size
annual sales of £549.8k, make it larger than the average company (£144.8k)
- Progressive Valeting Uk Ltd
£144.8k - Industry AVG
Growth
3 year (CAGR) sales growth of -11%, show it is growing at a slower rate (8.8%)
- Progressive Valeting Uk Ltd
8.8% - Industry AVG
Production
with a gross margin of 29%, this company has a comparable cost of product (29%)
- Progressive Valeting Uk Ltd
29% - Industry AVG
Profitability
an operating margin of 0.2% make it less profitable than the average company (4.6%)
- Progressive Valeting Uk Ltd
4.6% - Industry AVG
Employees
with 4 employees, this is below the industry average (10)
4 - Progressive Valeting Uk Ltd
10 - Industry AVG
Pay Structure
on an average salary of £19.6k, the company has an equivalent pay structure (£19.6k)
- Progressive Valeting Uk Ltd
£19.6k - Industry AVG
Efficiency
resulting in sales per employee of £137.5k, this is more efficient (£34.3k)
- Progressive Valeting Uk Ltd
£34.3k - Industry AVG
Debtor Days
it gets paid by customers after 67 days, this is near the average (57 days)
- Progressive Valeting Uk Ltd
57 days - Industry AVG
Creditor Days
its suppliers are paid after 135 days, this is slower than average (36 days)
- Progressive Valeting Uk Ltd
36 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Progressive Valeting Uk Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 24 weeks, this is more cash available to meet short term requirements (14 weeks)
24 weeks - Progressive Valeting Uk Ltd
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 82.5%, this is a higher level of debt than the average (56%)
82.5% - Progressive Valeting Uk Ltd
56% - Industry AVG
PROGRESSIVE VALETING UK LTD financials
Progressive Valeting Uk Ltd's latest turnover from April 2023 is estimated at £549.8 thousand and the company has net assets of £30.8 thousand. According to their latest financial statements, Progressive Valeting Uk Ltd has 4 employees and maintains cash reserves of £68.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Dec 2014 | Mar 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 4 | 4 | 4 | 4 | 3 | 4 | 3 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Dec 2014 | Mar 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 5,956 | 2,792 | 1,032 | 4,569 | 8,901 | 12,543 | 6,135 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 5,956 | 2,792 | 1,032 | 4,569 | 8,901 | 12,543 | 6,135 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 11,250 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 101,692 | 126,164 | 94,074 | 133,007 | 148,122 | 175,427 | 122,763 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 9,672 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 68,157 | 70,122 | 368,698 | 228,288 | 37,509 | 87,627 | 91,841 | 100 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 169,849 | 205,958 | 462,772 | 361,295 | 196,881 | 263,054 | 214,604 | 100 | 0 | 0 |
| total assets | 175,805 | 208,750 | 463,804 | 365,864 | 205,782 | 275,597 | 220,739 | 100 | 0 | 0 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 12,044 | 0 | 0 | 0 |
| Bank loan | 0 | 49,580 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 144,974 | 1,488 | 390,688 | 295,235 | 144,092 | 15,139 | 9,910 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 128,102 | 0 | 0 | 0 | 200,546 | 163,248 | 0 | 0 | 0 |
| total current liabilities | 144,974 | 179,170 | 390,688 | 295,235 | 144,092 | 215,685 | 185,202 | 0 | 0 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 144,974 | 179,170 | 390,688 | 295,235 | 144,092 | 215,685 | 185,202 | 0 | 0 | 0 |
| net assets | 30,831 | 29,580 | 73,116 | 70,629 | 61,690 | 59,912 | 35,537 | 100 | 0 | 0 |
| total shareholders funds | 30,831 | 29,580 | 73,116 | 70,629 | 61,690 | 59,912 | 35,537 | 100 | 0 | 0 |
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Dec 2014 | Mar 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | ||||||||||
| Depreciation | 1,946 | 1,547 | 3,536 | 5,581 | 5,270 | 4,863 | 2,045 | 0 | ||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Tax | ||||||||||
| Stock | 0 | 0 | 0 | -11,250 | 11,250 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -34,144 | 41,762 | -38,933 | -15,115 | -27,305 | 52,664 | 122,763 | 0 | 0 | 0 |
| Creditors | 143,486 | -389,200 | 95,453 | 151,143 | 128,953 | 5,229 | 9,910 | 0 | 0 | 0 |
| Accruals and Deferred Income | -128,102 | 128,102 | 0 | 0 | -200,546 | 37,298 | 163,248 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||||
| Investing Activities | ||||||||||
| capital expenditure | ||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||
| Financing Activities | ||||||||||
| Bank loans | -49,580 | 49,580 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 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 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||
| interest | ||||||||||
| cash flow from financing | ||||||||||
| cash and cash equivalents | ||||||||||
| cash | -1,965 | -298,576 | 140,410 | 190,779 | -50,118 | -4,214 | 91,741 | 100 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | -12,044 | 12,044 | 0 | 0 | 0 |
| change in cash | -1,965 | -298,576 | 140,410 | 190,779 | -50,118 | 7,830 | 79,697 | 100 | 0 | 0 |
progressive valeting uk ltd Credit Report and Business Information
Progressive Valeting Uk Ltd Competitor Analysis
Perform a competitor analysis for progressive valeting uk ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in W10 area or any other competitors across 12 key performance metrics.
progressive valeting uk ltd Ownership
PROGRESSIVE VALETING UK LTD group structure
Progressive Valeting Uk Ltd has no subsidiary companies.
Ultimate parent company
PROGRESSIVE VALETING UK LTD
08444268
progressive valeting uk ltd directors
Progressive Valeting Uk Ltd currently has 1 director, Mrs Rosemarie Bakry serving since Apr 2016.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Rosemarie Bakry | United Kingdom | 55 years | Apr 2016 | - | Director |
P&L
April 2023turnover
549.8k
+12%
operating profit
1.3k
0%
gross margin
29%
-22.55%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2023net assets
30.8k
+0.04%
total assets
175.8k
-0.16%
cash
68.2k
-0.03%
net assets
Total assets minus all liabilities
progressive valeting uk ltd company details
company number
08444268
Type
Private limited with Share Capital
industry
81222 - Specialised cleaning services
incorporation date
March 2013
age
11
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
April 2023
previous names
N/A
accountant
-
auditor
-
address
c/o hilton consulting, studio 133, canalot studios, london, W10 5BN
Bank
-
Legal Advisor
-
progressive valeting uk 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 valeting uk ltd.
progressive valeting uk ltd Companies House Filings - See Documents
| date | description | view/download |
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