progression (portsmouth) limited
progression (portsmouth) limited Company Information
Company Number
11939853
Website
-Registered Address
55 chislehurst road, chislehurst, BR7 5NP
Industry
Buying and selling of own real estate
Telephone
-
Next Accounts Due
January 2025
Group Structure
View All
Directors
Daryl Thorpe5 Years
Shareholders
progression finance ltd 100%
progression (portsmouth) limited Estimated Valuation
Pomanda estimates the enterprise value of PROGRESSION (PORTSMOUTH) LIMITED at £160.6k based on a Turnover of £103.5k and 1.55x industry multiple (adjusted for size and gross margin).
progression (portsmouth) limited Estimated Valuation
Pomanda estimates the enterprise value of PROGRESSION (PORTSMOUTH) LIMITED at £0 based on an EBITDA of £-2.1k and a 3.78x industry multiple (adjusted for size and gross margin).
progression (portsmouth) limited Estimated Valuation
Pomanda estimates the enterprise value of PROGRESSION (PORTSMOUTH) LIMITED at £0 based on Net Assets of £-2.1k and 1.4x industry multiple (adjusted for liquidity).
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Progression (portsmouth) Limited Overview
Progression (portsmouth) Limited is a live company located in chislehurst, BR7 5NP with a Companies House number of 11939853. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in April 2019, it's largest shareholder is progression finance ltd with a 100% stake. Progression (portsmouth) Limited is a young, micro sized company, Pomanda has estimated its turnover at £103.5k with rapid growth in recent years.
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Progression (portsmouth) Limited Health Check
Pomanda's financial health check has awarded Progression (Portsmouth) Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
7 Weak
Size
annual sales of £103.5k, make it smaller than the average company (£873.5k)
- Progression (portsmouth) Limited
£873.5k - Industry AVG
Growth
3 year (CAGR) sales growth of 195%, show it is growing at a faster rate (2%)
- Progression (portsmouth) Limited
2% - Industry AVG
Production
with a gross margin of 27.1%, this company has a higher cost of product (68.7%)
- Progression (portsmouth) Limited
68.7% - Industry AVG
Profitability
an operating margin of -2.1% make it less profitable than the average company (33.2%)
- Progression (portsmouth) Limited
33.2% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
- Progression (portsmouth) Limited
4 - Industry AVG
Pay Structure
on an average salary of £37.3k, the company has an equivalent pay structure (£37.3k)
- Progression (portsmouth) Limited
£37.3k - Industry AVG
Efficiency
resulting in sales per employee of £103.5k, this is less efficient (£195k)
- Progression (portsmouth) Limited
£195k - Industry AVG
Debtor Days
it gets paid by customers after 104 days, this is later than average (26 days)
- Progression (portsmouth) Limited
26 days - Industry AVG
Creditor Days
its suppliers are paid after 48 days, this is slower than average (31 days)
- Progression (portsmouth) Limited
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Progression (portsmouth) Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Progression (portsmouth) Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 107%, this is a higher level of debt than the average (63.4%)
107% - Progression (portsmouth) Limited
63.4% - Industry AVG
PROGRESSION (PORTSMOUTH) LIMITED financials
Progression (Portsmouth) Limited's latest turnover from April 2023 is estimated at £103.5 thousand and the company has net assets of -£2.1 thousand. According to their latest financial statements, we estimate that Progression (Portsmouth) Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | |
|---|---|---|---|---|
| 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 | 1 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | |
|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 |
| Trade Debtors | 29,633 | 43,454 | 47,831 | 886 |
| Group Debtors | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 |
| total current assets | 29,633 | 43,454 | 47,831 | 886 |
| total assets | 29,633 | 43,454 | 47,831 | 886 |
| Bank overdraft | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 |
| Trade Creditors | 10,050 | 11,725 | 4,592 | 3,752 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 |
| total current liabilities | 10,050 | 11,725 | 4,592 | 3,752 |
| loans | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| other liabilities | 21,666 | 31,667 | 50,000 | 0 |
| provisions | 0 | 0 | 0 | 0 |
| total long term liabilities | 21,666 | 31,667 | 50,000 | 0 |
| total liabilities | 31,716 | 43,392 | 54,592 | 3,752 |
| net assets | -2,083 | 62 | -6,761 | -2,866 |
| total shareholders funds | -2,083 | 62 | -6,761 | -2,866 |
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 |
| Tax | ||||
| Stock | 0 | 0 | 0 | 0 |
| Debtors | -13,821 | -4,377 | 46,945 | 886 |
| Creditors | -1,675 | 7,133 | 840 | 3,752 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 |
| other long term liabilities | -10,001 | -18,333 | 50,000 | 0 |
| share issue | ||||
| interest | ||||
| cash flow from financing | ||||
| cash and cash equivalents | ||||
| cash | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 |
progression (portsmouth) limited Credit Report and Business Information
Progression (portsmouth) Limited Competitor Analysis
Perform a competitor analysis for progression (portsmouth) limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
progression (portsmouth) limited Ownership
PROGRESSION (PORTSMOUTH) LIMITED group structure
Progression (Portsmouth) Limited has no subsidiary companies.
Ultimate parent company
PROGRESSION (PORTSMOUTH) LIMITED
11939853
progression (portsmouth) limited directors
Progression (Portsmouth) Limited currently has 1 director, Mr Daryl Thorpe serving since Apr 2019.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Daryl Thorpe | England | 50 years | Apr 2019 | - | Director |
P&L
April 2023turnover
103.5k
-13%
operating profit
-2.1k
0%
gross margin
27.2%
-2.04%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2023net assets
-2.1k
-34.6%
total assets
29.6k
-0.32%
cash
0
0%
net assets
Total assets minus all liabilities
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progression (portsmouth) limited company details
company number
11939853
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
incorporation date
April 2019
age
5
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
incorporated
UK
address
55 chislehurst road, chislehurst, BR7 5NP
last accounts submitted
April 2023
progression (portsmouth) 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 progression (portsmouth) limited.
progression (portsmouth) limited Companies House Filings - See Documents
| date | description | view/download |
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