Progressive Contracts Limited in Sevenoaks, TN15 7SW

Description

Data updated on: 01-11-2023

Progressive Contracts has been on the market for at least 20 years. Registered under 05237824, it is listed as a Private Limited Company. You may find the main office of this firm during business times under the following location: Units 1-4 Sherwood Yard Maidstone Road Wrotham Heath, TN15 7SW Sevenoaks. The Progressive Contracts Limited business functioned under three different names in the past. It first started as Aggressive Productions to be switched to Progressive Construction (welling) on Thu, 8th Feb 2018. The company's third registered name was current name up till 2007. The firm's declared SIC number is 71129 and their NACE code stands for Other engineering activities. The firm's most recent annual accounts describe the period up to Thursday 31st March 2022 and the most recent confirmation statement was released on Friday 22nd September 2023.

When it comes to the following company's executives data, since 2004 there have been two directors: Denise G. and Dean O.. To support the directors in their duties, the limited company has been using the skills of Dean O. as a secretary since November 2009.

Previous company's names
Progressive Contracts Limited 2018-02-08
Aggressive Productions Limited 2010-03-23
Progressive Construction (welling) Limited 2007-05-14
Progressive Construction Limited 2004-09-22

Financial data based on annual reports

Profit & Loss
Date of Accounts	2019-03-31	2020-03-31	2021-03-31	2022-03-31	2023-03-31
Currency

Balance Sheet
Cash Bank On Hand	1 490	2 623	1 036	34 833	21 846
Current Assets	39 638	4 380	4 413	83 514	45 496
Debtors	38 148	4 058	3 377	48 681	23 650
Net Assets Liabilities	30 058	-27 266	-104 454	-47 064	-22 080
Other Debtors	24 859	2 301		43 271	10 917
Property Plant Equipment	1 179	982	4 985	4 154	3 448

Other Financial Data
Version Production Software			2 021		2 023
Accrued Liabilities		3 000		1 870	8 000
Accumulated Depreciation Impairment Property Plant Equipment	236	433	1 430	2 261	3 134
Additions Other Than Through Business Combinations Property Plant Equipment			5 000		167
Average Number Employees During Period	2	2
Balances Amounts Owed To Related Parties		25 878
Bank Borrowings				47 794	61 825
Bank Borrowings Overdrafts			73 900	30 820
Creditors	10 535	6 563	75 214	40 696	1 012
Increase From Depreciation Charge For Year Property Plant Equipment		197	997	831	873
Net Current Assets Liabilities	29 103	-28 061	-70 801	42 818	44 484
Other Creditors	3 000	28 878	1 314	1 313	1 312
Property Plant Equipment Gross Cost	1 415	1 415	6 415	6 415	6 582
Provisions For Liabilities Balance Sheet Subtotal	224	187
Recoverable Value-added Tax			3 377		1 795
Taxation Including Deferred Taxation Balance Sheet Subtotal		187	187	187	187
Taxation Social Security Payable	530			2 045	-300
Total Assets Less Current Liabilities	30 282	-27 079	-65 816	46 972	47 932
Trade Creditors Trade Payables		5 864
Trade Debtors Trade Receivables	13 289	1 757		5 410	10 938
Value-added Tax Payable		-2 301		4 648
Amount Specific Advance Or Credit Directors	24 859	-25 878
Amount Specific Advance Or Credit Made In Period Directors		1 855
Amount Specific Advance Or Credit Repaid In Period Directors		-52 592

Company staff

Dean O.

Role: Secretary

Appointed: 27 November 2009

Latest update: 17 April 2024