Progress Vehicle Management Limited in Knockholt, TN14 7NL

Description

Data updated on: 01-11-2023

The exact day this firm was started is 2000-04-10. Established under company registration number 03969191, this firm is listed as a Private Limited Company. You may visit the office of this firm during business times under the following address: Progress Business Park Hillside Rushmore Hill, TN14 7NL Knockholt. Launched as Progress Vehicle Hire, this business used the name up till 2000-11-16, at which point it got changed to Progress Vehicle Management Limited. This company's declared SIC number is 74909 which means Other professional, scientific and technical activities not elsewhere classified. Progress Vehicle Management Ltd reported its latest accounts for the financial year up to 2022-06-30. The most recent annual confirmation statement was submitted on 2023-10-31.

Progress Vehicle Management Ltd is a small-sized vehicle operator with the licence number OK1083761. The firm has one transport operating centre in the country. In their subsidiary in Croydon on Peterwood Way, 6 machines are available.

Having four recruitment announcements since Monday 2nd November 2015, the corporation has been a relatively active employer on the employment market. On Wednesday 14th December 2016, it started searching for new employees for a Claims Handler - Motor Claims post in Croydon, and on Monday 2nd November 2015, for the vacant post of a First Notification of Loss Handler - Motor Claims in Croydon.

According to the data we have, the firm was founded 24 years ago and has so far been presided over by eight directors, out of whom three (Christopher H., Gary M. and Brian K.) are still participating in the company's duties.

Previous company's names
Progress Vehicle Management Limited 2000-11-16
Progress Vehicle Hire Limited 2000-04-10

Financial data based on annual reports

Profit & Loss
Date of Accounts	2012-06-30	2013-06-30	2014-06-30	2015-06-30	2016-06-30	2017-06-30	2018-06-30	2019-06-30	2020-06-30	2021-06-30	2022-06-30	2023-06-30
Currency
Net Worth	1 442 407	1 561 215	1 666 226	1 737 160	1 800 688

Balance Sheet
Cash Bank On Hand					26 213	156 185	35 185	23 873	1 345 700	660 644	27 298	83 844
Current Assets	1 875 668	2 221 241	2 244 466	2 326 407	2 229 375	2 516 604	2 801 210	3 781 508	4 283 303	5 528 627	3 145 508	2 446 576
Debtors	1 858 522	2 202 163	2 143 429	2 308 014	2 203 162	2 360 419	2 766 025	3 757 635	2 937 603	4 867 983	3 118 210	2 362 732
Net Assets Liabilities					1 800 688	1 886 029	2 008 606	1 810 436	1 976 531	2 114 789	1 400 736	1 487 992
Other Debtors							1 184 540	1 593 642	1 708 526	2 662 762	1 144 155	65 623
Property Plant Equipment					1 604 885	2 074 238	2 006 279	1 364 987	1 236 172	1 427 194	1 901 788	2 552 863
Cash Bank In Hand	17 146	19 078	101 037	18 393	26 213
Net Assets Liabilities Including Pension Asset Liability	1 442 407	1 561 215	1 666 226	1 737 160	1 800 688
Tangible Fixed Assets	940 234	870 418	1 185 069	1 464 332	1 604 885

Capital & Reserves
Called Up Share Capital	1 000	1 000	1 000	1 000	1 000
Profit Loss Account Reserve	1 441 407	1 560 215	1 665 226	1 736 160	1 799 688
Shareholder Funds	1 442 407	1 561 215	1 666 226	1 737 160	1 800 688

Other Financial Data
Accumulated Depreciation Impairment Property Plant Equipment					1 529 953	1 622 247	1 986 171	2 502 698	2 895 127	3 018 292	2 894 063	3 701 853
Additions Other Than Through Business Combinations Property Plant Equipment						1 281 710	870 643	234 065	581 216	791 365	1 181 206	1 636 227
Amounts Owed By Related Parties									354 227		883 570	220 505
Amounts Owed To Group Undertakings											160 000
Average Number Employees During Period					50	50	60	61	61	67	68	76
Bank Borrowings Overdrafts					257 773	135 388	192 399	56 473	26 270	250 000	198 119	172 764
Carrying Amount Property Plant Equipment With Restricted Title					1 161 195	1 593 026	1 453 652
Corporation Tax Payable							108 927	108 982	186 989	250 302	192 254	131 244
Creditors					1 257 210	1 694 905	2 091 724	554 658	692 520	898 573	1 034 995	1 348 189
Deferred Tax Asset Debtors									16 956	16 956	49 836
Finance Lease Liabilities Present Value Total					629 324	889 104	967 568
Future Minimum Lease Payments Under Non-cancellable Operating Leases					1 576 288	1 557 403	2 244 974	2 427 393	1 662 951	1 302 251
Increase From Depreciation Charge For Year Property Plant Equipment						724 052	854 088	867 804	694 763	585 377	592 240	976 818
Net Current Assets Liabilities	903 875	1 221 946	1 129 715	962 613	972 165	821 699	709 486	1 000 107	1 432 879	1 586 168	533 943	297 042
Nominal Value Allotted Share Capital					1 000	1 000	1 000
Number Shares Allotted					1 000	1 000	1 000
Other Creditors					157 138	318 717	263 691	498 185	666 250	648 573	666 876	805 425
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment						631 758	490 164	351 277	302 334	462 212	716 469	169 028
Other Disposals Property Plant Equipment						720 063	574 678	358 830	317 602	477 178	830 841	177 362
Other Taxation Social Security Payable							170 432	434 932	324 506	611 079	170 000	370 000
Par Value Share					1	1	1
Prepayments Accrued Income					919 661	956 023	1 184 540
Property Plant Equipment Gross Cost					3 134 838	3 696 485	3 992 450	3 867 685	4 131 299	4 445 486	4 795 851	6 254 716
Provisions For Liabilities Balance Sheet Subtotal							17 447					13 724
Taxation Including Deferred Taxation Balance Sheet Subtotal					71 192	69 300	17 447
Taxation Social Security Payable					130 996	204 817	279 359
Total Assets Less Current Liabilities	1 844 109	2 092 364	2 314 784	2 426 946	2 577 050	2 895 937	2 715 765	2 615 094	2 669 051	3 013 362	2 435 731	2 849 905
Trade Creditors Trade Payables					81 979	146 879	388 707	451 869	276 229	448 994	321 650	177 211
Trade Debtors Trade Receivables					1 283 501	1 404 396	1 581 485	2 163 993	1 212 121	2 188 265	1 924 219	2 076 604
Transfers To From Non-current Assets Or Disposal Groups Held For Sale Property Plant Equipment											-62 663
Transfer To Non-current Assets Or Disposal Groups Held For Sale Decrease In Depreciation Impairment Property Plant Equipment											-48 564
Creditors Due After One Year	329 949	408 569	516 876	599 675	705 170
Creditors Due Within One Year	971 793	999 295	1 114 751	1 363 794	1 257 210
Provisions For Liabilities Charges	71 753	122 580	131 682	90 111	71 192
Fixed Assets	940 234	870 418	1 185 069	1 464 333
Tangible Fixed Assets Additions		518 770	883 701	987 890	926 587
Tangible Fixed Assets Cost Or Valuation	2 470 632	2 085 963	2 214 167	2 655 377	3 134 838
Tangible Fixed Assets Depreciation	1 530 398	1 215 545	1 029 097	1 191 045	1 529 953
Tangible Fixed Assets Depreciation Charged In Period		548 309	490 453	598 551	641 377
Tangible Fixed Assets Depreciation Decrease Increase On Disposals		863 162	676 901	436 605	302 469
Tangible Fixed Assets Disposals		903 439	755 498	546 680	447 126
Share Capital Allotted Called Up Paid				1 000	1 000