PROGRESSIVE BITS LTD
Company number 10640259 · Active · Olney MK46 5NL
PROGRESSIVE BITS LTD is an active private limited company (company number 10640259) incorporated on 27 February 2017, registered in Olney. Its registered activity is business and domestic software development (SIC 62012). Latest micro accounts cover the period ending 28 February 2026, showing net assets of −£5,993, with 1 employee on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets fell 89% on the prior period (−£3,176). Across the last 3 periods on record the net-asset trend is falling.
By net assets it sits in the bottom quarter of 560 comparable companies in Milton Keynes (median £2,430, upper quartile £40k).
Key dates
- Incorporated
- 27 February 2017
- Next accounts due
- 28 November 2027 — in 406 days
- Confirmation statement due
- 13 March 2027 — in 146 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
Activity
- SIC 62012
- Business and domestic software development
- SIC 62020
- Information technology consultancy activities
- SIC 62090
- Other information technology service activities
- Accounts type
- Micro Entity
- Size band
- Micro (Companies Act thresholds)
Financials — 3 periods on record, latest ending 28 February 2026
| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 28 February 2026 | −£5,993 | — | — | — | — | — | 1 |
| 28 February 2025 | −£3,176 | — | — | — | — | — | 1 |
| 28 February 2024 | −£628 | — | — | — | — | — | 0 |
Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing; micro-entity accounts contain no profit and loss account.
Firmoscan score: 40/100 (grade D)
- -15 Negative net assets — Net assets £-5,993 at 2026-02-28
- -8 Net assets falling — -88.7% vs prior period
- +5 Multi-year filing history — 3 periods on record
- +8 Established — Incorporated 2017-02-27 (10 years)
A transparent, rules-based score from filed data only: every point lists its evidence. It is not a credit rating or advice.
Ownership and control
- Mr Timothy Graham Preece — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors · since 27 February 2017
Persons with significant control hold 25% or more of shares or voting rights. Smaller shareholdings are only listed in confirmation-statement documents.
Similar companies in Milton Keynes
Same activity (business and domestic software development), closest in incorporation date.
- CODESMITH TECH LTD — Bedford, inc. Feb 2017
- DIDICI LIMITED — Bedford, inc. Mar 2017
- DENIZNS LTD — Milton Keynes, inc. Mar 2017
- EXPERTPOINT LTD. — Bedford, inc. Feb 2017
- BUSIBUD LTD — Milton Keynes, inc. Apr 2017
- HOJOSHI LTD — Milton Keynes, inc. Jan 2017
Reminders for PROGRESSIVE BITS LTD
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.