# PROGRESSIVE ENERGY LIMITED (03620177)

> PROGRESSIVE ENERGY LIMITED is an active private limited company (company number 03620177) incorporated on 21 August 1998, registered in Stonehouse. Its registered activity is manufacture of industrial gases (SIC 20110). Latest medium accounts cover the period ending 30 September 2025, showing net assets of £3.39m and cash of £168k, with 36 employees on average. Turnover was £3.07m and profit for the year £1.39m. Net assets fell 25% on the prior period (£4.54m).

- Status: Active
- Incorporated: 1998-08-21
- Registered office: Stonehouse, GL10 3RF
- SIC 20110: Manufacture of industrial gases
- SIC 35110: Production of electricity
- SIC 74909: Other professional, scientific and technical activities n.e.c.
- Next accounts due: 2027-06-30
- Confirmation statement due: 2027-09-04
- Accounts type: MEDIUM

By net assets it sits in the top quarter of 94 comparable companies in the UK (median £100, upper quartile £75k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-09-30 | £3.39m | £168k | — | — | £3.07m | £1.39m | 36 |
| 2024-09-30 | £4.54m | £456k | — | — | £6.15m | −£105k | 37 |
| 2023-09-30 | — | — | — | — | — | — | — |

net margin 45.1%; size band small.

## Filing and accounts signals (facts, not a rating)

- Net assets above zero: Net assets £3,388,307 at 30 September 2025
- Net assets down 25% or more on the prior period: -25.3% vs prior period
- Cash at bank of £50,000 or more: Cash £167,681
- Three or more accounting periods on record: 3 periods on record
- Incorporated five or more years ago: Incorporated 21 August 1998

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Progressive Energy Holdings Limited (corporate-entity) — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors, since 2024-03-27

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/03620177
HTML: https://firmoscan.com/company/03620177-progressive-energy-limited