# PROGRESSIVE TOOL DESIGN LIMITED (05291689)

> PROGRESSIVE TOOL DESIGN LIMITED is an active private limited company (company number 05291689) incorporated on 19 November 2004, registered in Rhyl. Its registered activity is manufacture of tools (SIC 25730). Latest small accounts cover the period ending 31 March 2025, showing net assets of £297k and cash of £234k, with 0 employees on average. Net assets fell 17% on the prior period (£356k).

- Status: Active
- Incorporated: 2004-11-19
- Registered office: Rhyl, LL18 2TT
- SIC 25730: Manufacture of tools
- Next accounts due: 2026-12-31
- Confirmation statement due: 2026-12-03
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the top quarter of 114 comparable companies in Other (median £22k, upper quartile £170k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-03-31 | £297k | £234k | £169k | £508k | — | — | 0 |
| 2024-03-31 | £356k | £281k | £109k | £423k | — | — | 0 |

current ratio 0.79; size band micro.

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

- Net assets above zero: Net assets £296,523 at 31 March 2025
- Current assets below creditors within one year: Current ratio 0.79
- Cash at bank of £50,000 or more: Cash £233,719
- Incorporated five or more years ago: Incorporated 19 November 2004

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

## Persons with significant control

- Mr Darren Foster — owns 25–50% of shares; holds 25–50% of voting rights, since 2016-04-06
- Mr Nathan Lewis — owns 25–50% of shares; holds 25–50% of voting rights, since 2019-11-12

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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/05291689
HTML: https://firmoscan.com/company/05291689-progressive-tool-design-limited