# PROGRESS LIFTS LTD (12448463)

> PROGRESS LIFTS LTD is an active private limited company (company number 12448463) incorporated on 7 February 2020, registered in Hornchurch. Its registered activity is other building completion and finishing (SIC 43390). Latest small accounts cover the period ending 28 February 2026, showing net assets of £13k and cash of £1,272, with 2 employees on average. Net assets rose 59% on the prior period (£8,292). Across the last 3 periods on record the net-asset trend is rising.

- Status: Active
- Incorporated: 2020-02-07
- Registered office: Hornchurch, RM12 4RY
- SIC 43390: Other building completion and finishing
- Next accounts due: 2027-11-28
- Confirmation statement due: 2027-02-21
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the upper half of 4,674 comparable companies in Greater London (median £4,874, upper quartile £26k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2026-02-28 | £13k | £1,272 | £14k | £13k | — | — | 2 |
| 2025-02-28 | £8,292 | £969 | £18k | £10k | — | — | 1 |
| 2024-02-29 | £3,477 | £4,268 | £6,463 | £7,254 | — | — | 1 |

current ratio 1.15; net assets trend rising; size band micro.

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

- Net assets above zero: Net assets £13,210 at 28 February 2026
- Net assets up 10% or more on the prior period: +59.3% vs prior period
- Three or more accounting periods on record: 3 periods on record
- Incorporated five or more years ago: Incorporated 7 February 2020

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

## Persons with significant control

- Mr Andrej Gorbaciov — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors, since 2020-07-06

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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/12448463
HTML: https://firmoscan.com/company/12448463-progress-lifts-ltd