# THE PROGRESS TEAM LIMITED (12544431)

> THE PROGRESS TEAM LIMITED is an active private limited company (company number 12544431) incorporated on 2 April 2020, registered in Newport. Its registered activity is other business support service activities n.e.c. (SIC 82990). Latest micro accounts cover the period ending 31 March 2025, showing net assets of £249k, with 2 employees on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets fell 1% on the prior period (£250k).

- Status: Active
- Incorporated: 2020-04-02
- Registered office: Newport, NP20 4BG
- SIC 82990: Other business support service activities n.e.c.
- Next accounts due: 2026-12-31
- Confirmation statement due: 2027-04-16
- Accounts type: MICRO ENTITY

By net assets it sits in the top quarter of 1,682 comparable companies in Cardiff (median £1,000, upper quartile £30k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-03-31 | £249k | — | — | £38k | — | — | 2 |
| 2024-03-31 | £250k | — | — | £33k | — | — | 2 |

current ratio 7.59; size band micro.

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

- Net assets above zero: Net assets £248,790 at 31 March 2025
- Current assets at least 1.5× creditors within one year: Current ratio 7.59
- Incorporated five or more years ago: Incorporated 2 April 2020

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

## Persons with significant control

- Mr Paul David Cleverly — owns 25–50% of shares, since 2020-04-02
- Mrs Jenna Louise Cleverly — owns 25–50% of shares, since 2024-06-06

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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/12544431
HTML: https://firmoscan.com/company/12544431-the-progress-team-limited