# PROGRESSIVE AUTOMOTIVE LTD (14229819)

> PROGRESSIVE AUTOMOTIVE LTD is an active private limited company (company number 14229819) incorporated on 12 July 2022, registered in Newbury. Its registered activity is manufacture of other parts and accessories for motor vehicles (SIC 29320). Latest small accounts cover the period ending 30 September 2025, showing net assets of £16k and cash of £17k, with 2 employees on average. Net assets rose 1724% on the prior period (£856).

- Status: Active
- Incorporated: 2022-07-12
- Registered office: Newbury, RG14 5TS
- SIC 29320: Manufacture of other parts and accessories for motor vehicles
- Next accounts due: 2027-06-30
- Confirmation statement due: 2027-07-26
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the upper half of 1,391 comparable companies in the UK (median £313, upper quartile £43k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-09-30 | £16k | £17k | £82k | £172k | — | — | 2 |
| 2024-09-30 | £856 | £24k | £8,909 | £172k | — | — | 2 |

current ratio 0.58; size band micro.

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

- Net assets above zero: Net assets £15,610 at 30 September 2025
- Net assets up 10% or more on the prior period: +1723.6% vs prior period
- Current assets below creditors within one year: Current ratio 0.58
- Incorporated two to five years ago: Incorporated 12 July 2022

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

## Persons with significant control

- Progressive Investments (Newbury) Ltd (corporate-entity) — owns 25–50% of shares; holds 25–50% of voting rights, since 2023-12-31
- Asil Investments Limited (corporate-entity) — owns 25–50% of shares; holds 25–50% of voting rights, since 2023-12-31

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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/14229819
HTML: https://firmoscan.com/company/14229819-progressive-automotive-ltd