# PROGRESSIVE POWER SOLUTIONS LTD (15235792)

> PROGRESSIVE POWER SOLUTIONS LTD is an active private limited company (company number 15235792) incorporated on 25 October 2023, registered in London. Its registered activity is construction of utility projects for electricity and telecommunications (SIC 42220). Latest small accounts cover the period ending 31 October 2025, showing net assets of £12k and cash of £24k, with 1 employee on average. Net assets rose 4465% on the prior period (£270).

- Status: Active
- Incorporated: 2023-10-25
- Registered office: London, EC1V 2NZ
- SIC 42220: Construction of utility projects for electricity and telecommunications
- Next accounts due: 2027-07-31
- Confirmation statement due: 2026-11-08
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the upper half of 266 comparable companies in London (median £733, upper quartile £30k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-10-31 | £12k | £24k | £619 | £12k | — | — | 1 |
| 2024-10-31 | £270 | £10k | £52 | £10k | — | — | 1 |

current ratio 2.03; size band micro.

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

- Net assets above zero: Net assets £12,325 at 31 October 2025
- Net assets up 10% or more on the prior period: +4464.8% vs prior period
- Current assets at least 1.5× creditors within one year: Current ratio 2.03
- Incorporated two to five years ago: Incorporated 25 October 2023

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

## Persons with significant control

- Mr Marc Douglas Hedley — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors, since 2023-10-25

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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/15235792
HTML: https://firmoscan.com/company/15235792-progressive-power-solutions-ltd