Progress Green Ltd

Progress Green Ltd is a small, active company based in Chorley, UK, established twelve years ago in May 2012. The firm, with a real registered address, holds £60,102 in assets and is managed by a single director and owner—Jenkins Michael David. It operates in the specialised construction activities sector and is a irregular importer, with its last import of electrical machinery and equipment occurring in December 2017.

The company’s website is currently unavailable, making it difficult to determine its specific online presence or e-commerce activities. It's unclear if they have a dedicated online store or rely solely on offline sales and marketing efforts.

Financially, Progress Green Ltd presents a mixed picture. Current assets have decreased by 24%, dropping to £60,000, while net assets have fallen significantly by 40%, settling at £36,000. Bank cash has also declined by 7.3%, now at £54,000. Trade creditors have increased by 26%, reaching £25,000, and taxation and social security payable has jumped by 40%, now at £17,000. The company’s small size—meeting two of three conditions for being classified as small—helps it remain flexible, but the decline in equity is concerning. Although no auditor is mentioned, the financial statements are unaudited.

The decrease in debtors by 69% suggests a potential issue with collecting payments, or perhaps a shift in business practices. The increase in other creditors by 60% could indicate increased operational expenses. While the company’s solo founder structure allows for quick decision-making, it also means that the business is heavily reliant on the director's expertise and availability.

Registered in England/Wales under the registration number 08090768, with a registered address at PR7 6HP, England, Chorley, Lancashire, 37 Firbank, Euxton.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.