PROGRESSIVE ENERGY LIMITED

38F SWAN HOUSE BONDS MILL, BRISTOL ROAD, STONEHOUSE, GLOUCESTERSHIRE, GL10 3RF

Company Number: 03620177
Incorporation date: 21-Aug-1998
Status: Active
Entity type: Private Limited Company

SIC codes:
20110 Manufacture of industrial gases
35110 Production of electricity
74909 Other professional, scientific and technical activities not elsewhere classified

SUMMARY

This company is 25.7 years old and is currently active. It is controlled by multiple entities. The company has positive equity (net assets) of GBP 3.3 million which has increased from GBP 3.1 million in the previous year. The latest reported revenue figure is GBP 11.7 million which is similar to the previous year's figure of GBP 11.7 million. The company has 4 active officers (directors or partners) who are or were officers of 21 other companies, 6 (28.6%) of which have since been dissolved or are proposed for strike off. The company has no public disputes filed on the Business Disputes Register. There are no court cases involving the company that we are aware of.

FINANCIALS (BETA)

Next accounts due: 30-Jun-2024
Accounts Filed: FULL (30-Sep-2022)

P&L Financials:

Year end	Currency	Revenue	Operating profit	Interest Received	Interest Paid	Tax	Net Profit GBP
30-Sep-2022	GBP	11,684,205	366,520	1,491	10,862	54,328	207,347
30-Sep-2021	GBP	11,728,758	2,204,953	66	2,244	99,611	2,103,164
30-Sep-2020	GBP						287,272
30-Sep-2019	GBP						311,058

No P&L data available

Balance Sheet Financials:

Year end	Currency	Cash	Current Assets	Current Liabilities	Debt	Share Capital	Premium Reserve	Retained Earnings	Net Assets
30-Sep-2022	GBP	1,098,470	6,168,480	3,584,766	93,750	1,589	103,235	3,210,275	3,315,228
30-Sep-2021	GBP	3,185,232	6,328,755	2,814,374	218,750	1,584	99,940	3,002,928	3,104,581
30-Sep-2020	GBP	955,443	3,007,681	2,021,366		1,412	99,940	899,764	1,001,245
01-Oct-2019	GBP					1,412	99,940	612,492	713,973
30-Sep-2019	GBP	349,286	1,116,901	413,280		1,412	99,940	612,492	713,973
01-Oct-2018	GBP					1,293	99,940	326,434	427,667

VALUATION EVENTS (BETA)

Year end	Currency	% Equity	Sum raised	Pre-Money Valuation*	Post-Money Valuation*	Enterprise Value**
30-Sep-2022	GBP	0.31%	3,300	1,045,440	1,048,740	-938,511
30-Sep-2021	GBP	10.86%	172	1,412	1,584	-1,959,465
30-Sep-2019	GBP	8.43%	119	1,293	1,412	-173,291

* Average valuation during the period
** Estimated based on average Cash and Debt levels during period

DISPUTES

No disputes filed on www.disputesregister.org

COMPANY SECRETARY

Status	Name	Appointed on	Resigned on	Occupation	Nationality	All apointments (active/resigned)
Active	David John HANSTOCK	21 Aug 1998	18 Apr 2024	Business Development Manager	British	2 - 11

DIRECTORS

Status	Name	Appointed on	Resigned on	Occupation	Nationality	All appointments (active/resigned)	Dissolved companies (rate)
Active	David John PARKIN	15 Apr 2019		Chartered Engineer	British	4 - 4	1 (12.5%)
Active	Christopher David John MANSON-WHITTON	08 Jul 2011		Director	British	3 - 1	0 (0.0%)
Resigned	Alan Charles LOVELL	13 May 2010	30 Jun 2022	Chartered Accountant	British	7 - 81	20 (22.7%)
Resigned	Brian Morrison, Dr COUNT	12 Jan 2007	29 Oct 2018	Director	British	2 - 48	19 (38.0%)
Resigned	John Graham ROTHWELL	01 Sep 1998	31 May 1999	Physicist	British	0 - 1	0 (0.0%)
Active	John Andrew Gordon BROWN	21 Aug 1998		Engineer	British	3 - 4	3 (42.9%)
Resigned	LONDON LAW SECRETARIAL LIMITED	21 Aug 1998	21 Aug 1998			1 - 13503	5383 (39.9%)
Resigned	LONDON LAW SERVICES LIMITED	21 Aug 1998	21 Aug 1998			1 - 10993	4583 (41.7%)
Resigned	Julian Jonathan Onochie OKOYE	21 Aug 1998	09 Jul 1999	Engineer	British	2 - 2	0 (0.0%)
Active	David John HANSTOCK	21 Aug 1998		Business Development Manager	British	2 - 11	11 (84.6%)
Active	Peter Nigel WHITTON	21 Aug 1998		Business Development Manager	British	2 - 8	6 (60.0%)

Number of active directors: 5
Average tenure of active directors: 19.0 years
Average tenure of resigned directors: 4.3 years
Average active director Dissolution Rate: 40.0%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name	David John PARKIN	Christopher David John MANSON-WHITTON	John Andrew Gordon BROWN	David John HANSTOCK	Peter Nigel WHITTON
THE INCORPORATED BENEVOLENT FUND OF THE INSTITUTION OF GAS ENGINEERS AND MANAGERS (00719504) - Active	✔
PROGRESSIVE ENERGY LIMITED (03620177) - Active	✔	✔	✔	✔	✔
WAVERLEY MEDIA LTD (03683874) - Active			✔
CHRISTIAN FAMILIES EDUCATING TOGETHER (04150003) - Dissolved			✔
PENNANT WIND LIMITED (04150125) - Dissolved				✔	✔
VALLEYS ENERGY LIMITED (04164093) - Dissolved			✔	✔	✔
EUROPEAN ENERGY VENTURES LIMITED (04189821) - Dissolved				✔	✔
COASTAL ENERGY LIMITED (04421942) - Dissolved			✔	✔	✔
LOCAL ISSUES LIMITED (04554921) - Active			✔
MANSON-WHITTON LIMITED (04636404) - Active		✔
ENERGY NETWORKS ASSOCIATION LIMITED (04832301) - Active	✔
PENNANT WALTERS (PANT Y WAL) LIMITED (05354749) - Active					✔
CHRISTIAN CITY CHURCH - CHELTENHAM (05382264) - Active			✔
ADVANCED PLASMA POWER LIMITED (05633910) - Active	✔
THE CARBON CAPTURE AND STORAGE ASSOCIATION (05650208) - Active					✔
COOTS LTD (05949882) - Dissolved				✔	✔
GO GREEN FUELS LTD (06423856) - Active	✔
PENNANT WALTERS (PYWX) LIMITED (08314927) - Active					✔
EREBUS ENERGY CONSULTING LIMITED (11551817) - Dissolved	✔
PROGRESSIVE ENERGY NORTHWEST LIMITED (12031667) - Active	✔	✔
PROGRESSIVE ENERGY NET ZERO A LIMITED (14180077) - Active	✔
PROGRESSIVE ENERGY HOLDINGS LIMITED (14843419) - Active		✔

SHAREHOLDERS (BETA)

No shareholder data available

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES

25-50%:Mr David John Hanstock - ceased
25-50%:Mr Peter Nigel Whitton - ceased

Controlling entities above

PROGRESSIVE ENERGY LIMITED

Controlled companies below

25-50%:ADVANCED PLASMA POWER GLOBAL INVESTMENTS LIMITED (06423858 - UK) ceased
>75%:PROGRESSIVE ENERGY NORTHWEST LIMITED (12031667 - UK) active

LATE PAYMENTS REPORT

This company has not filed any late payment reports possibly because it is not considered \'Large\'.

COURT CASES

No Court Cases found

PATENTS

Title	Date filed	Status	Publication number
Reducing emissions	2011-09-13	Pending	GB2494639
Processing waste gas	2008-11-24	Granted	GB2467292
Power generation apparatus	1997-11-04	Ceased	GB2331128

COMPETITORS

(Based on Sic code: 20110 Manufacture of industrial gases)

Company	Registered Address	Company Number	YE Date	Revenue GBP	Net Profit GBP	Other SIC codes
BOC LIMITED	FORGE, 43 CHURCH STREET WEST, WOKING, SURREY, ENGLAND, GU21 6HT	00337663	2017-12-31	743,000,000	136,800,000
AIR PRODUCTS PUBLIC LIMITED COMPANY	HERSHAM PLACE TECHNOLOGY PARK, MOLESEY ROAD, WALTON ON THAMES, SURREY, KT12 4RZ	00103881	2018-09-30	487,201,000	87,466,000
INOVYN CHLORVINYLS LIMITED	BANKES LANE OFFICE, BANKES LANE, RUNCORN, CHESHIRE, UNITED KINGDOM, WA7 4EL	04068812	2017-12-31	412,400,000	8,300,000	20130-Manufacture of other inorganic basic chemicals 20140-Manufacture of other organic basic chemicals
MEXICHEM UK LIMITED	THE HEATH BUSINESS & TECHNICAL PARK, RUNCORN, CHESHIRE, WA7 4QX	07088219	2017-12-31	130,813,000	28,201,000
AIR PRODUCTS (BR) LIMITED	HERSHAM PLACE TECHNOLOGY PARK, MOLESEY ROAD, WALTON ON THAMES, SURREY, KT12 4RZ	02532156	2017-09-30	90,896,000	23,157,000
RUNCORN MCP LIMITED	BANKES LANE OFFICE, BANKES LANE, RUNCORN, CHESHIRE, UNITED KINGDOM, WA7 4EL	09117961	2017-12-31	77,900,000	600,000	20130-Manufacture of other inorganic basic chemicals

LIQUIDATION RISK (BETA)

This company is Active. Statistically, Active companies have a low probability of being liquidated within a year.
Here are our probability predictions:

Basis	Liquidation within 3 months	Liquidation within 6 months	Liquidation within 12 months	Prediction confidence
PROGRESSIVE ENERGY LIMITED	0.8%	3.7%	7.6%	Medium
Other companies Active in the same sector	Too few competitors


Age	0.3%	1.3%	2.4%	Medium
Company Type	0.7%	3.7%	7.4%	Medium
Accounts category	0.7%	2.2%	3.8%	Medium
Accounting Month	0.7%	4.4%	10.6%	Medium
Sic code count	0.8%	4.4%	8.7%	Medium