PROGRESS FINANCE LTD

Company number 12128831 · Active (Active - Proposal to Strike off)

PROGRESS FINANCE LTD is a private limited company registered in LEAMINGTON SPA, United Kingdom, incorporated on 30 Jul 2019. Its registered activity is financial leasing. Its latest published accounts for the period ending 31 Jul 2025 show equity of −£23k, total assets of £235k. It has filed 5 sets of accounts, 4 of them after the deadline. Our model estimates a 0.00 % probability that it becomes insolvent within 12 months, 0.0 times the average for active companies (low risk).

Insolvency risk, next 12 months

0.00 %
Low risk
Lowest riskHighest risk

Higher than 76 % of active companies in the United Kingdom. 0.0× the average annual insolvency rate (0.12 %).

Raises the risk

Equity (signed log)4.0×< -4.26854 · 0.47 % became insolvent
Share of filings late3.6×≥ 0.666667 · 0.42 % became insolvent
Accounts filed2.9×3–6 · 0.34 % became insolvent
Equity ratio2.8×-0.882818–0.00404851 · 0.33 % became insolvent
Late filings2.5×≥ 2 · 0.29 % became insolvent
Total assets (log)2.4×4.74546–5.45007 · 0.28 % became insolvent

Lowers the risk

Accounts type0.1×dormant · 0.01 % became insolvent
Current liabilities ÷ assets0.3×< 0.010552 · 0.03 % became insolvent
Employees0.4×0–1 · 0.05 % became insolvent
Industry0.4×64 · 0.05 % became insolvent
Accounts overdue0.8×0 · 0.09 % became insolvent
Region0.8×CV · 0.10 % became insolvent

Each factor compares companies in the same group (for example the same age band) with the average. The score is a statistical estimate from public data (model AUC 0.99, trained 8 Nov 2026), not a credit rating. How it works.

Company details

Company number
12128831 · official register
Status
Active - Proposal to Strike off
Legal form
Private Limited Company
Incorporated
30 Jul 2019 (7 years)
Registered address
CV31 3PL LEAMINGTON SPA
Postcode area
Coventry
Activity
64910 Financial leasing
Industry
Financial services
Accounts overdue
No

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts GBP

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 Jul 202515 Nov 2025– –−£23k£235k £0–0
31 Jul 202415 Nov 2025– –−£23k£235k £0–0
31 Jul 202215 Feb 2025– –−£23k£253k £0–0
31 Jul 202115 Jul 2022– –−£23k£258k £1–0
31 Jul 202015 Aug 2021– –−£16k£156k £1–1

As published. Small companies often file a balance sheet only, so turnover and result can be missing.

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Questions about PROGRESS FINANCE LTD

What is the company number of PROGRESS FINANCE LTD?

PROGRESS FINANCE LTD is registered under company number 12128831 in the official register of United Kingdom. View it at the official register.

Is PROGRESS FINANCE LTD still active?

Yes. PROGRESS FINANCE LTD is registered as active (status: Active - Proposal to Strike off).

Has PROGRESS FINANCE LTD gone bankrupt or into insolvency?

No insolvency, bankruptcy or administration is recorded for PROGRESS FINANCE LTD in the official data.

How likely is PROGRESS FINANCE LTD to become insolvent?

Our model estimates a 0.00 % probability that PROGRESS FINANCE LTD becomes insolvent within the next 12 months (low risk). That is higher than 76 % of active companies in the United Kingdom.

When was PROGRESS FINANCE LTD founded?

PROGRESS FINANCE LTD was incorporated on 30 Jul 2019.

Where is PROGRESS FINANCE LTD registered?

PROGRESS FINANCE LTD's registered address is in CV31 3PL LEAMINGTON SPA (Coventry), United Kingdom.

What do the latest accounts of PROGRESS FINANCE LTD show?

The latest published accounts (period ending 31 Jul 2025) show equity of −£23k, total assets of £235k, 0 employees.

Data: Companies House – Free Company Data Product, Accounts Data Product, Public Data API (Contains public sector information licensed under the Open Government Licence v3.0.). Last updated 8 Nov 2026.