PROGRESS TEACHING LIMITED Financials
- Company number
- 12872957CopyCopy
- Registered office
- 86-90 Paul Street, London EC2A 4NE
- Incorporated
- 11/09/2020
Company snapshot
- Status
- Active
- Employees
- 12 (2024)
- Latest financial data
- 2024
- Accounts type
- Micro Entity
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-41.39%vs 20232023: £-1.80M
Total Assets
10.03%vs 20232023: £183.77K
Cash in Bank
303.74%vs 20212021: £10.62K
Total Liabilities
38.48%vs 20232023: £1.98M
Employees
+3vs 20232023: 9
In 2024, PROGRESS TEACHING LIMITED reported net assets of £-2.54M. The same filing shows total assets of £202.19K, cash in bank of £42.87K and total liabilities of £2.74M. Reported headcount was 12 in 2024. Total Liabilities rose from £1.98M in 2023 to £2.74M in 2024 (38.48%). Okredo holds filed figures for 2021–2024; the table below lists every reported indicator by year. See every reported indicator by year.
Financial performance
Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.
Net Assets
-41.39%from £-1.80M in 2023Year-on-year change
Net Assets as filed for 2021–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures PROGRESS TEACHING LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
Decreasedvs 2022Total Assets
-12.4%vs 2022-6.4% a year compound (CAGR)
Total Liabilities
+98.6%vs 2022+40.9% a year compound (CAGR)
Employees
+33.3%vs 2022+3Biggest increase
Total Liabilities+98.6%
£1.38M in 2022 to £2.74M in 2024
Biggest decrease
Total Assets-12.4%
£230.88K in 2022 to £202.19K in 2024
PROGRESS TEACHING LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, set against a fall in total assets, pointing to a narrowing asset base. See the full year-by-year figures.
Ratios from the filed figures
Calculated from PROGRESS TEACHING LIMITED's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.
- Net assets to total assets
- -1,257.12%2024
- Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
- Liabilities to total assets
- 1,357.12%2024
- Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
- Cash to liabilities
- 3.10%2022
- Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
- Cash to total assets
- 18.57%2022
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for PROGRESS TEACHING LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | -757.01K | -1.16M | -1.80M | -2.54M |
| Total Assets£ | 251.04K | 230.88K | 183.77K | 202.19K |
| Cash in Bank£ | 10.62K | 42.87K | – | – |
| Total Liabilities£ | 999.69K | 1.38M | 1.98M | 2.74M |
| Employees | 9 | 9 | 9 | 12 |
PROGRESS TEACHING LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for PROGRESS TEACHING LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
PROGRESS TEACHING LIMITED reported net assets of £-2.54M for 2024. That compares with £-1.80M in 2023, a change of -41.39%.
PROGRESS TEACHING LIMITED reported total assets of £202.19K for 2024. That compares with £183.77K in 2023, a change of 10.03%.
PROGRESS TEACHING LIMITED reported cash in bank of £42.87K for 2022. That compares with £10.62K in 2021, a change of 303.74%.
PROGRESS TEACHING LIMITED reported 12 employees in 2024, compared with 9 in 2023.
Between 2022 and 2024, PROGRESS TEACHING LIMITED's total assets fell by 12.4%, total liabilities rose by 98.6% and employee numbers rose by 33.3%. Total assets contracted at 6.4% a year across the two years to 2024, from £230.88K to £202.19K. Reported headcount went from 9 in 2022 to 12 in 2024 (+3).
Okredo holds reported figures for the years 2021, 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.