PROGRESSIVE PARTS LTD Financials
- Company number
- 10424310CopyCopy
- Registered office
- Unit 3 Hammond Trade Centre Unit 3 Hammond Trade Centre, Reddish, Stockport, Greater Manchester SK4 1PQ
- Incorporated
- 12/10/2016
Company snapshot
- Status
- Active
- Employees
- 10 (2025)
- Latest financial data
- 2025
- Accounts type
- Unaudited abridged
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
95.77%vs 20242024: £80.24K
Total Assets
-27.04%vs 20242024: £744.99K
Cash in Bank
-42.39%vs 20242024: £286.50K
Total Liabilities
-44.86%vs 20242024: £624.37K
Employees
+2vs 20242024: 8
In 2025, PROGRESSIVE PARTS LTD reported net assets of £157.08K. The same filing shows total assets of £543.56K, cash in bank of £165.04K and total liabilities of £344.30K. Reported headcount was 10 in 2025. Total Liabilities fell from £624.37K in 2024 to £344.30K in 2025 (-44.86%). Okredo holds filed figures for 2021–2025; 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
95.77%from £80.24K in 2024Year-on-year change
Net Assets as filed for 2021–2025. Every figure in this chart is also in the financial history table.
3-year financial trend (2023–2025)
How the figures PROGRESSIVE PARTS LTD filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
+20.8%vs 2023+9.9% a year compound (CAGR)
Cash in Bank
-22.9%vs 2023-12.2% a year compound (CAGR)
Total Assets
-30%vs 2023-16.3% a year compound (CAGR)
Total Liabilities
-42.4%vs 2023-24.1% a year compound (CAGR)
Employees
0%vs 2023Biggest increase
Net Assets+20.8%
£130.08K in 2023 to £157.08K in 2025
Biggest decrease
Total Liabilities-42.4%
£598.21K in 2023 to £344.30K in 2025
PROGRESSIVE PARTS LTD's filings pull in both directions between 2023 and 2025. The steepest rise came in net assets, pointing to a strengthening balance sheet, set against a fall in total liabilities, pointing to lighter outstanding obligations. See the full year-by-year figures.
Ratios from the filed figures
Calculated from PROGRESSIVE PARTS LTD'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
- 28.90%2025
- 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
- 63.34%2025
- 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
- 47.94%2025
- 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
- 30.36%2025
- 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 PROGRESSIVE PARTS LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net Assets£ | 107.74K | 201.04K | 130.08K | 80.24K | 157.08K |
| Total Assets£ | 365.76K | 613.81K | 776.37K | 744.99K | 543.56K |
| Cash in Bank£ | 59.49K | 155.93K | 213.97K | 286.50K | 165.04K |
| Total Liabilities£ | 251.84K | 396.30K | 598.21K | 624.37K | 344.30K |
| Employees | 6 | 0 | 10 | 8 | 10 |
PROGRESSIVE PARTS LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for PROGRESSIVE PARTS LTD covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
PROGRESSIVE PARTS LTD reported net assets of £157.08K for 2025. That compares with £80.24K in 2024, a change of 95.77%.
PROGRESSIVE PARTS LTD reported total assets of £543.56K for 2025. That compares with £744.99K in 2024, a change of -27.04%.
PROGRESSIVE PARTS LTD reported cash in bank of £165.04K for 2025. That compares with £286.50K in 2024, a change of -42.39%.
PROGRESSIVE PARTS LTD reported 10 employees in 2025, compared with 8 in 2024.
Between 2023 and 2025, PROGRESSIVE PARTS LTD's net assets rose by 20.8%, cash in bank fell by 22.9%, total assets fell by 30% and total liabilities fell by 42.4%. Net assets compounded at 9.9% a year across the two years to 2025, from £130.08K to £157.08K. Reported headcount went from 10 in 2023 to 10 in 2025.
Okredo holds reported figures for the years 2021, 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.