PROGRESSIVE POWER GENERATION LIMITED

Accounts Submitted 30 Jun 2025

Confirmation Statement Submitted 19 Jun 2025

Net assets £-264.35K £41.02K 2024 year on year

Total assets £0.00 £802.14K 2024 year on year

Total Liabilities £-960.38K £1.99M 2024 year on year

Charges 3

1 outstanding 2 satisfied

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Contact & Details

Contact

Update Details

Registered Address

10 Lower Thames Street London EC3R 6AF England

Credit Report

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Mutual Companies

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Financials

Period 1 Jan → 31 Dec 2024

Type Total Exemption Full

Next accounts 31 December 2025

Due by 30 September 2026 9 months

Net Assets, Total Assets & Total Liabilities (2014–2024)

Cash in Bank

£76.97k

Increased by £44.41k (+136%)

Net Assets

-£264.35k

Decreased by £41.02k (-18%)

Total Liabilities

-£960.38k

Decreased by £1.99M (-194%)

Turnover

N/A

Employees

N/A

Debt Ratio

N/A

Decreased by 128 (-100%)

Financial History

Revenue, profit, EBITDA and key financial figures

	2024 Dec Year End	2023 Dec Year End
P&L
Revenue	£142.3M	£128.7M
Gross Profit	£48.2M	£43.1M
Operating Profit	£22.4M	£19.8M
Net Profit	£18.1M	£15.9M
EBITDA	£31.5M	£28.2M
Assets
Cash	£24.7M	£21.3M
Total Assets	£89.4M	£82.1M
Liabilities
Total Liabilities	£45.2M	£41.8M
Key Metrics
Employees	1,247	1,156

Latest Revenue

£142.3M

Latest EBITDA

£31.5M

Cash Position

£24.7M

Funding

Fundraising & Grants

No fundraising or grants recorded

Investors (0)

No investor information available

Officers

3 active 8 resigned

Show resigned officers

						Status
Nuno Miguel Palhares Tome	Director	Portuguese	England	52	5 Oct 2022	Active
Saffron Hooper-kay	Director	British	England	35	5 Oct 2022	Active
Thames Street Services Limited	Corporate-director	United Kingdom	Unknown	—	17 Dec 2019	Active

Shareholders

Shareholders (4)


Downing Commercial Rooftop Limited	50.0%	240,000	B Ordinary 1p Shares	5 Jul 2023
Downing Commercial Rooftop Limited	50.0%	240,000	A Ordinary 1p Shares	5 Jul 2023
Bagnall Energy Limited	0.0%	0	B Ordinary 1p Shares	5 Jul 2023

Persons with Significant Control

Persons with Significant Control (1)

1 Active 5 Ceased

Downing Commercial Rooftop Limited

United Kingdom

Active

Notified 31 Mar 2023

Nature of Control

Ownership Of Shares 75 To 100 Percent
Voting Rights 75 To 100 Percent
Right To Appoint And Remove Directors

Bagnall Energy Limited

Ceased 31 Mar 2023

Ceased

Downing Four Vct Plc

Ceased 13 Feb 2018

Ceased

Wind & Solar Systems Limited

Ceased 1 Sept 2017

Ceased

Kagu Solar Limited

Ceased 13 Feb 2018

Ceased

Populo Energy Limited

Ceased 28 Sept 2018

Ceased

See All Controllers

Group Structure

DOWNING COMMERCIAL ROOFTOP LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

BAGNALL ENERGY LIMITED united kingdom

PROGRESSIVE POWER GENERATION LIMITED Current Company

Charges

1 outstanding 2 satisfied

Documents

Company Filings

Date	Category	Description	Document
30 Jun 2025	Accounts	Annual accounts made up to 2024-09-30	View(12 pages)
19 Jun 2025	Confirmation Statement	Confirmation statement made on 2025-06-19 with updates	View(4 pages)
6 Jan 2025	Address	Change Registered Office Address Company With Date Old Address New Address	View(1 page)
6 Jan 2025	Officers	Change Corporate Director Company With Change Date	View(1 page)
6 Jan 2025	Persons With Significant Control	Change to Downing Commercial Rooftop Limited as a person with significant control on 2025-01-06	View(2 pages)