Progen Power Ltd

In liquidation12804839 Private limited company
Incorporated
11 August 2020 (6 years)
Previously known as
Asap Electrical Ltd (until 15 February 2022)
This list may be incomplete. See all names on Companies House
Industry
Electrical installation (43210)
Accounts type
Unaudited abridged
Region
South West
Address
Castle Hill Insolvency Ltd 1 Battle Road
Heathfield
Newton Abbot
TQ12 6RY

Filing status

Accounts due
31 October 2025
Last accounts
31 January 2024
Conf. stmt due
24 August 2025
Last conf. stmt
10 August 2024

Officers

Not loaded yet. See them on Companies House

Ownership 2 active

People and entities with significant control, from the Companies House PSC register

Andrew Peter William Fairbanks
Individual · Notified 11 May 2021
Has significant influence or control
British
Born December 1978 (47)
Corporate entity · Notified 11 August 2020
Owns 75–100% of shares
Holds 75–100% of voting rights
Right to appoint and remove directors
Limited
Reg. no. 12539702

Group structure 5 shown

Ownership group derived from the Companies House PSC register

Westwoods Holdings Limited Owns 75–100% of shares
Progen Power Ltd This company In liquidationOwns 75–100% of shares
Tempgrid Ltd Owns 75–100% of shares
Banfield Security Group Limited Owns 25–50% of shares

Financials

Balance sheet as at 31 January 2024 · unaudited abridged accounts

Net Assets
(£404,447)
Cash
£13,056
Employees
3
Debt Ratio
130%
Current Ratio
0.1x

Trend

Net Assets
(£600k) (£400k) (£200k) £0 2022 2024 (£163,776) (£404,447)
Balance sheet detail
2024202320222021
Fixed Assets£1,263,581£100,896£32,564
Current Assets£80,711£27,725£5,981
Debtors£67,655£18,955
Cash£13,056£6,800
Creditors (< 1 year)£1,109,704£1,399,868£273,197£66,253
Creditors (> 1 year)£485,135
Net Current Assets(£1,028,993)(£245,472)(£60,272)
Net Assets(£404,447)(£163,776)
Shareholder Funds(£404,447)(£163,776)(£27,708)

Filings

Filing history not loaded yet. See it on Companies House

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