{"name":"PROGRESSIVE AUDIO VISUAL LIMITED","company_number":"05006803","status":"Active","type":"Private Limited Company","incorporated":"2004-01-06","dissolved":null,"registered_office":"The Old Saw Mill Langton Road, Speldhurst, Tunbridge Wells, Kent, England, TN3 0JU","postcode":"TN3 0JU","sic_codes":[{"code":47430,"description":"Retail sale of audio and video equipment in specialised stores"}],"principal_activity":null,"previous_names":[],"warnings":[],"accounts":{"category":"Total Exemption Full","year_end":"31 January","last_made_up_to":"2026-01-31","next_due":"2027-10-31"},"employees":{"count":2,"accounts_date":"2026-01-31"},"financials":[{"financial_date":"2026-01-31","net_assets":-33012,"cash":2413,"average_employees":2},{"financial_date":"2025-01-31","net_assets":-41400,"cash":20841,"average_employees":2},{"financial_date":"2024-01-31","net_assets":-42604,"cash":2652,"average_employees":2},{"financial_date":"2023-01-31","net_assets":-40776,"cash":27452},{"financial_date":"2022-01-31","net_assets":-21112,"cash":26254}],"officers":{"current":3,"resigned":3,"complete":true,"note":"Names and details of individual officers are on the People page (subscriber-only on this site) and free at Companies House."},"charges":{"total":0,"outstanding":0},"gazette_notices":[],"insolvency_outcome":null,"ai_summary":"Progressive Audio Visual Limited is a two-employee specialist audio/video retailer with negative shareholders' funds of £41,400, total assets of only £25,342, and no disclosed turnover or profitability — it is balance sheet insolvent with no asset base to support recovery. The apparent FY2025 liquidity improvement (cash up £18,189) was approximately 77% funded by an additional £15,678 of long-term borrowing rather than trading, and the company remains dependent on creditor forbearance to meet short-term obligations. Recommendation: DECLINE unsecured facilities; a small secured, personal-guarantee-backed trade line could be reconsidered only on receipt of management accounts and formal subordination of the long-term creditor.","website":"http://www.progressive-ht.com/","links":{"page":"https://www.companiesintheuk.co.uk/ltd/progressive-audio-visual","people":"https://www.companiesintheuk.co.uk/company/progressive-audio-visual/people","filing_history":"https://www.companiesintheuk.co.uk/company/progressive-audio-visual/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/05006803","financials":"https://www.companiesintheuk.co.uk/company/progressive-audio-visual/financial","control":"https://www.companiesintheuk.co.uk/company/progressive-audio-visual/control","ai_analysis":"https://www.companiesintheuk.co.uk/company/progressive-audio-visual/analysis"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/progressive-audio-visual"}