PROGRESSION PROPERTY (NORTH EAST) LTD

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Executive Summary

Progression Property (North East) Ltd is currently exhibiting signs of financial distress, with negative net assets and working capital deficits indicating liquidity and solvency challenges. The company must urgently focus on improving cash flow, managing costs, and potentially securing new capital to stabilize its financial health and support operational growth. Without prompt action, the risk of insolvency symptoms worsening is elevated.

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Who controls this company?

Mr Craig Martin Sawdon

Correspondence address
46, Lambfield Way, Ingleby Barwick, Stockton-On-Tees, England, TS17 5BG
Date of birth
May 1981
Notified on
2024-11-01
Nationality
English
Country of residence
England
 
Source data
Nature of control
Owns between 50% and 75% of the company's shares
Has between 50% and 75% of the voting rights in the company

Mr Peter James Dobson

Correspondence address
31, Oxendale Road, Redcar, England, TS10 4FH
Date of birth
November 1981
Notified on
2021-08-30
Nationality
British
Country of residence
England
 
Source data
Nature of control
Owns between 25% and 50% of the company's shares
Has between 25% and 50% of the voting rights in the company
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