Progressive Storage Solutions Private Limited

Manufactures steel slotted angles and storage systems for various industries.

2015 | Aurangabad, Maharashtra (India) | Active
Last Updated: December 10, 2024

Progressive Storage Solutions Profile

Key Indicators

  • Authorised Capital ₹ 1.50 Cr
  • Paid Up Capital ₹ 1.25 Cr
  • Company Age 9 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 5.49 Cr
  • Revenue Growth 33.78%
  • Profit Growth -174.05%
  • Ebitda -94.72%
  • Net Worth -79.23%
  • Total Assets 3.58%

About Progressive Storage Solutions

Progressive Storage Solutions Private Limited (PSSPL) is a Private Limited Indian Non-Government Company incorporated in India on 24 February 2015 (Nine years and 11 months 20 days old ). Its registered office is in Aurangabad, Maharashtra, India.

The Company is engaged in the Machinery And Equipment Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 1.50 Cr and a paid-up capital of Rs 1.25 Cr.

The company currently has active open charges totaling ₹5.49 Cr.

Anslem Coates, Elvis Coates, and Geralo Coates serve as directors at the Company.

Company Details

  • Location

    Aurangabad, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    progressivess.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U36101MH2015PTC262223

  • Company No.

    262223

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    24 Feb 2015

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Machinery and Equipment

What products or services does Progressive Storage Solutions Private Limited offer?

Progressive Storage Solutions Private Limited offers a wide range of products and services, including Cabinet Furniture, Storage Cabinets, Industrial Racks & Storage System, Warehouse Racks, Cranes, Forklift & Lifting Machines, Forklift, Industrial Storage Rack, School Furniture, Library Rack, Pallet Racks.

Who are the key members and board of directors at Progressive Storage Solutions?

Board Members (3)

Name Designation Appointment Date Status
Anslem Coates Country flag representing In Director 24-Feb-2015 Current
Elvis Coates Country flag representing In Director 24-Feb-2015 Current
Geralo Coates Country flag representing In Director 24-Feb-2015 Current

Financial Performance of Progressive Storage Solutions.

Progressive Storage Solutions Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 33.78% increase. The company also saw a substantial fall in profitability, with a 174.05% decrease in profit. The company's net worth observed a substantial decline by a decrease of 79.23%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
33.78%
Revenue from Operations
33.08%
Total Assets
3.58%
Profit or Loss
-174.05%
Net Worth
-79.23%
EBITDA
-94.72%

What is the Ownership and Shareholding Structure of Progressive Storage Solutions?

Unlock access to Progressive Storage Solutions's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹5.49 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • The Jalgaon Peoples Co-Op Bank Limited : 5.49 Cr

Latest Charge Details

Date Lender Amount Status
26 Jun 2023 The Jalgaon Peoples Co-Op Bank Limited ₹2.40 M Open
29 Sep 2021 The Jalgaon Peoples Co-Op Bank Limited ₹5.00 M Open
25 Sep 2020 The Jalgaon Peoples Co-Op Bank Limited ₹1.10 M Open
28 Feb 2020 The Jalgaon Peoples Co-Op Bank Limited ₹4.90 M Open
24 Nov 2017 The Jalgaon Peoples Co-Op Bank Limited ₹9.00 M Open

How Many Employees Work at Progressive Storage Solutions?

Progressive Storage Solutions has a workforce of 6 employees as of Apr 06, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Progressive Storage Solutions, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Progressive Storage Solutions's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Progressive Storage Solutions

Recent activity within the organization

  • Annual General Meeting

    Progressive Storage Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Progressive Storage Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge with The Jalgaon Peoples Co-Op Bank Limited of Rs. 0.24 Cr registered on 26 Jun 2023 with Charge ID 100797667 was modified on 08 Aug 2023.

    08 Aug 2023

  • Charges

    A charge with The Jalgaon Peoples Co-Op Bank Limited amounted to Rs. 0.24 Cr with Charge ID 100797667 was registered on 26 Jun 2023.

    26 Jun 2023

  • Charges

    A charge with The Jalgaon Peoples Co-Op Bank Limited amounted to Rs. 0.50 Cr with Charge ID 100489836 was registered on 29 Sep 2021.

    29 Sep 2021

  • Charges

    A charge with The Jalgaon Peoples Co-Op Bank Limited of Rs. 0.11 Cr registered on 25 Sep 2020 with Charge ID 100382798 was modified on 01 Oct 2020.

    01 Oct 2020

Frequently asked questions

  • Progressive Storage Solutions Private Limited was incorporated on 24 Feb 2015.

  • The authorized share capital of Progressive Storage Solutions Private Limited is ₹ 1.50 Cr and paid-up capital is ₹ 1.25 Cr.

  • Currently 3 directors are associated with Progressive Storage Solutions Private Limited.

    • Anslem Philip Coates
    • Elvis Philip Coates
    • Geralo Philip Coates
  • As per Ministry of Corporate Affairs (Mca), the registered address of Progressive Storage Solutions Private Limited is Gut No.24 Near Petrol Pump At. Post. Dhoregaon, Pune- Roa D India, Aurangabad, Maharashtra, 431133.

  • The corporate identification number (CIN) of Progressive Storage Solutions Private Limited is U36101MH2015PTC262223 and the company number is 262223 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Progressive Storage Solutions Private Limited is https://www.progressivess.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Progressive Storage Solutions Private Limited has risen by 33.78%.

  • As Per 2023 financial reports, 6 employees are currently employed by Progressive Storage Solutions Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Progressive Storage Solutions Private Limited has experienced an downturn of -79.23%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Progressive Storage Solutions Private Limited amount to ₹ 5.49 Cr.

  • The most recent Balance Sheet for Progressive Storage Solutions Private Limited was filed with the ROC on 31 Mar 2024.