Progress Development Spółka z Ograniczoną Odpowiedzialnością (KRS 0000168477, NIP 7251867527) is a Polish company, headquartered in Łódź, Łódzkie voivodeship. PROGRESS DEVELOPMENT operates in: Development of building projects (PKD 41.10.Z). Industry: Building construction. The company has been listed in the National Court Register since September 23, 2003. PROGRESS DEVELOPMENT's most recently reported net revenue was 7.5 M PLN for 2024.
No arrears identified in the analyzed sources
No arrears or bankruptcy proceedings identified in the analyzed sources.
Business profile - Progress Development
Identity
- Name
- Progress Development Spółka z Ograniczoną Odpowiedzialnością
- Legal form
- SPÓŁKA Z OGRANICZONĄ ODPOWIEDZIALNOŚCIĄ
- Founded
- September 23, 2003
- Registry status as of
- January 3, 2026
- Latest entry
- January 2, 2026
- Founding act
- UMOWA SPÓŁKI SPORZĄDZONA DNIA 01.07.2003 R. PRZED NOTARIUSZEM GRAŻYNĄ RYMDEJKO, KANCELARIA NOTARIALNA W ŁODZI, REPERTORI…
Articles of association history (2)
- July 1, 2003: UMOWA SPÓŁKI SPORZĄDZONA DNIA 01.07.2003 R. PRZED NOTARIUSZEM GRAŻYNĄ RYMDEJKO, KANCELARIA NOTARIALNA W ŁODZI, REPERTORIUM A NR 2659/2003.
- January 3, 2012: 03.01.2012R., NOTARIUSZ ARTUR STRZĘPEK, KANCELARIA NOTARIALNA W ŁODZI, REP.A NR18/12, ZMIANA TREŚCI §7 UMOWY SPÓŁKI
Activities
Main activity
41.10.ZDevelopment of building projects
Other activities
Address and contact
- Address
- PIOTRKOWSKA, 171/173, 90-442, ŁÓDŹ, POLSKA
- Voivodeship
- ŁÓDZKIE
- District
- M. ŁÓDŹ
- Not disclosed in the registry
- Website
- Not disclosed in the registry
- E-delivery address
- AE:PL-38860-47086-JUGAR-33
- Coordinates
- 51.7768, 19.4547approx.
Risk and payment profile - Progress Development
Credibility rating
70.2 / 100
Good credibility
Insolvency risk
Very low
Low threat
Closure risk
1
/ 100
Risk comparison - scale 0 (safe) → 100 (critical)
Organizational stability signals
No instability signals - ownership, management, PKD codes and company name remain relatively stable.
Shareholder changes
2
2/23 yrs
Board changes
4
4/23 yrs
PKD changes
2
2/23 yrs
Name changes
0
0/23 yrs
Data from 23 years of registry activity.
Credibility history
Payment reliability score from 2018–2024
Current: B (70/100)
Trend: improving (+4.7 pts/year)
High payment credibility - the company's financial condition is good and the risk of cooperating with it is low.
Trade credit limit history
Standard limit from 2018–2024
Current: 449.4 K PLN
Safe: 121.4 K PLN
Difference between risk models
Closure - probability of ceasing operations (operational continuity). Insolvency - probability of formal bankruptcy / restructuring. The models use different data - results can diverge significantly when balance-sheet data is incomplete.
Operational status - Progress Development
Founded
September 23, 2003
22 years in operation
Legal form
SPÓŁKA Z OGRANICZONĄ ODPOWIEDZIALNOŚCIĄ
Registry: RejP
Headquarters
ŁÓDŹ
ŁÓDZKIE
Primary PKD
41.10.Z
Development of building projects
Share capital
400.0 K PLN
800 shares total
Shareholders
2
shareholders
Board
1 person
Proxies: 2
Filed years
7 years
2018–2024 · profitable: 5/7
Registry entries
49
latest: January 2, 2026
Revenue
7.5 M PLN
2024
Net profit
378.0 K PLN
2024
Assets
5.8 M PLN
2024
Equity
3.0 M PLN
2024
EBITDA
431.9 K PLN
2024
Valuation
2.5 M PLN
Low confidence
Low confidence
Companies in the same location
EU Funds
Projects co-financed by the European Union for Progress Development - total value, EU contribution and the company's largest awards.
Projects
1
EU co-financing
23.5 K PLN
Total project value
23.5 K PLN
Eligible spending
23.5 K PLN
Funds
Operational programmes
- Regionalny Program Operacyjny Województwa Łódzkiego na lata 2014-2020
Largest projects
Top 1 by EU co-financing
| Project | Fund | EU co-financing | Value | Rate | Period |
|---|---|---|---|---|---|
ROZWÓJ I INNOWACJE W BUDOWNICTWIE |
Public procurement
Trademarks
Reviews
Rate business credibility - Progress Development.
No ratings
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