How much does Progressive Media Investments Limited make?

Progressive Media Investments Limited reported revenue of £1.7m and a loss of £1.2m in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Progressive Media Investments Limited have?

Progressive Media Investments Limited reported an average of 44 employees in the year to 31 Dec 2025.

Is Progressive Media Investments Limited profitable?

No — Progressive Media Investments Limited reported a loss of £1.2m in the year to 31 Dec 2025.

Company No. 06339167 · Incorporated 9 Aug 2007

Progressive Media Investments Limited

Registered name: PROGRESSIVE MEDIA INVESTMENTS LIMITED

Part of Estel Media Holdco Limited group

Progressive Media Investments Limited made £1.7m revenue and a £1.2m loss in the year to 31 Dec 2025.

Progressive Media Investments Limited’s revenue fell 34% to £1.7m in the year to 31 Dec 2025, with a loss of £1.2m and 44 employees. The company is classified under “other publishing activities” and is based in Hull; we hold 4 years of its filed accounts.

Full P&L filedSection J · Information and communicationSIC 58190Other publishing activities

Status: Active
Location: Hull, Yorkshire and The Humber
Age: 19 yrs · since 2007
Type: Private Limited Company

Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.

Latest accounts · year to 31 Dec 2025

Key figures

Revenue

£1.7m

Growth ▼34.5%

Profit

−£1.2m

Growth ▼203.8%

Profit margin

−74%

Gross 55.9%

Employees

Change ▼22.8%

Profit / employee

−£28.3k

Revenue/employee £38.2k

Profitable streak

0yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023	31 Dec 2024	31 Dec 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£4.8m	£3.3m	£2.6m	£1.7m
Cost of sales	£907k	£933k	£1m	£741k
Gross profit	£3.9m	£2.3m	£1.5m	£940k
Operating profit	−£2.2m	−£989k	£67.5k	—
Profit before tax	£10.7m	−£998k	£1.2m	−£1.2m
Profit after tax	£10.7m	−£932k	£1.2m	−£1.2m
Profit (best available)	£10.7m	−£932k	£1.2m	−£1.2m
Staff costs	£6.7m	£5.7m	£4m	£3.2m
Employees (average)	101	85	57	44
Ratios
Profit margin	222.3%	−28.4%	46.7%	−74%
Gross margin	81.1%	71.5%	59.7%	55.9%
Revenue per employee	£47.6k	£38.5k	£45k	£38.2k
Profit per employee	£106k	−£11k	£21k	−£28.3k
Growth (year on year)
Revenue growth	—	▼31.8%	▼21.6%	▼34.5%
Profit growth	—	▼108.7%	—	▼203.8%
Headcount growth	—	▼15.8%	▼32.9%	▼22.8%
Balance sheet — indirect signals, not revenue
Cash at bank	—	£0	£56.2k	£0
Net assets	−£11.3m	−£12.2m	−£11m	−£11.6m
Fixed assets	£1m	£972k	£934k	£910k
Current assets	£7.3m	£7.6m	£9.2m	£9.6m
Debtors	£746k	£442k	£305k	£236k
Deferred income	£1.4m	£1.1m	£768k	£506k
Source	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2025	FullAccounts · bulk data Sep 2026

Derived from the latest filing

How the business works

Profit margin: −74%; Profit ÷ revenue.
Gross margin: 55.9%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £38.2k; Revenue ÷ average employees.
Profit per employee: −£28.3k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 54.1%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 30.1%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 14%; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets: —; Now −£11.6m
Cash at bank: ▼100%; Now £0
Headcount: ▼23%; Now 44
Deferred income: ▼34%; Now £506k
Fixed assets: ▼3%; Now £910k

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

Estel Media Holdco Limitedultimate parent75–100%
Progressive Media Investments Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Subsidiaries (1)

Progressive Luxury Publishing LimitedFigures not disclosed

Sister companies (2)

Estel Property Group LimitedFigures not disclosed
New Statesman LimitedFigures not disclosed

From the Persons with Significant Control register (corporate controllers only).

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit −£1.2m), from the Companies House accounts bulk data published Sep 2026. Spotted an error? Request a correction.

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.