How many employees does Progress Engineering Limited have?

Progress Engineering Limited reported an average of 27 employees in the year to 31 Jul 2025.

Is Progress Engineering Limited profitable?

Yes — Progress Engineering Limited reported a profit of £89.8k in the year to 31 Jul 2025.

Company No. 06972338 · Incorporated 24 Jul 2009

Progress Engineering Limited

Registered name: PROGRESS ENGINEERING LIMITED

Part of Dickson Group Holdings Limited group

Progress Engineering Limited made £89.8k profit in the year to 31 Jul 2025 (revenue not disclosed).

Progress Engineering Limited reported £89.8k profit in the year to 31 Jul 2025; its revenue was not disclosed. It had 27 employees. The company is classified under “manufacture of metal structures and parts of structures” and is based in Bodmin; we hold 4 years of its filed accounts.

Profit onlySection C · ManufacturingSIC 25110Manufacture of metal structures and parts of structures SIC 25620Machining SIC 25990Manufacture of other fabricated metal products n.e.c.SIC 28990Manufacture of other special-purpose machinery n.e.c.

Status: Active
Location: Bodmin, South West
Age: 17 yrs · since 2009
Type: Private Limited Company

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 Jul 2025

Key figures

Revenue

—

Not disclosed in filing

Profit

£89.8k

Growth —

Profit margin

—

Employees

Change ▼15.6%

Profit / employee

£3.3k

Profitable streak

1yr

Consecutive profitable years in our data

This company published its profit but not its turnover, so revenue and margins are not disclosed. We never estimate them.

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 Jul 2022	31 Jul 2023	31 Jul 2024	31 Jul 2025
Disclosure	No P&L	No P&L	No P&L	Profit only
Profit & loss
Revenue (turnover)	—	—	—	—
Profit after tax	—	—	—	£89.8k
Profit (best available)	—	—	—	£89.8k
Employees (average)	42	34	32	27
Ratios
Profit margin	—	—	—	—
Profit per employee	—	—	—	£3.3k
Growth (year on year)
Headcount growth	—	▼19.1%	▼5.9%	▼15.6%
Balance sheet — indirect signals, not revenue
Cash at bank	£99.5k	£720k	£645k	£375k
Net assets	£1m	£1.3m	£1.4m	£1.5m
Fixed assets	£199k	£194k	£218k	£166k
Current assets	£1.4m	£1.6m	£1.5m	£1.8m
Debtors	£707k	£543k	£641k	£692k
Deferred income	£92.9k	£0	£18.9k	£17.4k
Source	FullAccounts · bulk data Nov 2023	FullAccounts · bulk data Nov 2023	FullAccounts · bulk data Nov 2024	FullAccounts · bulk data Jul 2026

Derived from the latest filing

How the business works

Profit margin: —; Profit ÷ revenue.
Gross margin: —; Gross profit ÷ revenue. High for software and services.
Revenue per employee: —; Revenue ÷ average employees.
Profit per employee: £3.3k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: —; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: —; 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: ▲5%; Now £1.5m
Cash at bank: ▼42%; Now £375k
Headcount: ▼16%; Now 27
Deferred income: ▼8%; Now £17.4k
Fixed assets: ▼24%; Now £166k

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

Dickson Group Holdings Limitedultimate parent75–100%
Dickson Mechanical Fasteners Limited75–100%
Progress Engineering Limitedthis company

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

Sister companies (3)

E. V. Chains Ltd.Figures not disclosed
James Camden Engineering LimitedRev. — · Profit £60.4k
Warwick Edm LtdFigures 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 Jul 2025 (profit £89.8k), from the Companies House accounts bulk data published Jul 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.