Progressive Global Solutions Limited
Registered name: PROGRESSIVE GLOBAL SOLUTIONS LIMITED
Progressive Global Solutions Limited made £25.8k revenue and a £10k loss in the year to 30 Sep 2024.
Progressive Global Solutions Limited’s revenue grew 20% to £25.8k in the year to 30 Sep 2024, with a loss of £10k and 0 employees. The company is classified under “renting and leasing of cars and light motor vehicles” and is based in Manchester; we hold 3 years of its filed accounts.
- Status
- Active - Proposal to Strike off
- Location
- Manchester, North West
- Age
- 12 yrs · since 2014
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Sep 2022 | 30 Sep 2023 | 30 Sep 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £15.4k | £21.5k | £25.8k |
| Profit after tax | −£7.8k | −£9.2k | −£10k |
| Profit (best available) | −£7.8k | −£9.2k | −£10k |
| Employees (average) | — | 0 | 0 |
| Ratios | |||
| Profit margin | −50.8% | −42.9% | −38.6% |
| Growth (year on year) | |||
| Revenue growth | — | ▲39.4% | ▲20.2% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | −£23.2k | −£7.3k | −£23.4k |
| Fixed assets | £8.7k | £15.9k | £9.3k |
| Current assets | £14.6k | £17.4k | £3.8k |
| Source | FullAccounts · bulk data Jun 2024 | FullAccounts · bulk data Jun 2024 | FullAccounts · bulk data Jun 2025 |
How the business works
- Profit margin
- −38.6%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 36.1%
- 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.
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 −£23.4k
- Cash at bank
- —
- Now —
- Headcount
- —
- Now 0
- Deferred income
- —
- Now —
- Fixed assets
- ▼41%
- Now £9.3k
Sources
Latest figures from FullAccounts for the year to 30 Sep 2024 (profit −£10k), from the Companies House accounts bulk data published Jun 2025. 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.