The Progress Lab Ltd.
Registered name: THE PROGRESS LAB LTD.
The Progress Lab Ltd. made £59.1k revenue and £37k profit in the year to 31 Oct 2025.
The Progress Lab Ltd.’s revenue grew 41% to £59.1k in the year to 31 Oct 2025, with £37k profit and 1 employee. The company is classified under “management consultancy activities other than financial management” and is based in Hove; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Hove, South East
- 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 | 31 Oct 2022 | 31 Oct 2023 | 31 Oct 2024 | 31 Oct 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £46k | £49.2k | £42k | £59.1k |
| Profit after tax | £30.5k | £32k | £29.1k | £37k |
| Profit (best available) | £30.5k | £32k | £29.1k | £37k |
| Staff costs | £5.5k | £7k | £4.6k | £3.9k |
| Employees (average) | — | 1 | 1 | 1 |
| Ratios | ||||
| Profit margin | 66.3% | 65.1% | 69.3% | 62.6% |
| Revenue per employee | — | £49.2k | £42k | £59.1k |
| Profit per employee | — | £32k | £29.1k | £37k |
| Growth (year on year) | ||||
| Revenue growth | — | ▲6.9% | ▼14.7% | ▲40.9% |
| Profit growth | — | ▲5% | ▼9.2% | ▲27.1% |
| Headcount growth | — | — | 0% | 0% |
| Balance sheet — indirect signals, not revenue | ||||
| Net assets | £15.4k | £7.4k | £8.5k | £14k |
| Fixed assets | £0 | £0 | £0 | £0 |
| Current assets | £70.6k | £33.7k | £25.5k | £24.8k |
| Source | FullAccounts · bulk data Jan 2024 | FullAccounts · bulk data Jan 2024 | FullAccounts · bulk data Jan 2025 | FullAccounts · bulk data Mar 2026 |
How the business works
- Profit margin
- 62.6%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £59.1k
- Revenue ÷ average employees.
- Profit per employee
- £37k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0%
- 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
- ▲64%
- Now £14k
- Cash at bank
- —
- Now —
- Headcount
- 0%
- Now 1
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now £0
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Sources
Latest figures from FullAccounts for the year to 31 Oct 2025 (profit £37k), from the Companies House accounts bulk data published Mar 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.