How much does Progress Holdings CS Limited make?

Progress Holdings CS Limited reported revenue of £348k and £113k profit in the year to 31 Mar 2025, according to its accounts filed at Companies House.

How many employees does Progress Holdings CS Limited have?

Progress Holdings CS Limited reported an average of 2 employees in the year to 31 Mar 2025.

Is Progress Holdings CS Limited profitable?

Yes — Progress Holdings CS Limited reported a profit of £113k in the year to 31 Mar 2025.

Company No. 11121456 · Incorporated 21 Dec 2017

Progress Holdings CS Limited

Registered name: PROGRESS HOLDINGS CS LIMITED

Part of Dhanoa Holdco 1 Limited group

Progress Holdings CS Limited made £348k revenue and £113k profit in the year to 31 Mar 2025.

Progress Holdings CS Limited’s revenue fell 96% to £348k in the year to 31 Mar 2025, with £113k profit and 2 employees. The company is classified under “other residential care activities” and is based in Wolverhampton; we hold 4 years of its filed accounts.

Full P&L filedSection Q · Human health and social workSIC 87900Other residential care activities n.e.c.

Status: Active
Location: Wolverhampton, West Midlands
Age: 8 yrs · since 2017
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 Mar 2025

Key figures

Small teamCash flow filed

Revenue

£348k

Growth ▼96.2%

Profit

£113k

Growth ▼24.3%

Profit margin

32.4%

Gross 100%

Employees

Change ▼98.5%

Profit / employee

£56.3k

Revenue/employee £174k

Profitable streak

3yrs

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 Mar 2022	31 Mar 2023	31 Mar 2024	31 Mar 2025
Disclosure	No P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	—	£6.8m	£9.1m	£348k
Cost of sales	—	£4.3m	£5.7m	—
Gross profit	—	£2.6m	£3.4m	£348k
Operating profit	—	£482k	£1.3m	—
Profit before tax	—	£516k	£1.2m	£183k
Profit after tax	—	£65.3k	£149k	£113k
Profit (best available)	—	£65.3k	£149k	£113k
Staff costs	—	£3.2m	£3.8m	—
Employees (average)	2	2	130	2
Ratios
Profit margin	—	0.9%	1.6%	32.4%
Gross margin	—	37.3%	37.5%	100%
Revenue per employee	—	£3.4m	£69.8k	£174k
Profit per employee	—	£32.6k	£1.1k	£56.3k
Cash conversion	—	228.6%	61%	—
Growth (year on year)
Revenue growth	—	—	▲32.4%	▼96.2%
Profit growth	—	—	▲128%	▼24.3%
Headcount growth	—	0%	▲6400%	▼98.5%
Balance sheet — indirect signals, not revenue
Cash at bank	£269k	£69.8k	£185k	£583k
Net assets	£1.3m	£1.2m	£1.3m	£1.4m
Fixed assets	£2m	£1.9m	£1.9m	£1.8m
Current assets	£591k	£561k	£1m	£2.6m
Debtors	£322k	£447k	£978k	£2m
Cash from operations	—	£1.1m	£774k	−£298k
Source	Accounts · bulk data Dec 2023	Accounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2024	FullAccounts · bulk data Dec 2025

Derived from the latest filing

How the business works

Profit margin: 32.4%; Profit ÷ revenue.
Gross margin: 100%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £174k; Revenue ÷ average employees.
Profit per employee: £56.3k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 518.7%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 565.2%; 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: ▲9%; Now £1.4m
Cash at bank: ▲215%; Now £583k
Headcount: ▼98%; Now 2
Deferred income: —; Now —
Fixed assets: ▼3%; Now £1.8m

Corporate ownership

Group structure

Ownership chain

Dhanoa Holdco 1 Limitedultimate parent75–100%
Progress Holdings CS Limitedthis company

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

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

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £113k), from the Companies House accounts bulk data published Dec 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.