Progressive Support Services Ltd
Registered name: PROGRESSIVE SUPPORT SERVICES LTD
Progressive Support Services Ltd made £1.9m revenue and £24k profit in the year to 30 Sep 2025.
Progressive Support Services Ltd’s revenue fell 5% to £1.9m in the year to 30 Sep 2025, with £24k profit and 84 employees. The company is classified under “temporary employment agency activities” and is based in Tipton; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Tipton, West Midlands
- Age
- 8 yrs · since 2018
- 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.
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 | 30 Sep 2025 |
|---|---|---|---|---|
| Disclosure | No P&L | No P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | — | — | £2m | £1.9m |
| Cost of sales | — | — | £2.4k | £2.9k |
| Gross profit | — | — | £2m | £1.9m |
| Operating profit | — | — | £26.8k | £31.5k |
| Profit before tax | — | — | £26.8k | £31.5k |
| Profit after tax | — | — | £20.4k | £24k |
| Profit (best available) | — | — | £20.4k | £24k |
| Employees (average) | 45 | 80 | 10 | 84 |
| Ratios | ||||
| Profit margin | — | — | 1% | 1.3% |
| Gross margin | — | — | 99.9% | 99.8% |
| Revenue per employee | — | — | £198k | £22.3k |
| Profit per employee | — | — | £2k | £285 |
| Growth (year on year) | ||||
| Revenue growth | — | — | — | ▼5.3% |
| Profit growth | — | — | — | ▲17.8% |
| Headcount growth | — | ▲77.8% | ▼87.5% | ▲740% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £36.4k | £67.7k | £19k | £33.7k |
| Net assets | £295 | −£217k | £196k | −£158k |
| Fixed assets | £0 | £14.9k | £11.3k | £19.6k |
| Current assets | £42.8k | £94.1k | £51.2k | £50.4k |
| Debtors | £6.4k | £26.4k | £32.2k | £16.7k |
| Source | FilletedAccounts · bulk data Feb 2024 | FilletedAccounts · bulk data Feb 2024 | FullAccounts · bulk data Jun 2025 | FullAccounts · bulk data Jun 2026 |
How the business works
- Profit margin
- 1.3%
- Profit ÷ revenue.
- Gross margin
- 99.8%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £22.3k
- Revenue ÷ average employees.
- Profit per employee
- £285
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 1.1%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0.9%
- 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
- ▼181%
- Now −£158k
- Cash at bank
- ▲78%
- Now £33.7k
- Headcount
- ▲740%
- Now 84
- Deferred income
- —
- Now —
- Fixed assets
- ▲74%
- Now £19.6k
Sources
Latest figures from FullAccounts for the year to 30 Sep 2025 (profit £24k), from the Companies House accounts bulk data published Jun 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.