Prog Services Ltd
Registered name: PROG SERVICES LTD
Prog Services Ltd made £480k revenue and £472k profit in the year to 31 Dec 2024.
Prog Services Ltd’s revenue grew 638% to £480k in the year to 31 Dec 2024, with £472k profit and 0 employees. The company is classified under “information technology consultancy activities” and is based in Luton; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Luton, East of England
- Age
- 6 yrs · since 2019
- 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 Dec 2021 | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|---|---|
| Disclosure | No P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | — | £51k | £65k | £480k |
| Cost of sales | — | £7k | £11k | £4.9k |
| Gross profit | — | £44k | £54k | £475k |
| Operating profit | — | £26k | £32k | £472k |
| Profit before tax | — | £26k | £32k | £472k |
| Profit after tax | — | £26k | £32k | £472k |
| Profit (best available) | — | £26k | £32k | £472k |
| Employees (average) | 0 | 0 | 0 | 0 |
| Ratios | ||||
| Profit margin | — | 51% | 49.2% | 98.3% |
| Gross margin | — | 86.3% | 83.1% | 99% |
| Growth (year on year) | ||||
| Revenue growth | — | — | ▲27.5% | ▲638.5% |
| Profit growth | — | — | ▲23.1% | ▲1374% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | — | — | — | £453k |
| Net assets | £1 | £1 | £1 | £453k |
| Current assets | £1 | £1 | £1 | £453k |
| Source | FullAccounts · bulk data Oct 2023 | FullAccounts · bulk data Oct 2023 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Oct 2025 |
How the business works
- Profit margin
- 98.3%
- Profit ÷ revenue.
- Gross margin
- 99%
- 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
- —
- 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
- ▲45299900%
- Now £453k
- Cash at bank
- —
- Now £453k
- Headcount
- —
- Now 0
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £472k), from the Companies House accounts bulk data published Oct 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.