Progression Recruitment Group Ltd
Registered name: PROGRESSION RECRUITMENT GROUP LTD
Progression Recruitment Group Ltd made £311k revenue and a £270 loss in the year to 31 Mar 2025.
Progression Recruitment Group Ltd’s revenue grew 2% to £311k in the year to 31 Mar 2025, with a loss of £270 and 3 employees. The company is classified under “other activities of employment placement agencies” and is based in Fareham; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Fareham, South East
- Age
- 6 yrs · since 2020
- 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 Mar 2022 | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £124k | £245k | £306k | £311k |
| Cost of sales | £103k | £119k | £179k | £40.9k |
| Gross profit | £20.8k | £126k | £127k | £271k |
| Profit before tax | £14.6k | £15.1k | £2.6k | £5k |
| Profit after tax | £11.7k | £10.2k | −£2k | −£270 |
| Profit (best available) | £11.7k | £10.2k | −£2k | −£270 |
| Employees (average) | 2 | 2 | 3 | 3 |
| Ratios | ||||
| Profit margin | 9.4% | 4.2% | −0.7% | −0.1% |
| Gross margin | 16.8% | 51.6% | 41.3% | 86.9% |
| Revenue per employee | £62.1k | £123k | £102k | £104k |
| Profit per employee | £5.8k | £5.1k | −£678 | −£90 |
| Growth (year on year) | ||||
| Revenue growth | — | ▲97.4% | ▲24.9% | ▲1.8% |
| Profit growth | — | ▼12.8% | ▼120% | — |
| Headcount growth | — | 0% | ▲50% | 0% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £28.7k | £12.8k | £40.8k | £69.4k |
| Net assets | £14.9k | £125 | −£1.9k | −£2.2k |
| Fixed assets | £130k | £114k | £97.5k | £81.2k |
| Current assets | £144k | £276k | £229k | £391k |
| Debtors | — | £67.7k | £14.1k | £322k |
| Source | Accounts · bulk data Dec 2023 | Accounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Jan 2026 |
How the business works
- Profit margin
- −0.1%
- Profit ÷ revenue.
- Gross margin
- 86.9%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £104k
- Revenue ÷ average employees.
- Profit per employee
- −£90
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 26.1%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 103.3%
- 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 −£2.2k
- Cash at bank
- ▲70%
- Now £69.4k
- Headcount
- 0%
- Now 3
- Deferred income
- —
- Now —
- Fixed assets
- ▼17%
- Now £81.2k
Group structure
Minority corporate shareholders
- Filkins Holdings Limited 25–50%
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit −£270), from the Companies House accounts bulk data published Jan 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.