PROGEN SERVICES LTD Financials
- Company number
- 08936250CopyCopy
- Registered office
- 50 Energy Park Way, Grimsby DN31 2TT
- Incorporated
- 12/03/2014
Company snapshot
- Status
- Active
- Employees
- 84 (2025)
- Latest financial data
- 2025
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
99.20%vs 20242024: £112.25K
Total Assets
23.64%vs 20242024: £2.56M
Cash in Bank
-95.49%vs 20232023: £78.20K
Total Liabilities
20.19%vs 20242024: £2.45M
Employees
+10vs 20242024: 74
In 2025, PROGEN SERVICES LTD reported net assets of £223.60K. The same filing shows total assets of £3.17M, cash in bank of £3.53K and total liabilities of £2.95M. Reported headcount was 84 in 2025. Total Assets rose from £2.56M in 2024 to £3.17M in 2025 (23.64%). Okredo holds filed figures for 2021–2025; the table below lists every reported indicator by year. See every reported indicator by year.
Financial performance
Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.
Net Assets
99.20%from £112.25K in 2024Year-on-year change
Net Assets as filed for 2021–2025. Every figure in this chart is also in the financial history table.
3-year financial trend (2023–2025)
How the figures PROGEN SERVICES LTD filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
-68.5%vs 2023-43.9% a year compound (CAGR)
Total Assets
+12.8%vs 2023+6.2% a year compound (CAGR)
Total Liabilities
+40.2%vs 2023+18.4% a year compound (CAGR)
Employees
+15.1%vs 2023+11Biggest increase
Total Liabilities+40.2%
£2.10M in 2023 to £2.95M in 2025
Biggest decrease
Net Assets-68.5%
£709.23K in 2023 to £223.60K in 2025
PROGEN SERVICES LTD's filings pull in both directions between 2023 and 2025. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, set against a fall in net assets, pointing to a weakening balance sheet. See the full year-by-year figures.
Ratios from the filed figures
Calculated from PROGEN SERVICES LTD's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.
- Net assets to total assets
- 7.05%2025
- Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
- Liabilities to total assets
- 92.95%2025
- Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
- Cash to liabilities
- 0.14%2024
- Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
- Cash to total assets
- 0.14%2024
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for PROGEN SERVICES LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net Assets£ | 782.48K | 793.25K | 709.23K | 112.25K | 223.60K |
| Total Assets£ | 1.85M | 2.72M | 2.81M | 2.56M | 3.17M |
| Cash in Bank£ | 317.42K | 429.67K | 78.20K | 3.53K | – |
| Total Liabilities£ | 1.07M | 1.93M | 2.10M | 2.45M | 2.95M |
| Employees | 38 | 55 | 73 | 74 | 84 |
PROGEN SERVICES LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for PROGEN SERVICES LTD covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
PROGEN SERVICES LTD reported net assets of £223.60K for 2025. That compares with £112.25K in 2024, a change of 99.20%.
PROGEN SERVICES LTD reported total assets of £3.17M for 2025. That compares with £2.56M in 2024, a change of 23.64%.
PROGEN SERVICES LTD reported cash in bank of £3.53K for 2024. That compares with £78.20K in 2023, a change of -95.49%.
PROGEN SERVICES LTD reported 84 employees in 2025, compared with 74 in 2024.
Between 2023 and 2025, PROGEN SERVICES LTD's net assets fell by 68.5%, total assets rose by 12.8%, total liabilities rose by 40.2% and employee numbers rose by 15.1%. Net assets contracted at 43.9% a year across the two years to 2025, from £709.23K to £223.60K. Reported headcount went from 73 in 2023 to 84 in 2025 (+11).
Okredo holds reported figures for the years 2021, 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.