PROGRESSIVE MEDIA INVESTMENTS LIMITED Financials
- Company number
- 06339167CopyCopy
- Registered office
- Studio 5 Salters House, 156 High Street, Hull HU1 1NQ
- Incorporated
- 09/08/2007
Company snapshot
- Status
- Active
- Employees
- 57 (2024)
- Latest financial data
- 2024
- Accounts type
- Medium
Financial highlights
Latest reported figures. Okredo holds filed data for 2022–2024.
Net Assets
9.82%vs 20232023: £-12.20M
Total Assets
17.67%vs 20232023: £8.65M
Cash in Bank
First reported yearTotal Liabilities
1.77%vs 20232023: £20.77M
Employees
-28vs 20232023: 85
In 2024, PROGRESSIVE MEDIA INVESTMENTS LIMITED reported net assets of £-11.00M. The same filing shows total assets of £10.17M, cash in bank of £56.24K and total liabilities of £21.14M. Reported headcount was 57 in 2024. Total Assets rose from £8.65M in 2023 to £10.17M in 2024 (17.67%). Okredo holds filed figures for 2022–2024; 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
9.82%from £-12.20M in 2023Year-on-year change
Net Assets as filed for 2022–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures PROGRESSIVE MEDIA INVESTMENTS LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
Increasedvs 2022Total Assets
+20.9%vs 2022+10% a year compound (CAGR)
Total Liabilities
+8%vs 2022+3.9% a year compound (CAGR)
Employees
-43.6%vs 2022-44Biggest increase
Total Assets+20.9%
£8.41M in 2022 to £10.17M in 2024
Biggest decrease
Employees-43.6%
101 in 2022 to 57 in 2024
PROGRESSIVE MEDIA INVESTMENTS LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in total assets, pointing to a broader asset base, set against a fall in employee numbers, pointing to a smaller workforce. See the full year-by-year figures.
Ratios from the filed figures
Calculated from PROGRESSIVE MEDIA INVESTMENTS LIMITED'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
- -108.17%2024
- 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
- 207.77%2024
- 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
- 0.27%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
- 0.55%2024
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
- Revenue per employee
- £45.02K2024
- Reported turnover divided by the reported average number of employees, for the latest year both were filed. Shows how much revenue the business generates per employee.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for PROGRESSIVE MEDIA INVESTMENTS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2022 | 2023 | 2024 |
|---|---|---|---|
| Net Assets£ | -11.27M | -12.20M | -11.00M |
| Total Assets£ | 8.41M | 8.65M | 10.17M |
| Cash in Bank£ | – | – | 56.24K |
| Total Liabilities£ | 19.56M | 20.77M | 21.14M |
| Employees | 101 | 85 | 57 |
PROGRESSIVE MEDIA INVESTMENTS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for PROGRESSIVE MEDIA INVESTMENTS LIMITED covering 2022–2024, across 5 reported indicators. The most recent reported year is 2024.
PROGRESSIVE MEDIA INVESTMENTS LIMITED reported net assets of £-11.00M for 2024. That compares with £-12.20M in 2023, a change of 9.82%.
PROGRESSIVE MEDIA INVESTMENTS LIMITED reported total assets of £10.17M for 2024. That compares with £8.65M in 2023, a change of 17.67%.
PROGRESSIVE MEDIA INVESTMENTS LIMITED reported cash in bank of £56.24K for 2024. There is no earlier filing to compare it against.
PROGRESSIVE MEDIA INVESTMENTS LIMITED reported 57 employees in 2024, compared with 85 in 2023.
Between 2022 and 2024, PROGRESSIVE MEDIA INVESTMENTS LIMITED's total assets rose by 20.9%, total liabilities rose by 8% and employee numbers fell by 43.6%. Total assets compounded at 10% a year across the two years to 2024, from £8.41M to £10.17M. Reported headcount went from 101 in 2022 to 57 in 2024 (-44).
Okredo holds reported figures for the years 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.