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PROGRESSIVE SYSTEMS (U.K.) LIMITED Financials

Company number
02732191Copy
Copy
Registered office
Unit 5 Unit 5, Hope Mills Business Centre, Hope Mill Lane, Brimscombe, Stroud, Gloucestershire GL5 2SE
Incorporated
17/07/1992

Company snapshot

Status
Active
Employees
4 (2025)
Latest financial data
2025
Accounts type
Total Exemption Full

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2025.

Net Assets

£150.62K2025
57.54%vs 2024

2024: £95.60K

Total Assets

£242.19K2025
18.05%vs 2024

2024: £205.15K

Cash in Bank

£34.26K2025
-30.04%vs 2024

2024: £48.97K

Total Liabilities

£91.57K2025
-16.41%vs 2024

2024: £109.55K

Employees

42025
0vs 2024

2024: 4

In 2025, PROGRESSIVE SYSTEMS (U.K.) LIMITED reported net assets of £150.62K. The same filing shows total assets of £242.19K, cash in bank of £34.26K and total liabilities of £91.57K. Reported headcount was 4 in 2025. Net Assets rose from £95.60K in 2024 to £150.62K in 2025 (57.54%). 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

£150.62K2025
57.54%from £95.60K in 2024

Year-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 PROGRESSIVE SYSTEMS (U.K.) LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.

Net Assets

£110.63K2023£150.62K2025
+36.1%vs 2023

+16.7% a year compound (CAGR)

Cash in Bank

£51.01K2023£34.26K2025
-32.9%vs 2023

-18.1% a year compound (CAGR)

Total Assets

£207.37K2023£242.19K2025
+16.8%vs 2023

+8.1% a year compound (CAGR)

Total Liabilities

£96.74K2023£91.57K2025
-5.3%vs 2023

-2.7% a year compound (CAGR)

Employees

4202342025
0%vs 2023

Biggest increase

Net Assets+36.1%

£110.63K in 2023 to £150.62K in 2025

Biggest decrease

Cash in Bank-32.9%

£51.01K in 2023 to £34.26K in 2025

PROGRESSIVE SYSTEMS (U.K.) LIMITED's filings pull in both directions between 2023 and 2025. The steepest rise came in net assets, pointing to a strengthening balance sheet, set against a fall in cash in bank, pointing to a tighter cash position. See the full year-by-year figures.

Ratios from the filed figures

Calculated from PROGRESSIVE SYSTEMS (U.K.) 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
62.19%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
37.81%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
37.41%2025
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
14.14%2025
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 PROGRESSIVE SYSTEMS (U.K.) LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator20212022202320242025
Net Assets£105.38K107.54K110.63K95.60K150.62K
Total Assets£242.87K205.89K207.37K205.15K242.19K
Cash in Bank£–35.56K51.01K48.97K34.26K
Total Liabilities£137.49K98.34K96.74K109.55K91.57K
Employees44444

PROGRESSIVE SYSTEMS (U.K.) LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for PROGRESSIVE SYSTEMS (U.K.) LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.

PROGRESSIVE SYSTEMS (U.K.) LIMITED reported net assets of £150.62K for 2025. That compares with £95.60K in 2024, a change of 57.54%.

PROGRESSIVE SYSTEMS (U.K.) LIMITED reported total assets of £242.19K for 2025. That compares with £205.15K in 2024, a change of 18.05%.

PROGRESSIVE SYSTEMS (U.K.) LIMITED reported cash in bank of £34.26K for 2025. That compares with £48.97K in 2024, a change of -30.04%.

PROGRESSIVE SYSTEMS (U.K.) LIMITED reported 4 employees in 2025, compared with 4 in 2024.

Between 2023 and 2025, PROGRESSIVE SYSTEMS (U.K.) LIMITED's net assets rose by 36.1%, cash in bank fell by 32.9%, total assets rose by 16.8% and total liabilities fell by 5.3%. Net assets compounded at 16.7% a year across the two years to 2025, from £110.63K to £150.62K. Reported headcount went from 4 in 2023 to 4 in 2025.

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.