How much does Progress Vehicle Management Limited make?

Progress Vehicle Management Limited reported revenue of £17.4m and £714k profit in the year to 30 Jun 2025, according to its accounts filed at Companies House.

How many employees does Progress Vehicle Management Limited have?

Progress Vehicle Management Limited reported an average of 115 employees in the year to 30 Jun 2025.

Is Progress Vehicle Management Limited profitable?

Yes — Progress Vehicle Management Limited reported a profit of £714k in the year to 30 Jun 2025.

Company No. 03969191 · Incorporated 10 Apr 2000

Progress Vehicle Management Limited

Registered name: PROGRESS VEHICLE MANAGEMENT LIMITED

Part of PVM Topco Limited group

Progress Vehicle Management Limited made £17.4m revenue and £714k profit in the year to 30 Jun 2025. read from filing text

Progress Vehicle Management Limited’s revenue grew 18% to £17.4m in the year to 30 Jun 2025, with £714k profit and 115 employees. The company is classified under “other professional, scientific and technical activities” and is based in Knockholt; we hold 4 years of its filed accounts.

Full P&L filedSection M · Professional, scientific and technical activitiesSIC 74909Other professional, scientific and technical activities n.e.c.

Status: Active
Location: Knockholt, South East
Age: 26 yrs · since 2000
Type: Private Limited Company

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “The”

Latest accounts · year to 30 Jun 2025

Key figures

Operating leverageCash flow filed

Revenue

£17.4m

Growth ▲17.8%

Profit

£714k

Growth ▲395.5%

Profit margin

4.1%

Gross 16.1%

Employees

115

Change ▲25%

Profit / employee

£6.2k

Revenue/employee £151k

Profitable streak

3yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	30 Jun 2022	30 Jun 2023	30 Jun 2024	30 Jun 2025
Disclosure	No P&L	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	—	£6.6m	£14.8m	£17.4m
Cost of sales	—	£5.1m	£12.5m	£14.6m
Gross profit	—	£1.4m	£2.2m	£2.8m
Operating profit	—	£470k	£349k	£1.1m
Profit before tax	—	£388k	£195k	£994k
Profit after tax	—	£287k	£144k	£714k
Profit (best available)	—	£287k	£144k	£714k
Staff costs	—	£2m	£4.2m	£4.3m
Employees (average)	68	76	92	115
Ratios
Profit margin	—	4.4%	1%	4.1%
Gross margin	—	21.5%	15.1%	16.1%
Revenue per employee	—	£86.3k	£161k	£151k
Profit per employee	—	£3.8k	£1.6k	£6.2k
Cash conversion	—	—	−263.5%	−143.5%
Growth (year on year)
Revenue growth	—	—	▲125.3%	▲17.8%
Profit growth	—	—	▼49.8%	▲395.5%
Headcount growth	—	▲11.8%	▲21.1%	▲25%
Balance sheet — indirect signals, not revenue
Cash at bank	£27.3k	£83.8k	£567k	£81.1k
Net assets	£1.4m	£1.5m	£1.6m	£2.3m
Fixed assets	£1.9m	£2.6m	£2.4m	£2.3m
Current assets	£3.1m	£2.4m	£4.6m	£11.4m
Debtors	£1.9m	£2.1m	£1.9m	£8.8m
Deferred income	—	£517k	£695k	£5.9m
Cash from operations	—	—	−£919k	−£1.6m
Source	FullAccounts · bulk data Mar 2024	FullAccounts · bulk data Mar 2024	FullAccounts · bulk data Jun 2025	FullAccounts · bulk data Mar 2026

Derived from the latest filing

How the business works

Profit margin: 4.1%; Profit ÷ revenue.
Gross margin: 16.1%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £151k; Revenue ÷ average employees.
Profit per employee: £6.2k; Profit ÷ average employees.
Cash conversion: −143.5%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 13.1%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 33.7%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 50.6%; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

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: ▲42%; Now £2.3m
Cash at bank: ▼86%; Now £81.1k
Headcount: ▲25%; Now 115
Deferred income: ▲742%; Now £5.9m
Fixed assets: ▼4%; Now £2.3m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

PVM Topco Limitedultimate parent75–100%
PVM Holdings Limited75–100%
Progress Vehicle Management Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (6)

Mickey Ghees LtdFigures not disclosed
Pace Accident Repair Centre LimitedFigures not disclosed
Progress Flying School LtdFigures not disclosed
PVM (Atherstone) LimitedFigures not disclosed
Rta Claim Solutions LimitedFigures not disclosed
The Flight Cafe LtdFigures not disclosed

From the Persons with Significant Control register (corporate controllers only).

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 30 Jun 2025 (profit £714k), from the Companies House accounts bulk data published Mar 2026. Spotted an error? Request a correction.

Updated from Companies House on 14 Oct 2026

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.