PROGRESS RAIL SERVICES UK LIMITED
Get an alert when PROGRESS RAIL SERVICES UK LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Cash
—
Latest balance sheet
Net assets
£69m
+11.7% highest in 3 filed years
Employees
473
+3.1% highest in 3 filed years
Profit before tax
£9.7m
+140.2% highest in 3 filed years
Net assets
3-year trend · vs Industrials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £57,633,000 | £59,191,000 | £67,440,000 | +13.9% | |
| Operating profit | £2,000 | £2,796,000 | £8,188,000 | +192.8% | |
| Profit before tax | £1,274,000 | £4,030,000 | £9,681,000 | +140.2% | |
| Net profit | £852,000 | £2,879,000 | £7,150,000 | +148.4% | |
| Cash | — | — | — | — | |
| Total assets less current liabilities | £61,221,000 | £64,508,000 | £72,139,000 | +11.8% | |
| Net assets | £58,696,000 | £61,599,000 | £68,779,000 | +11.7% | |
| Equity | £58,696,000 | £61,599,000 | £68,779,000 | +11.7% | |
| Average employees | 470 | 459 | 473 | +3.1% | |
| Wages | £20,932,000 | £20,983,000 | £22,278,000 | +6.2% | |
| Directors' remuneration | £293,000 | £632,000 | £912,000 | +44.3% | |
| Directors' pension contributions | £14,000 | £28,000 | — | — | |
| Highest paid director | £214,000 | £319,000 | £385,000 | +20.7% |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | 0.0% | 4.7% | 12.1% | |
| Net margin | 1.5% | 4.9% | 10.6% | |
| Return on capital employed | 0.0% | 4.3% | 11.4% | |
| Gearing (liabilities / total assets) | 29.1% | 32.3% | 30.9% | |
| Current ratio | 2.70x | 2.48x | 2.75x | |
| Interest cover | 0.00x | 4.77x | 17.61x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months”
Significant events
- “Recovery of operations at the Sandiacre facility following the flooding incident in October 2023.”
- “Receipt of insurance proceeds of £3,187,000 in March 2025 relating to the Sandiacre facility flooding damage.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 23 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MARCO, Nicolas | Director | 2025-02-28 | Feb 1979 | French |
| SCHMIDT, Claudia | Director | 2026-08-18 | Mar 1983 | German |
| TICE, Stephen Graham | Director | 2024-08-01 | Aug 1983 | British |
| TODD, Adam David Campbell | Director | 2023-10-01 | Jul 1981 | British |
Show 23 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| DEASON, Johanna Elizabeth | Secretary | 2018-09-11 | 2019-08-29 |
| DICKSON, Tom | Secretary | 2022-04-27 | 2022-12-31 |
| MORENO PRIETO, Natalia | Secretary | 2023-01-15 | 2026-03-20 |
| NICHOLLS, Janette Margaret | Secretary | 2011-03-24 | 2018-01-31 |
| WAHIWALA, Manohar Singh | Secretary | 2020-05-22 | 2022-04-27 |
| BURROUGHS, Nigel John | Director | 2011-03-24 | 2021-01-31 |
| CANTRELL, Jimmy Duane | Director | 2011-09-29 | 2015-09-21 |
| CHURM, Keith Harold | Director | 2011-07-01 | 2012-01-09 |
| CLEAVER, Michael David | Director | 2012-11-30 | 2017-12-18 |
| DOBNEY, Laurence Michael | Director | 2011-03-24 | 2012-11-30 |
| FENEMORE, Timothy John | Director | 2013-11-01 | 2015-04-01 |
| GONZALES, Randall Banks | Director | 2015-09-21 | 2018-09-11 |
| GRANEY, Bernard | Director | 2011-07-01 | 2015-09-21 |
| LAIRD, Calum | Director | 2022-08-01 | 2025-07-15 |
| LAW, George Alexander | Director | 2021-05-31 | 2022-07-31 |
| MURPHY, Colin | Director | 2011-07-01 | 2021-05-31 |
| NAISH, Richard David Charles | Director | 2011-02-28 | 2011-03-24 |
| NEWMAN, Jonathan George | Director | 2015-09-21 | 2024-07-31 |
| ROEDER, David Russell | Director | 2012-01-09 | 2018-09-11 |
| RUSSELL, Mark Anthony | Director | 2011-07-01 | 2014-12-04 |
| TODD, Adam David Campbell | Director | 2015-06-01 | 2017-08-14 |
| VIRMANI, Sandeep | Director | 2017-12-18 | 2018-09-01 |
| ZADUCK, Kelly Anne Leman | Director | 2021-01-31 | 2025-02-28 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Caterpillar Luxembourg S.A.R.L. | Corporate entity | Shares 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 90 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-28 | AA | accounts | Accounts with accounts type full | |
| 2026-08-26 | AP01 | officers | Appoint person director company with name date | |
| 2026-03-23 | TM02 | officers | Termination secretary company with name termination date | |
| 2026-03-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-16 | AA | accounts | Accounts with accounts type full | |
| 2025-07-16 | TM01 | officers | Termination director company with name termination date | |
| 2025-03-11 | AP01 | officers | Appoint person director company with name date | |
| 2025-02-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-02-28 | TM01 | officers | Termination director company with name termination date | |
| 2024-09-19 | AA | accounts | Accounts with accounts type full | |
| 2024-08-01 | TM01 | officers | Termination director company with name termination date | |
| 2024-08-01 | AP01 | officers | Appoint person director company with name date | |
| 2024-03-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-02 | AP01 | officers | Appoint person director company with name date | |
| 2023-09-26 | AA | accounts | Accounts with accounts type full | |
| 2023-03-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-01-19 | AD01 | address | Change registered office address company with date old address new address | |
| 2023-01-16 | AP03 | officers | Appoint person secretary company with name date | |
| 2023-01-06 | TM02 | officers | Termination secretary company with name termination date | |
| 2022-10-01 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 1
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.