PROGRESS RAIL SERVICES UK LIMITED

Active
Company number 07545889Private limited companyIncorporated 2011

Key figures

£68,779,000+11.7%
Net assets 2025
+11.7%
Average annual growth 2024–2025
020 m40 m60 m80 m20242025

† PROGRESS RAIL SERVICES UK LIMITED filed these accounts on paper, so Companies House publishes them only as a scanned image. The figures for the years marked † were read automatically from the scan and kept only where the statements add up (for example net assets equal total equity), but a reading error is still possible — check the original accounts at Companies House.

Ratios

2025

Sector comparison

SIC 24510

Where the company stands among the 106 active companies whose first SIC code is 24510 (Casting of iron).

Net assets£68,779,000
Higher than 97% · median £324,096
Total assets£99,583,000
Higher than 97% · median £671,139
Company age15.7 years
Younger than 62% · median 23.4 years

Positions are approximate. Figures come from each company's latest accounts; money and employee figures are compared only with companies that filed accounts in pounds for a period ending in the last two and a half years and are not dormant, so those groups are smaller than 106. The line on each bar marks the median.

Summary: PROGRESS RAIL SERVICES UK LIMITED

What kind of company is it?

PROGRESS RAIL SERVICES UK LIMITED is a private limited company registered with Companies House under company number 07545889. It was incorporated on 28 Feb 2011. Its status is active. The registered office is in Nottingham (NG10). Its nature of business (SIC 2007) is casting of iron (24510), casting of steel (24520), construction of railways and underground railways (42120).

How is the company doing financially?

The latest accounts in the database are for 2025 (period ending 31 Dec 2025); the company files full accounts. Turnover was £67,440,000. Profit for the year was £7,150,000. Net assets were £68,779,000, up 11.7% on the previous year. Total assets were £99,583,000 and total liabilities £27,444,000. Figures are available for 2 financial years (2024–2025).

How does it compare with similar companies?

Compared with 106 active companies whose first SIC code is 24510: By net assets it ranks higher than 97% of them (median £324,096). By total assets it ranks higher than 97% of them (median £671,139). It is younger than 62% of them (median age 23.4 years).

What do public registers and reports show?

It appears on the Home Office register of licensed sponsors (Global Business Mobility: Senior or Specialist Worker, Skilled Worker). HMRC lists it as an importer of goods, mainly iron and steel articles, electrical equipment, plastics. HMRC lists it as an exporter of goods, mainly iron and steel articles, other base metals, electrical equipment. In its latest payment practices report it took an average of 51 days to pay suppliers, and 0% of invoices were not paid within agreed terms. Its gender pay gap report for 2025/26 shows median hourly pay for women 1% lower than for men.

Who runs and controls the company?

One person with significant control is registered.

When are its next filings due?

The next accounts are due by 30 Sep 2027. The next confirmation statement is due by 21 Oct 2027.

Filed accounts2024–2025
2024 †2025 †
Turnover59,191,00067,440,000
Profit for the year2,879,0007,150,000
Total assets91,029,00099,583,000
Total liabilities26,521,00027,444,000
Net assets / total equity61,599,00068,779,000

A dash (—) means no accounts were filed for that year or the item is not in the accounts; 0 is a zero stated in the accounts. Small companies usually file only a balance sheet, so the profit and loss account is often missing.

Statutory reporting

Payment practices1 Jan 2026 – 30 Jun 2026
Average time taken to pay invoices
51 days
Invoices not paid within agreed terms
0%
Member of a payment code
No
  • Within 30 days 5%
  • 31 to 60 days 78%
  • After 60 days 17%
Earlier periods (7)
Period ending
Days to pay
Within 30 days
Late
31 Dec 2025
51
6%
9%
30 Jun 2025
56
5%
9%
31 Dec 2024
64
3%
15%
30 Jun 2024
64
3%
16%
31 Dec 2023
66
5%
17%
30 Jun 2023
63
5%
17%
31 Dec 2022
61
6%
16%

View the latest report on GOV.UK

Gender pay gap2025/26
Median hourly pay
women 1% lower
Mean hourly pay
women 1% lower
Median bonus pay
women 100% higher
Employer size
500 to 999 employees
Lower pay quarter12% womenLower middle11% womenUpper middle22% womenUpper pay quarter27% women
Earlier years (8)
Year
Median hourly pay
Mean hourly pay
2024/25
women 19% lower
women 8% lower
2023/24
women 16.3% lower
women 8% lower
2022/23
women 6.2% lower
women 1.7% lower
2021/22
women 7.2% lower
women 3% lower
2020/21
women 18.4% lower
women 0.5% lower
2019/20
women 11.8% lower
women 4% higher
2018/19
women 4.5% higher
women 6.8% higher
2017/18
women 5.3% lower
women 0.6% higher

A positive gap means women's average hourly pay is lower than men's across the whole employer; it is not a comparison of pay for the same work. View on the Gender pay gap service

Figures the company reported itself to the government's Check payment practices service, Gender pay gap service and Modern slavery statement registry (Open Government Licence v3.0). Only large companies and employers with 250 or more staff have to report, so most companies have nothing here.

Registers and licences

Sponsor licence‡
Licence type and rating
Worker (A rating)
Routes
Global Business Mobility: Senior or Specialist Worker, Skilled Worker

On the Home Office register of licensed sponsors, which lists organisations licensed to sponsor workers from overseas.

International trade‡

Listed by HMRC as an importer of goods in 11 of the last 12 months on record, most recently August 2026. Main goods: iron and steel articles, electrical equipment, plastics, railway equipment and optical, medical and measuring instruments.

Listed by HMRC as an exporter of goods in 12 of the last 12 months on record, most recently August 2026. Main goods: iron and steel articles, other base metals, electrical equipment, tools and cutlery and machinery.

From HMRC's monthly lists of importers and exporters. Traders can ask to be left off the lists, so absence does not mean a company does not trade.

Sources: Charity Commission for England and Wales, Care Quality Commission, Home Office and HM Revenue & Customs, under the Open Government Licence v3.0. Entries marked ‡ come from lists that do not state a company number and were linked by an exact match on the registered name.

History

6 events
  1. Financial year 2025 endedAccounts: turnover £67.4m, net assets £68.8m
  2. Financial year 2024 endedAccounts: turnover £59.2m, net assets £61.6m
  3. Caterpillar Inc. registered as a person with significant control
  4. Caterpillar Luxembourg S.A.R.L. registered as a person with significant control
  5. Caterpillar Luxembourg S.A.R.L. ceased to be a person with significant control
  6. Company incorporatedPrivate limited company

Dates as recorded at Companies House: incorporation, name changes, officer appointments and resignations, current and former persons with significant control, and the end of each financial year with figures in the database.