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Propex Heating And Leisure Ltd

02176480

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
10/30
Financial
30/40
Risk
  • Current liabilities exceed current assets (-10)
  • 5 outstanding charges (-10)

Details

71 THE HUNDRED, ROMSEY, SO51 8BZ
Incorporated 12/10/1987

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46190
Agents involved in the sale of a variety of goods

Officers

Mr David Armstrong Elliott

director · Since 13/06/1991

DIRECTOR

BRITISH · ENGLAND · Age 69

Also on 2 other boards

Mrs Sally Ann Elliott

secretary · Since 01/10/2008

OFFICE ADMIN

BRITISH · ENGLAND · Age 67

Also on 1 other board

Mrs Sally Ann Elliott

director · Since 01/10/2008

OFFICE ADMIN

BRITISH · ENGLAND · Age 67

Also on 1 other board

Mr Richard Malcolm Kitchener

director · Since 23/10/2013

SALES MANAGER

BRITISH · ENGLAND · Age 62

Also on 1 other board

Persons with Significant Control

Mr David Armstrong Elliott

25–50% shares

British · England · Age 69

Unit 10, Carvers Trading Estate, Southampton Road, Ringwood, BH24 1JS

Notified 27/04/2016

Mrs Sally Ann Elliott

25–50% shares

British · England · Age 67

Unit 10, Carvers Trading Estate, Southampton Road, Ringwood, BH24 1JS

Notified 27/04/2016

Mr Richard Malcolm Kitchener

Significant control

British · England · Age 62

Unit 10, Carvers Trading Estate, Southampton Road, Ringwood, BH24 1JS

Notified 27/04/2016

Charges5 outstanding

charge
outstanding

BARCLAYS BANK PLC

Created 11/05/2012Registered 22/05/2012
charge
outstanding

LOMBARD NORTH CENTRAL PLC

Created 05/01/1999Registered 07/01/1999
charge
outstanding

BARCLAYS BANK PLC

Created 08/04/1998Registered 21/04/1998
charge
outstanding

BARCLAYS BANK PLC

Created 29/04/1997Registered 06/05/1997
charge
outstanding

BARCLAYS BANK PLC

Created 03/03/1997Registered 13/03/1997

CompanyRankvs 65+ SIC 46190 peers
79

Financial strength97th percentile among SIC peers · 24/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 5.01× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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65Propex Heating And Leisure Ltd
89
How is this score calculated?
Financial strength24/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/01/2025

Net Worth

£1.1M

Balance sheet strength

Cash

£393k

Cash in the bank

Net Current Assets

£1.0M

Working capital

Current Assets

£1.3M

Current Liabilities

£259k

Fixed Assets

£35k

Debtors

£273k

8avg. employees

Balance Sheet

Assets less current liabilities£1.1M
Signed by 2024-02-01Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20255.01+£18k
20243.96-£1k
20233.49+£105k
20222.48+£309k
20211.91+£210k
20201.69+£75k
20191.52—

Derived from filed accounts. Not audited figures.