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Cjr Propulsion Limited

02526127

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

72 QUAYSIDE ROAD, SOUTHAMPTON, SO18 1AD
Incorporated 30/07/1990

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

30110
Building of ships and floating structures

Officers

Mr Mark Jonathon Russell

director · Since 30/07/1991

DIRECTOR

BRITISH · ENGLAND · Age 64

Also on 7 other boards

Mrs Belinda Jayne Russell

director · Since 20/02/2014

DIRECTOR

BRITISH · ENGLAND · Age 62

Also on 2 other boards

Persons with Significant Control

Cjr Propulsion Holdings Limited

75–100% shares
75–100% votes
Appoint directors

72, Quayside Road, Southampton, SO18 1AD

Reg: 14471355 · England And Wales · Private Limited Company

Notified 10/11/2022

Former PSCs

Mr Mark Jonathon Russell

Ceased 10/11/2022

Charges2 outstanding

Charge
outstanding

MARK JONATHON RUSSELL AS SECURITY TRUSTEE

Created 10/11/2022Registered 16/11/2022
Charge
satisfied

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NATIONAL WESTMINSTER BANK PLC

Created 01/10/1991Registered 09/10/1991Satisfied 11/08/2021
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 26/09/1991Registered 03/10/1991

CompanyRankvs 108+ SIC 30110 peers
53

Financial strength96th percentile among SIC peers · 24/25
Employees23th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.66× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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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.

Employees3/15 pts

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

Liquidity6/20 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 31/05/2025

Net Worth

£2.7M

Balance sheet strength

Cash

£733k

Cash in the bank

Net Current Assets

-£1.4M

Working capital

Current Assets

£2.7M

Current Liabilities

£4.1M

Fixed Assets

£6.1M

Debtors

£1.2M

0avg. employees

Tax at Year End

Corp tax£174k

Balance Sheet

Intangible assets£4k
Assets less current liabilities£4.7M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20250.66+£0
20250.66-£2.0M
20241.08-£791k
20231.26+£981k
20221.28+£835k
20211.23

Derived from filed accounts. Not audited figures.