Propel Systems Limited
03155072
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Gwyn William Carwardine
British · England · Age 57
Stockland Oast, Stockland Lane, Hadlow Down, TN22 4EA
Notified 06/04/2016
Miss Gillian Terry
British · England · Age 51
Stockland Oast, Stockland Lane, Hadlow Down, TN22 4EA
Notified 06/04/2016
CompanyRankvs 3781+ SIC 62012 peers78
Show leaderboard
How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/12/2025
Net Worth
£111k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£110k
Working capital
Current Assets
£116k
Current Liabilities
£6k
Fixed Assets
£345
Tax at Year End(2017)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 19.22 | +£0 |
| 2025 | 19.22 | -£8k |
| 2024 | 11.92 | -£827 |
| 2023 | 4.50 | +£7k |
| 2022 | 4.69 | -£7k |
| 2021 | 6.01 | -£9k |
| 2020 | 3.27 | -£51k |
| 2019 | 4.13 | -£24k |
| 2018 | 3.61 | -£11k |
| 2017 | 4.34 | — |
Derived from filed accounts. Not audited figures.