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Propex Limited

03167669

active
Private Limited Company
Companies House
Health Score
72 / 100

Some Concerns

30/30
Filing
10/30
Financial
32/40
Risk
  • Current liabilities exceed current assets (-10)
  • 4 outstanding charges (-8)

Details

GROSVENOR HOUSE, BRIXHAM, TQ5 8LZ
Incorporated 28/02/1996

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Ian Arthur Webb

secretary · Since 01/03/1996

ACCOUNTANT

BRITISH · ENGLAND · Age 77

Also on 119 other boards

Mr Sean Edward Rice

director · Since 27/08/2025

NONE

BRITISH · UNITED KINGDOM · Age 77

Also on 14 other boards

Mr Ian Arthur Webb

director · Since 27/08/2025

NONE

BRITISH · ENGLAND · Age 77

Also on 119 other boards

Persons with Significant Control

Mr Ian Arthur Webb

voting-rights-75-to-100-percent-as-trust

British · England · Age 77

Grosvenor House, Brixham, TQ5 8LZ

Notified 29/09/2025

Mr Sean Edward Rice

Appoint directors

British · England · Age 77

Grosvenor House, Brixham, TQ5 8LZ

Notified 29/09/2025

Mr Richard John Rawson

Appoint directors

British · England · Age 80

Grosvenor House, Brixham, TQ5 8LZ

Notified 29/09/2025

Former PSCs

Mr Anthony James Rawson

Ceased 29/09/2025

Mr Richard Cox

Ceased 19/03/2026

Charges4 outstanding

charge
outstanding

BARCLAYS BANK PLC

Created 29/06/2001Registered 06/07/2001
charge
outstanding

BARCLAYS BANK PLC

Created 20/04/2001Registered 03/05/2001
charge
outstanding

BARCLAYS BANK PLC

Created 20/04/2001Registered 03/05/2001
charge
outstanding

BARCLAYS BANK PLC

Created 18/04/2001Registered 03/05/2001

CompanyRankvs 32508+ SIC 68209 peers
59

Financial strength91th percentile among SIC peers · 23/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.12× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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32508Propex Limited
69
How is this score calculated?
Financial strength23/25 pts

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

Employees14/15 pts

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

Liquidity2/20 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 31/12/2024

Net Worth

£698k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£854k

Working capital

Current Assets

£120k

Current Liabilities

£978k

Fixed Assets

£2.8M

3avg. employees

Balance Sheet

Assets less current liabilities£1.9M
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20240.12+£13k
20230.15+£3k
20220.12+£29k
20210.50+£31k
20200.51+£28k
20190.48+£30k
20180.44+£53k
20170.57—

Derived from filed accounts. Not audited figures.