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Propel Developments Limited

04186594

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

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

Details

16 AYLMER PARADE, LONDON, N2 0PE
Incorporated 23/03/2001

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Roberta Ann Georgiou

secretary · Since 27/03/2001

SECRETARY

BRITISH · Age 74

Also on 4 other boards

Mr Steve Georgiou

director · Since 27/03/2001

PROPERTY DEVELOPER

BRITISH · ENGLAND · Age 77

Also on 4 other boards

CompanyRankvs 45138+ SIC 68209 peers
69

Financial strength96th percentile among SIC peers · 24/25
Employees57th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.54× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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45138Propel Developments Limited
65
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.

Employees9/15 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.

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

Key FinancialsYear ending 31/03/2025

Net Worth

£1.7M

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£365k

Working capital

Current Assets

£435k

Current Liabilities

£799k

Fixed Assets

£2.1M

1avg. employees

Balance Sheet

Assets less current liabilities£1.7M
Signed by S Georgiou 19 December 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.54+£179k
20240.44+£165k
20230.38+£94k
20220.34+£122k
20210.31+£129k
20200.28+£132k
20190.25+£134k
20180.22—

Derived from filed accounts. Not audited figures.