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Propeller Communications Ltd

04236148

active
Private Limited Company
england wales
Companies House
Health Score
69 / 100

Some Concerns

25/30
Filing
10/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • 3 outstanding charges (-6)

Details

42 COLEBROOKE ROW, LONDON, N1 8AF
Incorporated 18/06/2001

Compliance

Last accounts

30/09/2024

total exemption full

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 23/09/2025

Due 07/10/2026

On track

Industry

62090
Other information technology service activities

Officers

Richard Bruton

director · Since 18/06/2001

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 53

Also on 1 other board

Matthew Iain Richardson

secretary · Since 01/03/2007

BRITISH · Age 48

Persons with Significant Control

Spinnaker Group Limited

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

42, Colebrooke Row, London, N1 8AF

Reg: 11169997 · Companies House · Private Limited Company

Notified 22/03/2018

Former PSCs

Mr Richard Bruton

Ceased 22/03/2018

Charges3 outstanding

Charge
outstanding

LLOYDS BANK PLC

Created 22/06/2018Registered 29/06/2018
Charge
outstanding

LLOYDS BANK PLC

Created 22/06/2018Registered 28/06/2018
charge
outstanding

GQS PROPERTIES LIMITED

Created 07/11/2012Registered 14/11/2012
charge
satisfied

ALECTA PENSIONSFORSAKRING OMSESIDIGT

Created 18/10/2007Registered 02/11/2007Satisfied 06/06/2018
charge
satisfied

JLP INVESTMENT COMPANY LIMITED

Created 29/07/2004Registered 04/08/2004Satisfied 06/06/2018

CompanyRankvs 10892+ SIC 62090 peers
60

Financial strength99th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityNo balance sheet data · 0/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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10892Propeller Communications Ltd
70
How is this score calculated?
Financial strength25/25 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.

Liquidity0/20 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 30/09/2024

Net Worth

£4.7M

Balance sheet strength

Cash

£1.8M

Cash in the bank

Net Current Assets

—

Working capital

Current Assets

—

Current Liabilities

£365k

Fixed Assets

£315k

Debtors

£3.0M

33avg. employees+1

Tax at Year End(2019)

Dividends paid-£158k
Prepared with Silverfin

EstimatesDerived

YearCurrent RatioImplied Profit
2024—+£95k
2023—+£695k
2022—+£748k
20216.13+£1.1M
20204.93+£128k
20193.85—

Derived from filed accounts. Not audited figures.