Propalys Limited
05135017
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
31/12/2024
micro entity
Next accounts due
30/09/2026
Confirmation statement
Last: 21/05/2026
Due 04/06/2027
Industry
Officers
Former
corporate director · Resigned 21/05/2004
corporate secretary · Resigned 21/05/2004
director · Resigned 30/06/2017
secretary · Resigned 30/06/2017
director · Resigned 29/07/2024
secretary · Resigned 13/11/2024
Persons with Significant Control
Mr Steven William Brazier
British · United Kingdom · Age 60
Cumberland Court, 80 Mount Street, Nottingham, NG1 6HH
Notified 06/04/2016
Charges0 outstanding
NATIONAL WESTMINSTER BANK PLC
NATIONAL WESTMINSTER BANK PLC
Change History
Active
Private Limited Company
CUMBERLAND COURT
NOTTINGHAM
CompanyRankvs 203596+ SIC 68209 peers36
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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 31/12/2024
Net Worth
-£175k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£1.7M
Working capital
Current Assets
£128k
Current Liabilities
£1.8M
Fixed Assets
£1.5M
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.07 | -£225k |
| 2023 | 0.20 | — |
Derived from filed accounts. Not audited figures.