Propel Lettings Limited
05797070
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
30/04/2025
micro entity
Next accounts due
31/01/2027
Confirmation statement
Last: 14/04/2026
Due 28/04/2027
Industry
Officers
director · Since 28/04/2006
PROPERTY DEVELOPER
BRITISH · ENGLAND · Age 78
Also on 4 other boards
Former
corporate nominee secretary · Resigned 27/04/2006
corporate nominee director · Resigned 27/04/2006
Persons with Significant Control
Mr Steve Georgiou
British · England · Age 78
16, Aylmer Parade, London, N2 0PE
Notified 15/01/2026
Mrs Roberta Ann Georgiou
British · England · Age 74
16, Aylmer Parade, London, N2 0PE
Notified 23/01/2026
Change History
Active
Private Limited Company
16 AYLMER PARADE
LONDON
CompanyRankvs 218637+ SIC 68209 peers35
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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 30/04/2025
Net Worth
-£23k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£22k
Working capital
Current Assets
£2k
Current Liabilities
£23k
Fixed Assets
£319
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.07 | -£610 |
| 2024 | 0.09 | +£462 |
| 2023 | 0.06 | — |
Derived from filed accounts. Not audited figures.