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Propel Lettings Limited

05797070

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

16 AYLMER PARADE, LONDON, N2 0PE
Incorporated 26/04/2006

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 28/04/2006

SECRETARY

BRITISH · Age 74

Also on 4 other boards

Mr Steve Georgiou

director · Since 28/04/2006

PROPERTY DEVELOPER

BRITISH · ENGLAND · Age 77

Also on 4 other boards

Persons with Significant Control

Mr Steve Georgiou

25–50% shares
25–50% votes

British · England · Age 77

16, Aylmer Parade, London, N2 0PE

Notified 15/01/2026

Mrs Roberta Ann Georgiou

25–50% shares
25–50% votes

British · England · Age 74

16, Aylmer Parade, London, N2 0PE

Notified 23/01/2026

CompanyRankvs 219844+ SIC 68209 peers
34

Financial strength9th percentile among SIC peers · 2/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 0.07× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength2/25 pts

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

Employees0/15 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.

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

Assets less current liabilities-£22k
Signed by S Georgiou 19 December 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.07-£610
20240.09+£462
20230.06+£623
20220.01-£1k
20211.34-£239
20203.46-£7k
20194.28-£23k
20183.68

Derived from filed accounts. Not audited figures.