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Propulsion Film & Television Limited

11864360

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

2 NORTHUMBERLAND MEWS, MARGATE, CT9 3FG
Incorporated 06/03/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

59111
Motion picture production activities
59113
Television programme production activities

Officers

Mrs Georgina Richards

secretary · Since 06/03/2019

Also on 1 other board

Mrs Georgina Richards

director · Since 06/03/2019

DIRECTOR

BRITISH · UNITED KINGDOM · Age 49

Also on 1 other board

Mr Karl Nicholas Richards

director · Since 06/03/2019

DIRECTOR

BRITISH · ENGLAND · Age 52

Also on 2 other boards

Persons with Significant Control

Mr Karl Nicholas Richards

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

British · United Kingdom · Age 52

2, Northumberland Mews, Margate, CT9 3FG

Notified 06/03/2019

CompanyRankvs 9494+ SIC 59111 peers
45

Financial strength18th percentile among SIC peers · 5/25
Employees79th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.87× · 6/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength5/25 pts

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

Employees12/15 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.

Longevity7/15 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

-£2k

Balance sheet strength

Cash

£24k

Cash in the bank

Net Current Assets

-£4k

Working capital

Current Assets

£25k

Current Liabilities

£29k

Fixed Assets

£1k

Debtors

£2k

2avg. employees

Tax at Year End

Corp tax£15k
VAT£3k

Director Loans

Company owes directors£10k
Directors owe company£100

Balance Sheet

Assets less current liabilities-£2k
Signed by Mr Karl Richards 02/06/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20250.87+£137£59k
20240.85-£20k£57k
20232.59-£12k£49k
202263.87+£27k
20214.98-£11k
202018.81

Derived from filed accounts. Not audited figures.