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Propeo Ltd

11932640

active - proposal to strike off
Private Limited Company
england wales
Companies House
Health Score
N/A

Details

20-22 WENLOCK ROAD, LONDON, N1 7GU
Incorporated 08/04/2019

Compliance

Last accounts

30/04/2023

micro entity

Next accounts due

31/01/2025

Overdue

Confirmation statement

Last: 27/06/2024

Due 11/07/2025

Overdue

Industry

49410
Freight transport by road

Officers

Mr Arturs Daudiss

director · Since 08/04/2019

COMPANY DIRECTOR

LATVIAN · UNITED KINGDOM · Age 37

Also on 2 other boards

Persons with Significant Control

Arturs Daudiss

75–100% shares

Latvian · United Kingdom · Age 37

Flat 4, Marreg House, Middleborough Road, Coventry, CV1 4DN

Notified 08/04/2019

CompanyRankvs 47142+ SIC 49410 peers
26

Financial strength3th percentile among SIC peers · 1/25
Employees9th percentile among SIC peers · 1/15
LiquidityCurrent ratio 0.21× · 2/20
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 strength1/25 pts

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

Employees1/15 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.

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 30/04/2023

Turnover

£406k

Annual revenue

Net Worth

-£45k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£155k

Working capital

Current Assets

£40k

Current Liabilities

£195k

Fixed Assets

£109k

Profit After Tax

-£221k

0avg. employees

Balance Sheet

Assets less current liabilities-£45k
Signed by 1.5.22Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent RatioImplied Profit
20230.21-£176k
20221.42+£90k
20211.55

Derived from filed accounts. Not audited figures.