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Propel Nw Ltd

13686207

active
PRI/LTD BY GUAR/NSC (Private, limited by guarantee, no share capital)
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

62 CANALSIDE COMMUNITY CENTRE, BURNLEY, BB11 2SF
Incorporated 18/10/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

88990
Other social work activities without accommodation
96040
Physical well-being activities
96090
Other personal service activities

Officers

Mr Abdul Haleem

director · Since 18/10/2021

DIRECTOR

BRITISH · UNITED KINGDOM · Age 51

Also on 2 other boards

Mr Chhibubhai Mistry

director · Since 18/10/2021

RETIRED

BRITISH · UNITED KINGDOM · Age 70

Mr Afazal Mohammad

director · Since 18/10/2021

ACCOUNTANT

BRITISH · ENGLAND · Age 41

Also on 1 other board

Persons with Significant Control

Mr Abdul Haleem

50–75% votes
Appoint directors

British · United Kingdom · Age 51

Canalside Community Centre, 62 Lindsay Street, Burnley, BB11 2SA

Notified 18/10/2021

CompanyRankvs 8203+ SIC 88990 peers
44

Financial strength43th percentile among SIC peers · 11/25
Employees48th percentile among SIC peers · 7/15
LiquidityCurrent ratio 0.72× · 6/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
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8203Propel Nw Ltd
39
How is this score calculated?
Financial strength11/25 pts

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

Employees7/15 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.

Longevity5/15 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 31/10/2024

Net Worth

£140

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£140

Working capital

Current Assets

£366

Current Liabilities

£506

1avg. employees-1

Balance Sheet

Assets less current liabilities£140
Prepared with Companies House

EstimatesDerived

YearCurrent Ratio
20240.72
20230.89
20220.94

Derived from filed accounts. Not audited figures.