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Propulsion Property Ltd

14717226

active
ltd
england wales
Companies House
Health Score
84 / 100

Healthy

30/30
Filing
20/30
Financial
34/40
Risk
  • 3 outstanding charges (-6)

Details

16 Halstead Lane, Barrowford, Nelson, BB9 6HH
Incorporated 08/03/2023

Compliance

Last accounts

31/03/2025

micro entity

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 07/03/2026

Due 21/03/2027

On track

Industry

68100
Buying and selling of own real estate
68209
Other letting and operating of own or leased real estate

Officers

Mr Christopher Adam Forrest

director · Since 08/03/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 33

Also on 3 other boards

Mr James Daniel Forrest

director · Since 08/03/2023

DIRECTOR

BRITISH · WALES · Age 35

Christopher Adam Forrest

director · Since 08/03/2023

British · United Kingdom · Age 33

James Daniel Forrest

director · Since 08/03/2023

British · Wales · Age 35

Former

Tracy Malane Entwistle

director · Resigned 21/03/2025

William Forrest

director · Resigned 21/03/2025

Persons with Significant Control

Mr James Daniel Forrest

25–50% shares
25–50% votes
Appoint directors

British · Wales · Age 35

154, London Road, Holyhead, LL65 2RB

Notified 08/03/2023

Mr Christopher Adam Forrest

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 33

35, Burnley Road, Burnley, BB10 2JF

Notified 08/03/2023

Charges3 outstanding

Charge
outstanding

SAFFRON BUILDING SOCIETY

Created 11/07/2024Registered 12/07/2024
Charge
outstanding

TOGETHER COMMERCIAL FINANCE LIMITED

Created 13/07/2023Registered 03/08/2023
Charge
outstanding

TOGETHER COMMERCIAL FINANCE LIMITED

Created 13/07/2023Registered 21/07/2023

Change History

statusactive
2026-07-11

Active

typeltd
2026-07-11

Private Limited Company

address line116 Halstead Lane
2026-07-11

16 HALSTEAD LANE

post townNelson
2026-07-11

NELSON

officer appointedFORREST, Christopher Adam
2026-07-11
officer appointedFORREST, James Daniel
2026-07-11

CompanyRankvs 114573+ SIC 68100 peers
29

Financial strength63th percentile among SIC peers · 16/25
Employees19th percentile among SIC peers · 3/15
LiquidityCurrent ratio NaN× · 2/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength16/25 pts

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

Employees3/15 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.

Longevity3/15 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.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/03/2025

Turnover

£4k

Annual revenue

Net Worth

£6k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£0

Working capital

Current Assets

£0

Current Liabilities

£0

Fixed Assets

£140k

Profit After Tax

-£2k

0avg. employees

Balance Sheet

Assets less current liabilities£140k
Signed by 1.4.24Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent RatioImplied Profit
2025NaN-£27k

Derived from filed accounts. Not audited figures.