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Propel Flight Operations Ltd

15534256

active
Private Limited Company
england wales
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

NENE HOUSE, NORTHAMPTON, NN4 7YB
Incorporated 01/03/2024

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 28/02/2026

Due 14/03/2027

On track

Industry

51102
Non-scheduled passenger air transport

Officers

Miss Olivia Alice Wilkinson

director · Since 01/03/2024

DIRECTOR

BRITISH · UNITED KINGDOM · Age 32

Also on 1 other board

Mr Robert John Wilkinson

director · Since 01/03/2024

DIRECTOR

BRITISH · UNITED KINGDOM · Age 63

Also on 14 other boards

Persons with Significant Control

Miss Olivia Alice Wilkinson

25–50% shares
25–50% votes

British · United Kingdom · Age 32

Nene House, 4 Rushmills, Northampton, NN4 7YB

Notified 01/03/2024

Mr Robert John Wilkinson

25–50% shares
25–50% votes

British · United Kingdom · Age 63

Nene House, 4 Rushmills, Northampton, NN4 7YB

Notified 01/03/2024

Former PSCs

Mr Thomas Reade Saunders

Ceased 15/12/2025

CompanyRankvs 8160+ SIC 51102 peers
39

Financial strength9th percentile among SIC peers · 2/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.78× · 6/20
Longevity2 years trading (max 15) · 2/15
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.

Employees14/15 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.

Longevity2/15 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

-£88k

Balance sheet strength

Cash

£563

Cash in the bank

Net Current Assets

-£88k

Working capital

Current Assets

£304k

Current Liabilities

£392k

Debtors

£303k

4avg. employees

Balance Sheet

Assets less current liabilities-£88k
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent Ratio
20250.78

Derived from filed accounts. Not audited figures.