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Propel Software Limited

15748698

active
ltd
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

24 St. Andrew's Grove, London, N16 5NE
Incorporated 29/05/2024

Compliance

Last accounts

30/05/2025

micro entity

Next accounts due

28/02/2027

On track

Confirmation statement

Last: 23/04/2026

Due 07/05/2027

On track

Industry

62012
Business and domestic software development

Officers

Mr Alexander Matyas

director · Since 29/05/2024

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 65

Also on 18 other boards

Alexander Matyas

director · Since 29/05/2024

British · England · Age 65

Persons with Significant Control

Mr Alexander Matyas

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

British · England · Age 65

24, St. Andrew's Grove, London, N16 5NE

Notified 29/05/2024

Change History

statusactive
2026-07-13

Active

typeltd
2026-07-13

Private Limited Company

address line124 St. Andrew's Grove
2026-07-13

24 ST. ANDREW'S GROVE

post townLondon
2026-07-13

LONDON

CompanyRankvs 44471+ SIC 62012 peers
33

Financial strength5th percentile among SIC peers · 1/25
Employees89th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.08× · 2/20
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 strength1/25 pts

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

Employees13/15 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.

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 30/05/2025

Net Worth

-£76k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£75k

Working capital

Current Assets

£7k

Current Liabilities

£82k

4avg. employees

Balance Sheet

Assets less current liabilities-£75k
Prepared with Sage Accounts Production 25.0 - FRS102_2025

EstimatesDerived

YearCurrent Ratio
20250.08

Derived from filed accounts. Not audited figures.