Propel Finance No 1 Limited
Propel Finance No 1 Limited is an active company incorporated on 12 February 2016 with the registered office located in Newport, Gwent. Propel Finance No 1 Limited was registered 9 years ago.
Status
Active
Active since incorporation
Company No
10003271
Private limited company
Age
9 years
Incorporated 12 February 2016
Size
Micro
Balance sheet is under £500,000
Under 10 employees
Confirmation
Submitted
Dated 7 February 2025 (7 months ago)
Next confirmation dated 7 February 2026
Due by 21 February 2026 (5 months remaining)
Last change occurred 4 years ago
Accounts
Submitted
For period 1 Jan ⟶ 31 Dec 2024 (1 year)
Accounts type is Full
Next accounts for period 31 December 2025
Due by 30 September 2026 (1 year remaining)
Shareholders, PSCs & Group Structure
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Mutual Companies
Richard James McDougall is a mutual person.
Active
Edward Hugh McNeill is a mutual person.
Active
Financials
Net Assets, Total Assets & Total Liabilities (2016–2024)
Period Ended
31 Dec 2024
For period 31 Dec ⟶ 31 Dec 2024
Traded for 12 months
Cash in Bank
£9.67M
Increased by £1.17M (+14%)
Turnover
£35.07M
Increased by £594K (+2%)
Employees
5
Same as previous period
Total Assets
£356.54M
Increased by £13.58M (+4%)
Total Liabilities
-£376.89M
Increased by £20.06M (+6%)
Net Assets
-£20.35M
Decreased by £6.48M (+47%)
Debt Ratio (%)
106%
Increased by 1.66% (+2%)
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Repayment History
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