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Propulsion Technologies Limited

Propulsion Technologies Limited is an active company incorporated on 19 August 2016 with the registered office located in Woking, Surrey. Propulsion Technologies Limited was registered 9 years ago.
Status
Active
Active since incorporation
Company No
10338183
Private limited company
Age
9 years
Incorporated 19 August 2016
Size
Small
Turnover is under £15M
Under 50 employees
Confirmation
Submitted
Dated 2 August 2025 (4 months ago)
Next confirmation dated 2 August 2026
Due by 16 August 2026 (8 months remaining)
Last change occurred 8 years ago
Accounts
Submitted
For period 1 Jan31 Dec 2024 (1 year)
Accounts type is Full
Next accounts for period 31 December 2025
Due by 30 September 2026 (9 months remaining)
Address
Mclaren Technology Centre
Chertsey Road
Woking
GU21 4YH
England
Address changed on 2 Dec 2025 (8 days ago)
Previous address was Unit 1 Connexion Central Boulevard Blythe Valley Park Solihull West Midlands B90 8AW England
Telephone
01926674500
Email
Unreported
People
Officers
4
Shareholders
2
Controllers (PSC)
1
Director • British • Lives in UK • Born in Oct 1961
Director • Managing Director • British • Lives in England • Born in Nov 1967
Director • German • Lives in United Arab Emirates • Born in Jan 1971
McLaren Automotive Holdings Limited
PSC
Shareholders, PSCs & Group Structure
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Mutual Companies
Welsh Automotive Forum
Michael Keith Straughan is a mutual person.
Active
Perform Beyond Ltd
Michael Keith Straughan is a mutual person.
Active
Lunaz Group Ltd
Michael Keith Straughan is a mutual person.
Liquidation
Financials
Net Assets, Total Assets & Total Liabilities (2017–2024)
Period Ended
31 Dec 2024
For period 31 Dec31 Dec 2024
Traded for 12 months
Cash in Bank
£10K
Same as previous period
Turnover
£14.91M
Decreased by £3.96M (-21%)
Employees
46
Increased by 3 (+7%)
Total Assets
£20.47M
Decreased by £6.03M (-23%)
Total Liabilities
-£28.07M
Decreased by £4.22M (-13%)
Net Assets
-£7.6M
Decreased by £1.81M (+31%)
Debt Ratio (%)
137%
Increased by 15.26% (+13%)
Latest Activity
Registered Address Changed
8 Days Ago on 2 Dec 2025
Mr Martin Koster Appointed
12 Days Ago on 28 Nov 2025
Mclaren Automotive Holdings Limited (PSC) Appointed
12 Days Ago on 28 Nov 2025
Elringklinger Ag (PSC) Resigned
12 Days Ago on 28 Nov 2025
Neil William Howlett Resigned
12 Days Ago on 28 Nov 2025
Mr Michael Keith Straughan Appointed
12 Days Ago on 28 Nov 2025
Paul James Alexander Resigned
12 Days Ago on 28 Nov 2025
Elringklinger Ag (PSC) Details Changed
14 Days Ago on 26 Nov 2025
Hofer Powertrain International Gmbh (PSC) Resigned
14 Days Ago on 26 Nov 2025
Full Accounts Submitted
14 Days Ago on 26 Nov 2025
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Documents
Appointment of Mr Martin Koster as a director on 28 November 2025
Submitted on 3 Dec 2025
Certificate of change of name
Submitted on 3 Dec 2025
Cessation of Elringklinger Ag as a person with significant control on 28 November 2025
Submitted on 2 Dec 2025
Termination of appointment of Paul James Alexander as a secretary on 28 November 2025
Submitted on 2 Dec 2025
Registered office address changed from Unit 1 Connexion Central Boulevard Blythe Valley Park Solihull West Midlands B90 8AW England to Mclaren Technology Centre Chertsey Road Woking GU21 4YH on 2 December 2025
Submitted on 2 Dec 2025
Notification of Mclaren Automotive Holdings Limited as a person with significant control on 28 November 2025
Submitted on 2 Dec 2025
Appointment of Mr Michael Keith Straughan as a director on 28 November 2025
Submitted on 2 Dec 2025
Termination of appointment of Neil William Howlett as a director on 28 November 2025
Submitted on 2 Dec 2025
Change of details for Elringklinger Ag as a person with significant control on 26 November 2025
Submitted on 27 Nov 2025
Cessation of Hofer Powertrain International Gmbh as a person with significant control on 26 November 2025
Submitted on 27 Nov 2025
Repayment History
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