UK Companies House feature
PROPEL HOLDINGS (UK) LIMITED
Cash
£2M
+5.4% vs 2023
Net assets
£14M
+9.8% vs 2023
Employees
57
+16.3% vs 2023
Profit before tax
£5M
-37.3% vs 2023
Profile
- Company number
- 07259223
- Status
- Active
- Incorporation
- 2010-05-19
- Last accounts made up
- 2024-12-31
- Account category
- FULL
- Primary SIC
- 64929
- Hubs
- UK Fintech
Net assets
6-year trend · vs UK Fintech median
Accounts
6-year trend · latest 2024-12-31
| Metric | Trend | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | £18,136,135 | £25,666,002 | |
| Operating profit | — | — | — | — | £7,487,025 | £4,785,627 | |
| Profit before tax | — | — | — | — | £7,496,372 | £4,701,931 | |
| Net profit | — | — | — | — | £5,737,330 | £3,526,448 | |
| Cash | £85,848 | £1,729,517 | £1,894,801 | — | £1,941,551 | £2,045,786 | |
| Total assets less current liabilities | £945,558 | £4,972,910 | £7,416,312 | — | £12,401,194 | £13,621,761 | |
| Net assets | — | £4,972,910 | £7,405,750 | — | — | — | |
| Equity | £945,558 | £4,972,910 | £7,405,750 | £9,673,162 | £12,401,194 | £13,621,761 | |
| Average employees | — | 29 | 33 | — | 49 | 57 | |
| Wages | — | — | — | — | £2,006,125 | £2,607,818 |
Values shown as filed in iXBRL accounts. — indicates the figure was not present in the extracted filing (either not filed under that concept or absent from the period). About these numbers
Audit & accounting basis
From AI-extracted PDF accounts
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- GOLDWYNS AUDIT LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Significant events
- “The ownership of the company changed during the year; the parent company is now Propel Holdings Inc, a company registered in Canada.”
Auditor / going-concern / subsidiary information is extracted from the PDF version of the latest annual accounts and is not tagged in iXBRL. About these numbers
People
6 active · 6 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CSC CLS (UK) LIMITED | Corporate Secretary | 2026-01-07 | — | — |
| BUNTING, Andrew James | Director | 2026-01-28 | Dec 1974 | British |
| MCEVOY-ROBINSON, Adam | Director | 2026-01-28 | Dec 1988 | British |
| SAIDAKOVSKY, Sheldon Alexander, Mr. | Director | 2025-05-23 | Feb 1979 | Canadian |
| SPENCE, Thomas Alexander, Mr. | Director | 2025-05-23 | Mar 1989 | British |
| VAGHELA, Jay | Director | 2026-01-28 | May 1981 | Canadian |
Show 6 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ASUMAN, Fiona | Director | 2021-06-29 | 2025-09-17 |
| LAUDER, James Patrick | Director | 2010-11-26 | 2013-11-11 |
| RABLE, Gregory J. | Director | 2019-04-12 | 2024-11-15 |
| VAUGHAN, Courtney Peter | Director | 2011-04-15 | 2019-04-12 |
| WYLIE, David Gerrard | Director | 2010-05-19 | 2011-11-01 |
| WYLIE, Janette | Director | 2010-05-19 | 2010-11-26 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Uk Prl Holdco Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2024-11-15 | Active |
| Mr Gregory John Rable | Individual | Shares 25–50% | 2020-12-21 | Ceased 2024-11-15 |
Filing timeline
Last 20 of 101 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-03-19 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2026-03-19 | CH01 | officers | change person director company with change date |
| 2026-02-18 | AP04 | officers | appoint corporate secretary company with name date |
| 2026-02-18 | AD01 | address | change registered office address company with date old address new address |
| 2026-02-05 | AP01 | officers | appoint person director company with name date |
| 2026-02-05 | AP01 | officers | appoint person director company with name date |
| 2026-02-05 | AP01 | officers | appoint person director company with name date |
| 2025-10-02 | TM01 | officers | termination director company with name termination date |
| 2025-09-09 | AA | accounts | accounts with accounts type full |
| 2025-07-22 | CH01 | officers | change person director company with change date |
| 2025-07-22 | PSC05 | persons-with-significant-control | change to a person with significant control |
| 2025-05-27 | CERTNM | change-of-name | certificate change of name company |
| 2025-05-23 | AP01 | officers | appoint person director company with name date |
| 2025-05-23 | AP01 | officers | appoint person director company with name date |
| 2025-03-25 | CS01 | confirmation-statement | confirmation statement with updates |
| 2025-03-07 | CH01 | officers | change person director company with change date |
| 2024-12-10 | PSC02 | persons-with-significant-control | notification of a person with significant control |
| 2024-11-26 | AD01 | address | change registered office address company with date old address new address |
| 2024-11-26 | TM01 | officers | termination director company with name termination date |
| 2024-11-26 | PSC07 | persons-with-significant-control | cessation of a person with significant control |
Credit score
Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage
Activity Score
Composite activity score · components 0–100 · reference 2026-05-10
68.7
WARM
/ 100
- Filings velocity 100
- Capital events 0
- Officer churn 100
- Headcount trajectory 66
- Accounts trajectory 92
- 14 filing(s) in last 12 months
- 6 appointed, 1 resigned (12mo)
- Employees +16% YoY
- Turnover +42% YoY