Active

PROPEL HOLDINGS (UK) LIMITED Financials

Company number
07259223Copy
copy info iconCopy
Registered office
C/O Csc Cls (Uk) Limited 5 Churchill Place, 10th Floor, London E14 5HU
Incorporated
19/05/2010

Company snapshot

Status
Active
Employees
57 (2024)
Latest financial data
2024
Accounts type
Full

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2024.

Net Assets

£13.62M2024
9.84%vs 2023

2023: £12.40M

Total Assets

£15.38M2024
5.24%vs 2023

2023: £14.61M

Cash in Bank

£2.05M2024
5.37%vs 2023

2023: £1.94M

Total Liabilities

£1.58M2024
-26.83%vs 2023

2023: £2.16M

Employees

572024
+8vs 2023

2023: 49

In 2024, PROPEL HOLDINGS (UK) LIMITED reported net assets of £13.62M. The same filing shows total assets of £15.38M, cash in bank of £2.05M and total liabilities of £1.58M. Reported headcount was 57 in 2024. Net Assets rose from £12.40M in 2023 to £13.62M in 2024 (9.84%). Okredo holds filed figures for 2021–2024; the table below lists every reported indicator by year. See every reported indicator by year.

Financial performance

Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.

Net Assets

£13.62M2024
9.84%from £12.40M in 2023

Year-on-year change

Net Assets as filed for 2021–2024. Every figure in this chart is also in the financial history table.

3-year financial trend (2022–2024)

How the figures PROPEL HOLDINGS (UK) LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£9.67M2022£13.62M2024
+40.8%vs 2022

+18.7% a year compound (CAGR)

Cash in Bank

£3.11M2022£2.05M2024
-34.3%vs 2022

-18.9% a year compound (CAGR)

Employees

332022572024
+72.7%vs 2022+24

Biggest increase

Employees+72.7%

33 in 2022 to 57 in 2024

Biggest decrease

Cash in Bank-34.3%

£3.11M in 2022 to £2.05M in 2024

PROPEL HOLDINGS (UK) LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in employee numbers, pointing to an expanding team, set against a fall in cash in bank, pointing to a tighter cash position. See the full year-by-year figures.

Ratios from the filed figures

Calculated from PROPEL HOLDINGS (UK) LIMITED's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.

Net assets to total assets
88.59%2024

Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.

Liabilities to total assets
10.27%2024

Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.

Cash to liabilities
129.51%2024

Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.

Cash to total assets
13.31%2024

Reported cash in bank divided by reported total assets, for the latest year both were filed.

Revenue per employee
£450.28K2024

Reported turnover divided by the reported average number of employees, for the latest year both were filed. Shows how much revenue the business generates per employee.

Financial history

Every indicator Okredo tracks, year by year.

Reported financial indicators for PROPEL HOLDINGS (UK) LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£7.41M9.67M12.40M13.62M
Total Assets£7.62M–14.61M15.38M
Cash in Bank£1.89M3.11M1.94M2.05M
Total Liabilities£128.68K–2.16M1.58M
Employees33334957

PROPEL HOLDINGS (UK) LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Has PROPEL HOLDINGS (UK) LIMITED filed financial statements?

toggle

Yes. Okredo holds filed figures for PROPEL HOLDINGS (UK) LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.

What net assets did PROPEL HOLDINGS (UK) LIMITED report in 2024?

toggle

PROPEL HOLDINGS (UK) LIMITED reported net assets of £13.62M for 2024. That compares with £12.40M in 2023, a change of 9.84%.

What total assets did PROPEL HOLDINGS (UK) LIMITED report in 2024?

toggle

PROPEL HOLDINGS (UK) LIMITED reported total assets of £15.38M for 2024. That compares with £14.61M in 2023, a change of 5.24%.

What cash in bank did PROPEL HOLDINGS (UK) LIMITED report in 2024?

toggle

PROPEL HOLDINGS (UK) LIMITED reported cash in bank of £2.05M for 2024. That compares with £1.94M in 2023, a change of 5.37%.

How many people does PROPEL HOLDINGS (UK) LIMITED employ?

toggle

PROPEL HOLDINGS (UK) LIMITED reported 57 employees in 2024, compared with 49 in 2023.

How have PROPEL HOLDINGS (UK) LIMITED financials changed over the last 3 years?

toggle

Between 2022 and 2024, PROPEL HOLDINGS (UK) LIMITED's net assets rose by 40.8%, cash in bank fell by 34.3% and employee numbers rose by 72.7%. Net assets compounded at 18.7% a year across the two years to 2024, from £9.67M to £13.62M. Reported headcount went from 33 in 2022 to 57 in 2024 (+24).

Which years of PROPEL HOLDINGS (UK) LIMITED financial data are available?

toggle

Okredo holds reported figures for the years 2021, 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.