PROPELLER WORKS LTD Financials
- Company number
- 12408906CopyCopy
- Registered office
- 64 Southwark Bridge Road, London, England SE1 0AS
- Incorporated
- 17/01/2020
Company snapshot
- Status
- Active
- Employees
- 2 (2024)
- Latest financial data
- 2024
- Accounts type
- Micro Entity
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-2.61%vs 20232023: £2.99K
Total Assets
19.79%vs 20232023: £5.55K
Total Liabilities
45.97%vs 20232023: £2.56K
Employees
-1vs 20232023: 3
In 2024, PROPELLER WORKS LTD reported net assets of £2.91K. The same filing shows total assets of £6.65K and total liabilities of £3.73K. Reported headcount was 2 in 2024. Total Liabilities rose from £2.56K in 2023 to £3.73K in 2024 (45.97%). 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
-2.61%from £2.99K in 2023Year-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 PROPELLER WORKS LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+245%vs 2022+85.9% a year compound (CAGR)
Total Assets
+153%vs 2022+59.1% a year compound (CAGR)
Total Liabilities
+110%vs 2022+44.8% a year compound (CAGR)
Employees
-33.3%vs 2022-1Biggest increase
Net Assets+245%
£843.00 in 2022 to £2.91K in 2024
Biggest decrease
Employees-33.3%
3 in 2022 to 2 in 2024
PROPELLER WORKS LTD's filings pull in both directions between 2022 and 2024. The steepest rise came in net assets, pointing to a strengthening balance sheet, set against a fall in employee numbers, pointing to a smaller workforce. See the full year-by-year figures.
Ratios from the filed figures
Calculated from PROPELLER WORKS LTD'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
- 43.82%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
- 56.18%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.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for PROPELLER WORKS LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 446.00 | 843.00 | 2.99K | 2.91K |
| Total Assets£ | 1.18K | 2.62K | 5.55K | 6.65K |
| Cash in Bank£ | – | – | – | – |
| Total Liabilities£ | 734.00 | 1.78K | 2.56K | 3.73K |
| Employees | 4 | 3 | 3 | 2 |
PROPELLER WORKS LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for PROPELLER WORKS LTD covering 2021–2024, across 4 reported indicators. The most recent reported year is 2024.
PROPELLER WORKS LTD reported net assets of £2.91K for 2024. That compares with £2.99K in 2023, a change of -2.61%.
PROPELLER WORKS LTD reported total assets of £6.65K for 2024. That compares with £5.55K in 2023, a change of 19.79%.
PROPELLER WORKS LTD reported total liabilities of £3.73K for 2024. That compares with £2.56K in 2023, a change of 45.97%.
PROPELLER WORKS LTD reported 2 employees in 2024, compared with 3 in 2023.
Between 2022 and 2024, PROPELLER WORKS LTD's net assets rose by 245%, total assets rose by 153%, total liabilities rose by 110% and employee numbers fell by 33.3%. Net assets compounded at 85.9% a year across the two years to 2024, from £843.00 to £2.91K. Reported headcount went from 3 in 2022 to 2 in 2024 (-1).
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.