PROPEL FINANCE NO 1 LIMITED

Active Newport

Renting and leasing of other machinery, equipment and tangible goods n.e.c.

5 employees website.com
Financial services Renting and leasing of other machinery, equipment and tangible goods n.e.c.
P

PROPEL FINANCE NO 1 LIMITED

Renting and leasing of other machinery, equipment and tangible goods n.e.c.

Founded 12 Feb 2016 Active Newport, United Kingdom 5 employees website.com
Financial services Renting and leasing of other machinery, equipment and tangible goods n.e.c.

Previous Company Names

HENRY HOWARD FINANCE NO 1 LIMITED 12 Feb 2016 — 16 Dec 2019
Accounts Submitted 23 Jun 2025 Next due 30 Sept 2026 3 months remaining
Confirmation Submitted 19 Feb 2026 Next due 21 Feb 2027 8 months remaining
Net assets £-20M £6M 2024 year on year
Total assets £357M £14M 2024 year on year
Total Liabilities £377M £20M 2024 year on year
Charges 7
5 outstanding 2 satisfied

Contact & Details

Contact

Registered Address

Unit 5 Langstone Business Village, Langstone Park Langstone Newport NP18 2LH United Kingdom

Telephone

0800 000 0000

Website

www.example.com

Full company profile for PROPEL FINANCE NO 1 LIMITED (10003271), an active financial services company based in Newport, United Kingdom. Incorporated 12 Feb 2016. Renting and leasing of other machinery, equipment and tangible goods n.e.c.. View financials, directors, shareholders, and filings.

Business Summary

This company specializes in providing innovative solutions and services across multiple sectors.

Products & Services

consulting software analytics integration

Reports

Credit Report

In-depth credit score, financial analysis, risk assessment and company intelligence.

Financials

Financials

Period 1 Jan → 31 Dec 2024
Type full
Next accounts 31 Dec 2025
Due by 30 Sept 2026 3 months remaining

Balance Sheet & P&L (2016–2024)

Cash in Bank

£9.67M

Increased by £1.17M (+14%)

Net Assets

-£20.35M

Decreased by £6.48M (-47%)

Total Liabilities

£376.89M

Increased by £20.06M (+6%)

Turnover

£35.07M

Increased by £594.70k (+2%)

Employees

5

Debt Ratio

106%

Increased by 2 (+2%)

Financial History

Revenue, profit, EBITDA and key financial figures

2024
31 Dec Year End
2023
31 Dec Year End
P&L
Revenue
£142.3M
£128.7M
Gross Profit
£48.2M
£43.1M
Operating Profit
£22.4M
£19.8M
Net Profit
£18.1M
£15.9M
EBITDA
£31.5M
£28.2M
Assets
Cash
£24.7M
£21.3M
Total Assets
£89.4M
£82.1M
Liabilities
Total Liabilities
£45.2M
£41.8M
Key Metrics
Employees
1,247
1,156
Latest Revenue
£142.3M
Latest EBITDA
£31.5M
Cash Position
£24.7M

Funding

Fundraising & Grants

No fundraising or grants recorded

Investors (0)

No investor information available

Officers

Officers

0 active 3 resigned
Status

No officers found

No officers found

Shareholders

Shareholders (1)

Propel Finance Plc
100.0%

Persons with Significant Control

Persons with Significant Control (3)

3 Active
Active
Notified 6 Apr 2016
Nature of Control
  • Right To Appoint And Remove Directors As Firm
Active
Notified 6 Apr 2016
Nature of Control
  • Right To Appoint And Remove Directors As Firm
Active
Notified 25 Aug 2022
Nature of Control
  • Ownership Of Shares 75 To 100 Percent,voting Rights 75 To 100 Percent,right To Appoint And Remove Directors

Group Structure

Group Structure

PROPEL FINANCE NO 1 LIMITED Current Company

Charges

Charges

5 outstanding 2 satisfied

Properties

Properties

0 total

No related properties

Documents

Company Filings

DateCategoryDescriptionDocument
21 Apr 2026AddressMove Registers To Sail Company With New Address
20 Apr 2026AddressChange Sail Address Company With New Address
30 Mar 2026MortgageMortgage Create With Deed With Charge Number Charge Creation Date
18 Mar 2026OfficersTermination of Mark Allan Tweed as director on 13 Mar 2026
19 Feb 2026Confirmation StatementConfirmation statement made on 7 Feb 2026 with no updates
21 Apr 2026 Address

Move Registers To Sail Company With New Address

20 Apr 2026 Address

Change Sail Address Company With New Address

30 Mar 2026 Mortgage

Mortgage Create With Deed With Charge Number Charge Creation Date

18 Mar 2026 Officers

Termination of Mark Allan Tweed as director on 13 Mar 2026

19 Feb 2026 Confirmation Statement

Confirmation statement made on 7 Feb 2026 with no updates

Recent Activity

Latest Activity

Move Registers To Sail Company With New Address

1 months ago on 21 Apr 2026

Change Sail Address Company With New Address

1 months ago on 20 Apr 2026

Mortgage Create With Deed With Charge Number Charge Creation Date

2 months ago on 30 Mar 2026

Termination of Mark Allan Tweed as director on 13 Mar 2026

2 months ago on 18 Mar 2026

Confirmation statement made on 7 Feb 2026 with no updates

3 months ago on 19 Feb 2026