£111k
−7%vs Dec 2024Active03155072Private limited companyHadlow Down
PROPEL SYSTEMS LIMITED
Significant control: Gwyn William Carwardine (25–50%), Gillian Terry (25–50%)
From public filings as at 31 Aug 2026; may contain errors or be out of date. Verify at Companies House · Terms
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Registered activity: Business and domestic software development (SIC 62012). We’re building product and service lists for UK companies. Get this one when it’s ready.
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01
Summary
PROPEL SYSTEMS LIMITED is an active private limited company (company number 03155072) incorporated on 5 February 1996, registered in Hadlow Down. Its registered activity is business and domestic software development (SIC 62012). Latest micro accounts cover the period ending 31 December 2025, showing net assets of £111k, with 1 employee on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets fell 7% on the prior period (£119k). Across the last 3 periods on record the net-asset trend is falling.
Peer position · net assets
By net assets it sits in the top quarter of 953 comparable companies in Kent (median £1,979, upper quartile £32k).
02
Ownership and control
- Mr Gwyn William Carwardine
- owns 25–50% of shares
- Miss Gillian Terry
- owns 25–50% of shares
Persons with significant control hold 25% or more of shares or voting rights. Smaller shareholdings are only listed in confirmation-statement documents. Directors and secretaries: see the officers list at Companies House.
03
Key dates
- Incorporated
- 5 February 199630 yrs ago
- Next accounts due
- 30 September 2027in 341 days
- Confirmation statement due
- 19 February 2027in 118 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
04
Activity
- SIC 62012
- Business and domestic software development
- Accounts type
- Micro Entity
- Size band
- MicroCompanies Act thresholds
05
Financials
Not reported
Not disclosed
1
−50%vs Dec 2024| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 31 December 2025 | £111k | — | — | £6,059 | — | — | 1 |
| 31 December 2024 | £119k | — | — | £11k | — | — | 2 |
| 31 December 2023 | £120k | — | — | £34k | — | — | 2 |
Current ratio19.22Current assets ÷ creditors within one year
Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing; micro-entity accounts contain no profit and loss account.
06
Filing and accounts signals
- Net assets above zeroNet assets £110,714 at 31 December 2025
- Current assets at least 1.5× creditors within one yearCurrent ratio 19.22
- Three or more accounting periods on record3 periods on record
- Incorporated five or more years agoIncorporated 5 February 1996
Neutral facts read from the register and filed accounts, each with its evidence. They are not a rating, a prediction or advice, and may be incomplete or out of date. How each signal is derived.
07
Timeline
- Next accounts duein 341 days
- Confirmation statement duein 118 days
- Accounts period endNet assets £111k · micro accounts
- Accounts period endNet assets £119k · micro accounts
- Accounts period endNet assets £120k · micro accounts
- Incorporated
08
Similar companies in Kent
- TANELORN LIMITEDAshford · inc. Jan 1996
- BIOMEDICAL COMPUTING LIMITEDBattle · inc. Jan 1996
- ASTUTE DATA SYSTEMS LIMITEDCanterbury · inc. Mar 1996
- PROFILE COMPUTER SOLUTIONS LIMITEDTonbridge · inc. Mar 1996
- TOTALLY COMMERCE LIMITEDFolkestone · inc. Dec 1995
- PROHIRE SOFTWARE LIMITEDRochester · inc. Nov 1995
All companies incorporated on 5 February 1996 · in Feb 1996.
09
Reminders for PROPEL SYSTEMS LIMITED
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.