£1.06m
+55%vs Mar 2024Active06097794Private limited companyWakefield
PROPEL TECH LTD
Significant control: David Ritchie (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From public filings as at 31 Aug 2026; may contain errors or be out of date.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: Other software publishing (SIC 58290). We’re building product and service lists for UK companies. Get this one when it’s ready.
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01
Summary
PROPEL TECH LTD is an active private limited company (company number 06097794) incorporated on 12 February 2007, registered in Wakefield. Its registered activity is other software publishing (SIC 58290). Latest small accounts cover the period ending 31 March 2025, showing net assets of £1.06m and cash of £390k, with 39 employees on average. Net assets rose 55% on the prior period (£682k).
Peer position · net assets
By net assets it sits in the top quarter of 119 comparable companies in Leeds (median £153, upper quartile £20k).
02
Ownership and control
- David Ritchie
- owns 25–50% of shares
- holds 25–50% of voting rights
- Mr Andrew John Brown
- owns 50–75% of shares
- Mr David Ritchie
- owns 25–50% of shares
- Pace It Systems Holdings Ltd
- owns 75–100% 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
- 12 February 200719 yrs ago
- Next accounts due
- 31 December 2026in 70 days
- Confirmation statement due
- 26 February 2027in 127 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
04
Activity
- SIC 58290
- Other software publishing
- Accounts type
- Total Exemption Full
- Size band
- SmallCompanies Act thresholds
05
Financials
£390k
−17%vs Mar 2024Not reported
39
−7%vs Mar 2024| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 31 March 2025 | £1.06m | £390k | £1.09m | £497k | — | — | 39 |
| 31 March 2024 | £682k | £471k | £558k | £470k | — | — | 42 |
Current ratio2.97Current assets ÷ creditors within one year
Cash per employee£10kCash ÷ average employees
Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing.
06
Filing and accounts signals
- Net assets above zeroNet assets £1,059,499 at 31 March 2025
- Net assets up 10% or more on the prior period+55.4% vs prior period
- Current assets at least 1.5× creditors within one yearCurrent ratio 2.97
- Cash at bank of £50,000 or moreCash £390,257
- Incorporated five or more years agoIncorporated 12 February 2007
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
- Confirmation statement duein 127 days
- Next accounts duein 70 days
- Accounts period endNet assets £1.06m · small accounts
- Accounts period endNet assets £682k · small accounts
- Incorporated
08
Similar companies in Leeds
- MAXELERATOR LTDWakefield · inc. Mar 2007
- KNOW YOUR SUBJECT LIMITEDWakefield · inc. Apr 2007
- REDUSOFT LIMITEDWakefield · inc. Mar 2005
- SSP HOLDINGS LIMITEDHalifax · inc. Oct 2004
- INITIATEC LIMITEDLeeds · inc. Aug 2004
- BEEKASH SOFTWARES LTDBirkby · inc. Nov 2009
All companies incorporated on 12 February 2007 · in Feb 2007.
09
Reminders for PROPEL TECH LTD
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.