£2,421
vs Dec 2023Active14554504Private limited companyTonypandy
PROPEL NEXT GENERATION LIMITED
Significant control: Luke Michael Richards (75–100%)
From public filings as at 31 Aug 2026; may contain errors or be out of date.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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What does Propel Next Generation Limited sell?
Registered activity: Other sports activities (SIC 93199). We’re building product and service lists for UK companies. Get this one when it’s ready.
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01
Summary
PROPEL NEXT GENERATION LIMITED is an active private limited company (company number 14554504) incorporated on 22 December 2022, registered in Tonypandy. Its registered activity is other sports activities (SIC 93199). Latest micro accounts cover the period ending 31 December 2024, showing net assets of £2,421, with 0 employees on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets rose 614% on the prior period (−£471).
Peer position · net assets
By net assets it sits in the lower half of 353 comparable companies in Cardiff (median £5,725, upper quartile £52k).
02
Ownership and control
- Mr Luke Michael Richards
- owns 75–100% of shares
- holds 75–100% of voting rights
- can appoint or remove directors
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
- 22 December 20223 yrs ago
- Next accounts due
- 30 September 202627 days overdue
- Confirmation statement due
- 5 January 2027in 70 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
04
Activity
- SIC 93199
- Other sports activities
- Accounts type
- Micro Entity
- Size band
- MicroCompanies Act thresholds
05
Financials
Not reported
Not disclosed
0
vs Dec 2023| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 31 December 2024 | £2,421 | — | — | £2,782 | — | — | 0 |
| 31 December 2023 | −£471 | — | — | £2,311 | — | — | 0 |
Current ratio1.87Current 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 £2,421 at 31 December 2024
- Net assets up 10% or more on the prior period+614.0% vs prior period
- Current assets at least 1.5× creditors within one yearCurrent ratio 1.87
- Incorporated two to five years agoIncorporated 22 December 2022
- Accounts past their due dateDue 30 September 2026
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 70 days
- Next accounts due27 days overdue
- Accounts period endNet assets £2,421 · micro accounts
- Accounts period endNet liabilities £471 · micro accounts
- Incorporated
08
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All companies incorporated on 22 December 2022 · in Dec 2022.
09
Reminders for PROPEL NEXT GENERATION LIMITED
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.