# PROPULSION PROPERTY LTD (14717226)

> PROPULSION PROPERTY LTD is an active private limited company (company number 14717226) incorporated on 8 March 2023, registered in Nelson. Its registered activity is buying and selling of own real estate (SIC 68100). Latest micro accounts cover the period ending 31 March 2025, showing net assets of £6,000, with 0 employees on average. Turnover was £4,170 and profit for the year −£2,412. Net assets rose 122% on the prior period (−£27k).

- Status: Active
- Incorporated: 2023-03-08
- Registered office: Nelson, BB9 6HH
- SIC 68100: Buying and selling of own real estate
- SIC 68209: Other letting and operating of own or leased real estate
- Next accounts due: 2026-12-31
- Confirmation statement due: 2027-03-22
- Accounts type: MICRO ENTITY

By net assets it sits in the upper half of 2,450 comparable companies in Lancashire (median £1, upper quartile £13k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-03-31 | £6,000 | — | — | £0 | £4,170 | −£2,412 | 0 |
| 2024-03-31 | −£27k | — | — | £100k | — | — | — |

net margin -57.8%; size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets above zero: Net assets £6,000 at 31 March 2025
- Net assets up 10% or more on the prior period: +122.2% vs prior period
- Incorporated two to five years ago: Incorporated 8 March 2023

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Mr James Daniel Forrest — owns 25–50% of shares; holds 25–50% of voting rights; can appoint or remove directors, since 2023-03-08
- Mr Christopher Adam Forrest — owns 25–50% of shares; holds 25–50% of voting rights; can appoint or remove directors, since 2023-03-08

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/14717226
HTML: https://firmoscan.com/company/14717226-propulsion-property-ltd