PROPULSION TECHNOLOGIES LIMITED

Company number 10338183 · Active

PROPULSION TECHNOLOGIES LIMITED is a private limited company registered in WOKING, United Kingdom, incorporated on 19 Aug 2016. Its registered activity is manufacture of other parts and accessories for motor vehicles. Its latest published accounts for the period ending 31 Dec 2024 show equity of −£7.6m, total assets of £20.5m, turnover of £14.9m, a result of −£1.8m. It has filed 1 set of accounts, 1 of them after the deadline. Our model estimates a 4.16 % probability that it becomes insolvent within 12 months, 35.7 times the average for active companies (very high risk).

Insolvency risk, next 12 months

4.16 %
Very high risk
Lowest riskHighest risk

Higher than 100 % of active companies in the United Kingdom. 35.7× the average annual insolvency rate (0.12 %).

Raises the risk

Employees7.0×≥ 8 · 0.81 % became insolvent
Turnover (log)5.6×6.00802–7.22806 · 0.65 % became insolvent
Operating margin5.5×-0.203077–-0.0180698 · 0.63 % became insolvent
Cash ÷ assets4.9×< 0.00304687 · 0.57 % became insolvent
Return on assets4.4×-0.633926–-0.0567532 · 0.51 % became insolvent
Equity (signed log)4.0×< -4.26854 · 0.47 % became insolvent

Lowers the risk

Region0.3×GU · 0.03 % became insolvent
Accounts filed0.5×0–3 · 0.06 % became insolvent

Each factor compares companies in the same group (for example the same age band) with the average. The score is a statistical estimate from public data (model AUC 0.99, trained 8 Nov 2026), not a credit rating. How it works.

Company details

Company number
10338183 · official register
Status
Active
Legal form
Private Limited Company
Incorporated
19 Aug 2016 (10 years)
Registered address
GU21 4YH WOKING
Postcode area
Guildford
Activity
29320 Manufacture of other parts and accessories for motor vehicles
Industry
Manufacture of motor vehicles
Accounts overdue
Yes

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts GBP

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 Dec 202415 Nov 2025£14.9m −£1.8m−£7.6m£20.5m –£10k46

As published. Small companies often file a balance sheet only, so turnover and result can be missing.

Similar companies in Guildford

Questions about PROPULSION TECHNOLOGIES LIMITED

What is the company number of PROPULSION TECHNOLOGIES LIMITED?

PROPULSION TECHNOLOGIES LIMITED is registered under company number 10338183 in the official register of United Kingdom. View it at the official register.

Is PROPULSION TECHNOLOGIES LIMITED still active?

Yes. PROPULSION TECHNOLOGIES LIMITED is registered as active (status: Active).

Has PROPULSION TECHNOLOGIES LIMITED gone bankrupt or into insolvency?

No insolvency, bankruptcy or administration is recorded for PROPULSION TECHNOLOGIES LIMITED in the official data.

How likely is PROPULSION TECHNOLOGIES LIMITED to become insolvent?

Our model estimates a 4.16 % probability that PROPULSION TECHNOLOGIES LIMITED becomes insolvent within the next 12 months (very high risk). That is higher than 100 % of active companies in the United Kingdom.

When was PROPULSION TECHNOLOGIES LIMITED founded?

PROPULSION TECHNOLOGIES LIMITED was incorporated on 19 Aug 2016.

Where is PROPULSION TECHNOLOGIES LIMITED registered?

PROPULSION TECHNOLOGIES LIMITED's registered address is in GU21 4YH WOKING (Guildford), United Kingdom.

What do the latest accounts of PROPULSION TECHNOLOGIES LIMITED show?

The latest published accounts (period ending 31 Dec 2024) show equity of −£7.6m, total assets of £20.5m, turnover of £14.9m, a result of −£1.8m, 46 employees.

Data: Companies House – Free Company Data Product, Accounts Data Product, Public Data API (Contains public sector information licensed under the Open Government Licence v3.0.). Last updated 8 Nov 2026.