PROPEL IT SERVICES LTD

Company number 11003592 · Active

PROPEL IT SERVICES LTD is a private limited company registered in LONDON, United Kingdom, incorporated on 9 Oct 2017. Its registered activity is information technology consultancy activities. Its latest published accounts for the period ending 31 Oct 2025 show equity of £250, total assets of £5,154. It has filed 7 sets of accounts, 3 of them after the deadline. Our model estimates a 0.00 % probability that it becomes insolvent within 12 months, 0.0 times the average for active companies (low risk).

Insolvency risk, next 12 months

0.00 %
Low risk
Lowest riskHighest risk

Higher than 0 % of active companies in the United Kingdom. 0.0× the average annual insolvency rate (0.12 %).

Raises the risk

Cash ÷ assets3.7×0.00304687–0.0300733 · 0.44 % became insolvent
Current liabilities ÷ assets2.9×0.523499–0.961567 · 0.33 % became insolvent
Late filings2.5×≥ 2 · 0.29 % became insolvent
Equity ratio2.4×0.00404851–0.289275 · 0.28 % became insolvent
Equity change ÷ assets2.3×-0.123359–0 · 0.26 % became insolvent
Share of filings late2.3×0.333333–0.666667 · 0.26 % became insolvent

Lowers the risk

Accounts filed0.3×≥ 6 · 0.04 % became insolvent
Total assets (log)0.3×2.87772–3.99473 · 0.04 % became insolvent
Employees0.4×0–1 · 0.05 % became insolvent
Region0.4×SE · 0.05 % became insolvent
Equity (signed log)0.6×0.30103–3.52776 · 0.07 % became insolvent
Accounts overdue0.8×0 · 0.09 % 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
11003592 · official register
Status
Active
Legal form
Private Limited Company
Incorporated
9 Oct 2017 (9 years)
Registered address
SE6 4LP LONDON
Postcode area
London South East
Activity
62020 Information technology consultancy activities
Industry
Computer programming and consultancy
Accounts overdue
No

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts GBP

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 Oct 202515 Jul 2026– –£250£5,154 £4,940£360
31 Oct 202415 Jul 2025– –£871£5,154 £5,091£8080
29 Oct 202315 Jul 2024– –£3,304£6,872 £4,790£1,2221
29 Oct 202215 Oct 2023– –£8,742£6,312 £43k£45k1
30 Oct 202115 Oct 2022– –£13k£5,277 £77k£86k1
31 Oct 202015 Jul 2021– –£21k£4,988 £26k£42k1
31 Oct 201915 Oct 2020– –£15k£89k £74k£84k2

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

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Questions about PROPEL IT SERVICES LTD

What is the company number of PROPEL IT SERVICES LTD?

PROPEL IT SERVICES LTD is registered under company number 11003592 in the official register of United Kingdom. View it at the official register.

Is PROPEL IT SERVICES LTD still active?

Yes. PROPEL IT SERVICES LTD is registered as active (status: Active).

Has PROPEL IT SERVICES LTD gone bankrupt or into insolvency?

No insolvency, bankruptcy or administration is recorded for PROPEL IT SERVICES LTD in the official data.

How likely is PROPEL IT SERVICES LTD to become insolvent?

Our model estimates a 0.00 % probability that PROPEL IT SERVICES LTD becomes insolvent within the next 12 months (low risk). That is higher than 0 % of active companies in the United Kingdom.

When was PROPEL IT SERVICES LTD founded?

PROPEL IT SERVICES LTD was incorporated on 9 Oct 2017.

Where is PROPEL IT SERVICES LTD registered?

PROPEL IT SERVICES LTD's registered address is in SE6 4LP LONDON (London South East), United Kingdom.

What do the latest accounts of PROPEL IT SERVICES LTD show?

The latest published accounts (period ending 31 Oct 2025) show equity of £250, total assets of £5,154, 0 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.