PROPULSION TECHNOLOGIES LIMITEDActive
Key figures
Ratios
2024Balance sheet structure
Filed accounts2024
| 2024 | |
|---|---|
| Turnover | 14,911,508 |
| Profit for the year | -1,807,355 |
| Total assets | 11,240,948 |
| Total liabilities | — |
| Net assets / total equity | -7,598,543 |
| Average number of employees | 46 |
| Average pay (per year) | 50,732 |
A dash (—) means no accounts were filed for that year or the item is not in the accounts; 0 is a zero stated in the accounts. Small companies usually file only a balance sheet, so the profit and loss account is often missing.
Principal activity
Accounts 2024The Company was established to manufacture hybrid transmissions and associated components for the automotive industry. HPP UK was registered on 19th August 2016 by Hofer Powertrain International GmbH, and on 23rd March 2017, Elring Klinger AG purchased a 53% holding. The Company was established to deliver the production element of a transmission being developed with a premier OEM, and to provide a manufacturing facility to supply contracted high end complex transmissions to the automotive industry. There have not been any changes in the Company's principal activities during the year under review.
As described in the company's latest filed accounts.
Summary: PROPULSION TECHNOLOGIES LIMITED
Company
PROPULSION TECHNOLOGIES LIMITED is a private limited company registered with Companies House under company number 10338183. It was incorporated on 19 Aug 2016. Its status is active. The registered office is in Woking (GU21). Its nature of business (SIC 2007) is manufacture of other parts and accessories for motor vehicles (29320).
Accounts
The latest accounts in the database are for 2024 (period ending 31 Dec 2024); the company files full accounts. Turnover was £14,911,508. Loss for the year was £1,807,355. Net assets were −£7,598,543. The company had an average of 46 employees.
Control and charges
One person with significant control is registered.
Filing deadlines
The next accounts are due by 31 Dec 2026. The next confirmation statement is due by 16 Aug 2027.