How much does Propeo Ltd make?

Propeo Ltd reported revenue of £406k and a loss of £221k in the year to 30 Apr 2023, according to its accounts filed at Companies House.

How many employees does Propeo Ltd have?

Propeo Ltd reported an average of 0 employees in the year to 30 Apr 2023.

Is Propeo Ltd profitable?

No — Propeo Ltd reported a loss of £221k in the year to 30 Apr 2023.

Company No. 11932640 · Incorporated 8 Apr 2019

Propeo Ltd

Registered name: PROPEO LTD

Propeo Ltd made £406k revenue and a £221k loss in the year to 30 Apr 2023.

Propeo Ltd’s revenue fell 36% to £406k in the year to 30 Apr 2023, with a loss of £221k and 0 employees. The company is classified under “freight transport by road” and is based in London; we hold 2 years of its filed accounts.

Full P&L filedSection H · Transportation and storageSIC 49410Freight transport by road

Status: Active - Proposal to Strike off
Location: London, London
Age: 7 yrs · since 2019
Type: Private Limited Company

Latest accounts · year to 30 Apr 2023

Key figures

IndependentSmall teamBoring industry

Revenue

£406k

Growth ▼35.7%

Profit

−£221k

Growth ▼360.9%

Profit margin

−54.5%

Employees

Change —

Profit / employee

—

Profitable streak

0yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	30 Apr 2022	30 Apr 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£631k	£406k
Profit after tax	£84.8k	−£221k
Profit (best available)	£84.8k	−£221k
Employees (average)	—	0
Ratios
Profit margin	13.4%	−54.5%
Growth (year on year)
Revenue growth	—	▼35.7%
Profit growth	—	▼360.9%
Balance sheet — indirect signals, not revenue
Net assets	£131k	−£45.5k
Fixed assets	£109k	£109k
Current assets	£73k	£40.4k
Source	FullAccounts · bulk data Jan 2024	FullAccounts · bulk data Jan 2024

Derived from the latest filing

How the business works

Profit margin: −54.5%; Profit ÷ revenue.
Gross margin: —; Gross profit ÷ revenue. High for software and services.
Revenue per employee: —; Revenue ÷ average employees.
Profit per employee: —; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 26.9%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: —; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets: ▼135%; Now −£45.5k
Cash at bank: —; Now —
Headcount: —; Now 0
Deferred income: —; Now —
Fixed assets: 0%; Now £109k

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 30 Apr 2023 (profit −£221k), from the Companies House accounts bulk data published Jan 2024. Spotted an error? Request a correction.

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.