Propel Tech Ltd

Active06097794 Private limited company
Incorporated
12 February 2007 (19 years)
Previously known as
Pace It Systems Ltd (until 1 March 2022)
Pace Commerce Limited (until 22 December 2014)
This list may be incomplete. See all names on Companies House
Industry
Other software publishing (58290)
Directors
David Ritchie
Andrew John Brown
Owned by
David Ritchie
Accounts type
Total exemption full
Region
Yorkshire
Address
Stonebridge House 151 Wakefield Road
Horbury
Wakefield
WF4 5HQ

Filing status

Accounts due
31 December 2026
Last accounts
31 March 2025
Conf. stmt due
31 December 2026
Last conf. stmt
17 December 2025

Charges

Total
1
Outstanding
1
Part satisfied
0
Satisfied
0

Officers 3 active

Officer details are public data from the Companies House register.

Ritchie, David
Director · Appointed 1 April 2014
British
Born September 1970 (56)
Brown, Nicola
Secretary · Appointed 9 November 2007
British
Brown, Andrew John
Director · Appointed 9 November 2007
British
Born May 1978 (48)
Officer history (3 former)
1 April 2014
Appointed Ritchie, David as Director
3 March 2014
Resigned Davison, Robert as Director
1 November 2008
Appointed Davison, Robert as Director
9 November 2007
Appointed Brown, Nicola as Secretary
9 November 2007
Appointed Brown, Andrew John as Director
9 November 2007
Resigned Davison, Nina Antonietta as Secretary
9 November 2007
Resigned Davison, Robert as Director
12 February 2007
Appointed Davison, Nina Antonietta as Secretary
12 February 2007
Appointed Davison, Robert as Director

Ownership 1 active

People and entities with significant control, from the Companies House PSC register

David Ritchie
Individual · Notified 8 March 2022
Owns 25–50% of shares
Holds 25–50% of voting rights
British
Born September 1970 (56)
Former controllers (3)
8 March 2022
Ceased Pace It Systems Holdings Ltd — Owns 75–100% of shares
12 January 2022
Ceased David Ritchie — Owns 25–50% of shares
12 January 2022
Ceased Andrew John Brown — Owns 50–75% of shares

Financials

Balance sheet as at 31 March 2025 · total exemption full accounts

Net Assets
£1,059,499
Cash
£390,257
Debt Ratio
33%
Current Ratio
3.0x

Trend

Net Assets
£0 £500k £1.0M £1.5M 2020 2021 2022 2023 2024 2025 £900,790 £921,725 £1,030,295 £1,349,089 £681,695 £1,059,499
Balance sheet detail
202520242023202220212020
Fixed Assets£106,243£123,024£108,880£95,844£80,404£59,253
Current Assets£1,476,951£1,028,843£1,397,028£1,075,606£1,187,753£1,359,500
Debtors£1,086,694£557,879£728,055£792,883£747,636£686,209
Cash£390,257£470,964£668,973£282,723£440,117£673,291
Creditors (< 1 year)£497,134£470,172£156,819£141,155£346,432£517,963
Net Current Assets£979,817£558,671£1,240,209£934,451£841,321£841,537
Net Assets£1,059,499£681,695£1,349,089£1,030,295£921,725£900,790
Shareholder Funds£1,059,499£1,349,089£1,030,295£921,725£900,790

Filings

Recent filings only. See the full history on Companies House

Show all recent filings

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