PROPELLER PRODUCTIONS LTD

💤Zombieactive
SC620471 · ltd · incorporated 2019-02-07
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
Upgrade to see
Turnover
year to Feb 2025
Net worth
£-2.1k
book net assets
Opportunity
63/100
Worth a look
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: Television programme production activities
Sector: Information & communication
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 63/100 (worth a look), bankability 65/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -80% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: strategic trade sale (65/100).

Data confidence

Overall: medium (78/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
18 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
63/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
55
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Negative net assets
Liabilities exceed assets by £2,141
Cash draining
Cash down 80% YoY
Cash YoY
-80%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£4k
↓ 80% YoY
Net Worth
-£2k
↓ 81% YoY
Current Assets
Current Liabilities
-£2k£2k£6k£10k£15k£19kFeb 2024Feb 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-02-282024-02-29
Total assets£-587£1.6k
Cash£3.8k£18.8k
Net assets£-2.1k£-1.2k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

1 signal detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.

Available from the Pro tier upwards.

See pricing →

Recent activity

Last 30 days
0
filings
Last 90 days
1
filing
  • 1 accounts
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (14 events)Click to expand
  1. 2026-02-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-01-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-02-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-02-27
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  5. 2022-04-28
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  6. 2022-04-26
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  7. 2021-11-26
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  8. 2021-02-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2020-12-04
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  10. 2020-11-30
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  11. 2020-10-20
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  12. 2019-02-07
    🏢
    Company incorporated
    As PROPELLER PRODUCTIONS LTD
  13. 2019-02-07
    MCMILLAN, Christopher Alexander appointed
    director
  14. 2019-02-07
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

80/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +No director turnover: Company is 7 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

45/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

1 high ·
Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-02-20

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Christopher Alexander Mcmillan
Individual · British · DOB 06/1977 · age 49
75100%
75–100%board control75-100% shares · 75-100% voting · board control07/02/2019

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

Similar companies

Active · Technology · KA postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
J-LIKE LTD
SC716616 · est 2021 · no financials extracted
4y
MARU ICT LIMITED
SC845959 · est 2025 · no financials extracted
MCINNES TECHNOLOGY LTD
SC424566 · est 2012 · no financials extracted
13y
MLT DIGITAL LIMITED
SC297629 · est 2006 · no financials extracted
20y
ONE VISION COMPUTING LIMITED
SC114314 · est 1988 · no financials extracted
37y
OUR PLANET OUR PEOPLE LTD
SC744701 · est 2022 · no financials extracted
3y
PRISM COMMUNICATIONS GROUP LIMITED
SC555006 · est 2017 · no financials extracted
9y
PULSE DIGITAL MEDIA LIMITED
SC883548 · est 2026 · no financials extracted
REFLECTION FILMS LTD
SC750777 · est 2022 · no financials extracted
3y
REGULUS GROUP LTD
SC876383 · est 2026 · no financials extracted
RENOVA LABS LTD
SC790901 · est 2023 · no financials extracted
2y
RIGHT2USE LIMITED
SC228356 · est 2002 · no financials extracted
24y
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

8 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.

Available from the Pro tier upwards.

See pricing →
🔒Advanced scoring suite

Exit-route ranking, improvement thesis, quiet-distress detector, covenant-pressure proxy, extraction monitor, approaching triggers, ownership drift, local cluster, value trap, debt capacity, archetype classification — 48+ scoring modules.

Available from the Pro tier upwards.

See pricing →

Company details

Statusactive
Typeltd
Incorporated2019-02-07
Jurisdictionscotland
Primary SIC59113 — Television programme production activities

Registered office

24 Beresford Terrace
Ayr
KA7 2EG

Filing status

Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2026-02-20OVERDUE
Last: 2025-02-06

Officers (1 active · 0 resigned)

MCMILLAN, Christopher Alexander
director · ~49y · appointed 2019-02-07
View their other companies + combined net worth →
Active

Click a director name to see their full track record across all companies.

Recent filings (18 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-02-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-01-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-02-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-22
accounts-with-accounts-type-dormant
accounts · AA
2023-02-27
gazette-filings-brought-up-to-date
gazette · DISS40
2022-04-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-27
gazette-notice-compulsory
gazette · GAZ1
2022-04-26
accounts-with-accounts-type-dormant
accounts · AA
2021-11-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-04-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-02-07
gazette-filings-brought-up-to-date
gazette · DISS40
2020-12-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-12-03