PROPULSION TECHNOLOGIES LIMITED
Company number 10338183 · Monitor this company
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Shareholders' funds
-£7,598,643
Balance sheet as at 2024-12-31
What it does
The 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.
The company's own description, from its latest filed accounts.
Overview
- Company type
- Private Limited Company
- Incorporated
- 2016-08-19
- Employees
- 46 (2024 accounts · was 43 in 2023)
- Registered office
- Mclaren Technology Centre, Chertsey Road, Woking, England, GU21 4YH
- Postcode
- GU21 4YH
- Capital
- 100 GBP
- Accounts category
- Full
Accounts
- Last made up to
- 2024-12-31
- Next due by
- 2026-09-30
- Financial year end
- 31 December
Confirmation statement
- Last statement dated
- 2026-08-02
- Next due by
- 2027-08-16
Nature of business (SIC)
- 29320 Manufacture of other parts and accessories for motor vehicles
Officers 2 current · 8 resigned
Group structure
Controlled by Elringklinger Ag (HRB361242) — since 2017-04-06
Controlled by Hofer Powertrain International Gmbh (FN442678Y) — since 2016-08-19
From persons-with-significant-control filings on the public register.
Modern slavery statement
Registered a modern slavery statement for 2026 (period to 2025-12-31) as part of the MCLAREN AUTOMOTIVE HOLDINGS LIMITED group statement.
Read the statement summary on the government modern slavery statement registry. Contains public sector information licensed under the Open Government Licence v3.0.
Previous company names
| Name | Date changed |
|---|---|
| HOFER POWERTRAIN PRODUCTS UK LTD. | 2025-12-03 |
Previous registered addresses 2
| Address | Changed on |
|---|---|
| ELRINGKLINGER (GB) LTD TROISDORF WAY, KIRKLEATHAM BUSINESS PARK, REDCAR, TS10 5RX, ENGLAND | 2018-10-24 |
| WARWICK TECHNOLOGY PARK WARWICK TECHNOLOGY PARK, GALLOWS HILL, WARWICK, CV34 6UW, ENGLAND | 2017-10-31 |
At this address
The largest employer
of 13 similar companies in GU, with 46 staff.
Competitors Guildford
This company ranks 20 among manufacture of other parts and accessories for motor vehicles in Guildford.
The class of 2016
32%
of the 203 companies in this sector incorporated in 2016 are still active today; 61% have since been dissolved.
A fact about the year, not a forecast for this company.