{"name":"PROPULSION TECHNOLOGIES LIMITED","company_number":"10338183","status":"Active","type":"Private Limited Company","incorporated":"2016-08-19","dissolved":null,"registered_office":"Mclaren Technology Centre, Chertsey Road, Woking, England, GU21 4YH","postcode":"GU21 4YH","sic_codes":[{"code":29320,"description":"Manufacture of other parts and accessories for motor vehicles"}],"principal_activity":"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.","previous_names":[{"name":"HOFER POWERTRAIN PRODUCTS UK LTD.","changed_on":"2025-12-03"}],"warnings":[],"accounts":{"category":"Full","year_end":"31 December","last_made_up_to":"2024-12-31","next_due":"2026-12-31"},"employees":{"count":46,"accounts_date":"2024-12-31"},"financials":[{"financial_date":"2024-12-31","turnover":14911508,"profit_loss":-1807355,"average_employees":46},{"financial_date":"2023-12-31","turnover":18868598,"profit_loss":3663970,"average_employees":43}],"officers":{"current":2,"resigned":8,"complete":true,"note":"Names and details of individual officers are on the People page (subscriber-only on this site) and free at Companies House."},"charges":{"total":0,"outstanding":0},"gazette_notices":[],"insolvency_outcome":null,"ai_summary":null,"website":null,"links":{"page":"https://www.companiesintheuk.co.uk/ltd/propulsion-technologies","people":"https://www.companiesintheuk.co.uk/company/propulsion-technologies/people","filing_history":"https://www.companiesintheuk.co.uk/company/propulsion-technologies/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/10338183","financials":"https://www.companiesintheuk.co.uk/company/propulsion-technologies/financial","control":"https://www.companiesintheuk.co.uk/company/propulsion-technologies/control"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/propulsion-technologies"}