Propeller Leasing Ltd

Reference number: 718502

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Authorised by the FCA

This firm is on the FCA register and authorised to carry out regulated activities.

Website, phone number and address

Compare these against whatever you were given. Scammers clone real firm names and reference numbers but use their own phone number and website, so a detail that does not match the register is the clearest warning sign there is.

In the full report: 3 background checks, 1 thing worth a closer look

  • When propellerleasing.com first appeared online, and whether it can receive email
  • What kind of line 028 9041 9777 is
  • Who else gives the postcode BT16 1QT
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Other names (2)

If you were contacted under any of these names, it is this firm.

  • Contraflex Limited Former name
  • CGR Contract Hire Former trading name

FCA permissions and consumer protection

  • Lend or arrange credit · Hire out goods to consumers No FSCS cover
    Consumer credit is not covered by the FSCS, so there is no compensation scheme if the firm fails.
  • Complaints Ombudsman, free
    You can refer a complaint about this firm to the Financial Ombudsman Service for free, whichever activity it relates to.
Show FCA detail (5 permissions)
  • Credit Broking
  • Debt Adjusting
  • Debt-counselling
  • Entering into Regulated Consumer Hire Agreements as owner
  • Exercising or having the right to exercise the owner's rights and duties under a regulated consumer hire agreement

FCA disciplinary action and complaints

No FCA disciplinary action.

The Financial Ombudsman Service only publishes complaint figures for firms with 30 or more new complaints in six months, so there are none here for this firm.

Companies House record

The company behind the firm: its status, age, registered office and directors.

Company number
NI621948
Company status
Active
Company type
Private limited company
Incorporated
13 December 2013 (12 years old)
Registered office
Unit A6 Inspire Business Park Carrowreagh Road, Dundonald, Belfast, BT16 1QT, Northern Ireland
Nature of business
  • Sale of new cars and light motor vehicles (SIC 45111)

Directors and company secretaries

Name Role Born Appointed Other companies
Cathryne Anne Spurling Director Jul 1976 2 Jan 2019 1 other company
Cathryne Anne Spurling Secretary Not published 3 Oct 2016 –

Other companies run by its director

A firm is run by people, and their other companies are their track record: what they built, what closed, and anything that failed. It is the check most people never think to make.

other company
1
still active
1

In the full report: all 1 company, named

  • What each company does, and whether it is still trading
  • Which of its director sits on each board, and since when
  • Any that went into liquidation or administration
  • All 7 people who have ever been directors, with their dates
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Filed accounts and finances

Year to 31 March 2025Micro-entity accountsNot audited

Net assets

£493k

−2.3% from £504k

Employees (average)

4

−56% from 9

Owed within a year

£539k

−19% from £667k

Net assets

In the full report: all 7 years of accounts

  • Every year from 2019 to 2025
  • The chart, over every year
  • Every filed figure, year by year
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About these figures
Turnover
Money taken from sales in the year, before any costs.
Profit before tax
What was left after the year’s costs, before corporation tax. A minus figure is a loss.
Net assets, or total equity
Everything the company owns minus everything it owes. A minus figure means it owes more than it owns.
Total assets and total liabilities
Everything the company owns, and everything it owes, on the last day of the year. The gap between them is its net assets.
Cash at bank
Money in the company’s accounts on the last day of the year.
Owed within a year, owed after a year
Debts and bills due in the next twelve months, and those due later.

There is no turnover or profit: small companies do not have to publish them.

Accounts filed at Companies House for company NI621948. Every figure is as filed, apart from total assets and total liabilities, which are added up from filed figures. Nothing is estimated.

Key dates in its history

Propeller Leasing’s history from the FCA register and Companies House, newest first.

Key events (7) All events (28)

2024

24 September 2024

  • Changed its registered name from "Contraflex Limited"

FCA register

2022

31 August 2022

  • John Henry became a part-owner (25–50% of shares)
  • John Henry stopped being a part-owner

Companies House

2017

23 March 2017

  • John Henry became a part-owner (25–50% of shares)

Companies House

2015

15 October 2015

  • Regulated by the FCA from this date
  • Became authorised by the FCA

FCA register

2013

13 December 2013

  • Incorporated at Companies House

Companies House

In the full report: all 28 events

  • All 28 events in its history (7 shown here)
  • Every director appointment and resignation: 17
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Firms connected to Propeller Leasing

Other FCA-listed firms that share a director, phone number or address with Propeller Leasing. A link shows who the firm is tied to, not whether either can be trusted.

connected firms
2
no longer authorised
1
share its postcode
2

In the full report: all 2 connected firms, named

  • How each is linked: the same postcode (2)
  • Who links each one: the named directors, with dates
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Firms like Propeller Leasing

Other firms of the same type (car leasing or hire), nearest first.

In the Belfast (BT) postcode area

Copytext Asset Finance LtdDungannonAuthorisedVehicle Consultancy LtdBelfastAuthorisedAgnew Leasing LtdBelfastAuthorisedArmagh Auto Sales limitedArmaghAuthorisedBridge Commercials LimitedHillsboroughAuthorisedC.R. Morrow LimitedNewryAuthorised

Firms are listed by type and location, best known first. Being listed is not a recommendation: check any firm before you deal with it.

Get the full report on Propeller Leasing

Everything on this page, plus everything locked above, in one dated PDF you can keep, file or send on.

  • 1 other company its directors have run, named
  • 3 background checks on its contact details, 1 flagged
  • 7 years of accounts, charted
  • All 28 events in its history
  • 2 connected firms, named, and who links them

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Frequently asked questions about this firm

Is Propeller Leasing Ltd FCA authorised?
Yes, Propeller Leasing Ltd (FRN 718502) is authorised by the FCA to carry out regulated activities. It has held its current authorisation since October 2015 and works as a car leasing or hire. The FCA has placed no limits on its permissions.
What is Propeller Leasing’s phone number and website?
The FCA register lists the phone number 028 9041 9777 and the website propellerleasing.com for Propeller Leasing. If you were given different contact details, use these to check with the firm before going any further.
Is Propeller Leasing a scam or clone?
Propeller Leasing is a genuine FCA-listed firm, and the FCA has published no warnings about fake versions of it. Scammers do copy real firms, though, so check that any contact details you were given match the ones on the register.
Is my money safe with Propeller Leasing?
Its FCA permissions do not allow it to hold or control client money. Protection depends on which product you hold and how Propeller Leasing handles your money, so check the specific product before you commit. You can also refer complaints about Propeller Leasing to the Financial Ombudsman Service, free of charge.
Who owns Propeller Leasing?
Companies House lists no one with significant control of Propeller Leasing now. Before that, it was controlled by Mr John Henry.
Who runs Propeller Leasing?
Companies House lists one director of Propeller Leasing: Cathryne Anne Spurling.
How long has Propeller Leasing been in business?
The company was formed on 13 December 2013, and has held its current FCA authorisation since October 2015.
What do Propeller Leasing’s latest accounts show?
Its latest accounts, to 31 March 2025, show net assets of £493k (−2.3% from £504k).
Does Propeller Leasing use any other names?
It has previously used 2 other names: Contraflex Limited and CGR Contract Hire.

Sources and links

The full report on Propeller Leasing Ltd

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