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Parlex (Europe) Limited

01345578

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)

Details

GROUND FLOOR AND FIRST FLOOR ENTERPRISE HOUSE, NEWPORT, PO30 5WB
Incorporated 22/12/1977

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

32990
Other manufacturing

Officers

Mr Christopher John Hasson

director · Since 30/12/2005

DIRECTOR

BRITISH · CHINA · Age 63

Also on 4 other boards

Mr Dominic John Ward

director · Since 30/11/2009

DIRECTOR

BRITISH · UNITED KINGDOM · Age 59

Lai Chu Cheng

secretary · Since 08/11/2012

Mr. Amit Chhabra

director · Since 01/08/2021

DIRECTOR

CHINESE · HONG KONG · Age 52

Also on 2 other boards

Mr Yves D'Agostini

director · Since 08/05/2025

HEAD OF IPG FLEXIBLE CIRCUIT PRODUCTS BU

SWISS · SWITZERLAND · Age 40

Persons with Significant Control

Johnson Electric International (Uk) Limited

75–100% shares
75–100% votes
Appoint directors

Office G5 (Ground Floor), Metropolitan House, Longrigg Road, Gateshead, NE16 3AS

Reg: 00911310 · Companies House · Private Limited Company

Notified 12/11/2020

Former PSCs

Mrs. Yik Chun Wang Koo

Ceased 12/11/2020

Charges0 outstanding

charge
satisfied

LOMBARD NORTH CENTRAL PLC.

Created 22/01/1985Registered 01/02/1985Satisfied 02/07/1988
charge
satisfied

FORWARD TRUST LIMITED.

Created 31/01/1984Registered 02/02/1984Satisfied 02/07/1988
charge
satisfied

BARCLAYS BANK PLC

Created 22/12/1984Registered 09/01/1984Satisfied 07/12/1999
charge
satisfied

INVESTORS IN INDUSTRY PLC

Created 18/11/1983Registered 21/11/1983Satisfied 02/07/1988
charge
satisfied

INVESTORS IN INDUSTRY PLC

Created 18/11/1983Registered 21/11/1983Satisfied 01/11/1991
charge
satisfied

BOWMAKER LIMITED

Created 17/03/1983Registered 21/03/1983Satisfied 02/07/1988
charge
satisfied

BARCLAYS BANK PLC

Created 19/02/1982Registered 04/03/1982Satisfied 20/11/1999
charge
satisfied

COUNCIL FOR SMALL INDUSTRIES IN RURAL AREAS.

Created 22/11/1978Registered 26/02/1982Satisfied 07/12/1999
charge
satisfied

BARCLAYS BANK PLC

Created 14/08/1981Registered 20/08/1981Satisfied 20/11/1999
charge
satisfied

BARCLAYS BANK PLC

Created 15/04/1981Registered 24/04/1981Satisfied 20/11/1999

CompanyRankvs 448+ SIC 32990 peers
87

Financial strength91th percentile among SIC peers · 23/25
Employees91th percentile among SIC peers · 14/15
LiquidityCurrent ratio 10.82× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength23/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees14/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/03/2022

Turnover

£2.0M

Annual revenue

Net Worth

£1.3M

Balance sheet strength

Cash

£211k

Cash in the bank

Profit Before Tax

-£122k

Bottom line earnings

Net Current Assets

£996k

Working capital

Current Assets

£1.0M

Current Liabilities

£93k

Fixed Assets

£825k

Debtors

£758k

Cost of Sales

£1.3M

Gross Profit

£691k

Admin Expenses

£800k

Operating Profit

-£122k

19avg. employees

Balance Sheet

Intangible assets£0
Assets less current liabilities£1.8M
Prepared with Companies House

EstimatesDerived

YearCurrent Ratio
202210.82

Derived from filed accounts. Not audited figures.