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Parity Systems (Europe) Limited

01715727

active
Private Limited Company
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

11 PENNY CLOSE, GLOUCESTER, GL2 0NP
Incorporated 18/04/1983

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities

Officers

Mr Colin Meecham

secretary · Since 31/12/1990

BRITISH · ENGLAND · Age 72

Also on 3 other boards

Mr Colin Meecham

director · Since 31/12/1990

DIRECTOR

BRITISH · ENGLAND · Age 72

Also on 3 other boards

Mrs Yvonne Meecham

director · Since 31/12/1990

DIRECTOR

BRITISH · ENGLAND · Age 73

Persons with Significant Control

Mrs Yvonne Meecham

25–50% shares
25–50% votes

British · England · Age 73

11 Penny Close, Gloucester, GL2 0NP

Notified 06/04/2016

Mr Colin Meecham

25–50% shares
25–50% votes

British · England · Age 72

11 Penny Close, Gloucester, GL2 0NP

Notified 06/04/2016

Charges1 outstanding

charge
outstanding

BARCLAYS BANK PLC

Created 01/01/1991Registered 16/01/1991

CompanyRankvs 4060+ SIC 62020 peers
71

Financial strength79th percentile among SIC peers · 20/25
Employees73th percentile among SIC peers · 11/15
LiquidityCurrent ratio 32.33× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength20/25 pts

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

Employees11/15 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.

Risk deductions

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/03/2025

Net Worth

£47k

Balance sheet strength

Cash

£36k

Cash in the bank

Net Current Assets

£47k

Working capital

Current Assets

£48k

Current Liabilities

£1k

Debtors

£13k

2avg. employees

Balance Sheet

Assets less current liabilities£47k
Signed by Mr Colin Meecham 11/06/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
202532.33-£44k
20243.61-£8k
20236.42+£24k
20224.49+£20k
20215.41+£11k
202011.66+£15k
20191.25-£16k
20175.14

Derived from filed accounts. Not audited figures.