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Parallel Applications Ltd

02293358

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)

Details

20 ASHRIDGE GARDENS, MIDDLESEX, HA5 1DU
Incorporated 06/09/1988

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

99999
Dormant company

Officers

Mr Peter John Faherty

director · Since 30/05/1991

DIRECTOR

BRITISH · ENGLAND · Age 65

Also on 2 other boards

Persons with Significant Control

Ms Laura Jane Smith

25–50% shares

British · England · Age 62

20 Ashridge Gardens, Middlesex, HA5 1DU

Notified 14/06/2018

Mr Peter John Faherty

25–50% shares

British · England · Age 65

20 Ashridge Gardens, Middlesex, HA5 1DU

Notified 14/06/2018

CompanyRankvs 28438+ SIC 99999 peers
43

Financial strength51th percentile among SIC peers · 13/25
Employees0th percentile among SIC peers · 0/15
LiquidityNo balance sheet data · 0/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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28438Parallel Applications Ltd
43
How is this score calculated?
Financial strength13/25 pts

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

Employees0/15 pts

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

Liquidity0/20 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 31/12/2024

Net Worth

£4

Balance sheet strength

Cash

£4

Cash in the bank

Net Current Assets

—

Working capital

Current Assets

—

Current Liabilities

—

Prepared with Companies House