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Parallel Notion Limited

03746099

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

5 CHESTNUT ROAD, KINGSTON UPON THAMES, KT2 5AP
Incorporated 31/03/1999

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

74100
Specialised design activities

Officers

Annamaria Athayde

secretary · Since 31/03/1999

SECRETARY

BRITISH · ENGLAND · Age 62

Also on 11 other boards

Mr Nigel Chandra Prabhavalkar

director · Since 31/03/1999

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 64

Also on 4 other boards

Annamaria Athayde

director · Since 20/03/2000

SECRETARY

BRITISH · ENGLAND · Age 62

Also on 11 other boards

Persons with Significant Control

Mr Nigel Chandra Prabhavalkar

25–50% shares

British · England · Age 64

5, Chestnut Road, Kingston Upon Thames, KT2 5AP

Notified 06/04/2016

Ms Annamie Athayde

25–50% shares

British · England · Age 62

5, Chestnut Road, Kingston Upon Thames, KT2 5AP

Notified 06/04/2016

Charges1 outstanding

charge
outstanding

WILLIAM ROGER KNIGHT

Created 24/02/2004Registered 26/02/2004

CompanyRankvs 14967+ SIC 74100 peers
47

Financial strength40th percentile among SIC peers · 10/25
Employees73th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.93× · 6/20
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 strength10/25 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.

Liquidity6/20 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

£138

Balance sheet strength

Cash

£8

Cash in the bank

Net Current Assets

-£1k

Working capital

Current Assets

£18k

Current Liabilities

£20k

Fixed Assets

£2k

Debtors

£18k

2avg. employees

Balance Sheet

Bank loans & overdrafts£394
Assets less current liabilities£532
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent Ratio
20250.93
20241.00
20231.46
20221.99
20212.87

Derived from filed accounts. Not audited figures.