Parkinson Harness Technology Limited
04304748
Healthy
- Going concern doubt noted in accounts (-10)
- 3 outstanding charges (-6)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 01/07/2025
MANAGING DIRECTOR
INDIAN · ENGLAND · Age 54
Also on 2 other boards
Persons with Significant Control
Mr Rahul Radhavallabh Dhoot
Indian · India · Age 53
Parkinson Harness Technology Ltd, Avalon Road, Boston, PE20 1FF
Notified 23/03/2018
Former PSCs
Mr David Michael Earnshaw
Ceased 23/03/2018
Mr Charles Robert Haynes
Ceased 23/03/2018
Charges3 outstanding
HSBC UK BANK PLC
HSBC INVOICE FINANCE (UK) LTD
HSBC UK BANK PLC
CLYDESDALE BANK PLC (TRADING AS BOTH CLYDESDALE AND YORKSHIRE BANK)
LLOYDS TSB COMMERCIAL FINANCE LIMITED
LLOYDS TSB COMMERCIAL FINANCE LIMITED
NATIONAL WESTMINSTER BANK PLC
LLOYDS TSB COMMERCIAL FINANCE LIMITED
CompanyRankvs 11+ SIC 27330 peers66
Show leaderboard
How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Going concern doubt: -10 pts
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co
Key FinancialsYear ending 31/03/2025
Turnover
£16.6M
Annual revenue
Net Worth
£4.8M
Balance sheet strength
Cash
£12k
Cash in the bank
Profit Before Tax
£718k
Bottom line earnings
Net Current Assets
£4.5M
Working capital
Current Assets
£9.9M
Current Liabilities
£5.4M
Fixed Assets
£479k
Debtors
£7.4M
Cost of Sales
£13.7M
Gross Profit
£2.9M
Admin Expenses
£2.1M
Operating Profit
£801k
Profit After Tax
£527k
Tax at Year End
Director Loans
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.83 | +£527k |
| 2024 | 2.16 | +£908k |
| 2023 | 1.82 | +£920k |
| 2022 | 1.65 | +£685k |
| 2021 | 1.47 | +£393k |
| 2020 | 1.33 | +£125k |
| 2019 | 1.29 | — |
Derived from filed accounts. Not audited figures.