Parity Projects Limited
05557883
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/12/2024
small
Next accounts due
30/09/2026
Confirmation statement
Last: 31/08/2025
Due 14/09/2026
Industry
Officers
secretary · Since 30/04/2024
director · Since 30/04/2024
CHIEF FINANCIAL OFFICER
AMERICAN · UNITED STATES · Age 56
director · Since 30/04/2024
DIRECTOR
BRITISH · UNITED KINGDOM · Age 52
Also on 6 other boards
secretary · Since 30/04/2024
Former
secretary · Resigned 08/04/2013
director · Resigned 10/05/2013
director · Resigned 30/04/2024
director · Resigned 30/04/2024
director · Resigned 30/04/2024
secretary · Resigned 30/04/2024
Persons with Significant Control
Corelogic U.K. Limited
Fore 2, 2 Huskisson Way, Solihull, B90 4SS
Reg: 05613233 · Companies House · Private Limited Company
Notified 30/04/2024
Former PSCs
Mr Russell Paul Smith
Ceased 30/04/2024
Change History
Active
Private Limited Company
FORE 2 2 HUSKISSON WAY
SOLIHULL
CompanyRankvs 316+ SIC 62012 peers79
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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
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going
Key FinancialsYear ending 31/03/2024
Net Worth
£940k
Balance sheet strength
Cash
£1.3M
Cash in the bank
Net Current Assets
£932k
Working capital
Current Assets
£1.8M
Current Liabilities
£820k
Fixed Assets
£11k
Debtors
£483k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 2.14 | +£64k |
| 2023 | 2.58 | — |
Derived from filed accounts. Not audited figures.