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Parallel Business Centres Limited

06307553

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

PARALLEL HOUSE, 32 LONDON ROAD, SURREY, GU1 2AB
Incorporated 10/07/2007

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Julian Carl Munday

secretary · Since 17/07/2007

FINANCE DIRECTOR

BRITISH · UNITED KINGDOM · Age 62

Also on 93 other boards

Mr Malcolm Roderick Young

director · Since 17/07/2007

DIRECTOR

BRITISH · ENGLAND · Age 78

Also on 36 other boards

Mrs Sandra Denise Young

director · Since 17/07/2007

DIRECTOR

BRITISH · ENGLAND · Age 76

Also on 34 other boards

Mr Julian Carl Munday

director · Since 01/04/2009

FINANCE DIRECTOR

BRITISH · UNITED KINGDOM · Age 62

Also on 93 other boards

Persons with Significant Control

Wilky Property Holdings Limited

75–100% shares

Parallel House, 32 London Road, Guildford, GU1 2AB

Reg: 01454225 · Companies House · Limited Company

Notified 06/04/2016

Charges0 outstanding

charge
satisfied

BARCLAYS BANK PLC

Created 29/04/2010Registered 11/05/2010Satisfied 08/11/2012

CompanyRankvs 129239+ SIC 68209 peers
47

Financial strength1th percentile among SIC peers · 0/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.23× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength0/25 pts

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

Employees15/15 pts

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

Liquidity2/20 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 31/03/2025

Net Worth

-£368k

Balance sheet strength

Cash

£50

Cash in the bank

Net Current Assets

-£378k

Working capital

Current Assets

£110k

Current Liabilities

£487k

Fixed Assets

£10k

Debtors

£110k

9avg. employees

Balance Sheet

Assets less current liabilities-£368k
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20250.23+£27k
20240.17-£95k
20230.30-£28k
20220.23

Derived from filed accounts. Not audited figures.