Parallel Uk Limited
07016526
Some Concerns
- No accounts filed in last 18 months (-5)
- Going concern doubt noted in accounts (-10)
- 4 outstanding charges (-8)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 09/11/2009
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 49
Also on 13 other boards
director · Since 01/09/2014
GROWER EXPORTER
SOUTH AFRICAN · SOUTH AFRICA · Age 53
secretary · Since 07/08/2023
Persons with Significant Control
Fresh Hub Group Limited
The Bungalow C/O Parallel Uk Ltd, Northgate, Spalding, PE11 3SQ
Reg: 12576618 · Companies House · Private Limited Company
Notified 05/02/2021
Former PSCs
Mr Robert William Landymore
Ceased 05/02/2021
Charges4 outstanding
HSBC INVOICE FINANCE (UK) LIMITED
HSBC UK BANK PLC
HSBC BANK PLC
HSBC BANK PLC
CompanyRankvs 630+ SIC 46310 peers49
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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
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 30/11/2024
Turnover
£74.6M
Annual revenue
Net Worth
£3.8M
Balance sheet strength
Cash
£3.1M
Cash in the bank
Profit Before Tax
£107k
Bottom line earnings
Net Current Assets
£3.7M
Working capital
Current Assets
£19.0M
Current Liabilities
£15.3M
Fixed Assets
£61k
Debtors
£15.9M
Cost of Sales
£70.7M
Gross Profit
£3.9M
Admin Expenses
£3.8M
Operating Profit
£107k
Profit After Tax
£80k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.24 | +£80k |
| 2023 | 1.28 | — |
Derived from filed accounts. Not audited figures.