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Parallel Capital Ltd

07194592

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Going concern doubt noted in accounts (-10)

Details

NO 1 BATH QUAYS, BATH, BA2 3GZ
Incorporated 18/03/2010

Compliance

Last accounts

31/03/2025

full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 18/03/2026

Due 01/04/2027

On track

Industry

68310
Real estate agencies

Officers

Mr Ian Timothy Fowler

director · Since 31/07/2014

DIRECTOR

BRITISH · UNITED KINGDOM · Age 47

Also on 13 other boards

Mr Richard John Armstrong

director · Since 29/03/2021

DIRECTOR

BRITISH · ENGLAND · Age 55

Also on 11 other boards

Mr Chris Phipson

director · Since 13/05/2024

HEAD OF FINANCE

BRITISH · ENGLAND · Age 34

Also on 4 other boards

Persons with Significant Control

Fts Venus Ltd

75–100% shares
75–100% votes
Appoint directors

No 1 Bath Quays, 1 Foundry Lane, Bath, BA2 3GZ

Reg: 07147142 · Companies House · Private Limited Company

Notified 06/04/2016

Charges0 outstanding

Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 18/03/2021Registered 26/03/2021Satisfied 08/04/2024

CompanyRankvs 19685+ SIC 68310 peers
25

Financial strength3th percentile among SIC peers · 1/25
Employees16th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.31× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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19685Parallel Capital Ltd
35
How is this score calculated?
Financial strength1/25 pts

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

Employees2/15 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.

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

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

Net Worth

-£100k

Balance sheet strength

Cash

£980

Cash in the bank

Net Current Assets

-£76k

Working capital

Current Assets

£34k

Current Liabilities

£109k

Debtors

£33k

Profit After Tax

-£13k

0avg. employees

Balance Sheet

Assets less current liabilities-£76k
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent Ratio
20250.31

Derived from filed accounts. Not audited figures.