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Parklife Innovations Ltd

07629887

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

46 HULLBRIDGE ROAD, CHELMSFORD, CM3 5NG
Incorporated 11/05/2011

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47640
Retail sale of sports goods, fishing gear, camping goods, boats and bicycles

Officers

Mr Anders Alf Wennesland

director · Since 11/05/2011

DIRECTOR

NORWEGIAN · GREECE · Age 50

Persons with Significant Control

Mr Anders Alf Wennesland

25–50% shares
25–50% votes
Appoint directors

Norwegian · Greece · Age 50

Kyvelis Str. 27, Chalandri 15238, Athens

Notified 06/04/2016

CompanyRankvs 661+ SIC 47640 peers
75

Financial strength99th percentile among SIC peers · 25/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 2.1× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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661Parklife Innovations Ltd
75
How is this score calculated?
Financial strength25/25 pts

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

Employees0/15 pts

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

Liquidity20/20 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 31/12/2024

Net Worth

£1.0M

Balance sheet strength

Cash

£435k

Cash in the bank

Net Current Assets

£996k

Working capital

Current Assets

£1.9M

Current Liabilities

£904k

Fixed Assets

£20k

Debtors

£279k

Balance Sheet

Intangible assets£15k
Assets less current liabilities£1.0M
Signed by Mr Anders Wennesland 2nd June 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20242.10+£133k
20233.68—

Derived from filed accounts. Not audited figures.