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Parallel Lifestyle Limited

08355312

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Negative net worth (-10)

Details

UNIT 8, DOCK OFFICES, LONDON, SE16 2XU
Incorporated 10/01/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

70229
Management consultancy activities
82301
82301
82302
82302
90020
Support activities to performing arts

Officers

Mr Andrew Clement Douglass

director · Since 10/01/2013

EVENT PRODUCTION & CREATIVE SERVICES

BRITISH · ENGLAND · Age 61

Also on 6 other boards

Mrs Claudia Mary Seton Douglass

director · Since 29/06/2015

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 58

Also on 9 other boards

Persons with Significant Control

Mr Andrew Clement Douglass

25–50% shares

British · England · Age 61

12, Kingswood Avenue, London, NW6 6LA

Notified 01/02/2022

Mrs Claudia Mary Seton Douglass

50–75% shares

British · England · Age 58

12, Kingswood Avenue, London, NW6 6LA

Notified 01/02/2022

CompanyRankvs 113948+ SIC 70229 peers
49

Financial strength1th percentile among SIC peers · 0/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.67× · 6/20
Longevity13 years trading (max 15) · 13/15
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.

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity13/15 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

-£110k

Balance sheet strength

Cash

£205k

Cash in the bank

Net Current Assets

-£413k

Working capital

Current Assets

£849k

Current Liabilities

£1.3M

Fixed Assets

£1.1M

Debtors

£642k

12avg. employees+2

Tax at Year End(2022)

Corp tax£16k

Director Loans(2022)

Company owes directors£188k

Balance Sheet

Intangible assets£1.0M
Assets less current liabilities£660k
Signed by Mr Andrew Douglass 10/09/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.67-£8k
20230.61-£94k
20220.69—

Derived from filed accounts. Not audited figures.