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Parallel Safety Ltd

09019166

liquidation
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
N/A

Details

TRUSOLV LTD, GROVE HOUSE, MERIDIANS CROSS, SOUTHAMPTON, SO14 3TJ
Incorporated 30/04/2014

Compliance

Last accounts

29/04/2025

micro entity

Next accounts due

29/01/2027

On track

Confirmation statement

Last: 29/04/2025

Due 13/05/2026

Overdue

Industry

43120
Site preparation
49100
Passenger rail transport, interurban

Officers

Mr Robert Charles Coppin

director · Since 30/04/2014

RAILWAY SAFETY

BRITISH · ENGLAND · Age 50

Kitform Limited

secretary · Since 17/08/2015

Also on 570 other boards

Persons with Significant Control

Mr Robert Charles Coppin

75–100% shares

British · England · Age 50

Trusolv Ltd, Grove House, Meridians Cross, Ocean Village, Southampton, SO14 3TJ

Notified 31/01/2017

Insolvency History1 case

creditors voluntary liquidation13/03/2026

Matthew James Hoy (practitioner) · Shane Biddlecombe (practitioner)

CompanyRankvs 15+ SIC 43120 peers
33

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 1.76× · 16/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Insolvency history -10
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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.

Employees0/15 pts

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

Liquidity16/20 pts

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

Longevity12/15 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

Insolvency history: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 29/04/2025

Net Worth

£2k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£4k

Working capital

Current Assets

£4k

Current Liabilities

£2k

1avg. employees

Balance Sheet

Assets less current liabilities£4k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20251.76-£9k
2024Infinity+£9k
20230.19

Derived from filed accounts. Not audited figures.