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Parallel Independence Limited

09335368

active
Private Limited Company
england wales
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

VICTORIA HOUSE, TAUNTON, TA1 3FA
Incorporated 01/12/2014

Compliance

Last accounts

28/02/2025

total exemption full

Next accounts due

30/11/2026

On track

Confirmation statement

Last: 01/12/2025

Due 15/12/2026

On track

Industry

87900
Other residential care activities

Officers

Mr David Robert Hardy

director · Since 01/12/2014

SALES ENGINEER

BRITISH · UNITED KINGDOM · Age 57

Also on 5 other boards

John Patrick Wilkinson

director · Since 01/12/2014

CARE MANAGER

BRITISH · UNITED KINGDOM · Age 47

Also on 2 other boards

Persons with Significant Control

Mr David Robert Hardy

25–50% shares
25–50% votes

British · United Kingdom · Age 57

Ash House, Cook Way, Taunton, TA2 6BJ

Notified 06/04/2016

John Patrick Wilkinson

25–50% shares
25–50% votes

British · United Kingdom · Age 47

15, Dorchester Road, Taunton, TA2 7JP

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 01/08/2016Registered 05/08/2016

CompanyRankvs 2291+ SIC 87900 peers
59

Financial strength93th percentile among SIC peers · 23/25
Employees21th percentile among SIC peers · 3/15
LiquidityCurrent ratio 1.57× · 16/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength23/25 pts

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

Employees3/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 28/02/2025

Net Worth

£412k

Balance sheet strength

Cash

£226k

Cash in the bank

Net Current Assets

£180k

Working capital

Current Assets

£498k

Current Liabilities

£317k

Fixed Assets

£261k

Debtors

£272k

0avg. employees-28

Balance Sheet

Assets less current liabilities£441k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20251.57+£116k
20241.57-£12k
20231.86+£60k
20221.98+£27k
20211.94-£66k
20202.05+£61k
20192.16

Derived from filed accounts. Not audited figures.