Parallel Precision Limited
10404560
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mrs Susan Connor
British · United Kingdom · Age 68
Unit 112, Lydney Harbour Estate, Lydney, GL15 4EJ
Notified 29/09/2017
Mr Elliott Reece James Staton
British · United Kingdom · Age 33
Unit 112, Lydney Harbour Estate, Lydney, GL15 4EJ
Notified 06/04/2020
CompanyRankvs 1306+ SIC 25620 peers61
Show leaderboard
How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/03/2026
Net Worth
£54k
Balance sheet strength
Cash
£62k
Cash in the bank
Net Current Assets
£50k
Working capital
Current Assets
£107k
Current Liabilities
£57k
Fixed Assets
£317k
Debtors
£35k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2026 | 1.88 | -£16k |
| 2025 | 1.52 | +£54k |
| 2024 | 0.96 | -£4k |
| 2023 | 0.97 | — |
Derived from filed accounts. Not audited figures.