Parallel Wealth Management Limited
10691842
Healthy
No risk factors detected.
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 27/03/2017
DIRECTOR
BRITISH · ENGLAN · Age 38
Also on 1 other board
Persons with Significant Control
Parallel Wealth Management Group Limited
1-3 The Outlook, Fox's Marina, Ipswich, IP2 8NJ
Reg: 16390124 · Registrar Of Companies For England And Wales · Limited Company
Notified 25/07/2025
Former PSCs
Mr Dominic Ciaran Pape
Ceased 20/12/2020
Twenty4 Capital Limited
Ceased 25/07/2025
Green Arbour Capital Ltd
Ceased 23/10/2024
CompanyRankvs 751+ SIC 66300 peers64
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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 31/07/2025
Net Worth
£600
Balance sheet strength
Cash
£59k
Cash in the bank
Net Current Assets
£600
Working capital
Current Assets
£293k
Current Liabilities
£292k
Fixed Assets
£1.9M
Debtors
£234k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.00 | — |
| 2024 | 0.42 | -£7k |
| 2023 | — | -£17k |
| 2022 | 0.35 | +£58k |
| 2021 | 0.47 | — |
Derived from filed accounts. Not audited figures.