Parallel Contract Services Ltd
11338432
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 01/05/2018
DIRECTOR
BRITISH · ENGLAND · Age 35
Also on 1 other board
Persons with Significant Control
Mr Anthony Chukwunonso Nwosa
British · England · Age 35
Kemp House, 160 City Road, London, EC1V 2NX
Notified 05/05/2018
Former PSCs
Mr Anthony Nwosa
Ceased 01/01/2023
CompanyRankvs 4705+ SIC 43290 peers69
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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 31/05/2025
Turnover
£632k
Annual revenue
Net Worth
£125k
Balance sheet strength
Cash
£90k
Cash in the bank
Profit Before Tax
£71k
Bottom line earnings
Net Current Assets
£125k
Working capital
Current Assets
£165k
Current Liabilities
£40k
Debtors
£60k
Cost of Sales
£466k
Gross Profit
£166k
Admin Expenses
£75k
Operating Profit
£71k
Profit After Tax
£57k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 4.13 | +£113k |
| 2022 | 1.97 | -£842 |
| 2021 | 2.57 | +£69k |
| 2020 | 0.22 | — |
| 2019 | 1.23 | — |
Derived from filed accounts. Not audited figures.