Parec Ltd
11978661
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 03/05/2019
DOCTOR
BRITISH · ENGLAND · Age 55
Also on 8 other boards
director · Since 05/04/2022
MEDICAL PRACTITIONER
BRITISH · ENGLAND · Age 51
Also on 6 other boards
Persons with Significant Control
Dr Mrs Chioma Gideon Ilechukwu
British · England · Age 51
7, Lanark Avenue, Manchester, M22 4NJ
Notified 03/05/2019
Dr Gideon Chukwudalu Ilechukwu
British · England · Age 55
7, Lanark Avenue, Manchester, M22 4NJ
Notified 03/05/2019
CompanyRankvs 11304+ SIC 86210 peers50
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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
Net Worth
£123k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£53k
Working capital
Current Assets
£1k
Current Liabilities
£54k
Fixed Assets
£176k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.02 | +£0 |
| 2025 | 0.02 | +£20k |
| 2024 | 0.04 | +£43k |
| 2023 | 1.06 | — |
| 2022 | 18.82 | — |
| 2021 | Infinity | +£13k |
| 2020 | 0.07 | — |
Derived from filed accounts. Not audited figures.