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Parallel House London Limited

12098406

active
Private Limited Company
Companies House
Health Score
72 / 100

Some Concerns

30/30
Filing
10/30
Financial
32/40
Risk
  • Current liabilities exceed current assets (-10)
  • 4 outstanding charges (-8)

Details

NICHOLAS PETERS & CO, 10-12, LONDON, W1W 7BR
Incorporated 11/07/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate
68209
Other letting and operating of own or leased real estate

Officers

Mr Mandeep Singh Binning

director · Since 11/07/2019

DIRECTOR

BRITISH · UNITED KINGDOM · Age 45

Also on 22 other boards

Mr Antonis Demetri

director · Since 11/07/2019

DIRECTOR

BRITISH · UNITED KINGDOM · Age 53

Also on 28 other boards

Mr Antonis Theori

director · Since 11/07/2019

DIRECTOR

BRITISH · UNITED KINGDOM · Age 52

Also on 9 other boards

Mr Nicholas Theori

director · Since 11/07/2019

DIRECTOR

BRITISH · UNITED KINGDOM · Age 36

Charges4 outstanding

Charge
outstanding

SECURE TRUST BANK PLC

Created 30/11/2023Registered 06/12/2023
Charge
outstanding

SECURE TRUST BANK PLC

Created 30/11/2023Registered 06/12/2023
Charge
outstanding

UNITED TRUST BANK LIMITED

Created 02/10/2020Registered 05/10/2020
Charge
outstanding

UNITED TRUST BANK LIMITED

Created 02/10/2020Registered 05/10/2020

CompanyRankvs 15636+ SIC 68100 peers
60

Financial strength100th percentile among SIC peers · 25/25
Employees19th percentile among SIC peers · 3/15
LiquidityCurrent ratio 2.35× · 20/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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15636Parallel House London Limited
69
How is this score calculated?
Financial strength25/25 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.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity7/15 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 31/07/2025

Net Worth

£15.6M

Balance sheet strength

Cash

£5.0M

Cash in the bank

Net Current Assets

£7.5M

Working capital

Current Assets

£13.1M

Current Liabilities

£5.6M

Fixed Assets

£25.0M

Debtors

£8.0M

0avg. employees

Balance Sheet

Assets less current liabilities£32.5M

EstimatesDerived

YearCurrent RatioImplied Profit
20252.35+£4.1M
20241.68+£6.4M
20230.05+£6.7M
20220.08-£974k
20210.03-£588k
20200.81—

Derived from filed accounts. Not audited figures.