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Parallel House London Limited

12098406

active
Private Limited Company
england wales
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

Last accounts

31/07/2025

total exemption full

Next accounts due

30/04/2027

On track

Confirmation statement

Last: 10/07/2026

Due 24/07/2027

On track

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 14164+ 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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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

Derived from filed accounts. Not audited figures.