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Parallel Care Solutions Limited

12466446

active
Private Limited Company
Companies House
Health Score
81 / 100

Healthy

25/30
Filing
20/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • 2 outstanding charges (-4)

Details

UNIT 2 MOLD BUSINESS PARK, MOLD, CH7 1XP
Incorporated 17/02/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

87200
Residential care activities for mental health, substance abuse and intellectual disabilities
87900
Other residential care activities

Officers

Mr Francis Johnson

director · Since 17/02/2020

MANAGING DIRECTOR

BRITISH · UNITED KINGDOM · Age 37

Also on 2 other boards

Persons with Significant Control

Mr Francis Johnson

75–100% shares
75–100% votes
Appoint directors

British · United Kingdom · Age 37

Unit 2 Mold Business Park, Wrexham Road, Mold, CH7 1XP

Notified 17/02/2020

Charges2 outstanding

Charge
outstanding

IFW-DEBT LP ACTING BY FWC IFW DEBT GP LIMITED, AS THE GENERAL PARTNER OF IFW-DEBT LP, ACTING BY

Created 26/09/2024Registered 01/10/2024
Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 21/05/2024Registered 22/05/2024

CompanyRankvs 3681+ SIC 87200 peers
46

Financial strength19th percentile among SIC peers · 5/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.59× · 16/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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3681Parallel Care Solutions Limited
52
How is this score calculated?
Financial strength5/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees14/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity16/20 pts

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

Longevity6/15 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 31/12/2024

Net Worth

£1

Balance sheet strength

Cash

£263k

Cash in the bank

Net Current Assets

£299k

Working capital

Current Assets

£809k

Current Liabilities

£511k

Fixed Assets

£54k

Debtors

£546k

36avg. employees+4

Tax at Year End

Corp tax£128k

Balance Sheet

Assets less current liabilities£353k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20241.59—
20231.30+£182k
20222.53-£62k
20210.12—

Derived from filed accounts. Not audited figures.