Parallel Office And Document Solutions Ltd
12829042
Healthy
No risk factors detected.
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 21/08/2020
DIRECTOR
BRITISH · UNITED KINGDOM · Age 46
Also on 4 other boards
secretary · Since 13/01/2023
director · Since 25/07/2025
CHARTERED ACCOUNTANT
BRITISH · UNITED KINGDOM · Age 46
Also on 7 other boards
Persons with Significant Control
Mr Gavin Auckland
British · United Kingdom · Age 46
Parallel House, 391 Edinburgh Avenue, Slough, SL1 4UF
Notified 21/08/2020
Parallel Corporation Ltd
C/O Absolute Accountants Limited, The Hutt, 10 Park Street, Hatfield, AL9 5AX
Reg: 15785 655 · Companies House · Limited Company
Notified 01/08/2024
CompanyRankvs 32811+ SIC 82990 peers70
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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 31/12/2024
Net Worth
£469k
Balance sheet strength
Cash
£568k
Cash in the bank
Net Current Assets
£321k
Working capital
Current Assets
£985k
Current Liabilities
£664k
Fixed Assets
£150k
Debtors
£317k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.48 | +£364k |
| 2023 | 1.11 | +£29k |
| 2022 | 0.87 | — |
| 2021 | 0.95 | — |
Derived from filed accounts. Not audited figures.