Back to search

Parallax Digital Media Ltd

13122115

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

18 ENDEAVOUR PARK, BAKER ROAD, CRAMLINGTON, NE23 1XA
Incorporated 08/01/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62090
Other information technology service activities
73110
Advertising agencies

Officers

Mr Jeffrey Allan Ferrier

director · Since 08/01/2021

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 60

Also on 2 other boards

Persons with Significant Control

Mr Jeffrey Allan Ferrier

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

British · England · Age 60

18, Endeavour Park, Baker Road, Cramlington, NE23 1XA

Notified 08/01/2021

CompanyRankvs 48995+ SIC 62090 peers
37

Financial strength19th percentile among SIC peers · 5/25
Employees41th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0.97× · 6/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
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.

Employees6/15 pts

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

Liquidity6/20 pts

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

Longevity5/15 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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 05/04/2025

Net Worth

-£25

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

Working capital

Current Assets

£720

Current Liabilities

£745

1avg. employees
Signed by 13122115 2024-04-06 2025-04-05 13122115 2025-04-05 13122115 core:CurrentFinancialInstruments core:WithinOneYear 2025-04-Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent Ratio
20250.97
20240.41
20232.48
20221.22

Derived from filed accounts. Not audited figures.