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Parallax Engineering Evolution Ltd

13523993

active
Private Limited Company
england wales
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

SUITE 53C, UNIMIX HOUSE SUITE 53C, UNIMIX HOUSE, LONDON, NW10 7TR
Incorporated 22/07/2021

Compliance

Last accounts

31/07/2025

micro entity

Next accounts due

30/04/2027

On track

Confirmation statement

Last: 06/09/2025

Due 20/09/2026

On track

Industry

26200
Manufacture of computers and peripheral equipment

Officers

Yosef Yahudah-Yisrael

director · Since 22/07/2021

TECHNICAL DIRECTOR/ SENIOR ENGINEER

BRITISH · ENGLAND · Age 56

Persons with Significant Control

Yosef Yahudah-Yisrael

75–100% shares

British · England · Age 56

Suite 53c, Unimix House, Suite 53c, Unimix House, London, NW10 7TR

Notified 22/07/2021

CompanyRankvs 794+ SIC 26200 peers
28

Financial strength6th percentile among SIC peers · 2/25
Employees25th percentile among SIC peers · 4/15
LiquidityCurrent ratio 0.1× · 2/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength2/25 pts

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

Employees4/15 pts

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

Liquidity2/20 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 31/07/2024

Net Worth

-£58k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£59k

Working capital

Current Assets

£6k

Current Liabilities

£65k

Fixed Assets

£295

0avg. employees

Balance Sheet

Assets less current liabilities-£58k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20240.10-£23k
20230.15-£15k
20220.22

Derived from filed accounts. Not audited figures.