Back to search

Parasol Engineering Limited

14658396

active
Private Limited Company
england wales
Companies House
Health Score
66 / 100

Some Concerns

30/30
Filing
0/30
Financial
36/40
Risk
  • Negative net worth (-10)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

20 FOSSEWAY COURT, BRISTOL, BS8 4EH
Incorporated 13/02/2023

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 02/10/2025

Due 16/10/2026

On track

Industry

68100
Buying and selling of own real estate
68209
Other letting and operating of own or leased real estate

Officers

Mr Andrew Rendle

director · Since 13/02/2023

DIRECTOR

BRITISH · ENGLAND · Age 68

Also on 3 other boards

Persons with Significant Control

Mr Andrew Rendle

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

British · England · Age 68

Mansion House, Manchester Road, Altrincham, WA14 4RW

Notified 13/02/2023

Charges2 outstanding

Charge
outstanding

FUNDING 365 PROPERTY LIMITED

Created 06/12/2024Registered 11/12/2024
Charge
outstanding

FUNDING 365 PROPERTY LIMITED

Created 06/12/2024Registered 11/12/2024

CompanyRankvs 142482+ SIC 68100 peers
11

Financial strength8th percentile among SIC peers · 2/25
Employees60th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0× · 2/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
Show leaderboard
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.

Employees9/15 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.

Longevity3/15 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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going

Key FinancialsYear ending 31/03/2025

Net Worth

-£38k

Balance sheet strength

Cash

£2k

Cash in the bank

Net Current Assets

-£1.4M

Working capital

Current Assets

£2k

Current Liabilities

£1.4M

Fixed Assets

£1.4M

1avg. employees

Balance Sheet

Assets less current liabilities-£38k
Signed by Mr Andrew Rendle 23 December 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent Ratio
20250.00
20240.87

Derived from filed accounts. Not audited figures.