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Parallel Movie Ltd

15026156

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

CREATIVE SUITE 6, LANCASTER, LA1 4QU
Incorporated 25/07/2023

Compliance

Last accounts

31/07/2024

micro entity

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 24/07/2025

Due 07/08/2026

On track

Industry

59111
Motion picture production activities
59120
Motion picture, video and television programme post-production activities

Officers

Mr Djonny Chen

director · Since 25/07/2023

FILM PRODUCER

BRITISH · UNITED KINGDOM · Age 57

Also on 11 other boards

Persons with Significant Control

Silent D Pictures Ltd

Significant control

14, Abbeystead Drive, Lancaster, LA1 4QU

Reg: 08811798 · Companies House · Limited Company

Notified 25/07/2023

CompanyRankvs 16288+ SIC 59111 peers
23

Financial strength3th percentile among SIC peers · 1/25
Employees16th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.04× · 2/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength1/25 pts

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

Employees2/15 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.

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

-£245k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£53k

Working capital

Current Assets

£2k

Current Liabilities

£55k

0avg. employees

Balance Sheet

Assets less current liabilities-£53k
Prepared with Taxfiler

EstimatesDerived

YearCurrent Ratio
20240.04

Derived from filed accounts. Not audited figures.