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Parallel Corporation Ltd

15785655

active
ltd
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)
  • Going concern doubt noted in accounts (-10)

Details

Parallel House, 391 Edinburgh Avenue, Slough, SL1 4UF
Incorporated 18/06/2024

Compliance

Last accounts

31/12/2024

unaudited abridged

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 17/06/2026

Due 01/07/2027

On track

Industry

64209
Activities of other holding companies

Officers

Mr Gavin James Auckland

director · Since 18/06/2024

DIRECTOR

BRITISH · UNITED KINGDOM · Age 46

Also on 4 other boards

Mr Paul Raymond Hutt

director · Since 25/07/2025

CHARTERED ACCOUNTANT

BRITISH · UNITED KINGDOM · Age 47

Also on 7 other boards

Gavin James Auckland

director · Since 18/06/2024

British · United Kingdom · Age 46

Paul Raymond Hutt

director · Since 25/07/2025

British · United Kingdom · Age 47

Persons with Significant Control

Mr Gavin Auckland

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

British · United Kingdom · Age 46

Parallel House, 391 Edinburgh Avenue, Slough, SL1 4UF

Notified 18/06/2024

Change History

status → active
2026-08-11

Active

type → ltd
2026-08-11

Private Limited Company

address line1 → Parallel House
2026-08-11

PARALLEL HOUSE

post town → Slough
2026-08-11

SLOUGH

officer appointed → AUCKLAND, Gavin James
2026-08-11
officer appointed → HUTT, Paul Raymond
2026-08-11

CompanyRankvs 28428+ SIC 64209 peers
36

Financial strength80th percentile among SIC peers · 20/25
Employees58th percentile among SIC peers · 9/15
LiquidityNo balance sheet data · 0/20
Longevity2 years trading (max 15) · 2/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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28428Parallel Corporation Ltd
46
How is this score calculated?
Financial strength20/25 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.

Liquidity0/20 pts

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

Longevity2/15 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

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

Going Concern Doubt

tion 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 identified material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern

Key FinancialsYear ending 31/12/2024

Net Worth

£435k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

—

Working capital

Current Assets

—

Current Liabilities

—

Fixed Assets

£435k

1avg. employees

Balance Sheet

Assets less current liabilities£435k
Signed by Mr Gavin Auckland 28/09/2025Prepared with Acorah Software Products - Accounts Production