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Parallax Car Transport Ltd

15900732

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

801 ALDER HOUSE, LONDON, E16 1DD
Incorporated 16/08/2024

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

49410
Freight transport by road

Officers

Mr Muhammad Faizan Iftikhar

director · Since 16/08/2024

DIRECTOR

PAKISTANI · ENGLAND · Age 40

Also on 1 other board

Persons with Significant Control

Mr Muhammad Faizan Iftikhar

75–100% shares

Pakistani · England · Age 40

801, Alder House 9 Seagull Lane, London, E16 1DD

Notified 16/08/2024

CompanyRankvs 17160+ SIC 49410 peers
57

Financial strength65th percentile among SIC peers · 16/25
Employees27th percentile among SIC peers · 4/15
LiquidityCurrent ratio 5.34× · 20/20
Longevity2 years trading (max 15) · 2/15
Filing complianceAll filings up to date · 15/15
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17160Parallax Car Transport Ltd
56
How is this score calculated?
Financial strength16/25 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.

Liquidity20/20 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.

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

Key FinancialsYear ending 31/08/2025

Net Worth

£5k

Balance sheet strength

Cash

£90

Cash in the bank

Net Current Assets

£5k

Working capital

Current Assets

£7k

Current Liabilities

£1k

Debtors

£6k

1avg. employees
Prepared with Taxfiler

EstimatesDerived

YearCurrent Ratio
20255.34

Derived from filed accounts. Not audited figures.