−£108k
vs Oct 2024Active02308758Private limited companyChichester
PARALLELE LINES LIMITED
Significant control: Margot Elizabeth Wheaton (25–50%), Ian Hugh Morris (25–50%)
From public filings as at 31 Aug 2026; may contain errors or be out of date. Verify at Companies House · Terms
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What does Parallele Lines Limited sell?
Registered activity: Other holiday and other collective accommodation (SIC 55209). We’re building product and service lists for UK companies. Get this one when it’s ready.
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01
Summary
PARALLELE LINES LIMITED is an active private limited company (company number 02308758) incorporated on 25 October 1988, registered in Chichester. Its registered activity is other holiday and other collective accommodation (SIC 55209). Latest micro accounts cover the period ending 31 October 2025, showing net assets of −£108k, with 2 employees on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets fell 39% on the prior period (−£78k).
Peer position · net assets
By net assets it sits in the bottom quarter of 137 comparable companies in Portsmouth (median £100, upper quartile £13k).
02
Ownership and control
- Mrs Margot Elizabeth Wheaton
- owns 25–50% of shares
- Mr Ian Hugh Morris
- owns 25–50% of shares
- Mr Graham Hugh Morris
- owns 50–75% of shares
Persons with significant control hold 25% or more of shares or voting rights. Smaller shareholdings are only listed in confirmation-statement documents. Directors and secretaries: see the officers list at Companies House.
03
Key dates
- Incorporated
- 25 October 198837 yrs ago
- Next accounts due
- 31 July 2027in 281 days
- Confirmation statement due
- 8 November 2026in 16 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
04
Activity
- SIC 55209
- Other holiday and other collective accommodation
- Accounts type
- Micro Entity
- Size band
- MicroCompanies Act thresholds
05
Financials
Not reported
Not disclosed
2
No changevs Oct 2024| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 31 October 2025 | −£108k | — | — | £1,141 | — | — | 2 |
| 31 October 2024 | −£78k | — | — | £2,131 | — | — | 2 |
Current ratio0.64Current assets ÷ creditors within one year
Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing; micro-entity accounts contain no profit and loss account.
06
Filing and accounts signals
- Net assets below zeroNet assets £-107,695 at 31 October 2025
- Net assets down 25% or more on the prior period-38.6% vs prior period
- Current assets below creditors within one yearCurrent ratio 0.64
- Incorporated five or more years agoIncorporated 25 October 1988
Neutral facts read from the register and filed accounts, each with its evidence. They are not a rating, a prediction or advice, and may be incomplete or out of date. How each signal is derived.
07
Timeline
- Next accounts duein 281 days
- Confirmation statement duein 16 days
- Accounts period endNet liabilities £108k · micro accounts
- Accounts period endNet liabilities £78k · micro accounts
- Incorporated
08
Similar companies in Portsmouth
- MANTASMART LIMITEDChichester · inc. Mar 1988
- P. M. LEISURE HOMES LIMITEDHayling Island · inc. Dec 1987
- DOUBLETON FARM COTTAGES LIMITEDChichester · inc. Jul 1997
- AIRZONE EVENTS LIMITEDFareham · inc. Feb 1999
- KEMPHILL BARN HOLIDAYS LIMITEDRyde · inc. Jul 2000
- FINDAFLIGHT LIMITEDChichester · inc. Mar 2003
All companies incorporated on 25 October 1988 · in Oct 1988.
09
Reminders for PARALLELE LINES LIMITED
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.