−£1.49m
vs Dec 2024Active10530679Private limited companyLondon
PARALLEL 51 LIMITED
E32/10001
Summary
PARALLEL 51 LIMITED is an active private limited company (company number 10530679) incorporated on 17 December 2016, registered in London. Its registered activity is business and domestic software development (SIC 62012). Latest small accounts cover the period ending 31 December 2025, showing net assets of −£1.49m and cash of £5,736, with 8 employees on average. Net assets fell 32% on the prior period (−£1.13m). Across the last 3 periods on record the net-asset trend is falling.
Peer position · net assets
By net assets it sits in the bottom quarter of 15,170 comparable companies in London (median £702, upper quartile £27k).
02
Key dates
- Incorporated
- 17 December 20169 yrs ago
- Next accounts due
- 30 September 2027in 343 days
- Confirmation statement due
- 31 December 2026in 70 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
03
Activity
- SIC 62012
- Business and domestic software development
- SIC 62090
- Other information technology service activities
- SIC 69109
- Activities of patent and copyright agents; other legal activities n.e.c.
- Accounts type
- Total Exemption Full
- Size band
- MicroCompanies Act thresholds
04
Financials
£5,736
−1%vs Dec 2024Not reported
8
No changevs Dec 2024| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 31 December 2025 | −£1.49m | £5,736 | £1,562 | £1.50m | — | — | 8 |
| 31 December 2024 | −£1.13m | £5,802 | £66k | £1.20m | — | — | 8 |
| 31 December 2023 | −£808k | £24k | £149k | £981k | — | — | 3 |
Current ratio0Current liabilities exceed current assets
Cash per employee£717Cash ÷ average employees
Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing.
05
Firmoscan score
32 / 100 · grade E
| 50 | Starting scoreEvery scored company starts here |
| −15 | Negative net assetsNet assets £-1,488,476 at 2025-12-31 |
| −8 | Net assets falling-32.2% vs prior period |
| −8 | Current liabilities exceed current assetsCurrent ratio 0.0 |
| +5 | Multi-year filing history3 periods on record |
| +8 | EstablishedIncorporated 2016-12-17 (10 years) |
| 32 | Score, grade E |
A transparent, rules-based score from filed data only: every point lists its evidence. It is not a credit rating or advice. How the score is computed.
06
Ownership and control
- Mr Michael Francis Beaton
- owns 25–50% of shares
- holds 25–50% of voting rights
Persons with significant control hold 25% or more of shares or voting rights. Smaller shareholdings are only listed in confirmation-statement documents.
07
Timeline
- Next accounts duein 343 days
- Confirmation statement duein 70 days
- Accounts period endNet liabilities £1.49m · small accounts
- Accounts period endNet liabilities £1.13m · small accounts
- Accounts period endNet liabilities £808k · small accounts
- Incorporated
08
Similar companies in London
- ISLEDON SYSTEMS CICLondon · inc. Dec 2016
- RAIDNE LTDLondon · inc. Dec 2016
- OVERLOOP LTDLondon · inc. Dec 2016
- CONARX, LTDLondon · inc. Dec 2016
- OXFORD ANALYTICS AND DATABASE SOLUTIONS LIMITEDLondon · inc. Dec 2016
- IDOTS LTDLondon · inc. Dec 2016
All companies incorporated on 17 December 2016 · in Dec 2016.
09
Reminders for PARALLEL 51 LIMITED
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.