PARALLEL DESIGN SOLUTION LTD

Company number 11816907 · Active - Proposal to Strike off · London W12 8LE

D
Firmoscan score 35/100

PARALLEL DESIGN SOLUTION LTD is an active (proposal to strike off) private limited company (company number 11816907) incorporated on 11 February 2019, registered in London. Its registered activity is engineering design activities for industrial process and production (SIC 71121). Latest abridged accounts cover the period ending 28 February 2025, showing net assets of £31k and cash of £18k, with 3 employees on average. As abridged accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets fell 32% on the prior period (£46k).

By net assets it sits in the top quarter of 660 comparable companies in London (median £1,656, upper quartile £24k).

Key dates

Incorporated
11 February 2019
Next accounts due
28 November 2026 — in 43 days
Confirmation statement due
25 February 2027 — in 132 days

Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.

Activity

SIC 71121
Engineering design activities for industrial process and production
Accounts type
Unaudited Abridged
Size band
Micro (Companies Act thresholds)

Financials — 2 periods on record, latest ending 28 February 2025

Net assets
Net assetsFeb 2024: £46k; Feb 2025: £31k£46k£31kFeb 2024Feb 2025
Cash at bank
Cash at bankFeb 2024: £506; Feb 2025: £18k£506£18kFeb 2024Feb 2025
Average employees
Average employeesFeb 2024: 3; Feb 2025: 333Feb 2024Feb 2025
Period endNet assetsCashDebtorsCreditors <1yTurnoverProfitEmployees
28 February 2025£31k£18k£175———3
29 February 2024£46k£506£24k———3
Cash per employee
£5,893

Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing.

Firmoscan score: 35/100 (grade D)

A transparent, rules-based score from filed data only: every point lists its evidence. It is not a credit rating or advice.

Ownership and control

  • Mr Saman Abbas — owns 25–50% of shares · since 11 February 2019
  • Mr Joseph Barnett — owns 25–50% of shares · since 11 February 2019
  • Mr Mohammad Abbas — owns 25–50% of shares · since 11 February 2019

Persons with significant control hold 25% or more of shares or voting rights. Smaller shareholdings are only listed in confirmation-statement documents.

Similar companies in London

Same activity (engineering design activities for industrial process and production), closest in incorporation date.

Reminders for PARALLEL DESIGN SOLUTION LTD

Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.