PARALLEL SOLUTIONS LTD
Company number 12173248 · Active · Runcorn WA7 3AL
PARALLEL SOLUTIONS LTD is an active private limited company (company number 12173248) incorporated on 26 August 2019, registered in Runcorn. Its registered activity is engineering design activities for industrial process and production (SIC 71121). Latest micro accounts cover the period ending 31 August 2025, showing net assets of £76k, 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 13% on the prior period (£87k).
By net assets it sits in the top quarter of 442 comparable companies in Manchester (median £9,643, upper quartile £47k).
Key dates
- Incorporated
- 26 August 2019
- Next accounts due
- 31 May 2027 — in 225 days
- Confirmation statement due
- 9 September 2027 — in 326 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
- SIC 71129
- Other engineering activities
- Accounts type
- Micro Entity
- Size band
- Micro (Companies Act thresholds)
Financials — 2 periods on record, latest ending 31 August 2025
| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 31 August 2025 | £76k | — | — | £49k | — | — | 2 |
| 31 August 2024 | £87k | — | — | £18k | — | — | — |
- Current ratio
- 2.5 — comfortable
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.
Firmoscan score: 76/100 (grade B)
- +10 Positive net assets — Net assets £75,892 at 2025-08-31
- +8 Comfortable liquidity — Current ratio 2.5
- +8 Established — Incorporated 2019-08-26 (7 years)
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 Olajide Peter Akeke — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors · since 26 August 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 Manchester
Same activity (engineering design activities for industrial process and production), closest in incorporation date.
- RLM ANALYSIS LTD — Manchester, inc. Aug 2019
- CARBOBASIC ENGINEERING LTD — Cheadle, inc. Aug 2019
- CANALIS TECHNOLOGY LIMITED — Stockport, inc. Aug 2019
- BP DESIGN CONSULTANTS LIMITED — Bolton, inc. Aug 2019
- BESPOKE CRYSTALS LTD — Salford, inc. Sept 2019
- PNW CONTROLS LTD — St. Helens, inc. Jul 2019
Reminders for PARALLEL SOLUTIONS LTD
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.