PARALLEL TECHNOLOGY LTD
Company number 13623362 · Active · London N1 7GU
PARALLEL TECHNOLOGY LTD is an active private limited company (company number 13623362) incorporated on 15 September 2021, registered in London. Its registered activity is information technology consultancy activities (SIC 62020). Latest micro accounts cover the period ending 30 September 2025, showing net assets of −£2,353, with 0 employees on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets fell 88% on the prior period (−£1,253).
By net assets it sits in the bottom quarter of 19,391 comparable companies in London (median £3,248, upper quartile £35k).
Key dates
- Incorporated
- 15 September 2021
- Next accounts due
- 30 June 2027 — in 257 days
- Confirmation statement due
- 29 September 2027 — in 348 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
Activity
- SIC 62020
- Information technology consultancy activities
- SIC 62090
- Other information technology service activities
- Accounts type
- Micro Entity
- Size band
- Micro (Companies Act thresholds)
Financials — 2 periods on record, latest ending 30 September 2025
| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 30 September 2025 | −£2,353 | — | — | £14k | — | — | 0 |
| 30 September 2024 | −£1,253 | — | — | £12k | — | — | 0 |
- Current ratio
- 0.04 — current liabilities exceed current assets
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: 27/100 (grade E)
- -15 Negative net assets — Net assets £-2,353 at 2025-09-30
- -8 Net assets falling — -87.8% vs prior period
- -8 Current liabilities exceed current assets — Current ratio 0.04
- +8 Established — Incorporated 2021-09-15 (5 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 Uthman Olasunkanmi Yusuf — owns 75–100% of shares · since 15 September 2021
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 (information technology consultancy activities), closest in incorporation date.
- HANVIKA TECH SOLUTIONS LTD — London, inc. Sept 2021
- 369DMS LTD — London, inc. Sept 2021
- MURIJAM CONSULTING LTD — London, inc. Sept 2021
- MITA GROUP MARKETING LTD — London, inc. Sept 2021
- GOLDENTREAT CONSULTING LIMITED — London, inc. Sept 2021
- RISKENT TECHNOLOGIES LIMITED — London, inc. Sept 2021
Reminders for PARALLEL TECHNOLOGY LTD
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.