PARALLEL INNOVATIONS LTD
Company number 14424937 · Active · Colchester CO4 3ZQ
PARALLEL INNOVATIONS LTD is an active private limited company (company number 14424937) incorporated on 17 October 2022, registered in Colchester. Its registered activity is information technology consultancy activities (SIC 62020). Latest micro accounts cover the period ending 31 March 2025, showing net assets of £43k, 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 rose 483% on the prior period (£7,410).
By net assets it sits in the top quarter of 2,127 comparable companies in Essex (median £5,669, upper quartile £37k).
Key dates
- Incorporated
- 17 October 2022
- Next accounts due
- 31 December 2026 — in 74 days
- Confirmation statement due
- 31 October 2026 — in 13 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
- Accounts type
- Micro Entity
- Size band
- Micro (Companies Act thresholds)
Financials — 2 periods on record, latest ending 31 March 2025
| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 31 March 2025 | £43k | — | — | £134k | — | — | 2 |
| 31 October 2023 | £7,410 | — | — | £5,937 | — | — | 2 |
- Current ratio
- 1.27
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: 72/100 (grade B)
- +10 Positive net assets — Net assets £43,197 at 2025-03-31
- +8 Net assets growing — +483.0% vs prior period
- +4 Past first filings — Incorporated 2022-10-17
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
- Mrs Felicity Ann Klarner — owns 25–50% of shares; holds 25–50% of voting rights · since 17 October 2022
- Mr Robert Terence Klarner — owns 25–50% of shares; holds 25–50% of voting rights · since 17 October 2022
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 Essex
Same activity (information technology consultancy activities), closest in incorporation date.
- VERSATILE7 LIMITED — Chelmsford, inc. Oct 2022
- DRILLMORR LIMITED — Basildon, inc. Oct 2022
- ENEFER BUSINESS CONSULTANTS LIMITED — Colchester, inc. Oct 2022
- FINTELLIGENCEIT CONSULTING LIMITED — Burnham-On-Crouch, inc. Oct 2022
- ORANGE FOX CONSULTING LTD — Hadleigh, inc. Oct 2022
- TITAN TEST LTD — Brentwood, inc. Oct 2022
Reminders for PARALLEL INNOVATIONS LTD
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.