# PARALLAIX LTD (12000716)

> PARALLAIX LTD is an active private limited company (company number 12000716) incorporated on 16 May 2019, registered in Reading. Its registered activity is other software publishing (SIC 58290). Latest small accounts cover the period ending 31 May 2025, showing net assets of £106k and cash of £1,668, with 2 employees on average. Net assets fell 3% on the prior period (£110k).

- Status: Active
- Incorporated: 2019-05-16
- Registered office: Reading, RG4 6TR
- SIC 58290: Other software publishing
- Next accounts due: 2027-02-28
- Confirmation statement due: 2027-05-30
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the top quarter of 142 comparable companies in Reading (median £359, upper quartile £51k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-05-31 | £106k | £1,668 | — | £108k | — | — | 2 |
| 2024-05-31 | £110k | £9,607 | £2,820 | £122k | — | — | 2 |

current ratio 0.02; size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets above zero: Net assets £106,105 at 31 May 2025
- Current assets below creditors within one year: Current ratio 0.02
- Incorporated five or more years ago: Incorporated 16 May 2019

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Mr Robert Merrifield — owns 50–75% of shares; holds 75–100% of voting rights; can appoint or remove directors, since 2019-05-16
- Dr Christopher James Johnson — owns 25–50% of shares, since 2020-08-11

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/12000716
HTML: https://firmoscan.com/company/12000716-parallaix-ltd