# PARAVELA LIMITED (SC783698)

> PARAVELA LIMITED is an active private limited company (company number SC783698) incorporated on 25 September 2023, registered in Edinburgh. Its registered activity is business and domestic software development (SIC 62012). Latest micro accounts cover the period ending 31 December 2025, showing net assets of £39k, with 1 employee on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets rose 31% on the prior period (£30k).

- Status: Active
- Incorporated: 2023-09-25
- Registered office: Edinburgh, EH4 2HS
- SIC 62012: Business and domestic software development
- SIC 62020: Information technology consultancy activities
- SIC 62030: Computer facilities management activities
- SIC 62090: Other information technology service activities
- Next accounts due: 2027-09-30
- Confirmation statement due: 2027-10-09
- Accounts type: MICRO ENTITY

By net assets it sits in the top quarter of 630 comparable companies in Edinburgh (median £1,335, upper quartile £30k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-12-31 | £39k | — | — | £41k | — | — | 1 |
| 2024-12-31 | £30k | — | — | £32k | — | — | 1 |

current ratio 0; size band micro.

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

- Net assets above zero: Net assets £39,185 at 31 December 2025
- Net assets up 10% or more on the prior period: +30.7% vs prior period
- Current assets below creditors within one year: Current ratio 0.0
- Incorporated two to five years ago: Incorporated 25 September 2023

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

## Persons with significant control

- Duncan Johnston-Watt — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors, since 2023-09-25

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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/SC783698
HTML: https://firmoscan.com/company/SC783698-paravela-limited