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PARALLEL BUSINESS CENTRES LIMITED Financials

Company number
06307553Copy
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Registered office
Parallel House, 32 London Road, Guildford, Surrey GU1 2AB
Incorporated
10/07/2007

Company snapshot

Status
Active
Employees
9 (2025)
Latest financial data
2025
Accounts type
Total Exemption Full

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2025.

Net Assets

£-367.92K2025
6.94%vs 2024

2024: £-395.35K

Total Assets

£129.17K2025
13.38%vs 2024

2024: £113.92K

Cash in Bank

£50.002025
No changevs 2024

2024: £50.00

Total Liabilities

£487.37K2025
-1.56%vs 2024

2024: £495.10K

Employees

92025
0vs 2024

2024: 9

In 2025, PARALLEL BUSINESS CENTRES LIMITED reported net assets of £-367.92K. The same filing shows total assets of £129.17K, cash in bank of £50.00 and total liabilities of £487.37K. Reported headcount was 9 in 2025. Net Assets rose from £-395.35K in 2024 to £-367.92K in 2025 (6.94%). Okredo holds filed figures for 2021–2025; the table below lists every reported indicator by year. See every reported indicator by year.

Financial performance

Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.

Net Assets

£-367.92K2025
6.94%from £-395.35K in 2024

Year-on-year change

Net Assets as filed for 2021–2025. Every figure in this chart is also in the financial history table.

3-year financial trend (2023–2025)

How the figures PARALLEL BUSINESS CENTRES LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.

Net Assets

£-300.41K2023£-367.92K2025
Decreasedvs 2023

Cash in Bank

£50.002023£50.002025
0%vs 2023

0% a year compound (CAGR)

Total Assets

£168.91K2023£129.17K2025
-23.5%vs 2023

-12.6% a year compound (CAGR)

Total Liabilities

£451.58K2023£487.37K2025
+7.9%vs 2023

+3.9% a year compound (CAGR)

Employees

9202392025
0%vs 2023

Biggest increase

Total Liabilities+7.9%

£451.58K in 2023 to £487.37K in 2025

Biggest decrease

Total Assets-23.5%

£168.91K in 2023 to £129.17K in 2025

PARALLEL BUSINESS CENTRES LIMITED's filings pull in both directions between 2023 and 2025. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, set against a fall in total assets, pointing to a narrowing asset base. See the full year-by-year figures.

Ratios from the filed figures

Calculated from PARALLEL BUSINESS CENTRES LIMITED's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.

Net assets to total assets
-284.83%2025

Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.

Liabilities to total assets
377.31%2025

Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.

Cash to liabilities
0.01%2025

Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.

Cash to total assets
0.04%2025

Reported cash in bank divided by reported total assets, for the latest year both were filed.

Financial history

Every indicator Okredo tracks, year by year.

Reported financial indicators for PARALLEL BUSINESS CENTRES LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator20212022202320242025
Net Assets£-288.79K-272.19K-300.41K-395.35K-367.92K
Total Assets£113.67K135.35K168.91K113.92K129.17K
Cash in Bank£50.0050.0050.0050.0050.00
Total Liabilities£390.63K383.62K451.58K495.10K487.37K
Employees89999

PARALLEL BUSINESS CENTRES LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Has PARALLEL BUSINESS CENTRES LIMITED filed financial statements?

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Yes. Okredo holds filed figures for PARALLEL BUSINESS CENTRES LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.

What net assets did PARALLEL BUSINESS CENTRES LIMITED report in 2025?

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PARALLEL BUSINESS CENTRES LIMITED reported net assets of £-367.92K for 2025. That compares with £-395.35K in 2024, a change of 6.94%.

What total assets did PARALLEL BUSINESS CENTRES LIMITED report in 2025?

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PARALLEL BUSINESS CENTRES LIMITED reported total assets of £129.17K for 2025. That compares with £113.92K in 2024, a change of 13.38%.

What cash in bank did PARALLEL BUSINESS CENTRES LIMITED report in 2025?

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PARALLEL BUSINESS CENTRES LIMITED reported cash in bank of £50.00 for 2025. That compares with £50.00 in 2024.

How many people does PARALLEL BUSINESS CENTRES LIMITED employ?

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PARALLEL BUSINESS CENTRES LIMITED reported 9 employees in 2025, compared with 9 in 2024.

How have PARALLEL BUSINESS CENTRES LIMITED financials changed over the last 3 years?

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Between 2023 and 2025, PARALLEL BUSINESS CENTRES LIMITED's cash in bank was unchanged, total assets fell by 23.5%, total liabilities rose by 7.9% and employee numbers was unchanged. Reported headcount went from 9 in 2023 to 9 in 2025. The largest gain over the period was total liabilities, up 7.9% from £451.58K to £487.37K.

Which years of PARALLEL BUSINESS CENTRES LIMITED financial data are available?

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Okredo holds reported figures for the years 2021, 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.