PARALLEL FINANCIAL LIMITED Financials
- Company number
- 04036870Copy
Copy - Registered office
- Unit 5 Plaza Gardens, Upper Richmond Road, Putney, London SW15 2DT
- Incorporated
- 19/07/2000
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
-3.08%vs 20242024: £532.75K
Total Assets
-15.48%vs 20242024: £1.00M
Cash in Bank
-23.68%vs 20242024: £645.22K
Total Liabilities
-29.61%vs 20242024: £467.52K
Employees
+1vs 20242024: 8
In 2025, PARALLEL FINANCIAL LIMITED reported net assets of £516.32K. The same filing shows total assets of £845.39K, cash in bank of £492.47K and total liabilities of £329.07K. Reported headcount was 9 in 2025. Total Assets fell from £1.00M in 2024 to £845.39K in 2025 (-15.48%). 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
-3.08%from £532.75K in 2024Year-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 FINANCIAL LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
+8.4%vs 2023+4.1% a year compound (CAGR)
Cash in Bank
-2.7%vs 2023-1.4% a year compound (CAGR)
Total Assets
-2.5%vs 2023-1.2% a year compound (CAGR)
Total Liabilities
-15.7%vs 2023-8.2% a year compound (CAGR)
Employees
+12.5%vs 2023+1Biggest increase
Employees+12.5%
8 in 2023 to 9 in 2025
Biggest decrease
Total Liabilities-15.7%
£390.37K in 2023 to £329.07K in 2025
PARALLEL FINANCIAL LIMITED's filings pull in both directions between 2023 and 2025. The steepest rise came in employee numbers, pointing to an expanding team, set against a fall in total liabilities, pointing to lighter outstanding obligations. See the full year-by-year figures.
Ratios from the filed figures
Calculated from PARALLEL FINANCIAL 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
- 61.07%2025
- Liabilities to total assets
- 38.93%2025
- Cash to liabilities
- 149.65%2025
- Cash to total assets
- 58.25%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.
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.
Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
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 FINANCIAL LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net Assets£ | 959.88K | 708.69K | 476.33K | 532.75K | 516.32K |
| Total Assets£ | 1.73M | 995.48K | 866.70K | 1.00M | 845.39K |
| Cash in Bank£ | 939.28K | 577.11K | 506.29K | 645.22K | 492.47K |
| Total Liabilities£ | 674.27K | 286.80K | 390.37K | 467.52K | 329.07K |
| Employees | 16 | 13 | 8 | 8 | 9 |
PARALLEL FINANCIAL LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has PARALLEL FINANCIAL LIMITED filed financial statements?
Yes. Okredo holds filed figures for PARALLEL FINANCIAL LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
What net assets did PARALLEL FINANCIAL LIMITED report in 2025?
PARALLEL FINANCIAL LIMITED reported net assets of £516.32K for 2025. That compares with £532.75K in 2024, a change of -3.08%.
What total assets did PARALLEL FINANCIAL LIMITED report in 2025?
PARALLEL FINANCIAL LIMITED reported total assets of £845.39K for 2025. That compares with £1.00M in 2024, a change of -15.48%.
What cash in bank did PARALLEL FINANCIAL LIMITED report in 2025?
PARALLEL FINANCIAL LIMITED reported cash in bank of £492.47K for 2025. That compares with £645.22K in 2024, a change of -23.68%.
How many people does PARALLEL FINANCIAL LIMITED employ?
PARALLEL FINANCIAL LIMITED reported 9 employees in 2025, compared with 8 in 2024.
How have PARALLEL FINANCIAL LIMITED financials changed over the last 3 years?
Between 2023 and 2025, PARALLEL FINANCIAL LIMITED's net assets rose by 8.4%, cash in bank fell by 2.7%, total assets fell by 2.5% and total liabilities fell by 15.7%. Net assets compounded at 4.1% a year across the two years to 2025, from £476.33K to £516.32K. Reported headcount went from 8 in 2023 to 9 in 2025 (+1).
Which years of PARALLEL FINANCIAL LIMITED financial data are available?
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.