PARALLEL LIFESTYLE LIMITED Financials
- Company number
- 08355312Copy
Copy - Registered office
- Unit 8, Dock Offices, Surrey Quays Road, London SE16 2XU
- Incorporated
- 10/01/2013
Company snapshot
- Status
- Active
- Employees
- 12 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-7.81%vs 20232023: £-101.77K
Total Assets
4.54%vs 20232023: £1.87M
Cash in Bank
102.65%vs 20232023: £101.36K
Total Liabilities
5.19%vs 20232023: £1.93M
Employees
+2vs 20232023: 10
In 2024, PARALLEL LIFESTYLE LIMITED reported net assets of £-109.72K. The same filing shows total assets of £1.96M, cash in bank of £205.40K and total liabilities of £2.03M. Reported headcount was 12 in 2024. Cash in Bank rose from £101.36K in 2023 to £205.40K in 2024 (102.65%). Okredo holds filed figures for 2021–2024; 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
-7.81%from £-101.77K in 2023Year-on-year change
Net Assets as filed for 2021–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures PARALLEL LIFESTYLE LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
Decreasedvs 2022Cash in Bank
-3.6%vs 2022-1.8% a year compound (CAGR)
Total Assets
-5%vs 2022-2.5% a year compound (CAGR)
Total Liabilities
-0.2%vs 2022-<0.1% a year compound (CAGR)
Employees
+33.3%vs 2022+3Biggest increase
Employees+33.3%
9 in 2022 to 12 in 2024
Biggest decrease
Total Assets-5%
£2.06M in 2022 to £1.96M in 2024
PARALLEL LIFESTYLE LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in employee numbers, pointing to an expanding team, 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 LIFESTYLE 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
- -5.60%2024
- Liabilities to total assets
- 103.72%2024
- Cash to liabilities
- 10.11%2024
- Cash to total assets
- 10.49%2024
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 LIFESTYLE LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 100.00 | -7.38K | -101.77K | -109.72K |
| Total Assets£ | 100.00 | 2.06M | 1.87M | 1.96M |
| Cash in Bank£ | – | 213.13K | 101.36K | 205.40K |
| Total Liabilities£ | 0.00 | 2.03M | 1.93M | 2.03M |
| Employees | 2 | 9 | 10 | 12 |
PARALLEL LIFESTYLE LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has PARALLEL LIFESTYLE LIMITED filed financial statements?
Yes. Okredo holds filed figures for PARALLEL LIFESTYLE LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
What net assets did PARALLEL LIFESTYLE LIMITED report in 2024?
PARALLEL LIFESTYLE LIMITED reported net assets of £-109.72K for 2024. That compares with £-101.77K in 2023, a change of -7.81%.
What total assets did PARALLEL LIFESTYLE LIMITED report in 2024?
PARALLEL LIFESTYLE LIMITED reported total assets of £1.96M for 2024. That compares with £1.87M in 2023, a change of 4.54%.
What cash in bank did PARALLEL LIFESTYLE LIMITED report in 2024?
PARALLEL LIFESTYLE LIMITED reported cash in bank of £205.40K for 2024. That compares with £101.36K in 2023, a change of 102.65%.
How many people does PARALLEL LIFESTYLE LIMITED employ?
PARALLEL LIFESTYLE LIMITED reported 12 employees in 2024, compared with 10 in 2023.
How have PARALLEL LIFESTYLE LIMITED financials changed over the last 3 years?
Between 2022 and 2024, PARALLEL LIFESTYLE LIMITED's cash in bank fell by 3.6%, total assets fell by 5%, total liabilities fell by 0.2% and employee numbers rose by 33.3%. Cash in bank contracted at 1.8% a year across the two years to 2024, from £213.13K to £205.40K. Reported headcount went from 9 in 2022 to 12 in 2024 (+3).
Which years of PARALLEL LIFESTYLE LIMITED financial data are available?
Okredo holds reported figures for the years 2021, 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.