PARALLEL PROPERTY MANAGEMENT LIMITED

Active
Company number 11259813Private limited companyIncorporated 2018

Key figures

£90,053+10.5%
Net assets 2024/25
-25 k025 k50 k75 k100 k2020/212021/222022/232023/242024/25

Like most small UK companies, PARALLEL PROPERTY MANAGEMENT LIMITED does not publish a profit and loss account in its latest accounts. The figures below come from the balance sheet.

Ratios

2024/25

Sector comparison

SIC 68320

Where the company stands among the 50,131 active companies whose first SIC code is 68320 (Management of real estate on a fee or contract basis).

Net assets£90,053
Higher than 81% · median £4,883
Total assets£184,780
Higher than 73% · median £32,585
Cash£9,748
Lower than 57% · median £13,812
Employees0
Around the median · median 0
Company age8.7 years
Younger than 57% · median 10.7 years
Largest in this sector by net assets
  1. NHS PROPERTY SERVICES LIMITED£3bn
  2. EELVF V UK B10 LIMITED£1.7bn
  3. CBRE TITAN ACQUISITION CO. LIMITED£1.5bn
  4. CBRE TITAN HOLDINGS LIMITED£874.4m
  5. URBAN&CIVIC PLC£858.2m
  6. AKELIUS RESIDENTIAL LIMITED£761.1m
  7. LAND SECURITIES MANAGEMENT LIMITED£466.2m
  8. LONDON AND REGIONAL PROPERTIES LIMITED£290.9m
  9. WEST QUAY SHOPPING CENTRE LIMITED£279.8m
  10. DIXONDALE LIMITED£260.2m

Positions are approximate. Figures come from each company's latest accounts; money and employee figures are compared only with companies that filed accounts in pounds for a period ending in the last two and a half years and are not dormant, so those groups are smaller than 50,131. The line on each bar marks the median.

Summary: PARALLEL PROPERTY MANAGEMENT LIMITED

What kind of company is it?

PARALLEL PROPERTY MANAGEMENT LIMITED is a private limited company registered with Companies House under company number 11259813. It was incorporated on 16 Mar 2018. Its status is active. The registered office is in London (W11). Its nature of business (SIC 2007) is management of real estate on a fee or contract basis (68320).

How is the company doing financially?

The latest accounts in the database are for 2024/25 (period ending 31 Mar 2025); the company files small company accounts (filleted). Net assets were £90,053, up 10.5% on the previous year. Cash at bank and in hand was £9,748. Total assets were £184,780 and total liabilities £94,727. The company had an average of 0 employees. Figures are available for 5 financial years (2020/21–2024/25).

How does it compare with similar companies?

Compared with 50,131 active companies whose first SIC code is 68320: By net assets it ranks higher than 81% of them (median £4,883). By total assets it ranks higher than 73% of them (median £32,585). By cash it ranks lower than 57% of them (median £13,812). By number of employees it is around the median of them (0). It is younger than 57% of them (median age 10.7 years).

Has it received government grants?

It is recorded as the recipient of 2 central government grants worth £47.2k, from Department for Levelling Up, Housing and Communities.

Who runs and controls the company?

The company has 3 current directors. One person with significant control is registered.

When are its next filings due?

The next accounts are due by 31 Dec 2026. The next confirmation statement is due by 9 May 2027.

Filed accounts2020/21–2024/25
2020/212021/222022/232023/242024/25
Cash at bank and in hand7,82019,07125,31014,6709,748
Total assets315,418376,461420,985384,841184,780
Total liabilities315,810361,300361,183303,37894,727
Net assets / total equity-39215,16159,80281,46390,053
Average number of employees445-40

A dash (—) means no accounts were filed for that year or the item is not in the accounts; 0 is a zero stated in the accounts. Small companies usually file only a balance sheet, so the profit and loss account is often missing.

Government grants

2 grants

PARALLEL PROPERTY MANAGEMENT LIMITED is recorded as the recipient of 2 central government grants since 2023, together worth £47.2k.

Grants
  1. Expansion of Waking Watch Relief FundDepartment for Levelling Up, Housing and Communities · £23,615
  2. Expansion of Waking Watch Relief FundDepartment for Levelling Up, Housing and Communities · £23,616

From the Government Grants Register published by the Cabinet Office (financial years 2016/17 onwards, Open Government Licence v3.0). It covers grants from central government departments and their agencies where the register states the recipient's company number and the recipient name matches this company; grants from local authorities, lottery distributors and devolved governments are not included.

History

16 events
  1. Financial year 2024/25 endedAccounts: net assets £90.1k, 0 employees
  2. Financial year 2023/24 endedAccounts: net assets £81.5k, -4 employees
  3. Financial year 2022/23 endedAccounts: net assets £59.8k, 5 employees
  4. Financial year 2021/22 endedAccounts: net assets £15.2k, 4 employees
  5. Dare To Dream London Limited registered as a person with significant control
  6. Mrs Parul Vinod Scampion ceased to be a person with significant control
  7. Mr Manish Vinod Khiroya ceased to be a person with significant control
  8. Financial year 2020/21 endedAccounts: net assets −£392, 4 employees
Earlier events (8)
  1. Andy SHAMASH resignedSecretary
  2. Christo DU PLESSIS appointedDirector
  3. Manish Vinod KHIROYA appointedDirector
  4. Parul Vinod SCAMPION appointedDirector
  5. Andy SHAMASH appointedSecretary
  6. Mrs Parul Vinod Scampion registered as a person with significant control
  7. Mr Manish Vinod Khiroya registered as a person with significant control
  8. Company incorporatedPrivate limited company

Dates as recorded at Companies House: incorporation, name changes, officer appointments and resignations, current and former persons with significant control, and the end of each financial year with figures in the database.