PARALLEL UK LIMITED

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  +19.2%

  £62,614,159 → £74,644,557

• Cash

  +13.8%

  £2,740,912 → £3,120,371

• Net assets

  +2.2%

  £3,697,824 → £3,777,374

• Employees

  —

  Not reported

• Operating profit

  -43.5%

  £189,526 → £107,088

• Profit before tax

  -43.3%

  £189,526 → £107,385

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Duncan & Toplis Audit Limited, Statutory Auditor

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements have been prepared on a going concern basis. The Directors have considered relevant information, including the annual budget, forecast future cash flows and the impact of subsequent events in making their assessment. During the year, the Company has steady revenues and profits. These results have been maintained post year end. The Company has strong net assets including healthy cash reserves. Based on these assessments and having regard to the resources available to the entity, the Directors have concluded that there is no material uncertainty and that they can continue to adopt the going concern basis in preparing the annual report and accounts.”

Significant events

• “The Board and shareholders have set a strategic objective to achieve annual growth of 10-15% over the next five years. This growth will be driven by: Expansion of own production capabilities. Diversification of product portfolio. Organic growth within the Groups existing customer base. Expanding our footprint in Europe, grower shareholders evaluating opportunities to establish a stronger operational presence in key European markets to enhance access to key EU customers. Targeted acquisitions to strengthen market presence.”
• “Innovation remains a key driver of the Group's expansion. Recent initiatives include: Expansion of the Explore brand portfolio, reinforcing premium fresh produce positioning. Leveraging data and market insights to drive decision making across the business and provide customers with actionable insight.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

2

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.