CompanyTrack
P

PARALLEL VENTURES GENERAL PARTNER

Dissolved Edinburgh

Activities of venture and development capital companies

0 employees
Activities of venture and development capital companies
P

PARALLEL VENTURES GENERAL PARTNER

Activities of venture and development capital companies

Founded 15 Aug 1997 Dissolved Edinburgh, United Kingdom 0 employees
Activities of venture and development capital companies
Accounts Submitted 18 Jan 2023
Confirmation Statement Submitted 22 Feb 2022
Net assets £1.51M £70.60K 2021 year on year
Total assets £1.51M £106.07K 2021 year on year
Total Liabilities £81.00 £35.47K 2021 year on year
Charges None No charges registered

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Contact & Details

Registered Address

50 Lothian Road Festival Square Edinburgh EH3 9WJ

Credit Report

Discover PARALLEL VENTURES GENERAL PARTNER's Credit Score, limit, and payment likelihood.

Mutual Companies

Financials

Financials

Period 1 Jan → 31 Dec 2021
Type Total Exemption Full
Next accounts 31 December 2022
Due by 30 September 2023 9 months

Net Assets, Total Assets & Total Liabilities (2013–2021)

Cash in Bank

N/A

Net Assets

£1.51M

Decreased by £70.60k (-4%)

Total Liabilities

£81.00

Decreased by £35.47k (-100%)

Turnover

N/A

Employees

N/A

Debt Ratio

N/A

Decreased by 2 (-100%)

Financial History

Revenue, profit, EBITDA and key financial figures

2021
Dec Year End
2020
Dec Year End
P&L
Revenue
£142.3M
£128.7M
Gross Profit
£48.2M
£43.1M
Operating Profit
£22.4M
£19.8M
Net Profit
£18.1M
£15.9M
EBITDA
£31.5M
£28.2M
Assets
Cash
£24.7M
£21.3M
Total Assets
£89.4M
£82.1M
Liabilities
Total Liabilities
£45.2M
£41.8M
Key Metrics
Employees
1,247
1,156
Latest Revenue
£142.3M
Latest EBITDA
£31.5M
Cash Position
£24.7M

Funding

Fundraising & Grants

No fundraising or grants recorded

Investors (0)

No investor information available

Officers

Officers

2 active 8 resigned
Status
Neil Simon PetersDirectorBritishEngland594 Feb 2005Active
Paul Michael WhitneyDirectorBritishUnited Kingdom7723 Oct 1997Active

Shareholders

Shareholders (1)

Parallel Private Equity Ii
100.0%
10016 Feb 2016

Persons with Significant Control

Persons with Significant Control (2)

2 Active

Paul Michael Whitney

British

Active
Notified 6 Apr 2016
Residence United Kingdom
DOB May 1948
Nature of Control
  • Significant Influence Or Control

Parallelequity Ii

United Kingdom

Active
Notified 6 Apr 2016
Nature of Control
  • Ownership Of Shares 75 To 100 Percent

Group Structure

Group Structure

PARALLEL PRIVATE EQUITY II united kingdom shares 75 to 100 percent
PARALLEL PRIVATE EQUITY I LIMITED united kingdom shares 75 to 100 percent
PARALLEL VENTURES GENERAL PARTNER Current Company
PARALLEL PRIVATE EQUITY L.P. united kingdom appoint/remove person
PARALLEL VENTURES L.P. united kingdom appoint/remove person
PARALLEL VENTURES PRIOR SITUATION II L.P. united kingdom appoint/remove person

Charges

Charges

No charges registered

Documents

Company Filings

DateCategoryDescriptionDocument
21 Mar 2023GazetteGazette Dissolved VoluntaryView(1 page)
18 Jan 2023AccountsAnnual accounts made up to 2021-12-31View(3 pages)
3 Jan 2023GazetteGazette Notice VoluntaryView(1 page)
23 Dec 2022DissolutionDissolution Application Strike Off CompanyView(1 page)
22 Feb 2022Confirmation StatementConfirmation statement made on 2022-02-15 with no updatesView(3 pages)
21 Mar 2023 Gazette

Gazette Dissolved Voluntary

18 Jan 2023 Accounts

Annual accounts made up to 2021-12-31

3 Jan 2023 Gazette

Gazette Notice Voluntary

23 Dec 2022 Dissolution

Dissolution Application Strike Off Company

22 Feb 2022 Confirmation Statement

Confirmation statement made on 2022-02-15 with no updates

Recent Activity

Latest Activity

Gazette Dissolved Voluntary

2 years ago on 21 Mar 2023

Annual accounts made up to 2021-12-31

3 years ago on 18 Jan 2023

Gazette Notice Voluntary

3 years ago on 3 Jan 2023

Dissolution Application Strike Off Company

3 years ago on 23 Dec 2022

Confirmation statement made on 2022-02-15 with no updates

3 years ago on 22 Feb 2022