PARALLEL PRIVATE EQUITY MANAGERS LIMITED

C/O FRP ADVISORY TRADING LTD, KINGS ORCHARD, BRISTOL, BS2 0HQ

Previous name: PARALLEL PRIVATE EQUITY LIMITED (changed on 02-Jan-2009)
Previous name: PARALLEL VENTURES MANAGERS LIMITED (changed on 17-Nov-2005)

Company Number: 03453171
Incorporation date: 15-Oct-1997
Status: Liquidation
Entity type: Private Limited Company

SIC codes:
64303 Activities of venture and development capital companies





SUMMARY

This company is 26.5 years old and is currently liquidation. It is controlled by multiple entities. No P&L financials are available but there is Balance Sheet data. The company has negative equity (net assets) of GBP -3.1 million which has worsened since the previous year's figure of GBP -3.1 million. The company has 2 active officers (directors or partners) who are or were officers of 13 other companies, 8 (61.5%) of which have since been dissolved or are proposed for strike off. The company has no public disputes filed on the Business Disputes Register. There are no court cases involving the company that we are aware of.


FINANCIALS (BETA)

Next accounts due: 30-Sep-2023
Accounts Filed: MICRO ENTITY (31-Dec-2021)


P&L Financials:
Year end Currency Revenue Operating profit Interest Received Interest Paid Tax Net Profit GBP
31-Dec-2019 GBP -30 -241,996
31-Dec-2018 GBP -6,221 -1,201,346
31-Dec-2017 GBP 64 30 485 -49,558


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
31-Dec-2021 GBP 94 3,135,000 -3,114,430
31-Dec-2020 GBP 94 3,065,000 -3,057,242
31-Dec-2019 GBP 94 94 3,015,000 40,000 -2,976,265 -2,936,265
31-Dec-2018 GBP 124 124 2,865,000 40,000 -2,734,269 -2,694,269
31-Dec-2017 GBP 112 12,915 1,631,570 40,000 -1,532,923 -1,492,923

DISPUTES

No disputes filed on www.disputesregister.org

COMPANY SECRETARY


Status Name Appointed on Resigned on Occupation Nationality All apointments
(active/resigned)
Resigned Ian David Lea RICHARDSON 23 Oct 1997 13 Oct 2014 0 - 212

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Active Neil Simon PETERS 01 Oct 2015 Company Director British 4 - 1211 (68.8%)
Resigned Graham Stewart COX 01 Oct 2015 13 May 2016 Company Director British 2 - 1411 (68.8%)
Resigned Neil Simon PETERS 04 Feb 2005 01 Jan 2009 Company Director British 4 - 1211 (68.8%)
Resigned Nicolas Peter MUELLER 08 May 2003 18 May 2004 Solicitor Swiss 0 - 33 (100.0%)
Resigned Marc Francois Claude DENTAND 13 Feb 2003 18 May 2004 Non Executive Director French And Swiss 0 - 42 (50.0%)
Resigned John David MACKIE 13 Feb 2003 01 Jan 2009 Company Director British 0 - 2013 (65.0%)
Resigned Marc Jean Daniel LASSERRE 11 Jul 2002 30 Sep 2002 Senior Investment Manager French 0 - 11 (100.0%)
Resigned Graham Stewart COX 05 Sep 2001 01 Jan 2009 Company Director British 2 - 1411 (68.8%)
Resigned John MCCRORY 18 Oct 1999 30 Jun 2005 Director British 0 - 104 (40.0%)
Resigned Paul BROOKS 22 Jun 1998 03 Apr 2002 Company Director British 1 - 166 (35.3%)
Resigned Grant Charles HAGGITH 17 Apr 1998 01 Jan 2009 Company Director British 0 - 169 (56.3%)
Resigned Janet Mary DUNLOP 17 Apr 1998 31 Oct 2000 Chartered Accountant British 0 - 1512 (80.0%)
Resigned Donald Hood BRYDON 23 Oct 1997 22 Nov 2002 Investment Managamenet British 0 - 399 (23.1%)
Active Paul Michael WHITNEY 23 Oct 1997 Chief Executive British 3 - 1010 (76.9%)
Resigned SWIFT INCORPORATIONS LIMITED 15 Oct 1997 23 Oct 1997 3 - 8027234118 (42.5%)
Resigned INSTANT COMPANIES LIMITED 15 Oct 1997 23 Oct 1997 3 - 2792312632 (45.2%)
Number of active directors: 2
Average tenure of active directors: 17.5 years
Average tenure of resigned directors: 3.4 years
Average active director Dissolution Rate: 72.8%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
 
BERRYLANDS NOMINEES LIMITED (03052032) - Active
PARALLEL PRIVATE EQUITY MANAGERS LIMITED (03453171) - Liquidation
PARALLEL VENTURES NOMINEES NO. 2 LIMITED (03678495) - Active
PARALLEL VENTURES NOMINEES LIMITED (03687011) - Active
QUAY HOUSE MANAGEMENT COMPANY LIMITED (04387881) - Active
PARALLEL PRIVATE EQUITY HOLDINGS LIMITED (04559738) - Liquidation
PARALLEL PRIVATE EQUITY NOMINEES NO.4 LIMITED (06248381) - Dissolved
ST JAMES III LIMITED (07287991) - Dissolved
PARALLEL PRIVATE EQUITY II (08803682) - Active - Proposal to Strike off
PARALLEL PRIVATE EQUITY I LIMITED (08803725) - Active - Proposal to Strike off
FAIRFIELDS STUDLAND MANAGEMENT CO LIMITED (10839425) - Active
PARALLEL VENTURES GENERAL PARTNER (SC177988) - Active - Proposal to Strike off
PARALLEL VENTURES NOMINEES NO.3 LIMITED (SC192986) - Dissolved
PARALLEL VENTURES GENERAL PARTNER II (SC211186) - Active - Proposal to Strike off

SHAREHOLDERS (BETA)

Shareholder name Share class Shares at confirmation date
2016-02-152015-02-152014-02-152013-02-152012-02-15
PARALLEL PRIVATE EQUITY HOLDINGS LTDORDINARY40,000
100%
40,000
100%
40,000
100%
40,000
100%
40,000
100%

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES



Controlling entities above

PARALLEL PRIVATE EQUITY MANAGERS LIMITED

Controlled companies below

LATE PAYMENTS REPORT


This company has not filed any late payment reports possibly because it is not considered \'Large\'.

COURT CASES


No Court Cases found

PATENTS


No Patents found

COMPETITORS

(Based on Sic code: 64303 Activities of venture and development capital companies)

Company Registered Address Company Number YE Date Revenue GBP Net Profit GBP Other SIC codes
IK INVESTMENT PARTNERS LIMITED 80 STRAND, LONDON, ENGLAND, WC2R 0DT 02763049 2017-12-31 63,830,449 16,095,258
COMMITTED CAPITAL FINANCIAL SERVICES LIMITED 148-150 BUCKINGHAM PALACE ROAD, LONDON, ENGLAND, SW1W 9TR 03810820 2017-06-30 669,165 0 66300-Fund management activities
CONDUIT VENTURES GENERAL PARTNER II LIMITED 3RD FLOOR, 12 GOUGH SQUARE, LONDON, ENGLAND, EC4A 3DW 06028941 2017-12-31 440,931 0
CONDUIT VENTURES LIMITED 3RD FLOOR, 12 GOUGH SQUARE, LONDON, ENGLAND, EC4A 3DW 04293385 2017-12-31 440,931 0
CONDUIT VENTURES (GENERAL PARTNER) LIMITED 3RD FLOOR, 12 GOUGH SQUARE, LONDON, ENGLAND, EC4A 3DW 04577544 2017-12-31 424,954 0
EEP ADVISERS LIMITED CITY POINT, 1 ROPEMAKER STREET, LONDON, EC2Y 9HT 03628367 2017-12-31 295,000 0
ADT CAPITAL LTD 33 ST. JAMES'S STREET, C/O ARLINGTON CAPITAL, 4TH FLOOR, LONDON, ENGLAND, SW1A 1HD 08632356 2018-07-31 204,945 0
SPRINGHILL MANAGEMENT LIMITED 12 CHANTRY QUARRY, GUILDFORD, ENGLAND, GU1 3AF 04344472 2018-12-31 72,179 0
ZENRON CAPITAL LTD 7 WHITECHAPEL ROAD, OFFICE 410, LONDON, ENGLAND, E1 1DU 08440118 2018-03-31 66,135 0 70221-Financial management
70229-Management consultancy activities other than financial management
3DI GROUP LTD 17 SHALLOCH PARK, AYR, SCOTLAND, KA7 4HL SC400945 2018-06-30 32,020 0
BIG BEN VENTURE PARTNERS LTD. 58 GUIBAL ROAD, LONDON, ENGLAND, SE12 9LZ 10397249 2018-09-30 26,229 0 64999-Financial intermediation not elsewhere classified
ANGELS NOMINEES LIMITED IVY COTTAGE FARM, LYNDHURST ROAD MINSTEAD, LYNDHURST, HAMPSHIRE, SO43 7FY 04198772 2018-04-30 17,068 0
CHORLTON CAPITAL LIMITED THE GEORGIAN HOUSE, NIZELS LANE, HILDENBOROUGH, KENT, TN11 8NU 04486244 2018-06-30 14,800 0
NEWFLEX INVESTMENTS LIMITED 7 BELL YARD, LONDON, ENGLAND, UNITED KINGDOM, WC2A 2JR 08791193 2016-11-30 14,215 0
ELIXIUM SOCIAL MARKETING LTD 15 EDWARDS WAY, MARPLE, STOCKPORT, UNITED KINGDOM, SK6 7PX 09529313 2019-04-30 11,470 0
MARTTILA LIMITED 69 GREAT HAMPTON STREET, BIRMINGHAM, B18 6EW 05945153 2018-12-31 10,720 0 70229-Management consultancy activities other than financial management
74909-Other professional, scientific and technical activities not elsewhere classified
DECACORN CAPITAL LIMITED 18 PANORAMIC, 152 GROSVENOR ROAD, LONDON, SW1V 3JL 09737195 2018-08-31 3,600 0
WOODBURY CAPITAL LIMITED 20 GREAT SOUTHSEA STREET, GREAT SOUTHSEA STREET, SOUTHSEA, HAMPSHIRE, ENGLAND, PO5 3BY 08818767 2017-12-31 2,843 0
FOUNDATION CAPITAL LIMITED 114 BANKSIDE LOFTS, 65 HOPTON STREET, LONDON, ENGLAND, SE1 9JL 04879694 2018-08-31 0 0
ALVARIUM RE LIMITED LEVEL 5 NOVA NORTH, 11 BRESSENDEN PLACE, LONDON, ENGLAND, SW1E 5BY 06931299 0000-00-00 0 0
AUGUST EQUITY MANAGEMENT LIMITED 10 SLINGSBY PLACE, ST. MARTIN'S COURTYARD, LONDON, WC2E 9AB 04261261 0000-00-00 0 0
AUGUST EQUITY PARTNERS IV GP LIMITED 10 SLINGSBY PLACE, LONDON, UNITED KINGDOM, WC2E 9AB 10033090 0000-00-00 0 0
BGF NOMINEES LIMITED 13-15 YORK BUILDINGS, LONDON, ENGLAND, WC2N 6JU 10007355 0000-00-00 0 0
BRIDGES FUND MANAGEMENT LIMITED 38 SEYMOUR STREET, LONDON, UNITED KINGDOM, W1H 7BP 10401079 0000-00-00 0 0
BUSINESS GROWTH FUND LIMITED 13-15 YORK BUILDINGS, LONDON, ENGLAND, WC2N 6JU 07514847 0000-00-00 0 0
DRAPER ESPRIT PLC 20 GARRICK STREET, LONDON, ENGLAND, WC2E 9BT 09799594 0000-00-00 0 0
ENTERPRISE VENTURES GROUP LIMITED UNIT F26 PRESTON TECHNOLOGY, MANAGEMENT CENTRE, MARSH LANE PRESTON, LANCASHIRE, PR1 8UQ 04161494 0000-00-00 0 0
ENTERPRISE VENTURES LIMITED PRESTON TECHNOLOGY MANAGEMENT, CENTRE MARSH LANE, PRESTON, LANCASHIRE, PR1 8UQ 03249066 0000-00-00 0 0
MANAGEMENT OPPORTUNITIES LIMITED 50 LOTHIAN ROAD, FESTIVAL SQUARE, EDINBURGH, SCOTLAND, EH3 9WJ SC118578 0000-00-00 0 0
MERCIA ASSET MANAGEMENT PLC FORWARD HOUSE, 17 HIGH STREET, HENLEY IN ARDEN, WARWICKSHIRE, B95 5AA 09223445 0000-00-00 0 0
NORTHEDGE CAPITAL NOMINEE LIMITED 13TH FLOOR, NUMBER ONE SPINNINGFIELDS 1 HARDMAN SQUARE, SPINNINGFIELDS, MANCHESTER, ENGLAND, M3 3EB 10213372 0000-00-00 0 0
SEP EEF GENERAL PARTNER LIMITED 17 BLYTHSWOOD SQUARE, GLASGOW, LANARKSHIRE, G2 4AD SC412355 0000-00-00 0 0
SEP VENTURES LIMITED 17 BLYTHSWOOD SQUARE, GLASGOW, LANARKSHIRE, G2 4AD SC189451 0000-00-00 0 0
TARGET TOPCO LIMITED TARGET HOUSE, COWBRIDGE ROAD EAST, CARDIFF, S GLAMORGAN, CF11 9AU 07956530 0000-00-00 0 0

LIQUIDATION RISK (BETA)



This company is Liquidation. Statistically, such companies have a VERY HIGH probability of being liquidated within a year.
Here are our probability predictions:
Basis Liquidation within 3 months Liquidation within 6 months Liquidation within 12 months Prediction confidence
Company status 100.0% 99.4% 99.9% High
Other companies Active in the same sector 1.6% 5.7% 11.5% Medium
Age 0.3% 1.3% 2.4% Medium
Company Type 0.7% 3.7% 7.4% Medium
Accounts category 0.3% 1.2% 1.8% Medium
Accounting Month 0.6% 2.4% 5.5% Medium
Sic code count 0.7% 3.5% 7.0% Medium
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