PARALLEL UK LIMITED
Company number 07016526 · Monitor this company
Executive summary
PARALLEL UK Limited presents a mixed risk profile: the business demonstrates strong top-line growth and improving gross margins within a group-supported structure, but the dramatic collapse in cash reserves to £66K, combined with wafer-thin net margins of 0.2% and significant leverage, creates material solvency and liquidity concerns. The company's viability is heavily dependent on continuing access to working capital facilities and the financial support of its parent, Fresh Hub Group. Immediate investigation into the cash outflow, intercompany arrangements, and banking covenants is essential before any institutional commitment.
Shareholders' funds
£3,896,297
Balance sheet as at 2025-11-30
What it does
The principal activity of the company in the year under review was that of importing and supplying fresh produce to UK retailers, the Fresh Prepared Sector, Food Service and the Wholesale channels.
The company's own description, from its latest filed accounts.
Overview
- Company type
- Private Limited Company
- Incorporated
- 2009-09-11
- Employees
- 0 (2025 accounts)
- Registered office
- Parallel Uk Ltd C/O Fresh Hub Group Ltd Stephenson Avenue, Pinchbeck, Spalding, England, PE11 3SW
- Postcode
- PE11 3SW
- Capital
- 152,369 GBP
- Accounts category
- Full
- Charges
- 0 outstanding
Accounts
- Last made up to
- 2025-11-30
- Next due by
- 2027-08-31
- Financial year end
- 30 November
Confirmation statement
- Last statement dated
- 2026-08-11
- Next due by
- 2027-08-25
Nature of business (SIC)
- 46310 Wholesale of fruit and vegetables
Officers 3 current · 4 resigned
Group structure 1 subsidiary
Controlled by FRESH HUB GROUP LIMITED — since 2021-02-05
From persons-with-significant-control filings on the public register.
Contact details
- Website
- http://www.paralleluk.com
Previous registered addresses 3
| Address | Changed on |
|---|---|
| UPPER DECK ADMIRALS QUARTERS, PORTSMOUTH ROAD, THAMES DITTON, SURREY, KT7 0XA | 2009-12-04 |
| GISTERED OFFICE CHANGED ON 26/09/2009 FROM, DORMANT CO TEAM SOLO HSE THE COURTYARD LONDON RD, HORSHAM, WEST SUSSEX, RH12 1AT | 2009-09-26 |
| DORMANT CO TEAM SOLO HSE THE COURTYARD LONDON RD, HORSHAM, WEST SUSSEX, RH12 1AT | 2009-09-26 |
Among its peers
Top 10%
by shareholders' funds, of 80 similar companies in PE
Trading since 2009.
No.5 of the largest wholesale of fruit and vegetables companies in Peterborough →
Competitors Peterborough
This company ranks 5 among wholesale of fruit and vegetables in Peterborough.
The class of 2009
21%
of the 315,093 companies incorporated in 2009 are still active today; 77% have since been dissolved.
A fact about the year, not a forecast for this company.