Company Overview
Parity Network Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Thursday 05 February 1981, so this is a well established company. Parity Network Limited has been in business for 45 years and 1 month. The accounts status is full and the accounts are next due on Wednesday 31 December 2025.
Registered Address

Meriden Hall Main Road, Meriden, Coventry, CV7 7PT
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Companies House Data
Company NamePARITY NETWORK LIMITED
Company Number01543554
Registered Office AddressMeriden Hall Main Road
 Meriden
 CV7 7PT
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date05/02/1981
Accounting Reference Date Day31
Accounting Reference Date Month3
Accounts Next Due Date31/12/2025
Accounts Last Made Up Date31/03/2024
Accounts Account CategoryFULL
Returns Next Due Date02/06/2017
Returns Last Made Up Date05/05/2016
Previous Company NameChanged Date
PARITY PROFESSIONALS LIMITED31 Dec 2023
PARITY RESOURCES LIMITED07 Jan 2015
Directors & Members
Show Resigned
Paul Davis - Director
(British, 53 years old, born April 1973)
Appointed 08 December 2023
 Active
Trevor Large - Director
(British, 52 years old, born January 1974)
Appointed 08 December 2023
 Active
Secretaries
Show Resigned
Nigel Dudley - Secretary
Appointed 08 December 2023
 Active
Other Company Directorships
Paul Davis
APEX MEDICAL LOCUMS LIMITED
CARTER FORD LIMITED
CLICK RECRUITMENT (SCO) LIMITED
CLICK RECRUITMENT LIMITED
CNA ES LIMITED
CNA INTERNATIONAL (FRANCHISING AND TRAINING) LIMITED
CNA INTERNATIONAL LIMITED
CNA IT LIMITED
CONSULTANCY NETWORK ASSOCIATES LIMITED
EDUCATION NETWORK (YORKSHIRE) LIMITED
EQUINOX PROFESSIONAL CONSULTANCY LIMITED
FRESH MEDICAL GROUP LIMITED
FRESH RECRUITMENT LIMITED
FYNITY LIMITED
HC 1336 LIMITED
HC 1366 LIMITED
HOURGLASS EDUCATION RECRUITMENT LIMITED
MIDDLEMORE NETWORK LIMITED
NETWORK CONSTRUCTION LONDON LTD
NETWORK HEALTHCARE PROFESSIONALS LIMITED
NETWORK I T RECRUITMENT LIMITED
NETWORK LEGAL LIMITED
NETWORK PARITY PROFESSIONALS LIMITED
NETWORK SALES & MARKETING (MANCHESTER) LIMITED
PARITY NETWORK PROFESSIONALS LIMITED
PERTEMPS EDUCATION NETWORK LIMITED
PERTEMPS NETWORK GROUP LIMITED
PERTEMPS STAFFBANK LIMITED
RIGHTTIME CARE LIMITED
TECHNICAL NETWORK RECRUITMENT LIMITED
THE APPRAISAL & REVALIDATION ALLIANCE LIMITED
THE BOOK RECRUITMENT LIMITED
VITALIS SOCIAL CARE LIMITED
VOX NETWORK CONSULTANTS LIMITED
Trevor Large
BUSINESS GENETICS LTD
CLICK RECRUITMENT LIMITED
FYNITY LIMITED
FYNITY NETWORK LIMITED
NETWORK ERP & IT (EMEA) LIMITED
NETWORK GROUP HOLDINGS LIMITED
NETWORK PARITY PROFESSIONALS LIMITED
PARITY NETWORK PROFESSIONALS LIMITED
RUGBYUNITED LIMITED
Balance Sheet Unlock full report
Accounts Date 31-Mar-2024 31-Dec-2013 31-Dec-2012
Balance Sheet
Fixed Assets 24,222,000 24,222,000 21,406,000
Current Assets 28,822,000 28,822,000 14,936,000
Creditors Due Within One Year 29,920,000 29,920,000 21,077,000
Working Cap -1,098,000 -1,098,000 -6,141,000
Total Assets Less Current Liabilities 23,124,000 23,124,000 15,265,000
Long-term Liabilities 10,500,000 10,500,000 4,625,000
Net Assets 12,624,000 12,624,000 10,640,000
Share Capital & Reserves
Share Cap 674,000 674,000 674,000
Profit & Loss Reserves 11,373,000 11,373,000 9,389,000
Other Reserves 577,000 577,000 577,000
Shareholders Funds 12,624,000 12,624,000 10,640,000
Common Size Financial Analysis Unlock full report
Accounts Date 31-Mar-2024 31-Dec-2013 31-Dec-2012
Tangible Fixed Assets - - -
Fixed Assets 45.7% 45.7% 58.9%
Stocks Inventory 0.0% 0.0% 0.0%
Debtors 25.3% 25.3% 30.2%
Cash Bank In Hand 11.0% 11.0% 0.2%
Current Assets 54.3% 54.3% 41.1%
Creditors Due Within One Year 56.4% 56.4% 58.0%
Net Current Assets Liabilities -2.1% -2.1% -16.9%
Creditors Due After One Year 19.8% 19.8% 12.7%
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability 23.8% 23.8% 29.3%
Called Up Share Capital 1.3% 1.3% 1.9%
Share Capital Allotted Called Up Paid 1.3% 1.3% 1.9%
Profit Loss Account Reserve 21.4% 21.4% 25.8%
Shareholder Funds 23.8% 23.8% 29.3%
Capital Employed - - -
Total Assets Less Current Liabilities 43.6% 43.6% 42.0%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Mar-2024 31-Dec-2013 31-Dec-2012
Liquidity Ratio 1.0 1.0 0.7
Solvency Ratio 1.3 1.3 1.4
Reserves to Assets 0.2 0.2 0.3
Secured Creditors Unlock full report
Mortgages Charges 19
Mortgages Outstanding 4
Mortgages Part Satisfied 0
Mortgages Satisfied 15
Assets and Debt Analysis Unlock full report
Accounts Date 31-Mar-2024 31-Dec-2013 31-Dec-2012
Assets 53,044,000 53,044,000 36,342,000
Debt 40,420,000 40,420,000 25,702,000
Net Assets/Debt 12,624,000 12,624,000 10,640,000

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

As at the balance sheet date current liquid assets were slightly less than short term debt. We would normally view a company broadly neutrally for this. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The balance sheet indicates the net assets of a good sized company. The amount of net assets suggests sufficient cover for total debts and obligations for the size of the company inferred by the balance sheet. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.As at the balance sheet date current liquid assets were slightly less than short term debt. We would normally view a company broadly neutrally for this. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The balance sheet indicates the net assets of a good sized company. The amount of net assets suggests sufficient cover for total debts and obligations for the size of the company inferred by the balance sheet. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.As at the balance sheet date current liquid assets were slightly less than short term debt. We would normally view a company broadly neutrally for this. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The balance sheet indicates the net assets of a good sized company. The amount of net assets suggests sufficient cover for total debts and obligations for the size of the company inferred by the balance sheet. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due		 Paid After
30 days due		 Owing Before
30 days due		 Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.
Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
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Document Filings
Registration of charge 015435540020, created on 23 December 2025
Confirmation statement made on 5 May 2025 with no updates
Termination of appointment of Isobel Brown as a director on 15 November 2024
Registration of charge 015435540019, created on 30 September 2024
Confirmation statement made on 5 May 2024 with updates
Consolidated accounts of parent company for subsidiary company period ending 31/12/22
Notice of agreement to exemption from audit of accounts for period ending 31/12/22
Audit exemption statement of guarantee by parent company for period ending 31/12/22
Satisfaction of charge 015435540015 in full
Satisfaction of charge 12 in full
Certificate of change of name
Memorandum and Articles of Association
Resolutions
Current accounting period extended from 31 December 2023 to 31 March 2024
Statement of Company's objects
Registration of charge 015435540018, created on 8 December 2023
Cessation of Parity Holdings Limited as a person with significant control on 8 December 2023
Termination of appointment of Michael David Johns as a director on 8 December 2023
Termination of appointment of Mark Andrew Braund as a director on 8 December 2023
Termination of appointment of David Samuel Peter Firth as a secretary on 8 December 2023
Notification of Network Ventures Limited as a person with significant control on 8 December 2023
Appointment of Mr Nigel Dudley as a secretary on 8 December 2023
Appointment of Mr Trevor Large as a director on 8 December 2023
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