Company Overview
Parkelect Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Monday 09 November 1992, so this is a well established company. Parkelect Limited has been in business for 33 years and 4 months. The accounts status is full and the accounts are next due on Sunday 31 May 2026.
Registered Address

84 Dargan Road, Belfast, BT3 9JU
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Companies House Data
Company NamePARKELECT LIMITED
Company NumberNI026999
Registered Office Address84 Dargan Road
 BT3 9JU
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date09/11/1992
Accounting Reference Date Day31
Accounting Reference Date Month8
Accounts Next Due Date31/05/2026
Accounts Last Made Up Date31/08/2024
Accounts Account CategoryFULL
Returns Next Due Date01/03/2017
Returns Last Made Up Date01/02/2016
Directors & Members
Show Resigned
Rob Cupit - Director
(British, 46 years old, born January 1980)
Appointed 22 February 2017
 Active
James Gillan - Director
(British, 64 years old, born April 1962)
Appointed 20 February 2017
 Active
James McConachie - Director
(British, 80 years old, born April 1946)
Appointed 09 November 1992
 Active
Robert McConachie - Director
(British, 44 years old, born August 1982)
Appointed 01 January 2014
 Active
Aidan Murphy - Director
(Irish, 50 years old, born August 1976)
Appointed 01 January 2018
 Active
Michael Young - Director
(British, 46 years old, born September 1980)
Appointed 14 June 2024
 Active
Secretaries
Show Resigned
Other Company Directorships
Rob Cupit
No companies found
James Gillan
No companies found
James McConachie
CROWN JESUS MINISTRIES
ELSTEEL UK LIMITED
PARK - QED LIMITED
PES GROUP LIMITED
SOCOMEC LIMITED
WESTBANK GROUP LIMITED
Robert McConachie
ELSTEEL N.I LIMITED
ELSTEEL UK LIMITED
PARK RENTALS UNLIMITED
PES GROUP LIMITED
REMTECH SERVICES LTD
UEP SWITCHGEAR LIMITED
UNDERWOODS ELECTRICAL DISTRIBUTORS LIMITED
UNDERWOODS GROUP LIMITED
WEIRGROVE AUTOMATION LIMITED
WESTBANK GROUP LIMITED
Aidan Murphy
INDUSTRIAL VALVE SPECIALISTS LIMITED
UEP SWITCHGEAR LIMITED
UNDERWOODS ELECTRICAL DISTRIBUTORS LIMITED
UNDERWOODS GROUP LIMITED
WEIRGROVE AUTOMATION LIMITED
Michael Young
SHERWOOD SYSTEMS LIMITED
UNDERWOODS ELECTRICAL DISTRIBUTORS LIMITED
Balance Sheet Unlock full report
Accounts Date 31-Aug-2024 31-Aug-2011 31-Aug-2010
Balance Sheet
Fixed Assets 1,375,484 1,375,484 1,404,662
Current Assets 6,432,621 6,432,621 5,019,753
Creditors Due Within One Year 5,420,118 5,420,118 4,311,707
Working Cap 1,012,503 1,012,503 708,046
Total Assets Less Current Liabilities 2,387,987 2,387,987 2,112,708
Long-term Liabilities 92,165 92,165 248,508
Net Assets 2,295,822 2,295,822 1,864,200
Share Capital & Reserves
Share Cap 1,032 1,032 1,032
Profit & Loss Reserves 1,650,212 1,650,212 1,218,590
Other Reserves 644,578 644,578 644,578
Shareholders Funds 2,295,822 2,295,822 1,864,200
Common Size Financial Analysis Unlock full report
Accounts Date 31-Aug-2024 31-Aug-2011 31-Aug-2010
Tangible Fixed Assets - - -
Fixed Assets 17.6% 17.6% 21.9%
Stocks Inventory 20.7% 20.7% 22.8%
Debtors 57.1% 57.1% 52.9%
Cash Bank In Hand 4.5% 4.5% 2.4%
Current Assets 82.4% 82.4% 78.1%
Creditors Due Within One Year 69.4% 69.4% 67.1%
Net Current Assets Liabilities 13.0% 13.0% 11.0%
Creditors Due After One Year 1.0% 1.0% 3.6%
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability 29.4% 29.4% 29.0%
Called Up Share Capital 0.0% 0.0% 0.0%
Share Capital Allotted Called Up Paid 0.0% 0.0% 0.0%
Profit Loss Account Reserve 21.1% 21.1% 19.0%
Shareholder Funds 29.4% 29.4% 29.0%
Capital Employed - - -
Total Assets Less Current Liabilities 30.6% 30.6% 32.9%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Aug-2024 31-Aug-2011 31-Aug-2010
Liquidity Ratio 1.2 1.2 1.2
Solvency Ratio 1.4 1.4 1.4
Reserves to Assets 0.2 0.2 0.2
Secured Creditors Unlock full report
Mortgages Charges 7
Mortgages Outstanding 7
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 31-Aug-2024 31-Aug-2011 31-Aug-2010
Assets 7,808,105 7,808,105 6,424,415
Debt 5,512,283 5,512,283 4,560,215
Net Assets/Debt 2,295,822 2,295,822 1,864,200

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.

The current section of the balance sheet has positive working capital. We would normally consider this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The amount of net assets suggests sufficient cover for total debts and obligations for the size of the company inferred by the balance sheet.

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.The current section of the balance sheet has positive working capital. We would normally consider this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. 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 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.The current section of the balance sheet has positive working capital. We would normally consider this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The amount of net assets suggests sufficient cover for total debts and obligations for the size of the company inferred by the balance sheet.

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
Confirmation statement made on 7 September 2025 with no updates
Confirmation statement made on 7 September 2024 with no updates
Change of details for Westbank Group Limited as a person with significant control on 6 April 2016
Notification of Westbank Group Limited as a person with significant control on 6 April 2016
Cessation of James Wallace Mcconachie as a person with significant control on 6 April 2016
Appointment of Mr Michael Young as a director on 14 June 2024
Confirmation statement made on 7 September 2023 with updates
Change of details for Mr James Wallace Mcconachie as a person with significant control on 7 September 2023
Cessation of Robert Martyn Mcconachie as a person with significant control on 7 September 2023
Confirmation statement made on 31 July 2023 with no updates
Termination of appointment of Colin Weir as a director on 19 June 2023
Change of details for Mr James Wallace Mcconachie as a person with significant control on 31 July 2022
Notification of Robert Martyn Mcconachie as a person with significant control on 31 July 2022
Confirmation statement made on 31 July 2022 with updates
Confirmation statement made on 30 January 2022 with no updates
Confirmation statement made on 30 January 2021 with no updates
Confirmation statement made on 30 January 2020 with no updates
Statement of Company's objects
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