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Company No. 05557883 · Incorporated 8 Sep 2005

Parity Projects Limited

Registered name: PARITY PROJECTS LIMITED

Part of Cotality U.K. Limited group

Parity Projects Limited made £1.4m revenue and £331k profit in the year to 31 Dec 2025.

Parity Projects Limited’s revenue grew 40% to £1.4m in the year to 31 Dec 2025, with £331k profit and 0 employees. The company is classified under “business and domestic software development” and is based in Solihull; we hold 4 years of its filed accounts.

Status
Active
Location
Solihull, West Midlands
Age
21 yrs · since 2005
Type
Private Limited Company

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.

Latest accounts · year to 31 Dec 2025

Key figures

Small teamDoing more with less
Revenue
£1.4m
Growth ▲40.5%
Profit
£331k
Growth —
Profit margin
23.8%
Gross 97.9%
Employees
0
Change ▼100%
Profit / employee
—
 
Profitable streak
1yr
Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Mar 202331 Mar 202431 Dec 202431 Dec 2025
DisclosureNo P&LNo P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)——£991k£1.4m
Cost of sales——−£98.7k−£29.4k
Gross profit——£892k£1.4m
Operating profit——−£315k£436k
Profit before tax——−£312k£435k
Profit after tax——−£313k£331k
Profit (best available)——−£313k£331k
Employees (average)2028250
Ratios
Profit margin——−31.6%23.8%
Gross margin——90%97.9%
Revenue per employee——£39.6k—
Profit per employee——−£12.5k—
Growth (year on year)
Revenue growth———▲40.5%
Headcount growth—▲40%—▼100%
Balance sheet — indirect signals, not revenue
Cash at bank£865k£1.3m——
Net assets£726k£940k——
Fixed assets£22.1k£10.8k——
Current assets£1.4m£1.8m——
Debtors£534k£343k——
SourceFilletedAccounts · bulk data Nov 2024FilletedAccounts · bulk data Nov 2024Accounts · bulk data Oct 2025Accounts · bulk data Sep 2026
Derived from the latest filing

How the business works

Profit margin
23.8%
Profit ÷ revenue.
Gross margin
97.9%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
—
Revenue ÷ average employees.
Profit per employee
—
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
—
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
—
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
—
Money owed by customers. Low = customers pay quickly.
Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets
—
Now —
Cash at bank
—
Now —
Headcount
▼100%
Now 0
Deferred income
—
Now —
Fixed assets
—
Now —
Corporate ownership

Group structure

Ownership chain

  1. Cotality U.K. Limitedultimate parent75–100%
  2. Parity Projects Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (1)

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Latest figures from accounts for the year to 31 Dec 2025 (profit £331k), from the Companies House accounts bulk data published Sep 2026. Spotted an error? Request a correction.

Updated from Companies House on 12 Oct 2026

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.