Parity Projects Limited
Registered name: PARITY PROJECTS LIMITED
Part of Cotality U.K. Limited groupParity 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2023 | 31 Mar 2024 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|---|
| Disclosure | No P&L | No P&L | Full P&L | Full 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) | 20 | 28 | 25 | 0 |
| 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 | — | — |
| Source | FilletedAccounts · bulk data Nov 2024 | FilletedAccounts · bulk data Nov 2024 | Accounts · bulk data Oct 2025 | Accounts · bulk data Sep 2026 |
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.
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 —
Group structure
Ownership chain
- Cotality U.K. Limitedultimate parent75–100%
- Parity Projects Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (1)
- Ecmk LimitedRev. £2.8m · Profit £1m
From the Persons with Significant Control register (corporate controllers only).
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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.