Parallel UK Limited
Registered name: PARALLEL UK LIMITED
Part of Fresh Hub Group Limited groupParallel UK Limited made £79.4m revenue and £119k profit in the year to 30 Nov 2025.
Parallel UK Limited’s revenue grew 6% to £79.4m in the year to 30 Nov 2025, with £119k profit and 0 employees. The company is classified under “wholesale of fruit and vegetables” and is based in Spalding; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Spalding, East of England
- Age
- 17 yrs · since 2009
- Type
- Private Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
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 | 30 Nov 2022 | 30 Nov 2023 | 30 Nov 2024 | 30 Nov 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £59.3m | £62.6m | £74.6m | £79.4m |
| Cost of sales | £56.6m | £59.4m | £70.7m | £74.3m |
| Gross profit | £2.7m | £3.3m | £3.9m | £5.1m |
| Operating profit | — | £190k | £107k | £162k |
| Profit before tax | £148k | £190k | £107k | £162k |
| Profit after tax | £114k | £142k | £79.5k | £119k |
| Profit (best available) | £114k | £142k | £79.5k | £119k |
| Employees (average) | 2 | 4 | 0 | 0 |
| Ratios | ||||
| Profit margin | 0.2% | 0.2% | 0.1% | 0.1% |
| Gross margin | 4.5% | 5.2% | 5.3% | 6.4% |
| Revenue per employee | £29.7m | £15.7m | — | — |
| Profit per employee | £57.2k | £35.5k | — | — |
| Growth (year on year) | ||||
| Revenue growth | — | ▲5.6% | ▲19.2% | ▲6.3% |
| Profit growth | — | ▲24.1% | ▼44% | ▲49.5% |
| Headcount growth | — | ▲100% | ▼100% | — |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £2m | £2.7m | £3.1m | £66.4k |
| Net assets | £3.6m | £3.7m | £3.8m | £3.9m |
| Fixed assets | £204k | £238k | £60.7k | £30.7k |
| Current assets | £12.5m | £16.2m | £19m | £19.2m |
| Debtors | £9.5m | £12.4m | £14.7m | £14.2m |
| Deferred income | £2.3m | £5.6m | £4.8m | £7m |
| Source | FullAccounts · bulk data Apr 2024 | FullAccounts · bulk data Apr 2024 | FullAccounts · bulk data Mar 2025 | FullAccounts · bulk data Jun 2026 |
How the business works
- Profit margin
- 0.1%
- Profit ÷ revenue.
- Gross margin
- 6.4%
- 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
- 0%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 8.9%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 17.9%
- 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
- ▲3%
- Now £3.9m
- Cash at bank
- ▼98%
- Now £66.4k
- Headcount
- —
- Now 0
- Deferred income
- ▲45%
- Now £7m
- Fixed assets
- ▼49%
- Now £30.7k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Fresh Hub Group Limitedultimate parent75–100%
- Parallel UK Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (3)
- Apg Produce LimitedFigures not disclosed
- Fresh Forever LimitedFigures not disclosed
- Parallel Imports LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
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Sources
Latest figures from FullAccounts for the year to 30 Nov 2025 (profit £119k), from the Companies House accounts bulk data published Jun 2026. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.