Parallel Contract Services Ltd
Registered name: PARALLEL CONTRACT SERVICES LTD
Parallel Contract Services Ltd made £632k revenue and £56.8k profit in the year to 31 May 2025.
Parallel Contract Services Ltd’s revenue grew 3% to £632k in the year to 31 May 2025, with £56.8k profit and 1 employee. The company is classified under “other construction installation” and is based in Cardiff; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Cardiff, Wales
- Age
- 8 yrs · since 2018
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 May 2022 | 31 May 2023 | 31 May 2024 | 31 May 2025 |
|---|---|---|---|---|
| Disclosure | No P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | — | £575k | £617k | £632k |
| Cost of sales | — | £650k | £750k | £466k |
| Gross profit | — | −£75k | −£134k | £166k |
| Operating profit | — | −£97.5k | −£156k | £71k |
| Profit before tax | — | −£97.5k | −£156k | £71k |
| Profit after tax | — | −£97.5k | −£156k | £56.8k |
| Profit (best available) | — | −£97.5k | −£156k | £56.8k |
| Employees (average) | 1 | 1 | 5 | 1 |
| Ratios | ||||
| Profit margin | — | −17% | −25.3% | 9% |
| Gross margin | — | −13% | −21.6% | 26.3% |
| Revenue per employee | — | £575k | £123k | £632k |
| Profit per employee | — | −£97.5k | −£31.2k | £56.8k |
| Growth (year on year) | ||||
| Revenue growth | — | — | ▲7.2% | ▲2.5% |
| Headcount growth | — | 0% | ▲400% | ▼80% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | — | £12.5k | £12.5k | £90k |
| Net assets | £100 | £100 | £12.5k | £125k |
| Fixed assets | £0 | £0 | — | — |
| Current assets | £0 | £0 | £12.5k | £165k |
| Debtors | — | — | £78k | £58k |
| Deferred income | — | — | £3k | — |
| Source | FullAccounts · bulk data May 2024 | FullAccounts · bulk data May 2024 | FullAccounts · bulk data May 2025 | FullAccounts · bulk data Sep 2025 |
How the business works
- Profit margin
- 9%
- Profit ÷ revenue.
- Gross margin
- 26.3%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £632k
- Revenue ÷ average employees.
- Profit per employee
- £56.8k
- 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
- 9.2%
- 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
- ▲900%
- Now £125k
- Cash at bank
- ▲620%
- Now £90k
- Headcount
- ▼80%
- Now 1
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
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Sources
Latest figures from FullAccounts for the year to 31 May 2025 (profit £56.8k), from the Companies House accounts bulk data published Sep 2025. 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.