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Company No. 14585782 · Incorporated 11 Jan 2023

Parallel Lives Programme CIC

Registered name: PARALLEL LIVES PROGRAMME CIC

Parallel Lives Programme CIC made £4.7k revenue and £10.3k profit in the year to 31 Jan 2025.

Parallel Lives Programme CIC’s revenue was £4.7k in the year to 31 Jan 2025, with £10.3k profit and 4 employees. The company is classified under “other service activities” and is based in Luton; we hold 2 years of its filed accounts.

Full P&L filedSection S · Other service activitiesSIC 96090Other service activities n.e.c.
Status
Active
Location
Luton, East of England
Age
3 yrs · since 2023
Type
Community Interest 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.

Latest accounts · year to 31 Jan 2025

Key figures

IndependentSmall teamYoung and profitable
Revenue
£4.7k
Growth —
Profit
£10.3k
Growth ▲28.2%
Profit margin
217%
Gross 100%
Employees
4
Change ▲300%
Profit / employee
£2.6k
Revenue/employee £1.2k
Profitable streak
2yrs
Consecutive profitable years in our data

Unusual figures. Profit is higher than revenue in this filing. That usually means investment income, dividends from subsidiaries or one-off gains — or a mis-tagged figure. Check the original filing before drawing conclusions.

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

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Jan 202431 Jan 2025
DisclosureFull P&LFull P&L
Profit & loss
Revenue (turnover)£0£4.7k
Gross profit£0£4.7k
Operating profit£8k£10.5k
Profit before tax£8k£10.5k
Profit after tax£8k£10.3k
Profit (best available)£8k£10.3k
Employees (average)14
Ratios
Profit margin—217%
Gross margin—100%
Revenue per employee£0£1.2k
Profit per employee£8k£2.6k
Growth (year on year)
Profit growth—▲28.2%
Headcount growth—▲300%
Balance sheet — indirect signals, not revenue
Cash at bank£9.1k£21k
Net assets£8k£18.3k
Fixed assets£2.1k£4.7k
Current assets£9.1k£23.8k
Debtors£236£2.8k
Deferred income£1.7k£2.1k
SourceFullAccounts · bulk data Aug 2024FullAccounts · bulk data Oct 2025
Derived from the latest filing

How the business works

Profit margin
217%
Profit ÷ revenue.
Gross margin
100%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£1.2k
Revenue ÷ average employees.
Profit per employee
£2.6k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
99%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
44.4%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
60.2%
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
▲128%
Now £18.3k
Cash at bank
▲131%
Now £21k
Headcount
▲300%
Now 4
Deferred income
▲24%
Now £2.1k
Fixed assets
▲125%
Now £4.7k

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Sources

Latest figures from FullAccounts for the year to 31 Jan 2025 (profit £10.3k), from the Companies House accounts bulk data published Oct 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.