PARALLELE LINES LIMITED

Company number 02308758 · Active

PARALLELE LINES LIMITED is a private limited company registered in CHICHESTER, United Kingdom, incorporated on 25 Oct 1988. Its registered activity is other holiday and other collective accommodation. Its latest published accounts for the period ending 31 Oct 2025 show equity of −£108k, total assets of £15k. It has filed 7 sets of accounts. Our model estimates a 0.07 % probability that it becomes insolvent within 12 months, 0.6 times the average for active companies (low risk).

Insolvency risk, next 12 months

0.07 %
Low risk
Lowest riskHighest risk

Higher than 92 % of active companies in the United Kingdom. 0.6× the average annual insolvency rate (0.12 %).

Raises the risk

Equity (signed log)4.0×< -4.26854 · 0.47 % became insolvent
Current ratio2.7×0.565361–1.20204 · 0.31 % became insolvent
Company age (years)2.3×≥ 22.502 · 0.27 % became insolvent
Negative equity2.3×1 · 0.27 % became insolvent
Equity ratio2.2×< -0.882818 · 0.25 % became insolvent
Equity change ÷ assets1.6×< -0.688951 · 0.19 % became insolvent

Lowers the risk

Accounts filed0.3×≥ 6 · 0.04 % became insolvent
Employees0.4×0–1 · 0.05 % became insolvent
Current liabilities ÷ assets0.7×0.010552–0.186967 · 0.08 % became insolvent
Late filings0.8×0–1 · 0.09 % became insolvent
Accounts overdue0.8×0 · 0.09 % became insolvent
Region0.8×PO · 0.09 % became insolvent

Each factor compares companies in the same group (for example the same age band) with the average. The score is a statistical estimate from public data (model AUC 0.99, trained 8 Nov 2026), not a credit rating. How it works.

Company details

Company number
02308758 · official register
Status
Active
Legal form
Private Limited Company
Incorporated
25 Oct 1988 (38 years)
Registered address
PO18 8RQ CHICHESTER
Postcode area
Portsmouth
Activity
55209 Other holiday and other collective accommodation
Industry
Accommodation
Accounts overdue
No

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts GBP

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 Oct 202515 Jun 2026– –−£108k£15k £1,141–0
31 Oct 202415 Jan 2025– –−£78k£16k ––2
31 Oct 202315 Jul 2024– –−£70k£18k ––2
31 Oct 202215 Dec 2022– –−£62k£18k £1,513–2
31 Oct 202115 Jun 2022– –−£55k£20k £1,120–2
31 Oct 202015 Apr 2021– –−£49k£21k £1,940–2
31 Oct 201915 Feb 2020– –−£47k£23k £2,194–2

As published. Small companies often file a balance sheet only, so turnover and result can be missing.

Similar companies in Portsmouth

Questions about PARALLELE LINES LIMITED

What is the company number of PARALLELE LINES LIMITED?

PARALLELE LINES LIMITED is registered under company number 02308758 in the official register of United Kingdom. View it at the official register.

Is PARALLELE LINES LIMITED still active?

Yes. PARALLELE LINES LIMITED is registered as active (status: Active).

Has PARALLELE LINES LIMITED gone bankrupt or into insolvency?

No insolvency, bankruptcy or administration is recorded for PARALLELE LINES LIMITED in the official data.

How likely is PARALLELE LINES LIMITED to become insolvent?

Our model estimates a 0.07 % probability that PARALLELE LINES LIMITED becomes insolvent within the next 12 months (low risk). That is higher than 92 % of active companies in the United Kingdom.

When was PARALLELE LINES LIMITED founded?

PARALLELE LINES LIMITED was incorporated on 25 Oct 1988.

Where is PARALLELE LINES LIMITED registered?

PARALLELE LINES LIMITED's registered address is in PO18 8RQ CHICHESTER (Portsmouth), United Kingdom.

What do the latest accounts of PARALLELE LINES LIMITED show?

The latest published accounts (period ending 31 Oct 2025) show equity of −£108k, total assets of £15k, 0 employees.

Data: Companies House – Free Company Data Product, Accounts Data Product, Public Data API (Contains public sector information licensed under the Open Government Licence v3.0.). Last updated 8 Nov 2026.