PARALLAIX LTD

Company number 12000716 · Active

PARALLAIX LTD is a private limited company registered in READING, United Kingdom, incorporated on 16 May 2019. Its registered activity is other software publishing. Its latest published accounts for the period ending 31 May 2025 show equity of £106k, total assets of £1,668. It has filed 6 sets of accounts, 2 of them after the deadline. Our model estimates a 0.00 % probability that it becomes insolvent within 12 months, 0.0 times the average for active companies (low risk).

Insolvency risk, next 12 months

0.00 %
Low risk
Lowest riskHighest risk

Higher than 0 % of active companies in the United Kingdom. 0.0× the average annual insolvency rate (0.12 %).

Raises the risk

Filing delay of last accounts (days)3.7×≥ 321 · 0.43 % became insolvent
Late filings2.5×≥ 2 · 0.29 % became insolvent
Share of filings late2.3×0.333333–0.666667 · 0.26 % became insolvent
Equity (signed log)2.0×4.7115–5.52268 · 0.23 % became insolvent
Equity change ÷ assets1.6×< -0.688951 · 0.19 % became insolvent
Accounts type1.6×balance sheet only · 0.18 % became insolvent

Lowers the risk

Accounts filed0.3×≥ 6 · 0.04 % became insolvent
Total assets (log)0.3×2.87772–3.99473 · 0.04 % became insolvent
Cash ÷ assets0.4×≥ 0.951833 · 0.05 % became insolvent
Equity ratio0.5×≥ 1 · 0.06 % became insolvent
Region0.6×RG · 0.07 % became insolvent
Industry0.6×58 · 0.07 % 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
12000716 · official register
Status
Active
Legal form
Private Limited Company
Incorporated
16 May 2019 (7 years)
Registered address
RG4 6TR READING
Postcode area
Reading
Activity
58290 Other software publishing
Industry
Publishing activities
Accounts overdue
No

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts GBP

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 May 202515 Jun 2026– –£106k£1,668 £108k£1,6682
31 May 202415 Feb 2025– –£110k£12k £122k£9,6072
31 May 202315 Feb 2024– –£106k£12k £118k£6,0253
31 May 202215 Feb 2023– –−£98k£23k £122k£22k2
31 May 202115 Feb 2022– –−£107k£10k £118k£9,6093
31 May 202015 May 2021– –−£94k£19k £113k£7,4843

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

Similar companies in Reading

Questions about PARALLAIX LTD

What is the company number of PARALLAIX LTD?

PARALLAIX LTD is registered under company number 12000716 in the official register of United Kingdom. View it at the official register.

Is PARALLAIX LTD still active?

Yes. PARALLAIX LTD is registered as active (status: Active).

Has PARALLAIX LTD gone bankrupt or into insolvency?

No insolvency, bankruptcy or administration is recorded for PARALLAIX LTD in the official data.

How likely is PARALLAIX LTD to become insolvent?

Our model estimates a 0.00 % probability that PARALLAIX LTD becomes insolvent within the next 12 months (low risk). That is higher than 0 % of active companies in the United Kingdom.

When was PARALLAIX LTD founded?

PARALLAIX LTD was incorporated on 16 May 2019.

Where is PARALLAIX LTD registered?

PARALLAIX LTD's registered address is in RG4 6TR READING (Reading), United Kingdom.

What do the latest accounts of PARALLAIX LTD show?

The latest published accounts (period ending 31 May 2025) show equity of £106k, total assets of £1,668, 2 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 9 Nov 2026.