Company Overview
Parasol Homes Ltd is a Converted / Closed Converted / Closed. The company was incorporated on Tuesday 02 May 2006, so this is a well established company. Parasol Homes Ltd has been in business for 19 years and 11 months. The accounts status is total exemption full and the accounts are next due on Tuesday 31 March 2020.
Registered Address

382 Silbury Court West, Silbury Boulevard, Milton Keynes, MK9 2AF
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Companies House Data
Company NamePARASOL HOMES LTD
Company Number05802059
Registered Office Address382 Silbury Court West
 Silbury Boulevard
 MK9 2AF
Company CategoryConverted / Closed
Company StatusConverted / Closed
Country of OriginUnited Kingdom
Incorporation Date02/05/2006
Accounting Reference Date Day30
Accounting Reference Date Month6
Accounts Next Due Date31/03/2021
Accounts Last Made Up Date30/06/2019
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date30/05/2017
Returns Last Made Up Date02/05/2016
Previous Company NameChanged Date
28A SUPPORTED LIVING LIMITED10 Jan 2020
Directors & Members
Show Resigned
Joy Malyon - Director
(British, 67 years old, born April 1959)
Appointed 05 November 2018
Active
Adrian Miller - Director
(British, 57 years old, born October 1969)
Appointed 17 April 2019
Active
Paul Reeves - Director
(British, 69 years old, born December 1957)
Appointed 12 April 2019
Active
Secretaries
Show Resigned
Tanvi Joshi - Secretary
Appointed 12 April 2019
Active
Balance Sheet Unlock full report
Accounts Date 30-Jun-2019 31-May-2016 31-May-2015
Balance Sheet
Fixed Assets 131,982 131,982 129,728
Current Assets 101,113 101,113 48,119
Creditors Due Within One Year 56,154 56,154 53,026
Working Cap 44,959 44,959 -4,907
Total Assets Less Current Liabilities 176,941 176,941 124,821
Long-term Liabilities 0 0 0
Net Assets 176,941 176,941 124,821
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves 176,941 176,941 124,821
Other Reserves - - -
Shareholders Funds 176,941 176,941 124,821
Common Size Financial Analysis Unlock full report
Accounts Date 30-Jun-2019 31-May-2016 31-May-2015
Tangible Fixed Assets 18.0% 18.0% 22.3%
Fixed Assets 56.6% 56.6% 72.9%
Stocks Inventory - - -
Debtors - - -
Cash Bank In Hand 43.4% 43.4% 27.1%
Current Assets 43.4% 43.4% 27.1%
Creditors Due Within One Year 24.1% 24.1% 29.8%
Net Current Assets Liabilities 19.3% 19.3% -2.8%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability 75.9% 75.9% 70.2%
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve 75.9% 75.9% 70.2%
Shareholder Funds 75.9% 75.9% 70.2%
Capital Employed - - -
Total Assets Less Current Liabilities 75.9% 75.9% 70.2%
Financial Ratio Analysis Unlock full report
Accounts Date 30-Jun-2019 31-May-2016 31-May-2015
Liquidity Ratio 1.8 1.8 0.9
Solvency Ratio 4.2 4.2 3.4
Reserves to Assets 0.8 0.8 0.7
Secured Creditors Unlock full report
Mortgages Charges 0
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 30-Jun-2019 31-May-2016 31-May-2015
Assets 233,095 233,095 177,847
Debt 56,154 56,154 53,026
Net Assets/Debt 176,941 176,941 124,821

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date. Information provided by Companies House shows Converted / Closed.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date. Information provided by Companies House shows Converted / Closed.  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date. Information provided by Companies House shows Converted / Closed.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due
Paid After
30 days due
Owing Before
30 days due
Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.

Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
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Document Filings
Resolutions
Miscellaneous
Confirmation statement made on 2 May 2020 with no updates
Termination of appointment of Jackie Craissati as a director on 14 April 2020
Resolutions
Previous accounting period extended from 31 May 2019 to 30 June 2019
Confirmation statement made on 2 May 2019 with no updates
Registered office address changed from 31 Back Market Street Hemsworth Pontefract West Yorkshire WF9 4LB to 382 Silbury Court West Silbury Boulevard Milton Keynes MK9 2AF on 8 May 2019
Appointment of Mr Adrian Lawrence Miller as a director on 17 April 2019
Termination of appointment of Adam Walton as a director on 14 March 2019
Appointment of Mr Paul Frederick Reeves as a director on 12 April 2019
Appointment of Dr Jackie Craissati as a director on 12 April 2019
Appointment of Miss Tanvi Joshi as a secretary on 12 April 2019
Termination of appointment of Abdulmateen Khan as a secretary on 12 April 2019
Termination of appointment of Lee Marshall as a director on 12 April 2019
Termination of appointment of Caroline Rosemary Darby-Jenkins as a director on 12 April 2019
Termination of appointment of George Boyd-Gibbins as a director on 12 April 2019
Appointment of Mrs Caroline Rosemary Darby-Jenkins as a director on 5 December 2018
Termination of appointment of Steven Roy Walton as a director on 5 December 2018
Appointment of Mr. George Boyd-Gibbins as a director on 5 December 2018
Appointment of Mrs Joy Elizabeth Malyon as a director on 5 November 2018
Termination of appointment of Kunal Dodia as a director on 5 November 2018
Termination of appointment of Yaseen Khan as a director on 5 November 2018

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