Parallel Wireless Uk Limited

Parallel Wireless Uk Limited is a small holding company based in Sandhurst, UK, with an active status. Founded eleven years ago in 2013, the company employs forty-four people and holds assets worth £2,667,407. It operates from a real address and is overseen by two directors and one owner. The company regularly imports electrical machinery and equipment—forty-seven months of import activity recorded, with the latest in February 2025—but exports irregularly, with just one month of activity in May 2024.

The company’s activities are centered around other professional, scientific, and technical activities. It’s a holding company, likely overseeing other businesses within the Parallel Wireless group. The website is not available, so it's difficult to determine if they have an e-commerce presence or provide services directly to customers.

Financially, Parallel Wireless Uk Limited shows some interesting trends. Accumulated depreciation on property, plant, and equipment increased by 46%, suggesting ongoing investment in its infrastructure. Cash bank on hand grew by 58% to £160,000, which is a positive sign. However, net assets also increased by 15% to £1,700,000, which could be due to increased liabilities. Trade debtors (money owed by customers) increased significantly by 25%, which might indicate a delay in payments or an expansion of credit terms. Creditors (money owed to suppliers) also rose by 17%, suggesting increased spending. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain agile, but the increase in liabilities is something to keep an eye on. The accounts are unaudited, so the figures are based on director-reported data.

Registered in England/Wales under the registration number 08738456, with a registered address at GU47 0QA, United Kingdom, Sandhurst, Berkshire, Sandhurst House, 297 Yorktown Road.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.