parallax vr limited
parallax vr limited Company Information
Company Number
09460352
Next Accounts
Nov 2025
Industry
Other information technology and computer service activities
Shareholders
benjamin mcnab hardyment
Group Structure
View All
Contact
Registered Address
103 high street, waltham cross, EN8 7AN
Website
-parallax vr limited Estimated Valuation
Pomanda estimates the enterprise value of PARALLAX VR LIMITED at £62.4k based on a Turnover of £116.9k and 0.53x industry multiple (adjusted for size and gross margin).
parallax vr limited Estimated Valuation
Pomanda estimates the enterprise value of PARALLAX VR LIMITED at £0 based on an EBITDA of £-1.2k and a 3.57x industry multiple (adjusted for size and gross margin).
parallax vr limited Estimated Valuation
Pomanda estimates the enterprise value of PARALLAX VR LIMITED at £0 based on Net Assets of £-6.7k and 2.23x industry multiple (adjusted for liquidity).
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Parallax Vr Limited Overview
Parallax Vr Limited is a live company located in waltham cross, EN8 7AN with a Companies House number of 09460352. It operates in the other information technology service activities sector, SIC Code 62090. Founded in February 2015, it's largest shareholder is benjamin mcnab hardyment with a 100% stake. Parallax Vr Limited is a established, micro sized company, Pomanda has estimated its turnover at £116.9k with declining growth in recent years.
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Parallax Vr Limited Health Check
Pomanda's financial health check has awarded Parallax Vr Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs
1 Strong
1 Regular
8 Weak
Size
annual sales of £116.9k, make it smaller than the average company (£7m)
- Parallax Vr Limited
£7m - Industry AVG
Growth
3 year (CAGR) sales growth of 0%, show it is growing at a slower rate (8.9%)
- Parallax Vr Limited
8.9% - Industry AVG
Production
with a gross margin of 25.2%, this company has a higher cost of product (49.6%)
- Parallax Vr Limited
49.6% - Industry AVG
Profitability
an operating margin of -1.1% make it less profitable than the average company (3.9%)
- Parallax Vr Limited
3.9% - Industry AVG
Employees
with 1 employees, this is below the industry average (41)
1 - Parallax Vr Limited
41 - Industry AVG
Pay Structure
on an average salary of £72.6k, the company has an equivalent pay structure (£72.6k)
- Parallax Vr Limited
£72.6k - Industry AVG
Efficiency
resulting in sales per employee of £116.9k, this is less efficient (£175.4k)
- Parallax Vr Limited
£175.4k - Industry AVG
Debtor Days
it gets paid by customers after 104 days, this is later than average (52 days)
- Parallax Vr Limited
52 days - Industry AVG
Creditor Days
its suppliers are paid after 167 days, this is slower than average (34 days)
- Parallax Vr Limited
34 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Parallax Vr Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Parallax Vr Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 119.9%, this is a higher level of debt than the average (64.7%)
119.9% - Parallax Vr Limited
64.7% - Industry AVG
PARALLAX VR LIMITED financials
Parallax Vr Limited's latest turnover from February 2024 is estimated at £116.9 thousand and the company has net assets of -£6.7 thousand. According to their latest financial statements, Parallax Vr Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||
| Other Income Or Grants | |||||||||
| Cost Of Sales | |||||||||
| Gross Profit | |||||||||
| Admin Expenses | |||||||||
| Operating Profit | |||||||||
| Interest Payable | |||||||||
| Interest Receivable | |||||||||
| Pre-Tax Profit | |||||||||
| Tax | |||||||||
| Profit After Tax | |||||||||
| Dividends Paid | |||||||||
| Retained Profit | |||||||||
| Employee Costs | |||||||||
| Number Of Employees | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 33,535 | 33,721 | 36,290 | 38,378 | 32,606 | 27,490 | 27,490 | 27,778 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 33,535 | 33,721 | 36,290 | 38,378 | 32,606 | 27,490 | 27,490 | 27,778 | 0 |
| total assets | 33,535 | 33,721 | 36,290 | 38,378 | 32,606 | 27,490 | 27,490 | 27,778 | 0 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 40,200 | 39,151 | 41,106 | 41,820 | 35,272 | 29,616 | 29,616 | 29,199 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 40,200 | 39,151 | 41,106 | 41,820 | 35,272 | 29,616 | 29,616 | 29,199 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 40,200 | 39,151 | 41,106 | 41,820 | 35,272 | 29,616 | 29,616 | 29,199 | 0 |
| net assets | -6,665 | -5,430 | -4,816 | -3,442 | -2,666 | -2,126 | -2,126 | -1,421 | 0 |
| total shareholders funds | -6,665 | -5,430 | -4,816 | -3,442 | -2,666 | -2,126 | -2,126 | -1,421 | 0 |
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | |||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -186 | -2,569 | -2,088 | 5,772 | 5,116 | 0 | -288 | 27,778 | 0 |
| Creditors | 1,049 | -1,955 | -714 | 6,548 | 5,656 | 0 | 417 | 29,199 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
parallax vr limited Credit Report and Business Information
Parallax Vr Limited Competitor Analysis
Perform a competitor analysis for parallax vr limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in EN8 area or any other competitors across 12 key performance metrics.
parallax vr limited Ownership
PARALLAX VR LIMITED group structure
Parallax Vr Limited has no subsidiary companies.
Ultimate parent company
PARALLAX VR LIMITED
09460352
parallax vr limited directors
Parallax Vr Limited currently has 2 directors. The longest serving directors include Mr Benbow Hardyment (Feb 2015) and Mr Benbow Hardyment (Feb 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Benbow Hardyment | United Kingdom | 54 years | Feb 2015 | - | Director |
| Mr Benbow Hardyment | England | 54 years | Feb 2015 | - | Director |
P&L
February 2024turnover
116.9k
+7%
operating profit
-1.2k
0%
gross margin
25.2%
-2.58%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2024net assets
-6.7k
+0.23%
total assets
33.5k
-0.01%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
parallax vr limited company details
company number
09460352
Type
Private limited with Share Capital
industry
62090 - Other information technology and computer service activities
incorporation date
February 2015
age
10
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
February 2024
previous names
N/A
accountant
REDWOODS ACCOUNTANCY SERVICES LTD
auditor
-
address
103 high street, waltham cross, EN8 7AN
Bank
-
Legal Advisor
-
parallax vr limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We did not find charges/mortgages relating to parallax vr limited.
parallax vr limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
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parallax vr limited Companies House Filings - See Documents
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