Founded in 2017, Parallel Wealth Management, classified under reg no. 10691842 is an active company. Currently registered at 7 Kings Court Newcomen Way CO4 9RA, Colchester the company has been in the business for seven years. Its financial year was closed on Sun, 31st Mar and its latest financial statement was filed on Thursday 31st March 2022. Since Thursday 22nd July 2021 Parallel Wealth Management Limited is no longer carrying the name Pape Wealth Management.
The company has 5 directors, namely Cavan H., Jonathan M. and Ione M. and others. Of them, Dominic P., Erin P. have been with the company the longest, being appointed on 27 March 2017 and Cavan H. has been with the company for the least time - from 1 April 2023. As of 26 April 2024, our data shows no information about any ex officers on these positions.
| Office Address | 7 Kings Court Newcomen Way |
| Office Address2 | Severalls Industrial Park |
| Town | Colchester |
| Post code | CO4 9RA |
| Country of origin | United Kingdom |
| Registration Number | 10691842 |
| Date of Incorporation | Mon, 27th Mar 2017 |
| Industry | Fund management activities |
| End of financial Year | 31st March |
| Company age | 7 years old |
| Account next due date | Sun, 31st Dec 2023 (117 days after) |
| Account last made up date | Thu, 31st Mar 2022 |
| Next confirmation statement due date | Wed, 10th Jul 2024 (2024-07-10) |
| Last confirmation statement dated | Mon, 26th Jun 2023 |
Position: Director
Appointed: 01 April 2023
Position: Director
Appointed: 11 June 2021
Position: Director
Appointed: 11 June 2021
Position: Director
Appointed: 27 March 2017
Position: Director
Appointed: 27 March 2017
The list of PSCs that own or have control over the company is made up of 3 names. As BizStats established, there is Twenty4 Capital Limited from Colchester, England. This PSC is classified as "a limited company" and has 25-50% shares. This PSC and has 25-50% shares. Another entity in the PSC register is Green Arbour Capital Ltd that put Cheltenham, England as the address. This PSC has a legal form of "a limited company", owns 25-50% shares, has 25-50% voting rights. This PSC owns 25-50% shares and has 25-50% voting rights. Moving on, there is Dominic P., who also fulfils the Companies House requirements to be indexed as a PSC. This PSC owns 75,01-100% shares and has 75,01-100% voting rights.
Twenty4 Capital Limited
11 De Grey Square De Grey Road, Severalls Industrial Park, Colchester, Essex, CO4 5YQ, England
| Legal authority | Companies Act 2006 |
| Legal form | Limited Company |
| Country registered | England |
| Place registered | Register Of Companies |
| Registration number | 13057187 |
| Notified on | 20 December 2020 |
| Nature of control: |
25-50% shares |
Green Arbour Capital Ltd
4 The Old Smokery Far Peak Northleach, Cheltenham, GL54 3JL, England
| Legal authority | Companies Act 2006 |
| Legal form | Limited Company |
| Country registered | England |
| Place registered | Register Of Companies |
| Registration number | 12455848 |
| Notified on | 20 December 2020 |
| Nature of control: |
25-50% voting rights 25-50% shares |
Dominic P.
| Notified on | 27 March 2017 |
| Ceased on | 20 December 2020 |
| Nature of control: |
75,01-100% shares 75,01-100% voting rights |
| Pape Wealth Management | July 22, 2021 |
| Profit & Loss | |||||||
|---|---|---|---|---|---|---|---|
| Accounts Information Date | 2017-03-31 | 2018-03-31 | 2019-03-31 | 2020-03-31 | 2021-03-31 | 2022-03-31 | 2023-03-31 |
| Net Worth | 100 | ||||||
| Balance Sheet | |||||||
| Cash Bank On Hand | 1 479 | 61 904 | |||||
| Current Assets | 10 384 | 13 401 | 32 007 | 112 161 | 157 952 | ||
| Debtors | 8 905 | 13 401 | 32 007 | 50 257 | 157 952 | 144 883 | |
| Net Assets Liabilities | -9 065 | -16 549 | -44 814 | -30 128 | 27 499 | 10 401 | |
| Other Debtors | 1 866 | 39 993 | |||||
| Property Plant Equipment | 1 534 | 1 150 | 1 645 | 2 723 | 112 590 | 92 498 | |
| Net Assets Liabilities Including Pension Asset Liability | 100 | ||||||
| Reserves/Capital | |||||||
| Shareholder Funds | 100 | ||||||
| Other | |||||||
| Accumulated Amortisation Impairment Intangible Assets | 28 547 | 156 593 | 156 593 | 253 175 | 452 181 | 695 094 | |
| Accumulated Depreciation Impairment Property Plant Equipment | 512 | 1 444 | 1 444 | 2 352 | 9 076 | 37 779 | |
| Acquired Through Business Combinations Property Plant Equipment | 1 043 | ||||||
| Additions Other Than Through Business Combinations Property Plant Equipment | 1 986 | 116 591 | 8 611 | ||||
| Average Number Employees During Period | 4 | 5 | 7 | 7 | |||
| Bank Borrowings Overdrafts | 228 715 | 700 184 | 708 806 | 723 721 | 1 892 783 | 1 596 274 | |
| Creditors | 228 715 | 700 184 | 708 806 | 723 721 | 1 892 783 | 1 596 274 | |
| Dividends Paid On Shares | 783 706 | 791 725 | |||||
| Fixed Assets | 258 454 | 784 856 | 793 370 | 767 866 | 2 233 520 | 1 887 458 | |
| Increase From Amortisation Charge For Year Intangible Assets | 33 214 | 96 582 | 199 006 | 248 587 | |||
| Increase From Depreciation Charge For Year Property Plant Equipment | 384 | 908 | 6 724 | 28 703 | |||
| Intangible Assets | 256 920 | 783 706 | 791 725 | 765 143 | 2 120 930 | 1 794 960 | |
| Intangible Assets Gross Cost | 285 467 | 845 467 | 948 318 | 1 018 318 | 2 573 111 | 2 490 054 | |
| Net Current Assets Liabilities | -38 804 | -101 221 | -129 378 | -124 273 | -291 615 | -256 826 | |
| Number Shares Issued Fully Paid | 100 | 100 | |||||
| Other Creditors | 3 585 | 2 758 | 29 773 | 43 801 | 99 159 | 5 277 | |
| Other Disposals Decrease In Amortisation Impairment Intangible Assets | 5 674 | ||||||
| Other Disposals Intangible Assets | 90 777 | ||||||
| Other Taxation Social Security Payable | 17 103 | 15 653 | 38 007 | 38 480 | 70 936 | 122 362 | |
| Par Value Share | 1 | 1 | 1 | ||||
| Property Plant Equipment Gross Cost | 2 046 | 2 046 | 3 089 | 5 075 | 121 666 | 130 277 | |
| Provisions For Liabilities Balance Sheet Subtotal | 21 623 | 23 957 | |||||
| Total Assets Less Current Liabilities | 219 650 | 683 635 | 663 992 | 693 593 | 1 941 905 | 1 630 632 | |
| Trade Debtors Trade Receivables | 8 905 | 13 401 | 32 007 | 50 257 | 156 086 | 104 890 | |
| Called Up Share Capital Not Paid Not Expressed As Current Asset | 100 | ||||||
| Number Shares Allotted | 100 | ||||||
| Share Capital Allotted Called Up Paid | 100 | ||||||
| Type | Category | Free download | |
|---|---|---|---|
| CH01 |
On Monday 8th January 2024 director's details were changed filed on: 26th, January 2024 |
officers | Free Download (2 pages) |
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