{"name":"PARAYTEC LIMITED","company_number":"05341664","status":"Active","type":"Private Limited Company","incorporated":"2005-01-25","dissolved":null,"registered_office":"Old Linen Court, 83-85 Shambles Street, Barnsley, England, S70 2SB","postcode":"S70 2SB","sic_codes":[{"code":26511,"description":"Manufacture of electronic measuring, testing etc. equipment, not for industrial process control"}],"principal_activity":null,"previous_names":[],"warnings":[],"accounts":{"category":"Total Exemption Full","year_end":"31 March","last_made_up_to":"2025-03-31","next_due":"2026-12-31"},"employees":{"count":2,"accounts_date":"2025-03-31"},"financials":[{"financial_date":"2025-03-31","cash":2322,"average_employees":2},{"financial_date":"2024-03-31","cash":7654,"average_employees":3},{"financial_date":"2023-03-31","cash":43780},{"financial_date":"2022-03-31","cash":36834},{"financial_date":"2021-03-31","cash":2628}],"officers":{"current":5,"resigned":11,"complete":true,"note":"Names and details of individual officers are on the People page (subscriber-only on this site) and free at Companies House."},"charges":{"total":2,"outstanding":2},"gazette_notices":[],"insolvency_outcome":null,"ai_summary":"Paraytec Limited presents a HIGH risk profile characterized by deep insolvency and a critical liquidity shortfall, with net liabilities of £1.5 million and cash reserves of just £2,322. The company's continuation as a going concern is entirely dependent on the ongoing financial support of its parent, Truetide plc, which has funded operations via repayable loans. While regulatory filings are current and product development continues, the business remains fundamentally unsustainable without external subsidy, necessitating close scrutiny of the parent company's capacity and willingness to provide continued funding.","website":"http://www.paraytec.co.uk","links":{"page":"https://www.companiesintheuk.co.uk/ltd/paraytec","people":"https://www.companiesintheuk.co.uk/company/paraytec/people","filing_history":"https://www.companiesintheuk.co.uk/company/paraytec/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/05341664","financials":"https://www.companiesintheuk.co.uk/company/paraytec/financial","control":"https://www.companiesintheuk.co.uk/company/paraytec/control","charges":"https://www.companiesintheuk.co.uk/company/paraytec/charges","ai_analysis":"https://www.companiesintheuk.co.uk/company/paraytec/analysis"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/paraytec"}