PAREL LIMITED

🏛️Establishedactive

NI666843 · ltd · incorporated 2020-01-08

Investment thesis

Established operating company — standard diligence applies, no dominant angle.

Why interesting: Live, filing, normal profile.

Why risky: No standout signals in either direction.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Jan 2025

Net worth

—

book net assets

Opportunity

72/100

Strong

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What this business does

Primary activity: SIC 99999

Sector: Extraterritorial bodies

Investor take

Pursue

Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 72/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (58/100).

Data confidence

Overall: medium (78/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile

address, 1 SIC codes, incorporation date

100

Financials

2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed

Lenders & charges

Confirmed no charges registered

Directors & officers

2 officers (2 active, 2 linked, 2 with DOB)

Ownership & PSC

2 active PSC(s) of 2 total, 2 with control declared

Director network

Network not yet resolved

Filing history

12 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

72/100Strong

PassWatchWorth a lookStrongExceptional

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality

Adequate — check latest filings for context.

Acquirability

Some acquirability indicators.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

—

Current Assets

—

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102

Metric	2025-01-31	2024-01-31

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

Recent activity

Last 30 days

filings

Last 90 days

filing

• 1 confirmation-statement

Last 180 days

filing

• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (9 events)Click to expand

2025-10-20
📄
accounts-with-accounts-type-dormant
accounts · AA
2024-08-13
📄
accounts-with-accounts-type-dormant
accounts · AA
2023-06-07
📄
accounts-with-accounts-type-dormant
accounts · AA
2022-05-19
📄
accounts-with-accounts-type-dormant
accounts · AA
2021-06-16
📄
accounts-with-accounts-type-dormant
accounts · AA
2020-01-08
🏢
Company incorporated
As PAREL LIMITED
2020-01-08
➕
FORBES, Conor appointed
director
2020-01-08
➕
FORBES, Shea appointed
director
2020-01-08
📄
incorporation-company
incorporation · NEWINC

Owner dependency

71/100

High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS

+Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
+No director turnover: Company is 6 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

36/100

Weak signal

Limited succession signal. Not a near-term off-market candidate.

SIGNALS

secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

clean

No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

2 active beneficial owners

Name	Shares	Voting rights	Nature of control	Notified
Conor Forbes Individual · Irish · DOB 06/1975 · age 51	25–50%	25–50%	25-50% shares · 25-50% voting	08/01/2020
Shea Forbes Individual · Irish · DOB 08/1981 · age 45	25–50%	25–50%	25-50% shares · 25-50% voting	08/01/2020

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

Similar companies

Active · Other · BT postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
AME (NI) LIMITED→ NI067369 · est 2007	—	—	—	—	18y	83	70y
ANNALONG COMMUNITY DEVELOPMENT ASSOCIATION LIMITED→ NI029070 · est 1994 · no financials extracted	—	—	—	—	31y	83	63y
BELFAST CITY VINEYARD CHURCH→ NI060526 · est 2006	—	—	£1.29M	—	19y	83	74y
BRACKAGHREILLY AND DISTRICT COMMUNITY ASSOCIATION LIMITED→ NI044042 · est 2002 · no financials extracted	—	—	—	—	23y	83	84y
BROUGHSHANE & DISTRICT COMMUNITY ASSOCIATION LIMITED→ NI010840 · est 1975 · no financials extracted	—	—	—	—	50y	83	86y
CLEENISH RENEWAL CO LTD - THE→ NI059605 · est 2006	—	—	£12.8k	—	19y	83	73y
COA COMMUNITY GROUP→ NI604118 · est 2010	—	—	£4.5k	—	15y	83	76y
CONNECT CHRISTIAN FELLOWSHIP→ NI053634 · est 2005	—	—	£330.3k	—	21y	83	77y
CROMAC REGENERATION INITIATIVE C.I.C.→ NI604163 · est 2010 · no financials extracted	—	—	—	—	15y	83	67y
DENROY PLASTICS LIMITED→ NI012112 · est 1977 · no financials extracted	—	—	—	—	48y	83	77y
DROMBOUGHIL COMMUNITY ASSOCIATION→ NI047312 · est 2003	—	—	—	1	22y	83	73y
FALLS COMMUNITY COUNCIL LIMITED→ NI041704 · est 2001 · no financials extracted	—	—	—	—	24y	83	81y

Peers ranked by estimated value, then turnover, then opportunity score.See all →

🔒Tailored diligence questions

6 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.

Available from the Pro tier upwards.

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🔒Advanced scoring suite

Exit-route ranking, improvement thesis, quiet-distress detector, covenant-pressure proxy, extraction monitor, approaching triggers, ownership drift, local cluster, value trap, debt capacity, archetype classification — 48+ scoring modules.

Available from the Pro tier upwards.

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Company details

Statusactive

Typeltd

Incorporated2020-01-08

Jurisdictionnorthern-ireland

Primary SIC99999 — SIC 99999

Registered office

Units 7 & 8 Ardboe Business Park

Kilmascally Road

Ardboe

BT71 5BJ

Northern Ireland

Filing status

Accounts

Next due: 2026-10-31

Last made up to: 2025-01-31

Confirmation statement

Next due: 2027-01-21

Last: 2026-01-07

Officers (2 active · 0 resigned)

FORBES, Conor→

director · ~51y · appointed 2020-01-08

View their other companies + combined net worth →

Active

FORBES, Shea→

director · ~45y · appointed 2020-01-08

View their other companies + combined net worth →

Active

Click a director name to see their full track record across all companies.