PARSEQ LIMITED

• ◆

  4 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

Sumer Auditco Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“After making enquiries, the directors have a reasonable expectation that the company and group have adequate resources to continue in operational existence for the foreseeable future. The Company and group's forecasts and projections, taking account of reasonably possible changes in trading performance, show that the company and group should be able to meet its liabilities as they fall due. These have additionally been sensitised to assess any impact from a shortfall in business performance. The company and group therefore continue to adopt the going concern basis in preparing its financial statements.”

Group structure

1. PARSEQ LIMITED · parent
   1. Parseq (Hellaby) Limited 100% · England and Wales · Dormant
   2. DMR Connect Limited 100% · England and Wales · Provision of debt collection services
   3. Parseq Services Limited 100% · England and Wales · Dormant
   4. Parseq Bulgaria EOOD 100% · Bulgaria · Provision of back-office processing
   5. The TALL Group of Companies Limited 100% · England and Wales · Security print production & services
   6. T.A.L.L Security Print Limited 100% · England and Wales · Security print production & services
   7. DLRT Limited 100% · Northern Ireland · Security print production & services
   8. Checkprint Limited 100% · England and Wales · Security print production & services
   9. Parseq India Private Limited 95% · India · Dormant
   10. Parseq Asia Limited 100% · England and Wales · Holding company
   11. Parseq Asia Private Limited 100% · England and Wales · Provision of back-office processing

Significant events

• “The business completed the acquisition in December 2022 of The Tall Group, a secure printing provider based in the UK and Ireland. It also completed the acquisition in January 2023 of Column Software, an India based company specialising in IT services. Parseq successfully undertook the operational and managerial integration of the acquired businesses under the Parseq brand in the first half of 2024. This included the rationalisation of the number of UK sites and operational delivery costs to achieve an efficient and cohesive operational group platform whilst maintaining high levels of customer service. The acquisitions provide material growth for the group and increased annualised revenue to £24m in 2024.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

20

last 12 months

Capital events

0

last 24 months

Officers appointed

4

last 12 months

Officers resigned

4

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.