Paradigm Marketing Limited

Paradigm Marketing Ltd from Ross On Wye UK: a small company with an active status, was founded 30 years ago. It employs two people and holds £43,928 in assets, operating from a real address with two directors and two owners. The company is a regular importer of basic metal tools and utensils, with four months of import activity recorded, the last in October 2019.

The company operates in the retail sale via mail order houses or via internet, and provides management consultancy activities other than financial management. It’s a small company, meeting two of three conditions: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees. The last reported current assets is £44,000.

Financially, Paradigm Marketing Ltd shows some concerning trends. Accumulated depreciation on computer equipment increased by 2.5%, but plant machinery saw a significant 27.0% decrease. Bank borrowings dropped by 9.1%, and cash reserves fell 28.0% to £460. Creditors increased slightly, while debtors saw a 25.0% decrease. Equity plummeted 7.1%, leaving net assets at -£200,000. The company’s small size helps it remain agile, but the significant equity decline raises questions. There’s no auditor mentioned, likely due to the company’s exemption as a small company.

The company’s financial statements are unaudited and prepared in accordance with FRS 102. The director acknowledges his responsibilities for complying with the Companies Act 2006. The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Registered in England/Wales under the registration number 03039435, with a registered address at HR9 6NT, United Kingdom, Ross On Wye, Herefordshire, Biddlestone, Llangarron.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.