Paragon Glass Services Ltd

Paragon Glass Services Ltd, based in Enfield, UK, is a small, active company founded 27 years ago. Employing 26 people, the business holds £571,965 in assets and operates from a real address. While there are two directors, no owners are listed, and the company runs an e-commerce site with a respectable 4.0 Google rating from six reviews. It’s an irregular importer, primarily dealing in machinery, boilers, and mechanical appliances parts, with recent import activity recorded just one month ago. The company manufactures doors and windows of metal industries.

The company’s website, salespricerite.co.uk, showcases a wide range of products, including uPVC, timber, and aluminium windows and doors, as well as conservatories. It serves customers across Middlesex and South East England, emphasizing quality, expertise, and efficiency. The site highlights its long history, starting as a traditional glazier, and now offering a full range of home improvement services. It’s clear the business is focused on providing high-quality, bespoke products and services directly to homeowners.

Financially, Paragon Glass Services Ltd presents a mixed picture. While current assets increased significantly to £570,000, net assets declined to -£270,000. Cash bank on hand has fallen dramatically to just £960, and bank borrowings have increased, suggesting the company is relying more on debt financing. Creditors have also increased substantially, although the company's debts are manageable. The company meets the criteria for a small business, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. There is no mention of an auditor, which is typical for small, exempt companies.

Overall, Paragon Glass Services Ltd seems to be navigating a challenging financial landscape. The increase in debt and decrease in equity raise questions about its long-term sustainability, but the company’s established presence, wide product range, and positive customer reviews suggest it has the potential to weather these pressures.

Registered in England/Wales under the registration number 03395011, with a registered address at EN3 4AA, England, Enfield, Unit 6 318 Lincoln Road.

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