Paragon International Limited

Paragon International Limited, based in Skelmersdale, UK, is a small, active company founded nineteen years ago in 2005. With twenty-four employees and £1,027,085 in assets, it operates from a real address and is led by four directors and a solo founder, Stanley Amanda Jane. The company is irregular importer of plastics and plastic products, with its last import operation occurring two months ago in November 2023.

The company’s primary focus is insurance broking, operating under the name Paragon International Insurance Brokers. Its website details a range of services, including cyber, tech, media, healthcare, and professional indemnity insurance. They cater to various sectors, such as financial services, legal, and technology, offering bespoke solutions for organizations of all sizes. The website also highlights a commitment to client relationships, providing personalised service and expert risk management advice. They even have a showroom in Harrods, London.

Financially, Paragon International Limited presents a mixed picture. Property plant and equipment decreased by 35%, while bank borrowings increased by 2,400%, reaching £29,000. Cash reserves fell 30% to £28,000. On the positive side, creditors decreased by 18%, suggesting better debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the sharp equity drop raises questions. No auditor is mentioned, likely due to its small size and exemption from an audit.

Despite the financial challenges, Paragon’s focus on specialist insurance broking and its strong network of contacts suggest a resilient business model. The company's rebranding to Price Forbes, part of the Ardonagh Group, indicates a strategic move to expand its capabilities and reach a broader market.

Registered in England/Wales under the registration number 05547803, with a registered address at WN8 9PL, England, Skelmersdale, 7 Paddock Road.

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