Paragon Power Services Limited

Paragon Power Services Ltd from Glasgow UK: a small holding company with an active status, was founded 17 years ago. It employs 14 people and holds £1,002,707 in assets. The company has a real address, is managed by one director and one owner, and enjoys a perfect 5.0 Google rating based on just two reviews. It's an irregular importer of electrical machinery and equipment, with just one month of imports recorded.

The company’s website highlights its role as a premier temporary power provider in Scotland. It offers a range of generators, distribution equipment, cable hire, and lighting solutions, catering to event organizers, construction sites, and industrial clients. Services include dry hire, equipment installation, fuel management, and bespoke power solutions. The website even has a section for clients and a sign-up for news events.

Financially, Paragon Power Services Ltd shows some interesting trends. Property plant equipment increased by 39%, a good sign of investment, but cash reserves fell 42% to £370,000. Bank borrowings decreased, and creditors increased by 37%, which might indicate a need for better cash flow management. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows it to be flexible, but the increase in creditors is something to watch. The company’s net assets increased by 20%, a positive sign, and the company’s equity increased by 20% as well. There is no auditor mentioned, which is likely due to its small size and exemption from an audit.

Registered in Scotland under the registration number SC340918, with a registered address at G74 5HG, Scotland, Glasgow, 29 James Watt Place, East Kilbride.

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