Paragon Quality Foods Ltd

Paragon Quality Foods Ltd, based in Doncaster, UK, is a large, holding company with an active status. Founded 29 years ago in 1996, the company employs 111 people and holds assets valued at £16,756,529. It has a real address, is managed by one director and owned by one individual, and boasts a respectable Google rating of 4.0 based on 19 reviews. The company regularly imports meat and edible meat offal, with a consistent history of 102 months of imports.

Paragon Quality Foods is primarily a manufacturer of beef burgers and other meat products, operating a foodservice division that sources products from factories across Europe and Thailand. The company’s website highlights its diverse range of products, including halal and non-halal beef burgers, kebabs, coated chicken, and bespoke offerings. It even has a separate Paragon Foodservice division with its own address and contact details. The site emphasizes trusted quality, service, and partnerships, and the company’s factory is BRCGS AA grade accredited, a testament to its commitment to quality and consistency. The website also has a section for high-end piano restoration, which is a surprising addition to the meat products business.

Financially, Paragon Quality Foods Ltd shows some concerning trends. While comprehensive income increased by a substantial 240%, bank borrowings have increased significantly, reaching £40,000. Cash reserves have decreased by 55%, dropping to £9,100, which could indicate a need for careful cash flow management. Creditors have remained relatively stable, but the substantial increase in administrative expenses—a 5.6% rise—suggests increased overhead costs. The company’s employee count has increased by 6.3%, which may be a response to growing demand or an investment in future growth. The company’s auditor, Sedulo Audit Limited, conducted an audit, and the financial statements are compliant with FRS 102. It seems like the company is growing, but it’s burning through cash at a faster rate than it’s generating it, which could be a cause for concern.

Registered in England/Wales under the registration number 03155362, with a registered address at DN3 3FB, Doncaster, South Yorkshire, Paragon Quality Foods Limited Yorkshire Way, Armthorpe.

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