Paragon Star Ltd

Paragon Star Ltd from Hoddesdon UK is a small, active company founded six years ago. With a single employee and £60,056 in assets, it operates from a real address and is led by two directors and a solo founder. The company runs an e-commerce site and enjoys a stellar 5.0 Google rating based on 80 reviews. It's an irregular importer of iron or steel products, with just one month of imports recorded as of June 2024.

The company specializes in 3D-printed miniature models, tabletop gaming accessories, and unique gifts. Its website showcases a wide range of products, from detailed miniatures and terrain to dice, notebooks, and custom printing services. It seems they cater to a niche market of tabletop gaming enthusiasts, offering both ready-made models and bespoke printing options. They also have a partnership with Rocket Pig Games, selling their collection of miniatures.

Financially, Paragon Star Ltd shows some concerning trends. Current assets have fallen by 35% to £60,000, while net assets have dropped 31% to £27,000. Bank borrowings have decreased by 22%, and cash reserves have fallen by 42% to £7,100. Creditors have also decreased, suggesting better debt management. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of an auditor is typical for a small company, and the figures are unaudited.

The decrease in cash reserves and net assets is a bit worrying, suggesting the company might be burning through money. However, the strong Google rating and the niche market it serves could provide a buffer against these challenges. It's possible that the company is reinvesting in its business, but the declining financial metrics warrant close monitoring.

Registered in England/Wales under the registration number 11847937, with a registered address at EN11 9FF, United Kingdom, Hoddesdon, Herts, 16 Christian Close.

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