Paragon Technology Solutions Limited

Paragon Technology Solutions Limited, based in Melksham, UK, is a small, active company founded sixteen years ago in 2008. With a real address and a Google rating of 5.0 (based on three reviews), it employs just one person and is led by a single director and owner. The company is an irregular importer, primarily dealing with electrical machinery and equipment, with its last import operation recorded one month ago.

The company’s website highlights its focus on designing, installing, and commissioning robust audio-visual and home automation solutions. It caters to technology needs, offering services like home cinema setups, home networks, home security, home entertainment, and home illumination. The site also promotes its services for design, installation, and commissioning, encouraging potential clients to contact them for a consultation. It's clear they're targeting a higher-end market, offering bespoke solutions.

Financially, Paragon Technology Solutions Limited presents a mixed picture. Fixed assets decreased slightly by 5.1% to £20,000, while net assets liabilities fell significantly by 71.0% to just £710. Prepayments and accrued income saw a healthy 26.0% increase, but provisions for liabilities also decreased by 5.1%. Despite being a small company (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), the decline in net assets is concerning. The accounts are unaudited, a common exemption for small companies.

Overall, Paragon Technology Solutions Limited appears to be holding its own, but the sharp decrease in net assets warrants attention. The company's focus on high-end audio-visual solutions suggests a premium service, but the financial data hints at potential pressures.

Registered in England/Wales under the registration number 06671595, with a registered address at SN12 6LS, Melksham, Wiltshire, 1st Floor, 11 Church Street.

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