Paragonvet Limited

Paragonvet Limited, based in Carlisle, UK, is a small, active company established 22 years ago. With 74 employees and £1,574,421 in assets, it operates from a real address and is overseen by five directors, though no owners are officially listed. The company regularly imports optical and medical tools and devices—a consistent activity over the last 14 months—and occasionally exports animal-based products, with just two months of export activity recorded.

The company’s website reveals a specialized veterinary referral centre, Paragon Referrals, catering to cases referred by other vets. It offers a wide range of services, including cardiology, ophthalmology, orthopaedics, and intensive care, and boasts a team of specialists. The site emphasizes its commitment to excellence and state-of-the-art facilities, including RCVS awards and a cat-friendly clinic. It’s clear that the referral service is a core element of Paragonvet’s operations, attracting clients across the UK.

Financially, Paragonvet Limited presents a mixed picture. While average employee numbers increased by 9.5% to 81, cash bank on hand decreased by 27% to £300,000. Bank borrowings saw a significant surge, increasing by 160% to £89,000, which could indicate investment or working capital needs. Creditors also rose by 7.7% to £950,000, suggesting increased supplier obligations. Net assets, however, increased by 13% to £1,900,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the rise in borrowings warrants attention. The accounts are unaudited, likely due to the company’s status as a small entity, and no auditor is mentioned.

Overall, Paragonvet Limited appears to be a thriving veterinary referral service, but the financial data suggests a need to carefully manage its debt and maintain a strong cash position to support its operations.

Registered in England/Wales under the registration number 04464469, with a registered address at CA5 7JF, Carlisle, Cumbria, Carlisle House, Townhead Road Dalston.

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