Back to search

Paramount 21 Limited

02295454

active
Private Limited Company
Companies House
Health Score
62 / 100

Some Concerns

30/30
Filing
0/30
Financial
32/40
Risk
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 4 outstanding charges (-8)

Details

OLD NEWTON ROAD, NEWTON ABBOT, TQ12 6RA
Incorporated 13/09/1988

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

10890
Manufacture of other food products

Officers

Mrs Alison Bernadette Hannaford

director · Since 09/07/1991

DIRECTOR

BRITISH · ENGLAND · Age 65

Also on 3 other boards

Mr Jonathan Edward Phillips

director · Since 01/07/2004

MANAGING DIRECTOR

ENGLISH · ENGLAND · Age 56

Also on 1 other board

Mr Paul Hannaford

director · Since 01/03/2005

DIRECTOR

BRITISH · ENGLAND · Age 68

Mr Philip James Wilkinson Obe

director · Since 01/08/2012

NON-EXECUTIVE DIRECTOR

ENGLISH · ENGLAND · Age 72

Mr Joshua George Hannaford

director · Since 21/05/2014

CHAIRMAN

BRITISH · ENGLAND · Age 38

Mr Jacob Devon Hannaford

director · Since 01/08/2017

DIRECTOR

BRITISH · ENGLAND · Age 36

Also on 1 other board

Ms Jennifer Jane Kenyon

director · Since 17/12/2020

DIRECTOR

BRITISH · ENGLAND · Age 39

Miss Helen Morris

director · Since 17/12/2020

INNOVATION & TECHNICAL DIRECTOR

BRITISH · ENGLAND · Age 46

Mr Jacob Devon Hannaford

secretary · Since 01/06/2023

Also on 1 other board

Mrs Kirstie Louise Hichens

director · Since 08/07/2024

SALES DIRECTOR

BRITISH · ENGLAND · Age 50

Also on 2 other boards

Mr Adam Pudney

director · Since 01/11/2024

PRODUCTION DIRECTOR

BRITISH · ENGLAND · Age 38

Persons with Significant Control

Mrs Alison Bernadette Hannaford

25–50% shares

British · England · Age 65

Old Newton Road, Newton Abbot, TQ12 6RA

Notified 01/11/2016

Mr Paul Hannaford

25–50% shares

British · England · Age 68

Old Newton Road, Newton Abbot, TQ12 6RA

Notified 01/11/2016

Charges4 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 09/12/2022Registered 09/12/2022
Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 04/06/2020Registered 17/06/2020Satisfied 20/04/2023
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 21/05/2020Registered 26/05/2020
Charge
satisfied

THE TRUSTEES OF THE PARAMOUNT 21 EXECUTIVE PENSION SCHEME BEING JOSHUA GEORGE HANNAFORD · JACOB DEVON HANNAFORD · ALISON BERNADETTE HANNAFORD · PAUL HANNAFORD · THERE ARE MORE THAN FOUR PERSONS ENTITLED

Created 13/12/2019Registered 19/12/2019Satisfied 10/12/2024
Charge
satisfied

LLOYDS BANK PLC

Created 29/01/2014Registered 01/02/2014Satisfied 18/06/2020
Charge
satisfied

LLOYDS BANK PLC

Created 23/12/2013Registered 03/01/2014Satisfied 02/07/2020
Charge
outstanding

HSBC INVOICE FINANCE (UK) LTD

Created 14/05/2013Registered 14/05/2013
charge
satisfied

HSBC ASSET FINANCE (UK) LIMITED AND HSBC EQUIPMENT FINANCE (UK) LTD

Created 12/05/2011Registered 14/05/2011Satisfied 14/07/2014
charge
satisfied

HSBC ASSET FINANCE (UK) LTD & HSBC EQUIPMENT FINANCE (UK) LTD

Created 02/07/2010Registered 03/07/2010Satisfied 14/11/2013
charge
outstanding

HSBC INVOICE FINANCE (UK) LIMITED (THE SECURITY HOLDER)

Created 10/08/2007Registered 21/08/2007
charge
satisfied

HSBC BANK PLC

Created 15/11/2006Registered 23/11/2006Satisfied 07/10/2014
charge
satisfied

FORWARD TRUST LIMITED · FORWARD TRUST GROUP LIMITED

Created 26/08/1999Registered 26/08/1999Satisfied 14/03/2008
charge
satisfied

GRIFFIN CREDIT SERVICES LIMITED

Created 14/10/1998Registered 16/10/1998Satisfied 14/11/2013
charge
satisfied

GRIFFIN CREDIT SERVICES LIMITED

Created 28/10/1997Registered 31/10/1997Satisfied 14/11/2013
charge
satisfied

MIDLAND BANK PLC

Created 15/12/1994Registered 21/12/1994Satisfied 07/10/2014
charge
satisfied

DEVON COUNTY COUNCIL

Created 15/06/1990Registered 27/06/1990Satisfied 14/03/2008
charge
satisfied

MIDLAND BANK PLC

Created 30/05/1989Registered 05/06/1989Satisfied 07/10/2014

CompanyRankvs 828+ SIC 10890 peers
47

Financial strength96th percentile among SIC peers · 24/25
Employees47th percentile among SIC peers · 7/15
LiquidityCurrent ratio 1× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
Show leaderboard
How is this score calculated?
Financial strength24/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees7/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to

Key FinancialsYear ending 31/10/2025

Net Worth

£2.1M

Balance sheet strength

Cash

£8k

Cash in the bank

Profit Before Tax

-£392k

Bottom line earnings

Net Current Assets

-£2k

Working capital

Current Assets

£4.3M

Current Liabilities

£4.3M

Fixed Assets

£3.4M

Debtors

£2.7M

Admin Expenses

£2.6M

Profit After Tax

-£337k

1avg. employees-87

Tax at Year End

Corp tax£609
Dividends paid£100k

People Costs

Wages & salaries£3.9M

Balance Sheet

Bank loans & overdrafts£952k
Assets less current liabilities£3.4M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20251.00-£337k
20241.18-£267k
20191.09

Derived from filed accounts. Not audited figures.