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Paragon Simulation Services Limited

02695731

active
Private Limited Company
england wales
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

3 MILFORD ROAD, BIRMINGHAM, B17 9RL
Incorporated 10/03/1992

Compliance

Last accounts

30/09/2024

total exemption full

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 10/03/2026

Due 24/03/2027

On track

Industry

62020
Information technology consultancy activities

Officers

Mr Vinod Bhatia

secretary · Since 10/08/1992

COMPUTER MANAGER

BRITISH · UNITED KINGDOM · Age 66

Also on 9 other boards

Mr Vinod Bhatia

director · Since 10/08/1992

COMPUTER MANAGER

BRITISH · UNITED KINGDOM · Age 66

Also on 9 other boards

Mr Philip Neil Higton

director · Since 10/08/1992

COMPUTER CONSULTANT

BRITISH · ENGLAND · Age 66

Also on 1 other board

Persons with Significant Control

Mr Vinod Bhatia

25–50% shares
25–50% votes
Appoint directors
significant-influence-or-control-as-firm

British · United Kingdom · Age 66

3 Milford Road, Birmingham, B17 9RL

Notified 06/04/2016

Mr Philip Neil Higton

25–50% shares
25–50% votes
Appoint directors
significant-influence-or-control-as-firm

British · England · Age 66

3 Milford Road, Birmingham, B17 9RL

Notified 06/04/2016

Charges0 outstanding

charge
satisfied

LADBROKE (RENTALS) LIMITED

Created 27/03/2006Registered 05/04/2006Satisfied 20/06/2019

CompanyRankvs 14089+ SIC 62020 peers
73

Financial strength37th percentile among SIC peers · 9/25
Employees90th percentile among SIC peers · 14/15
LiquidityCurrent ratio 117.03× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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14089Paragon Simulation Services Limited
73
How is this score calculated?
Financial strength9/25 pts

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

Employees14/15 pts

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

Liquidity20/20 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.

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

Key FinancialsYear ending 30/09/2024

Net Worth

£160

Balance sheet strength

Cash

£94k

Cash in the bank

Net Current Assets

£191k

Working capital

Current Assets

£193k

Current Liabilities

£2k

Fixed Assets

£2k

Debtors

£99k

3avg. employees

Tax at Year End(2020)

Corp tax£36

Balance Sheet

Assets less current liabilities£193k
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
2024117.03
2023112.27
20227.16
202149.12
202021.02
201942.76
201817.42

Derived from filed accounts. Not audited figures.