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Paragon Cars London Limited

07487219

active
Private Limited Company
england wales
Companies House
Health Score
83 / 100

Healthy

25/30
Filing
20/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • 1 outstanding charge (-2)

Details

2ND FLOOR, HYGEIA HOUSE, HARROW, HA1 1BE
Incorporated 10/01/2011

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 10/01/2026

Due 24/01/2027

On track

Industry

45111
Sale of new cars and light motor vehicles
45112
Sale of used cars and light motor vehicles

Officers

Mr Hitesh Patel

director · Since 10/01/2011

DIRECTOR

BRITISH · UNITED KINGDOM · Age 68

Also on 1 other board

Mr Sheil Hitesh Patel

director · Since 10/02/2011

DIRECTOR

BRITISH · UNITED KINGDOM · Age 36

Also on 2 other boards

Persons with Significant Control

Mr Hitesh Patel

25–50% shares
25–50% votes

British · United Kingdom · Age 68

2nd Floor, Hygeia House, 66 College Road, Harrow, HA1 1BE

Notified 06/04/2016

Mrs Sangita Hitesh Patel

25–50% shares
25–50% votes

British · United Kingdom · Age 64

2nd Floor, Hygeia House, 66 College Road, Harrow, HA1 1BE

Notified 06/04/2016

Mr Sheil Patel

25–50% shares
25–50% votes

British · United Kingdom · Age 36

2nd Floor, Hygeia House, 66 College Road, Harrow, HA1 1BE

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

HSBC BANK PLC

Created 12/02/2014Registered 14/02/2014

CompanyRankvs 262+ SIC 45111 peers
71

Financial strength78th percentile among SIC peers · 20/25
Employees71th percentile among SIC peers · 11/15
LiquidityCurrent ratio 4.22× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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262Paragon Cars London Limited
81
How is this score calculated?
Financial strength20/25 pts

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

Employees11/15 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.

Risk deductions

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/12/2024

Net Worth

£554k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£557k

Working capital

Current Assets

£730k

Current Liabilities

£173k

Fixed Assets

£2k

Debtors

£11k

4avg. employees

Tax at Year End

Corp tax£21k

Balance Sheet

Assets less current liabilities£559k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20244.22+£77k
20232.53+£74k
20222.98+£121k
20212.82+£181k
20201.71+£88k
20194.49+£11k
20181.41—

Derived from filed accounts. Not audited figures.