PARAGON ASSET FINANCE LIMITED
Get an alert when PARAGON ASSET FINANCE LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Next accounts due
2027-06-30 (in 1y)
Last filed for 2025-09-30
Confirmation statement due
2027-02-25 (in 9mo)
Last made up 2026-02-11
Watchouts
None on the register
Cash
£9M
+3.8% vs 2024
Net assets
£151M
+3.8% vs 2024
Employees
0
Average over period
Profit before tax
—
Period ending 2025-09-30
Name history
Renamed 7 times since incorporation
- PARAGON ASSET FINANCE LIMITED 2017-10-06 → present
- PARAGON BANK ASSET FINANCE LIMITED 2016-01-27 → 2017-10-06
- FIVE ARROWS LEASING GROUP LIMITED 2015-11-25 → 2016-01-27
- PARAGON ASSET FINANCE LIMITED 2015-11-03 → 2015-11-25
- FIVE ARROWS LEASING GROUP LIMITED 1998-09-25 → 2015-11-03
- NEW COURT FINANCE LIMITED 1996-05-29 → 1998-09-25
- OKO FINANCE LIMITED 1988-07-25 → 1996-05-29
- PLUSRARE LIMITED 1987-11-06 → 1988-07-25
Net assets
2-year trend · vs Financials median
Accounts
2-year trend · latest reflected 2025-09-30
| Metric | Trend | 2024-09-30 | 2025-09-30 |
|---|---|---|---|
| Turnover | £39,871,000 | £43,754,000 | |
| Operating profit | £8,344,000 | £7,129,000 | |
| Profit before tax | — | — | |
| Net profit | £6,562,000 | £5,538,000 | |
| Cash | £8,613,000 | £8,942,000 | |
| Total assets less current liabilities | £145,731,000 | £151,269,000 | |
| Net assets | £145,731,000 | £151,269,000 | |
| Equity | £145,731,000 | £151,269,000 | |
| Average employees | 0 | 0 | |
| Wages | — | — |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-09-30 | 2025-09-30 |
|---|---|---|---|
| Operating margin | 20.9% | 16.3% | |
| Net margin | 16.5% | 12.7% | |
| Return on capital employed | 5.7% | 4.7% | |
| Gearing (liabilities / total assets) | 83.6% | 84.0% | |
| Current ratio | 1.15x | 1.14x | |
| Interest cover | 0.25x | 0.19x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- KPMG LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“After considering the Company's position, the economic environment and the forecasts described above, the directors have a reasonable expectation that the Company will have adequate resources to continue in operational existence for the foreseeable future.”
Group structure
- PARAGON ASSET FINANCE LIMITED · parent
- Paragon Technology Finance Limited 100%
- Premier Asset Finance Limited 100%
- Homer Management Limited 100%
- Lease Portfolio Management Limited 100%
- Specialist Fleet Services Limited 100%
- Paragon Business Finance Plc 100%
- Collett Transport Services Limited 100%
- Paragon Commercial Finance Limited 100%
Significant events
- “The longer-term results of the policies being adopted by the UK government elected in 2024, and the fiscal and economic measures announced in its October 2024 budget have yet to become clear, and there have been a number of significant leadership changes in major economies in the past twelve months which have the potential to impact on the global outlook.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 29 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ALLEN, Keith Graham | Director | 2017-04-28 | Jul 1972 | British |
| NEWCOMBE, David | Director | 2019-10-21 | Jun 1967 | British |
| PHILLIPOU, John Edward | Director | 2019-10-21 | May 1972 | British |
| WOODMAN, Richard James | Director | 2019-10-21 | May 1965 | British |
Show 29 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| DAVIES, Philip Geoffrey | Secretary | 1994-01-21 | 2014-08-20 |
| GRACE, Paul John | Secretary | — | 1993-12-24 |
| LACEY, Andrew | Secretary | 2014-08-20 | 2019-10-31 |
| SHARP, Pandora | Secretary | 2019-10-31 | 2020-06-01 |
| AISH, Malcolm Roger | Director | 1996-05-21 | 2003-12-31 |
| BEATHAM, Glenn | Director | 1996-05-21 | 2008-04-24 |
| COLEMAN, Christopher Lewis | Director | 2008-04-01 | 2015-11-03 |
| DAVIES, Philip Geoffrey | Director | 1996-05-21 | 2016-06-03 |
| DOE, Richard John | Director | 2015-11-03 | 2019-09-30 |
| GENEEN, Samuel | Director | — | 2014-09-30 |
| HAKOLA, Jussi-Pekka | Director | — | 1996-05-21 |
| JORDAN, Kari Alpo Erik | Director | — | 1994-10-19 |
| JURMU, Arja Helena | Director | 1995-06-12 | 1996-05-21 |
| KEAY, Charles Robert | Director | 1996-05-21 | 2008-03-31 |
| KIRK, Simon John | Director | 2000-01-21 | 2017-04-28 |
| KYLMANEN, Seppo Olavi | Director | — | 1991-03-14 |
| LEITCH, Gary Andrew, Mr. | Director | 2016-08-01 | 2019-10-04 |
| LUFF, John Douglas | Director | 1996-05-21 | 2011-02-07 |
| PALOSUO, Arhi | Director | — | 1993-03-12 |
| PEARCE, Nigel | Director | 2015-04-21 | 2017-01-27 |
| SHELTON, Richard Dominic | Director | 2019-10-21 | 2021-02-03 |
| SILVENNOINEN, Erkki Mikael | Director | 1995-03-15 | 1996-05-21 |
| SKON, Sven Erik | Director | — | 1992-12-11 |
| SMITHSON, Andrew Kinnear | Director | 2015-11-03 | 2017-04-28 |
| STONE, Roger Harold | Director | 2013-10-22 | 2015-11-03 |
| SUTTON, Christopher | Director | 2016-04-01 | 2018-10-01 |
| SWEETLAND, Robert James | Director | 2016-08-01 | 2017-04-28 |
| TUCKWELL, Paul Hamilton | Director | 2003-12-24 | 2006-01-26 |
| TURUNEN, Tuomo Kalevi | Director | 1992-12-11 | 1995-06-12 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Paragon Bank Plc | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 228 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-12-21 MA Memorandum articles
- 2025-12-21 RESOLUTIONS Resolution
- 2021-10-04 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-10 | AA | accounts | Accounts with accounts type full | |
| 2026-02-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-01-26 | CH01 | officers | Change person director company with change date | |
| 2025-12-21 | MA | incorporation | Memorandum articles | |
| 2025-12-21 | RESOLUTIONS | resolution | Resolution | |
| 2025-02-28 | AA | accounts | Accounts with accounts type full | |
| 2025-02-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-02-13 | AD02 | address | Change sail address company with old address new address | |
| 2024-02-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-02-15 | AA | accounts | Accounts with accounts type full | |
| 2023-02-16 | AA | accounts | Accounts with accounts type full | |
| 2023-02-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-02-11 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-02-08 | AA | accounts | Accounts with accounts type full | |
| 2021-10-04 | SH01 | capital | Capital allotment shares | |
| 2021-10-04 | RESOLUTIONS | resolution | Resolution | |
| 2021-03-16 | AA | accounts | Accounts with accounts type full | |
| 2021-02-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-02-03 | TM01 | officers | Termination director company with name termination date | |
| 2020-06-09 | TM02 | officers | Termination secretary company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2024 → FY2025 · period ending 2025-09-30 vs 2024-09-30
-
Turnover
+9.7%
£39,871,000 £43,754,000
-
Cash
+3.8%
£8,613,000 £8,942,000
-
Net assets
+3.8%
£145,731,000 £151,269,000
-
Employees
—
Not reported
-
Operating profit
-14.6%
£8,344,000 £7,129,000
Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers