PARADIGM COMMERCIAL LIMITED

• ◆

  10 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

1. PARADIGM COMMERCIAL LIMITED 2019-11-28 → present
2. PARADIGM COMMERCIAL PLC 2010-06-09 → 2019-11-28
3. PARADIGM HOMES PLC 2005-06-24 → 2010-06-09
4. CHILTERN ASSURED HOMES PLC 1993-11-02 → 2005-06-24
5. WORTHY INVESTMENT IN SOCIAL HOUSING VII PLC 1993-02-11 → 1993-11-02
6. SOURCEBALANCE PUBLIC LIMITED COMPANY 1993-01-13 → 1993-02-11

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

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.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

BDO LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The company's business activities, together with the factors likely to affect its future development, performance and financial position, are set out in the Strategic Report on pages 2 to 3. We have undertaken extensive stress testing of the Company's short-term and long-term plans together with the plans of the Group as a whole. After reviewing the forecasts and projections, the Board has reasonable expectations that the Company will continue in operational existence for the foreseeable future, being a period of at least twelve months after the date on which the report and financial statements are signed. For this reason, it continues to adopt the going concern basis in the financial statements.”

Significant events

• “Turnover has decreased following the sale of 32 properties to its parent company (Paradigm Homes Charitable Housing Association Limited) in March 2024.”
• “In December 2024, a donation of £882k (December 2023: £880k) was paid to its parent company, Paradigm Homes Charitable Housing Association Limited.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

15

last 12 months

Capital events

0

last 24 months

Officers appointed

2

last 12 months

Officers resigned

10

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  -46.1%

  £699,000 → £377,000

• Cash

  —

  Not reported

• Net assets

  +1%

  £23,425,000 → £23,656,000

• Employees

  —

  Not reported

• Operating profit

  -60.8%

  £832,000 → £326,000

• Profit before tax

  -13.2%

  £1,282,000 → £1,113,000

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers