PARAGON DEVELOPMENT FINANCE LIMITED

1. PARAGON DEVELOPMENT FINANCE LIMITED 2018-06-20 → present
2. CAPITAL PROFESSIONS FINANCE LTD. 2000-03-21 → 2018-06-20
3. ESTRODAY LIMITED 2000-01-04 → 2000-03-21

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 101

Reporting scope

Standalone (parent only)

Auditor

KPMG LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“On the basis of this analysis, the directors have concluded that the Company is able to continue as a going concern for at least twelve months from the date of approval of these financial statements and that therefore it is appropriate to continue to adopt the going concern basis in the preparation of these financial statements.”

Group structure

1. PARAGON DEVELOPMENT FINANCE LIMITED · parent
   1. Paragon Development Finance Services Limited 100% · England and Wales · provision of servicing the loan book (now dormant)

Significant events

• “The economic pressures in the UK generated an increased number of issues on development finance projects during the year, mostly relating to increased build costs or delays.”
• “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.”
• “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.”
• “During the current financial year the economic environment in the UK remained relatively stable, albeit with interest rates at far higher levels than had been seen for much of the ten years up to June 2023.”
• “On 9 April 2024 the IASB issued IFRS 18 - 'Presentation and Disclosure in Financial Statements', which was adopted for use in the UK on 10 December 2025. This is expected to impact the way in which information is disclosed in financial statements without impacting materially on the underlying accounting. IFRS 18 will apply to the Company with effect from its financial year ending 30 September 2028.”

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

Filings

9

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

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

• Turnover

  +6.5%

  £101,775,000 → £108,367,000

• Cash

  -27.5%

  £3,841,000 → £2,785,000

• Net assets

  +3.2%

  £283,030,000 → £292,008,000

• Employees

  —

  Not reported

• Operating profit

  -52.8%

  £25,367,000 → £11,971,000

• Profit before tax

  -52.8%

  £25,367,000 → £11,971,000

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