PARADIGM DEVELOPMENT SERVICES LIMITED
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Next accounts due
2026-12-31 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2026-07-31 (in 2mo)
Last made up 2025-07-17
Watchouts
None on the register
Cash
£902K
-75.4% vs 2024
Net assets
£1M
-0.5% vs 2024
Employees
34
+25.9% vs 2024
Profit before tax
£2M
+71.1% vs 2024
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · latest reflected 2025-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Turnover | £79,430,000 | £81,136,000 | |
| Operating profit | £1,655,000 | £2,211,000 | |
| Profit before tax | £1,064,000 | £1,821,000 | |
| Net profit | £355,000 | £1,366,000 | |
| Cash | £3,665,000 | £902,000 | |
| Total assets less current liabilities | £1,452,000 | £1,442,000 | |
| Net assets | £1,442,000 | £1,435,000 | |
| Equity | £1,442,000 | £1,435,000 | |
| Average employees | 27 | 34 | |
| 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 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Operating margin | 2.1% | 2.7% | |
| Net margin | 0.4% | 1.7% | |
| Return on capital employed | 114.0% | 153.3% | |
| Current ratio | 1.05x | 1.05x | |
| Interest cover | 2.73x | 5.58x |
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 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 and 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. The Company, through the Group funding arrangements, has considerable financial resources. After reviewing the forecasts and projections, the Board has reasonable expectation that the Company will continue in operational existence for the foreseeable future, being a period of at least 12 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
- “During the year ended 31 March 2025, the Company completed construction of 411 (2024: 504) new homes for other group companies and a further 27 (2024: 18) homes for sale on the open market as part of a jointly controlled operation.”
- “Our development pipeline at 31 March 2025 totalled 1,108 (2024: 990) new homes.”
- “the defects rate has risen from 1.49 in March 2024 to 1.96 defects per home in March 2025 but still remains within our target”
- “customer satisfaction rates with the quality of their new homes increasing to almost 90% compared with 88% a year ago”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 9 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| WALLACE, Ewan Gordon | Secretary | 2016-07-01 | — | — |
| BAILES, Matthew Roy | Director | 2015-09-01 | Aug 1970 | British |
| EWEN, Nicola Anne | Director | 2019-06-05 | May 1974 | British |
| JONES, Martyn Hamar | Director | 2023-02-20 | Sep 1976 | British |
Show 9 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| PACKHAM, Julie Sarah | Secretary | 2011-09-01 | 2016-06-30 |
| PERKINS, Rosalind Hannah | Secretary | 2009-01-19 | 2011-08-31 |
| DAVIES, Jonathan Charles | Director | 2012-02-09 | 2014-06-20 |
| EPTON, Dean Martin | Director | 2014-07-30 | 2016-01-31 |
| HADDEN, Alison Jackson, Ms. | Director | 2009-01-19 | 2015-05-31 |
| HARRISON, Jane Mary | Director | 2016-04-18 | 2019-06-28 |
| LOVELACE, Andrew Byron | Director | 2018-01-23 | 2018-07-10 |
| MAIN, Andrew Peter | Director | 2009-01-19 | 2018-01-23 |
| NICOL, Andrew John | Director | 2009-01-19 | 2016-09-30 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Paradigm Housing Group Ltd | Corporate entity | Shares 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 61 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-10-01 | AA | accounts | Accounts with accounts type full | |
| 2025-07-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-10-14 | AA | accounts | Accounts with accounts type full | |
| 2024-07-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-25 | AA | accounts | Accounts with accounts type full | |
| 2023-07-25 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-02-21 | AP01 | officers | Appoint person director company with name date | |
| 2022-10-25 | AA | accounts | Accounts with accounts type full | |
| 2022-09-05 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2022-07-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-10-13 | AA | accounts | Accounts with accounts type full | |
| 2021-07-21 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-09-28 | AA | accounts | Accounts with accounts type full | |
| 2020-07-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-09-30 | AA | accounts | Accounts with accounts type full | |
| 2019-07-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-07-01 | TM01 | officers | Termination director company with name termination date | |
| 2019-06-06 | AP01 | officers | Appoint person director company with name date | |
| 2018-10-05 | AA | accounts | Accounts with accounts type full | |
| 2018-07-27 | CS01 | confirmation-statement | Confirmation statement with updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- 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 2025-03-31 vs 2024-03-31
-
Turnover
+2.1%
£79,430,000 £81,136,000
-
Cash
-75.4%
£3,665,000 £902,000
-
Net assets
-0.5%
£1,442,000 £1,435,000
-
Employees
+25.9%
27 34
-
Operating profit
+33.6%
£1,655,000 £2,211,000
-
Profit before tax
+71.1%
£1,064,000 £1,821,000
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