Paragon Interiors Group PLC (01981976): administration
- Status
- Administration ended
- Administration began
- 2019-02-27
- Administrators' firm
- Leonard Curtis
- Formerly
- Paragon Contracts Group PLC; Paragon Partitioning Consultants Limited; Paragon Storage and Partitioning Limited; Choicestatic Limited
- Incorporated
- 1986-01-24
- Location
- Chesterfield
- Industry
- 43999 Other specialised construction activities n.e.c.
Why it went into administration
- Creditor pressure / legal action
From the administrators' statement
The Company was incorporated on 24 January 1986 and commenced to trade shortly after. The directors of the Company are Alan Hardy and Guy Dibley. The sole shareholder of the Company is Alan Hardy.
The Company latterly traded from three leasehold premises in Birmingham and Nottingham. The principal trading activity of the Company was an interior fit-out contractor. The Company employed 90 staff on our appointment.
The Company was funded by way of an invoice finance agreement held with Bibby Financial Services Limited (‘Bibby’), who hold security by way of a Debenture, incorporating fixed and floating charges over all assets, created on 18 February 2018.
Administrators' statement of proposals (2019-05-09) · Companies House register