# Paragon Precision Limited (02147813)

> Why UK company 02147813 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/02147813

- **Status:** Administration ended
- **Administration began:** 2024-03-19
- **Administrators:** Howard Smith, Richard John Harrison
- **Administrators' firm:** Interpath Advisory
- **Formerly:** Paragon Pressings Limited
- **Incorporated:** 1987-07-16
- **Location:** Manchester
- **Industry:** 25500 Forging, pressing, stamping and roll-forming of metal; powder metallurgy

## Why it went into administration

- Creditor pressure / legal action

## From the administrators' statement

Paragon Precision Limited (the ‘Company’ or ‘PPL’) was incorporated on 16 July 1987 and supplied high quality sheet metal solutions from design through to manufacture, supplying into the leisure, industrial and oil and gas sectors,

Per Management accounts for the year ended 31 December 2023, the Company recorded turnover of approximately £2.4 million and a net profit of £64,592.

The Company traded from a leasehold property at Unit 2C, Harpings Road, Hull (the ‘Property’).

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/02147813/filing-history/MzQxNjQ0NTAzNGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/02147813

Contains public sector information from Companies House, licensed under the Open Government Licence v3.0.