Paramount D&B Ltd (02369310): administration
- Status
- In administration
- Administration began
- 2024-07-15
- Administrators
- Huw Powell, Katrina Jane Orum
- Administrators' firm
- Begbies Traynor
- Formerly
- Paramount Office Interiors Limited
- Incorporated
- 1989-04-06
- Location
- Cardiff
- Industry
- 41100 Development of building projects
Why it went into administration
- COVID-19
- Supply chain disruption
- Funding withdrawn / unable to refinance
- Cash flow / liquidity pressure
- HMRC / tax arrears
- Property / lease costs
- Sustained trading losses
From the administrators' statement
The Company was incorporated on 6 April 1989 and Nicholas Guard and Nigel Roberts registered as the first
directors shortly thereafter. Mr Guard subsequently resigned as a director on 4 May 2001 and there have been a number of director appointments and resignations in the period since incorporation.
The principal activity of the Company at the outset was that of commercial furniture supply with the Company
Administrators' statement of proposals (2024-08-22) · Companies House register