Paragon Data Services Ltd (03527824): administration
- Status
- Administration ended
- Administration began
- 2020-03-05
- Administrators
- Michael Christian Kienlen, Robert David Adamson
- Administrators' firm
- Mazars
- Incorporated
- 1998-03-16
- Location
- Leeds
- Industry
- 62090 Other information technology service activities
From the administrators' statement
The Company was incorporated on 16 March 1998 and has operated from leasehold premises based near to the centre of Hull throughout the majority of its trade. In its more recent years of trade and up to the date of the Administrators’ appointment it has employed 13 staff members, including its director.
Operating in both the public and private sector, the Company assisted clients with the design and installation of the latest technological advances to help improve and maintain client’s communications and data sharing from the inception of a project.
The Company initiaily traded profitably however its trade began to struggle towards the end of 2005. The directors, at the time, concluded that the Company required investment from a third party to assist with its cashflow and therefore sought a sale of the Company’s shareholding.
Administrators' statement of proposals (2020-03-23) · Companies House register