Paramount Services International (Stanmore) Limited (11502012): administration
- Status
- In administration
- Administration began
- 2026-04-29
- Administrators
- Steven Glanvill, Neil Charles Money
- Administrators' firm
- CBA Business Solutions
- Incorporated
- 2018-08-06
- Location
- Leicester
- Industry
- 97000 Activities of households as employers of domestic personnel
Why it went into administration
- Funding withdrawn / unable to refinance
- Creditor pressure / legal action
- Regulatory change or action
From the administrators' statement
Creditors should note that, unless otherwise stated, this section of our proposals has been prepared based on information provided to us by the Director of the Company and not from our personal knowledge as Joint Administrators.
The Company operated as @ business providing care services for the Director's elderly parents. The Company was funded directly by the Director, and employed around seven members of staff for the provision of full-time care to the Director's parents. The Director became subject to various legal proceedings with respect to entities unrelated to the nature of this business, which resulted in a worldwide freezing order be granted against the Director's personal assets. In light of the freezing order, the Director was unable to continue to fund the Company.
In order to maintain care for the Director's parents, an immediate appointment was considered necessary for safety purposes, albeit upon appointment the Director's family members assumed responsibility for the provision of care.
Administrators' statement of proposals (2026-06-29) · Companies House register