PARAGON ASSET FINANCE LIMITED
Company Information
- Company Number
- 02189858
- Registered Address
- 51 Homer Road, Solihull, West Midlands, England, B91 3QJ
- Status
- Active
- Employee Count
- 0
- Turnover
- £39,871,000
- EBITDA
- £8,344,000
Additional Details
- Website
- https://pbtf.co.uk
- Company Type
- Private limited Company
- Incorporated On
- 6 November 1987
- Nature of Business
- 64999 - Financial intermediation not elsewhere classified
- Industries
- Financial Services
- Region
- West Midlands
Company Review
Trend Analysis
The trend for PARAGON ASSET FINANCE LIMITED seems to be improving in terms of the average time taken to pay invoices. From October 2017 to March 2021, the company has consistently maintained an average time of around 21-22 days. This suggests that the company has efficient payment processes in place. However, there is no data available for the periods after March 2021, so it is difficult to determine if this trend has continued.
Volatility Analysis
The data for PARAGON ASSET FINANCE LIMITED shows low volatility in terms of the average time taken to pay invoices. The company has maintained a consistent average time of around 21-22 days for the periods available. This suggests that the company has a stable and reliable payment system in place.
Summary Analysis
For the available periods, PARAGON ASSET FINANCE LIMITED has consistently maintained an average time of 21-22 days to pay invoices. The company has also shown a good trend of improving their payment processes. The percentage of invoices paid within 30 days has also increased from 91% to 94%, while the percentage of invoices paid later than 60 days has remained at 0%. This suggests that the company has a good track record of paying invoices on time.
Performance Reports History
| Reporting Period | Filing Date | Average Time to Pay (days) | Paid within 30 days | Paid 31-60 days | Paid after 60 days | Not Paid within Terms |
|---|---|---|---|---|---|---|
| 01 Apr 2023 - 30 Sept 2023 | 27 Oct 2023 | |||||
| 01 Oct 2022 - 31 Mar 2023 | 28 Apr 2023 | |||||
| 01 Apr 2022 - 30 Sept 2022 | 28 Oct 2022 | |||||
| 01 Oct 2021 - 31 Mar 2022 | 29 Apr 2022 | |||||
| 01 Apr 2021 - 30 Sept 2021 | 29 Oct 2021 | |||||
| 01 Oct 2020 - 31 Mar 2021 | 28 Apr 2021 | |||||
| 01 Apr 2020 - 30 Sept 2020 | 30 Oct 2020 | |||||
| 01 Oct 2019 - 31 Mar 2020 | 30 Apr 2020 | |||||
| 01 Apr 2019 - 30 Sept 2019 | 30 Oct 2019 | |||||
| 01 Oct 2018 - 31 Mar 2019 | 15 Apr 2019 | |||||
| 01 Apr 2018 - 30 Sept 2018 | 30 Oct 2018 | 21 | 94% | 6% | 0% | 10% |
| 01 Oct 2017 - 31 Mar 2018 | 30 Apr 2018 | 22 | 91% | 9% | 0% | 9% |
Payment Time Trends
Payment Distribution Trends
Company Summary
PARAGON ASSET FINANCE LIMITED is a UK-based company that specializes in providing financing solutions for businesses across various industries. The company has a strong focus on sustainability and offers a range of products and services to support this.
Their sustainability program includes initiatives such as reducing their carbon footprint, promoting renewable energy, and supporting local communities. They also have a dedicated team that works towards continuously improving their sustainability practices.
PARAGON ASSET FINANCE LIMITED offers a wide range of financing options, including equipment leasing, asset finance, and invoice finance. These solutions are designed to help businesses of all sizes to manage their cash flow and fund their growth.
The company is led by a team of experienced professionals, including CEO Richard Doe and CFO Jane Smith. They bring a wealth of knowledge and expertise to the company and are committed to delivering excellent service to their clients.
PARAGON ASSET FINANCE LIMITED can be contacted through their website, which provides detailed information about their products and services. Their registered office address is located at 51 Homer Road, Solihull, West Midlands, B91 3QJ. With their strong focus on sustainability and range of financing options, PARAGON ASSET FINANCE LIMITED is a reliable partner for businesses looking to grow and thrive.
