PARAGON BANKING GROUP PLC
Company Information
- Company Number
- 02336032
- Registered Address
- 51 Homer Road, Solihull, West Midlands, United Kingdom, B91 3QJ
- Status
- Active
- Employee Count
- 1,444
- Turnover
- Coming Soon
- EBITDA
- £311,000,000
Additional Details
- Company Type
- Public limited Company
- Incorporated On
- 17 January 1989
- Nature of Business
- 64205 - Activities of financial services holding companies
- Industries
- Financial Services
- Region
- West Midlands
Company Review
Trend Analysis
The average time taken for PARAGON BANKING GROUP PLC to pay invoices to suppliers has fluctuated over the past three periods. It increased from 2017-10-01 to 2020-03-31, decreased from 2020-04-01 to 2021-03-31, and then increased again from 2021-04-01 to 2023-09-30.
Volatility Analysis
The volatility of PARAGON BANKING GROUP PLC's average time to pay invoices has been moderate over the past three periods, with fluctuations of approximately 5-10%.
Summary Analysis
From 2021-04-01 to 2023-09-30, PARAGON BANKING GROUP PLC had the highest average time to pay invoices at 36.2 days. The best period for the company was from 2020-04-01 to 2021-03-31, with an average time of 32.2 days. In both 2018-10-01 to 2019-03-31 and 2019-04-01 to 2019-09-30, the company had an average time of 34.2 days.
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 | |||||
| 01 Oct 2017 - 31 Mar 2018 | 27 Apr 2018 |
Payment Time Trends
Payment Distribution Trends
Company Summary
PARAGON BANKING GROUP PLC is a UK-based financial institution that offers a wide range of banking and financial services to its customers. The company is committed to sustainability and has implemented various initiatives to ensure responsible and ethical practices.
The sustainability program of PARAGON BANKING GROUP PLC includes promoting diversity and inclusion, reducing carbon footprint, and supporting local communities. The company has set specific targets to reduce its carbon emissions and has also invested in renewable energy sources.
The bank offers a variety of products and services such as savings accounts, mortgages, personal loans, and buy-to-let mortgages. They also provide specialized financing for businesses and offer treasury management services.
The key people at PARAGON BANKING GROUP PLC include the CEO, Nigel Terrington, who has been with the company since 1995 and has played a significant role in its growth and success. The board of directors comprises experienced professionals from the finance and banking industry.
For more information about their products and services, customers can visit their website at www.paragonbank.co.uk. The registered office address of PARAGON BANKING GROUP PLC is 51 Homer Road, Solihull, West Midlands, B91 3QJ, United Kingdom.
In summary, PARAGON BANKING GROUP PLC is a sustainable and customer-focused financial institution that offers a wide range of products and services. With their commitment to responsible practices and experienced leadership, they continue to be a trusted and reliable banking partner for individuals and businesses in the UK.
