PARAGON BANK PLC
Company Information
- Company Number
- 05390593
- Registered Address
- 51 Homer Road, Solihull, West Midlands, B91 3QJ
- Status
- Active
- Employee Count
- 0
- Turnover
- £1,181,000,000
- EBITDA
- £282,000,000
Additional Details
- Company Type
- Public limited Company
- Incorporated On
- 12 March 2005
- Nature of Business
- 64191 - Banks
- Industries
- Financial Services
- Region
- West Midlands
Company Review
Trend Analysis
The average time for PARAGON BANK PLC to pay invoices has fluctuated over the past three periods, with a decrease from 2017-10-01 to 2018-03-31, followed by an increase from 2018-04-01 to 2019-03-31, and then a decrease again from 2019-04-01 to 2020-03-31.
Volatility Analysis
The volatility of PARAGON BANK PLC's invoice payments has been high, with significant changes between periods. The largest change was a decrease in the average time to pay from 2019-04-01 to 2020-03-31, with a decrease of 6.7%. The smallest change was an increase from 2021-04-01 to 2021-09-30, with an increase of 0.4%.
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 BANK PLC is a UK-based bank that offers a range of financial services and products to its customers. The bank is committed to sustainability and has implemented various initiatives to promote responsible and ethical practices.
The bank offers a range of products and services including savings accounts, mortgages, personal loans, and business finance. They also provide specialist lending solutions for buy-to-let, residential property development, and asset finance.
PARAGON BANK PLC has a strong focus on sustainability and has implemented a sustainability program to reduce its environmental impact. This includes using renewable energy sources, reducing waste, and promoting sustainable practices among its employees.
The bank also has a dedicated team of experts who are responsible for developing and implementing sustainability initiatives. They work closely with customers and stakeholders to ensure that the bank's operations align with its sustainability goals.
Some of the key people at PARAGON BANK PLC include Nigel Terrington, the Chief Executive Officer, and Richard Woodman, the Chairman of the Board. They are supported by a team of experienced professionals who are committed to delivering high-quality services and products to customers.
To contact PARAGON BANK PLC, customers can visit their website at www.paragonbank.co.uk or visit their registered office at 51 Homer Road, Solihull, West Midlands, B91 3QJ, United Kingdom. With its strong focus on sustainability and commitment to providing quality financial services, PARAGON BANK PLC is a trusted and reliable bank for customers in the UK.
