PARAGON PRODUCTS (UK) LIMITED

🌳Matureactive
SC112318 · ltd · incorporated 1988-07-19
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
  • · Thesis: well-run, low negotiation leverage
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2024
Net worth
£2.74M
book net assets
Opportunity
79/100
Strong
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What this business does
Primary activity: SIC 46750
Sector: Wholesale & retail
Investor take
Pursue
Active trading company with a 73-year-old founder — textbook succession opportunity.

Opportunity 79/100 (strong), bankability 67/100. Strong seller-intent signal (93/100, director aged 73). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

9 live charges · 4 lenders · oldest 37.4y

35/100
too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

  • · Oldest live charge is 37.4 years old — likely at or near maturity.
  • · 4 lenders named — inter-creditor friction likely.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: high (80/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
9 charges (9/9 with lender, 9/9 with type)
90
Directors & officers
6 officers (3 active, 6 linked, 4 with DOB)
83
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
131 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £2,737,057
Cash YoY
+308%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£1.3m
↑ 308% YoY
Net Worth
£2.7m
↑ 2.1% YoY
Current Assets
£3.0m
↑ 37% YoY
Current Liabilities
—
£0£597k£1.2m£1.8m£2.4m£3.0mDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-12-312023-12-31
Total assets£2.74M£2.69M
Current assets£2.98M£2.18M
Cash£1.32M£324.4k
Debtors£1.48M£563.2k
Net assets£2.74M£2.68M

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

1 signal detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.

Available from the Pro tier upwards.

See pricing →

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
2
filings
  • • 1 officers
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (41 events)Click to expand
  1. 2026-01-23
    📄
    change-person-director-company-with-change-date
    officers · CH01
  2. 2025-08-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2025-08-11
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  4. 2024-12-10
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  5. 2024-12-10
    🔓
    Charge satisfied #8
  6. 2024-09-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2024-06-12
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  8. 2024-06-12
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  9. 2023-09-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2023-09-26
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  11. 2023-08-09
    📄
    change-person-director-company-with-change-date
    officers · CH01
  12. 2023-08-09
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  13. 2022-10-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2022-06-06
    📄
    change-person-director-company-with-change-date
    officers · CH01
  15. 2021-10-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2020-09-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2019-09-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2018-10-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2017-09-29
    🔒
    Charge registered #8
    Lender: Svenska Handelsbanken Ab (Publ)
  20. 2017-09-23
    🔓
    Charge satisfied #7
  21. 2017-09-23
    🔓
    Charge satisfied #6
  22. 2017-09-22
    🔒
    Charge registered #9
    Lender: Svenska Handelsbanken Ab (Publ)
  23. 2009-08-11
    ➕
    URQUHART, Paul James appointed
    director
  24. 2002-11-14
    🔓
    Charge satisfied #5
  25. 2002-11-14
    🔓
    Charge satisfied #4
  26. 2002-07-08
    🔒
    Charge registered #7
    Lender: The Governor and Company of the Bank of Scotland
  27. 2002-06-05
    🔒
    Charge registered #6
    Lender: The Governor and Company of the Bank of Scotland
  28. 2001-04-01
    ➕
    URQUHART, Alexandra Mary appointed
    secretary
  29. 2001-03-31
    ➖
    BROGAN, Isabella Robertson Edwards resigned
    secretary
  30. 2001-03-31
    ➖
    BROGAN, Isabella Robertson Edwards resigned
    director
  31. 2001-03-30
    ➖
    FORD, Peter James resigned
    director
  32. 2000-09-01
    ➕
    FORD, Peter James appointed
    director
  33. 2000-05-05
    🔒
    Charge registered #5
    Lender: Clydesdale Bank Public Limited Company
  34. 2000-01-17
    🔓
    Charge satisfied #3
  35. 1999-10-15
    🔒
    Charge registered #4
    Lender: Clydesdale Bank Public Limited Company
  36. 1993-04-02
    🔓
    Charge satisfied #1
  37. 1992-09-01
    🔒
    Charge registered #3
    Lender: The Governor and Company of the Bank of Scotland
  38. 1992-07-20
    🔓
    Charge satisfied #2
  39. 1989-02-14
    🔒
    Charge registered #2
    Lender: Barclays Bank PLC
  40. 1988-11-23
    🔒
    Charge registered #1
    Lender: Clydesdale Bank Public Limited Company
  41. 1988-07-19
    🏢
    Company incorporated
    As PARAGON PRODUCTS (UK) LIMITED

Owner dependency

91/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 17 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 73 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

89/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 73 years old. Natural succession window is now.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondary12+ year tenure: Director in role 17 years.
  • secondaryStable-but-static management: Company is 38 years old and no new directors in the last 3 years — succession not yet being planned internally.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

1 med ·
Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Paul James Urquhart
Individual · British · DOB 08/1983 · age 43
25–50%
25–50%25-50% shares · 25-50% voting01/01/2018
Mr Ian James Urquhart
Individual · British · DOB 03/1953 · age 73
25–50%
25–50%25-50% shares · 25-50% voting19/12/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

🔒Co-director network graph

Radial SVG graph showing every company connected via shared directors, colour-coded by status.

Available from the Pro tier upwards.

See pricing →

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

7 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.

Available from the Pro tier upwards.

See pricing →
🔒Advanced scoring suite

Exit-route ranking, improvement thesis, quiet-distress detector, covenant-pressure proxy, extraction monitor, approaching triggers, ownership drift, local cluster, value trap, debt capacity, archetype classification — 48+ scoring modules.

Available from the Pro tier upwards.

See pricing →

Company details

Statusactive
Typeltd
Incorporated1988-07-19
Jurisdictionscotland
Primary SIC46750 — SIC 46750

Registered office

13-15 Morningside Drive
Edinburgh
EH10 5LZ
Scotland

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-01-02
Last: 2025-12-19

Officers (3 active · 3 resigned)

URQUHART, Alexandra Mary→
secretary · appointed 2001-04-01
View their other companies + combined net worth →
Active
URQUHART, Ian James→
director · ~73y
View their other companies + combined net worth →
Active
URQUHART, Paul James→
director · ~43y · appointed 2009-08-11
View their other companies + combined net worth →
Active
BROGAN, Isabella Robertson Edwards→
secretary · resigned 2001-03-31
Resigned
BROGAN, Isabella Robertson Edwards→
director · ~87y · resigned 2001-03-31
Resigned
FORD, Peter James→
director · ~69y · appointed 2000-09-01 · resigned 2001-03-30
Resigned

Click a director name to see their full track record across all companies.

Mortgages & charges

9
Total charges
1
Outstanding
1
Active lenders
Status:Lender:9 of 9 shown
TypeProperties
satisfied
Svenska Handelsbanken Ab (Publ)
A registered charge1 property29/09/201710/12/2024
outstanding
Svenska Handelsbanken Ab (Publ)
A registered charge—22/09/2017—
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property08/07/200223/09/2017
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Bond & floating charge1 property05/06/200223/09/2017
satisfied
Virgin Money
Clydesdale Bank Public Limited Company
Standard security1 property05/05/200014/11/2002
satisfied
Virgin Money
Clydesdale Bank Public Limited Company
Floating charge1 property15/10/199914/11/2002
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Floating charge1 property01/09/199217/01/2000
satisfied
Barclays
Barclays Bank PLC
Floating charge1 property14/02/198920/07/1992
satisfied
Virgin Money
Clydesdale Bank Public Limited Company
Floating charge1 property23/11/198802/04/1993
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (131 total)

change-person-director-company-with-change-date
officers · CH01
2026-01-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-08-25
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-08-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-06
mortgage-satisfy-charge-full
mortgage · MR04
2024-12-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-30
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-06-12
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-06-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-30
change-account-reference-date-company-previous-shortened
accounts · AA01
2023-09-26
change-person-director-company-with-change-date
officers · CH01
2023-08-09
change-person-secretary-company-with-change-date
officers · CH03
2023-08-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-19