Paragon Drones Ltd

Company Number: 12598536

Period End: 31st May 2025

Key Facts

Net Assets

Current: £200

Previous: £3,599

Change: -3,399 (-94.4%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £1,203

Previous: £3,409

Change: -£2,206 (-64.7%)

Comment: Current assets dropped sharply, indicating reduced liquidity.

Cash

Current: £740

Previous: £6

Change: +£734 (+12233.3%)

Comment: Cash rose sharply, indicating a strong improvement in liquidity.

Creditors 1 Year

Current: £9,503

Previous: £10,173

Change: -£670 (-6.6%)

Comment: Short‑term creditors decreased slightly.

Net Current Assets Liabilities

Current: £8,300

Previous: £6,764

Change: +£1,536 (+22.7%)

Comment: Net current assets strengthened moderately.

Fixed Assets

Current: £8,500

Previous: £10,363

Change: -£1,863 (-18%)

Comment: Fixed assets reduced noticeably.

Turnover

Current: Not reported

Previous: Not reported

Comment: Turnover not reported for either period, which is common for micro‑entity and small business.

Employees

Current: 1

Previous: 1

Change: +0 (+0%)

Comment: No change in team size.