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.