Is Paragon Advance Ltd in compulsory liquidation?
Last verified 27 May 2026
Yes, Paragon Advance Ltd (company number 03679691) entered compulsory liquidation on 19 March 2025, by order of the court. The Official Receiver Or Croydon of null was appointed as liquidator.
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Paragon Advance Ltd is now in compulsory liquidation. Below are the key dates, the directors, the public-record timeline that led here, and what the liquidation means if you are a creditor, employee, customer or supplier.
Company at a glance
| Status | In Compulsory Liquidation |
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| Company number | 03679691 |
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| Incorporated | 7 December 1998 (28 years old) |
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| Registered office | Unit 5 Quaypoint, Northarbour Road, Portsmouth, PO6 3TD |
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| Nature of business (SIC) | 74909: Other professional, scientific and technical activities n.e.c. |
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| Date entered compulsory liquidation | 19 March 2025 |
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| Liquidator | The Official Receiver Or Croydon, null (licensed insolvency practitioner) |
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| Public register | View filing history ↗ |
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About the business
Paragon Advance Ltd is a UK limited company based in Portsmouth, incorporated in 1998 and 27 years old when the liquidator was appointed. Its registered activity is other professional, scientific and technical activities n.e.c. (SIC 74909). There have been 6 director appointments since incorporation, of which 2 were on the board when the liquidator was appointed, alongside 1 person with significant control. 1 charge has been registered against the company, 1 of which is still outstanding.
Directors
6 people have been appointed as directors of Paragon Advance Ltd.
DirectorStatusAppointedResigned
Kay Aston+ 1 otherResigned1 Sep 20071 Nov 2024 A director resignation shortly before an insolvency is a matter of public record; it does not by itself imply wrongdoing.
Persons with significant control
Individuals or entities with significant influence or control.
Mr Brynley Richard Cole
individual person with significant control · British · United Kingdom
Voting rights 75-100%
Charges register
Secured creditors and encumbrances against the company. 1 outstanding · 0 satisfied.
Status · Creditor · Type · Dates
OutstandingNational Westminster Bank PLC
Debenture · Created 5 Jun 2008 · Pending
What happened
EventDateType
Order of court to wind up28 March 2025COCOMP
Compulsory liquidationStatus19 March 2025
Confirmation statement made with no updates11 December 2024CS01 Termination of appointment as a director8 November 2024TM01 Total exemption full accounts made up29 September 2024AA +73 earlier events · 1998 to 2024
Registered office address changed26 July 2024AD01 Confirmation statement made with updates13 December 2023CS01 Change of details as a person with significant control7 December 2023PSC04 Director's details changed7 December 2023CH01 Total exemption full accounts made up25 September 2023AA Confirmation statement made with updates1 December 2022CS01 Appointment as a director1 December 2022AP01 Total exemption full accounts made up28 September 2022AA Confirmation statement made with updates15 December 2021CS01 Total exemption full accounts made up29 September 2021AA Confirmation statement made with updates3 December 2020CS01 Total exemption full accounts made up31 October 2020AA Registered office address changed31 October 2020AD01 Termination of appointment as a secretary17 February 2020TM02 Confirmation statement made with updates4 December 2019CS01 Total exemption full accounts made up29 September 2019AA Confirmation statement made with updates6 December 2018CS01 Total exemption full accounts made up5 June 2018AA Confirmation statement made with updates20 December 2017CS01 Total exemption full accounts made up29 June 2017AA Confirmation statement made with updates3 January 2017CS01 Total exemption small company accounts made up15 September 2016AA Annual return made up with full list of shareholders14 January 2016AR01 Total exemption small company accounts made up7 August 2015AA Annual return made up with full list of shareholders8 January 2015AR01 Total exemption small company accounts made up30 September 2014AA Annual return made up with full list of shareholders11 December 2013AR01 Director's details changed11 December 2013CH01 Director's details changed11 December 2013CH01 Secretary's details changed11 December 2013CH03 Total exemption small company accounts made up27 September 2013AA Annual return made up with full list of shareholders17 December 2012AR01 Total exemption small company accounts made up22 March 2012AA Annual return made up with full list of shareholders19 December 2011AR01 Total exemption small company accounts made up29 September 2011AA Statement of capital following an allotment of shares24 January 2011SH01 Annual return made up with full list of shareholders20 January 2011AR01 Total exemption small company accounts made up29 September 2010AA Registered office address changed27 July 2010AD01 Annual return made up with full list of shareholders24 December 2009AR01 Director's details changed24 December 2009CH01 Director's details changed24 December 2009CH01 Total exemption small company accounts made up5 June 2009AA Legacy13 January 2009363a Total exemption small company accounts made up28 May 2008AA Legacy29 January 2008363s Legacy25 September 2007288a Legacy18 September 2007225 Total exemption small company accounts made up27 February 2007AA Legacy14 December 2006363s Total exemption small company accounts made up13 April 2006AA Legacy22 December 2005363s Total exemption small company accounts made up5 April 2005AA Legacy7 December 2004363s Total exemption small company accounts made up2 June 2004AA Legacy26 January 2004363s Total exemption small company accounts made up11 May 2003AA Legacy29 November 2002363s Accounts for a small company made up5 June 2002AA Legacy11 December 2001363s Accounts for a small company made up27 February 2001AA Legacy11 December 2000363s Accounts for a dormant company made up13 April 2000AA Legacy30 November 1999363s Legacy15 December 1998287 Legacy15 December 1998288b Legacy15 December 1998288b Incorporation7 December 1998NEWINC What this means for you
If you are a creditor
Submit your proof of debt to the liquidator. Once liquidation begins, no creditor can start or continue legal action without the court's permission. Unsecured creditors rank after secured and preferential creditors and are usually paid last, often only a portion.
Owed money by a company in liquidation →If you are an employee
Employees are preferential creditors for certain unpaid wages and holiday pay, and may be able to claim from the Redundancy Payments Service if roles are made redundant.
Employee rights and redundancy pay →If you are a customer
Deposits paid are usually unsecured claims. Contracts may be terminated by the liquidator. Contact the liquidator about outstanding work or refunds.
What customers can recover →If you are a supplier
Goods supplied before the liquidation began are an unsecured claim. Check whether any retention-of-title clause lets you identify and recover specific goods.
How retention of title works →Don't be the last to know next time
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See how Protect works, £24/mo →Other companies in compulsory liquidation
Related guides
The bigger picture
Frequently asked questions
- Is Paragon Advance Ltd in compulsory liquidation?
- Yes. Paragon Advance Ltd (company number 03679691) entered compulsory liquidation on 19 March 2025, by order of the court. The Official Receiver Or Croydon of null was appointed as liquidator.
- Who is the liquidator of Paragon Advance Ltd?
- The Official Receiver Or Croydon, a licensed insolvency practitioner at null, was appointed liquidator of Paragon Advance Ltd on 19 March 2025. Creditors can contact the liquidator directly to submit a claim.
- What does Paragon Advance Ltd do?
- Paragon Advance Ltd's registered nature of business is other professional, scientific and technical activities n.e.c. (SIC 74909).
- Where is Paragon Advance Ltd based?
- Paragon Advance Ltd's registered office is Unit 5 Quaypoint, Northarbour Road, Portsmouth, PO6 3TD. The registered office is the address held on the public register, which is not always the trading address.
- When was Paragon Advance Ltd founded?
- Paragon Advance Ltd was incorporated on 7 December 1998, 27 years before the liquidator was appointed.
- What is Paragon Advance Ltd's company number?
- Paragon Advance Ltd's registered company number is 03679691.
- Who has significant control of Paragon Advance Ltd?
- 1 active person with significant control over Paragon Advance Ltd is on the register: Mr Brynley Richard Cole.
- Does Paragon Advance Ltd have any outstanding charges?
- an outstanding charge is registered against Paragon Advance Ltd out of 1 on file. Outstanding charges represent secured creditors who rank ahead of unsecured creditors in any recovery.
- What does liquidation mean for creditors of Paragon Advance Ltd?
- Liquidation is the formal wind-up of a company. Once it begins, the liquidator collects assets, settles claims in statutory order (secured, preferential, then unsecured) and distributes whatever remains. Unsecured creditors often recover only a portion of what they are owed, and sometimes nothing.
- How long does liquidation take?
- Most liquidations run for 12 to 24 months, longer where the company has complex assets, litigation, or ongoing trading. Annual progress reports are filed by the liquidator until the company is dissolved at the end of the process.
- Will creditors get paid in Paragon Advance Ltd's liquidation?
- Secured creditors are paid from the assets they hold a charge over. Preferential creditors (employee wages up to limits, pension contributions, HMRC for certain taxes) come next. Unsecured creditors share whatever remains, which may be nothing. The Statement of Affairs, when filed, sets out the liquidator's estimate at the point of appointment.
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