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Paragon Scheme Management Services Limited Is Paragon Scheme Management Services Limited in administration?
Last verified 11 July 2026
Yes, Paragon Scheme Management Services Limited (company number 03176719) entered administration on 17 December 2024. James Prior of FRP Advisory Trading Limited was appointed as administrator.
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Paragon Scheme Management Services Limited is now under the control of an administrator. Below are the key dates, the directors, the public-record timeline that led here, and what the administration means if you are a creditor, employee, customer or supplier.
Company at a glance
| Status | In Administration |
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| Company number | 03176719 |
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| Incorporated | 22 March 1996 (30 years old) |
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| Registered office | 3rd Floor 2 Charlotte Place, Southampton, SO14 0TB |
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| Nature of business (SIC) | 65120: Non-life insurance |
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| Date entered administration | 17 December 2024 |
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| Administrator | James Prior, FRP Advisory Trading Limited (licensed insolvency practitioner) |
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| Official notice | View the official notice ↗ |
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| Statement of Affairs | Filed 18 April 2025, declared assets & liabilities ↗ |
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| Public register | View filing history ↗ |
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About the business
Paragon Scheme Management Services Limited is a UK limited company based in Southampton, incorporated in 1996 and 28 years old when the administrator was appointed. Its registered activity is non-life insurance (SIC 65120). There have been 13 director appointments since incorporation, of which 2 were on the board when the administrator was appointed, alongside 1 person with significant control. 4 charges have been registered against the company, 1 of which is still outstanding.
Directors
13 people have been appointed as directors of Paragon Scheme Management Services Limited.
DirectorStatusAppointedResigned
Kay Aston+ 1 otherResigned1 Sep 20071 Nov 2024 +7 former directors · resigned 1996 to 1997
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
Ownership of shares 75-100%
Charges register
Secured creditors and encumbrances against the company. 1 outstanding · 3 satisfied.
Status · Creditor · Type · Dates
SatisfiedClose Brothers Limited
A registered charge · Created 30 Jun 2014 · Satisfied 30 Aug 2017
SatisfiedClose Brothers Limited
A registered charge · Created 30 Jun 2014 · Satisfied 30 Aug 2017
SatisfiedRbs Invoice Finance Limited
All assets debenture · Created 30 Jul 2010 · Satisfied 18 Jan 2025
OutstandingNational Westminster Bank PLC
Debenture · Created 19 Jun 2008 · Pending
What happened
EventDateType
Administrator's progress report9 July 2026AM10 Administrator's progress report13 January 2026AM10 Notice of extension of period of Administration20 November 2025AM19
Registered office address changed8 September 2025AD01 Administrator's progress report9 July 2025AM10 +113 earlier events · 1996 to 2025
Statement of affairs18 April 2025AM02 Notice of deemed approval of proposals19 February 2025AM06
Satisfaction of charge in full18 January 2025MR04 Registered office address changed7 January 2025AD01 Statement of administrator's proposal3 January 2025AM03 Appointment of an administrator17 December 2024AM01 Termination of appointment as a director8 November 2024TM01 Termination of appointment as a director8 November 2024TM01 Total exemption full accounts made up27 September 2024AA Registered office address changed26 July 2024AD01 Confirmation statement made with updates4 April 2024CS01 Change of details for a person with significant control4 April 2024PSC04 Total exemption full accounts made up26 September 2023AA Confirmation statement made with updates6 April 2023CS01 Change of details as a person with significant control5 April 2023PSC04 Director's details changed4 April 2023CH01 Total exemption full accounts made up27 September 2022AA Appointment as a director28 June 2022AP01 Confirmation statement made with updates5 April 2022CS01 Total exemption full accounts made up29 September 2021AA Director's details changed25 March 2021CH01 Confirmation statement made with updates25 March 2021CS01 Total exemption full accounts made up31 October 2020AA Registered office address changed31 October 2020AD01 Confirmation statement made with updates25 March 2020CS01 Termination of appointment as a secretary17 February 2020TM02 Termination of appointment as a director17 February 2020TM01 Total exemption full accounts made up29 September 2019AA Director's details changed4 April 2019CH01 Director's details changed4 April 2019CH01 Confirmation statement made with updates27 March 2019CS01 Total exemption full accounts made up5 June 2018AA Confirmation statement made with updates5 April 2018CS01 Satisfaction of charge in full30 August 2017MR04 Satisfaction of charge in full30 August 2017MR04 Total exemption full accounts made up29 June 2017AA Confirmation statement made with updates10 May 2017CS01 Total exemption small company accounts made up15 September 2016AA Annual return made up with full list of shareholders6 May 2016AR01 Total exemption small company accounts made up30 September 2015AA Annual return made up with full list of shareholders7 May 2015AR01 Total exemption small company accounts made up30 September 2014AA Registration of charge30 June 2014MR01 Registration of charge30 June 2014MR01 Director's details changed23 April 2014CH01 Secretary's details changed23 April 2014CH03 Director's details changed23 April 2014CH01 Director's details changed23 April 2014CH01 Director's details changed23 April 2014CH01 Annual return made up with full list of shareholders23 April 2014AR01 Total exemption small company accounts made up27 September 2013AA Annual return made up with full list of shareholders22 April 2013AR01 Appointment as a director19 December 2012AP01 Annual return made up with full list of shareholders2 April 2012AR01 Total exemption small company accounts made up22 March 2012AA Statement of capital following an allotment of shares6 March 2012SH01 Total exemption small company accounts made up29 September 2011AA Annual return made up with full list of shareholders21 April 2011AR01 Total exemption small company accounts made up29 September 2010AA Statement of capital following an allotment of shares27 July 2010SH01 Registered office address changed27 July 2010AD01 Annual return made up with full list of shareholders11 May 2010AR01 Total exemption small company accounts made up5 June 2009AA Total exemption small company accounts made up2 June 2008AA Legacy25 September 2007288a Legacy18 September 2007225 Total exemption small company accounts made up27 February 2007AA Total exemption small company accounts made up22 March 2006AA Total exemption small company accounts made up5 April 2005AA Accounts for a small company made up2 June 2004AA Accounts for a small company made up4 June 2003AA Accounts for a small company made up5 June 2002AA Accounts for a small company made up14 March 2001AA Accounts for a small company made up6 December 1999AA Accounts for a small company made up22 March 1999AA Accounts for a small company made up28 January 1998AA Legacy26 January 1998288a Legacy16 January 1998288b Legacy22 September 1997225 Legacy4 November 1996224
Incorporation22 March 1996NEWINC What this means for you
If you are a creditor
Contact the administrator (FRP Advisory Trading Limited) to register your claim. You cannot start or continue legal action against the company without the court's or administrator's permission. Unsecured creditors are typically paid last.
A creditor's checklist →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
Orders, deposits and warranties may be affected. Deposits paid are usually unsecured claims. Contact the administrator about outstanding work or refunds.
What customers can recover →If you are a supplier
Goods supplied before the appointment are an unsecured claim. Check whether any retention-of-title clause applies to goods you can identify and recover.
How retention of title works →Don't be the last to know next time
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Related guides
The bigger picture
Frequently asked questions
- Is Paragon Scheme Management Services Limited in administration?
- Yes. Paragon Scheme Management Services Limited (company number 03176719) entered administration on 17 December 2024. James Prior of FRP Advisory Trading Limited was appointed as administrator.
- Who is the administrator of Paragon Scheme Management Services Limited?
- James Prior, a licensed insolvency practitioner at FRP Advisory Trading Limited, was appointed administrator of Paragon Scheme Management Services Limited on 17 December 2024. Creditors can contact the administrator directly to submit a claim.
- What does Paragon Scheme Management Services Limited do?
- Paragon Scheme Management Services Limited's registered nature of business is non-life insurance (SIC 65120).
- Where is Paragon Scheme Management Services Limited based?
- Paragon Scheme Management Services Limited's registered office is 3rd Floor 2 Charlotte Place, Southampton, SO14 0TB. The registered office is the address held on the public register, which is not always the trading address.
- When was Paragon Scheme Management Services Limited founded?
- Paragon Scheme Management Services Limited was incorporated on 22 March 1996, 28 years before the administrator was appointed.
- What is Paragon Scheme Management Services Limited's company number?
- Paragon Scheme Management Services Limited's registered company number is 03176719.
- Who has significant control of Paragon Scheme Management Services Limited?
- 1 active person with significant control over Paragon Scheme Management Services Limited is on the register: Mr Brynley Richard Cole.
- Does Paragon Scheme Management Services Limited have any outstanding charges?
- an outstanding charge is registered against Paragon Scheme Management Services Limited out of 4 on file. Outstanding charges represent secured creditors who rank ahead of unsecured creditors in any recovery.
- Are jobs at Paragon Scheme Management Services Limited at risk?
- When a company enters administration the administrator decides whether to continue trading, sell the business as a going concern, or wind it down. Employees can contact the administrator (FRP Advisory Trading Limited) for any update on their role, and may be able to claim from the Redundancy Payments Service if their job is made redundant.
- What does administration mean for creditors of Paragon Scheme Management Services Limited?
- Administration is a formal insolvency process that gives a company protection from creditors while an administrator tries to rescue it or achieve a better result than liquidation. Creditors cannot start or continue legal action without permission. Unsecured creditors are usually paid last, often only a portion of what they are owed, if anything.
- When did Paragon Scheme Management Services Limited go into administration?
- Paragon Scheme Management Services Limited went into administration on 17 December 2024.
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