# PARAGON UNIT 16 LTD (12785713)

> PARAGON UNIT 16 LTD is an active private limited company (company number 12785713) incorporated on 2 August 2020, registered in Wolverhampton. Its registered activity is fitness facilities (SIC 93130). Latest small accounts cover the period ending 31 August 2025, showing net assets of −£46k and cash of £12k, with 3 employees on average. Net assets fell 56% on the prior period (−£29k).

- Status: Active
- Incorporated: 2020-08-02
- Registered office: Wolverhampton, WV11 3PX
- SIC 93130: Fitness facilities
- Next accounts due: 2027-05-31
- Confirmation statement due: 2027-08-16
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the bottom quarter of 322 comparable companies in Birmingham (median £100, upper quartile £7,799).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-08-31 | −£46k | £12k | — | £14k | — | — | 3 |
| 2024-08-31 | −£29k | £9,909 | — | £9,766 | — | — | 8 |

current ratio 0.81; size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets below zero: Net assets £-45,544 at 31 August 2025
- Net assets down 25% or more on the prior period: -55.6% vs prior period
- Current assets below creditors within one year: Current ratio 0.81
- Incorporated five or more years ago: Incorporated 2 August 2020

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Mr Tyrone Anton Clarke O'Connell — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors, since 2020-08-02

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/12785713
HTML: https://firmoscan.com/company/12785713-paragon-unit-16-ltd