# PARAGON WHEELS LIMITED (SC614142)

> PARAGON WHEELS LIMITED is an active private limited company (company number SC614142) incorporated on 20 November 2018, registered in Ayr. Its registered activity is maintenance and repair of motor vehicles (SIC 45200). Latest small accounts cover the period ending 30 November 2025, showing net assets of £5,307 and cash of £1, with 1 employee on average. Net assets rose 7941% on the prior period (£66). Across the last 3 periods on record the net-asset trend is rising.

- Status: Active
- Incorporated: 2018-11-20
- Registered office: Ayr, KA7 1LL
- SIC 45200: Maintenance and repair of motor vehicles
- Next accounts due: 2027-08-30
- Confirmation statement due: 2026-12-04
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the upper half of 7,203 comparable companies in Other (median £4,498, upper quartile £47k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-11-30 | £5,307 | £1 | £29k | £40k | — | — | 1 |
| 2024-11-30 | £66 | £1 | £15k | £24k | — | — | 1 |
| 2023-11-30 | −£12k | £1 | £0 | £15k | — | — | 1 |

current ratio 0.72; net assets trend rising; size band micro.

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

- Net assets above zero: Net assets £5,307 at 30 November 2025
- Net assets up 10% or more on the prior period: +7940.9% vs prior period
- Current assets below creditors within one year: Current ratio 0.72
- Three or more accounting periods on record: 3 periods on record
- Incorporated five or more years ago: Incorporated 20 November 2018

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

## Persons with significant control

- Mr Stewart Macdonald — owns 25–50% of shares; holds 25–50% of voting rights; can appoint or remove directors, since 2018-11-20

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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/SC614142
HTML: https://firmoscan.com/company/SC614142-paragon-wheels-limited