PARAGON MORTGAGES (NO.29) PLC
Get an alert when PARAGON MORTGAGES (NO.29) PLC files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Next accounts due
2027-03-31 (in 10mo)
Last filed for 2025-09-30
Confirmation statement due
2026-07-30 (in 2mo)
Last made up 2025-07-16
Watchouts
None on the register
Cash
£29M
Latest balance sheet
Net assets
-£35M
Equity attributable
Employees
—
Average over period
Profit before tax
-£2M
Period ending 2025-09-30
Net assets
2-year trend · vs Financials median
Accounts
2-year trend · latest reflected 2025-09-30
| Metric | Trend | 2024-09-30 | 2025-09-30 |
|---|---|---|---|
| Turnover | — | — | |
| Operating profit | £1,000 | -£27,325,000 | |
| Profit before tax | -£33,044,000 | -£2,107,000 | |
| Net profit | -£24,783,000 | -£10,367,000 | |
| Cash | £29,713,000 | £28,898,000 | |
| Total assets less current liabilities | — | — | |
| Net assets | -£24,771,000 | -£35,138,000 | |
| Equity | -£24,771,000 | -£35,138,000 | |
| Average employees | — | — | |
| Wages | — | — | |
| Directors' remuneration | £9,000 | £12,000 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Year-on-year
FY2024 → FY2025 · period ending 2025-09-30 vs 2024-09-30
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-09-30 | 2025-09-30 |
|---|---|---|---|
| Gearing (liabilities / total assets) | 102.5% | 103.7% | |
| Current ratio | 7.37x | 6.95x | |
| Interest cover | 0.00x | -0.44x |
Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- KPMG LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors have prepared the financial statements on the going concern basis as they do not intend to liquidate the Company or to cease its operations, and as they have concluded that the Company's financial position means that this is realistic. They have also concluded that there are no material uncertainties that could have cast significant doubt over its ability to continue as a going concern for at least a year from the date of approval of the financial statements.”
Significant events
- “On 7 February 2025 the Company purchased mortgage loans at a carrying value for £28,089,000 from fellow group companies.”
- “On 15 July 2025 the Company purchased mortgage loans at a carrying value for £24,432,000 from fellow group companies.”
- “The Company has entered into derivative contracts in order to provide an economic hedge against its exposure to fixed rate loans to customers. This has led to the Company recognising a fair value net gain of £25,217,000 in the year (2024: fair value net loss of £33,045,000).”
- “Deloitte LLP were selected as a result of an audit tender process, and have expressed their willingness to take office as auditor of the Company in place of KPMG LLP, subject to a resolution at the forthcoming Annual General Meeting.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 1 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| VAN NIEKERK, Marius | Secretary | 2025-04-02 | — | — |
| GILES, James Paul, Mr. | Director | 2023-07-17 | Feb 1968 | British |
| WHITAKER, Paivi Helena | Director | 2023-07-17 | Jan 1963 | Finnish |
| CSC DIRECTORS (NO.3) LIMITED | Corporate Director | 2023-07-17 | — | — |
| CSC DIRECTORS (NO.4) LIMITED | Corporate Director | 2023-07-17 | — | — |
Show 1 resigned officer
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| MURPHY, Ciara Madeleine | Secretary | 2023-07-17 | 2025-04-02 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Paragon Mortgages (No.29) Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2023-07-17 | Active |
Filing timeline
Last 16 of 16 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-28 | AUD | auditors | Auditors resignation company | |
| 2026-03-10 | AA | accounts | Accounts with accounts type full | |
| 2025-07-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-04-17 | AA | accounts | Accounts with accounts type full | |
| 2025-04-15 | AP03 | officers | Appoint person secretary company with name date | |
| 2025-04-15 | TM02 | officers | Termination secretary company with name termination date | |
| 2025-01-14 | CH02 | officers | Change corporate director company with change date | |
| 2025-01-13 | CH02 | officers | Change corporate director company with change date | |
| 2024-07-20 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-11-03 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-10-10 | CH01 | officers | Change person director company with change date | |
| 2023-08-07 | AA01 | accounts | Change account reference date company current extended | |
| 2023-08-01 | CERT8A | incorporation | Legacy | |
| 2023-08-01 | SH50 | reregistration | Application trading certificate | |
| 2023-07-26 | SH01 | capital | Capital allotment shares | |
| 2023-07-17 | NEWINC | incorporation | Incorporation company |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.