PARRAGON BOOKS LIMITED
Opportunity 73/100 (strong), bankability 77/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: strategic trade sale (65/100).
Refinance opportunity
8 live charges · 3 lenders · oldest 37.4y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 37.4 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (59/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Recent activity
- • 1 confirmation-statement
- • 1 confirmation-statement
- • 2 accounts
- • 1 confirmation-statement
Corporate timeline (76 events)Click to expand
- 2025-12-21📄accounts-with-accounts-type-audit-exemption-subsiduaryaccounts · AA
- 2025-12-21📄legacyaccounts · PARENT_ACC
- 2025-10-20📄legacyother · GUARANTEE2
- 2025-10-20📄legacyother · AGREEMENT2
- 2024-12-31📄accounts-with-accounts-type-audit-exemption-subsiduaryaccounts · AA
- 2024-12-31📄legacyaccounts · PARENT_ACC
- 2024-11-04📄legacyother · GUARANTEE2
- 2024-11-04📄legacyother · AGREEMENT2
- 2024-03-04📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2024-01-29📄accounts-with-accounts-type-audit-exemption-subsiduaryaccounts · AA
- 2024-01-29📄legacyaccounts · PARENT_ACC
- 2023-11-01📄legacyother · AGREEMENT2
- 2023-11-01📄legacyother · GUARANTEE2
- 2022-11-30📄accounts-with-accounts-type-smallaccounts · AA
- 2022-04-08📍move-registers-to-registered-office-company-with-new-addressaddress · AD04
- 2022-04-01📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-03-31➖THOMSON, Andrew Francis resigneddirector
- 2021-12-22📄accounts-with-accounts-type-smallaccounts · AA
- 2021-06-07📍move-registers-to-registered-office-company-with-new-addressaddress · AD04
- 2021-06-07📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2018-07-28🔓Charge satisfied #8
- 2018-07-28🔓Charge satisfied #7
- 2018-07-28🔓Charge satisfied #6
- 2018-07-28🔓Charge satisfied #5
- 2018-07-28🔓Charge satisfied #2
- 2018-05-23➖STAUNTON, Susan Claire resignedsecretary
- 2018-03-20➕THOMSON, Andrew Francis appointeddirector
- 2017-12-20➖BAILEY, Stewart Andrew resigneddirector
- 2017-12-20➖TAYLOR, Paul resigneddirector
- 2016-06-07➕THOMSON, David Howard Eric appointeddirector
- 2016-06-07➖HALL, Alan Richard Finden resigneddirector
- 2016-06-07➖THOMSON, Andrew Francis resigneddirector
- 2016-06-07➖THOMSON, Christopher Harold William resigneddirector
- 2010-09-27➖BILSTEIN, Lutz resigneddirector
- 2010-04-01➕BAILEY, Stewart Andrew appointeddirector
- 2009-11-20➖THOMSON, John Sidney resigneddirector
- 2009-02-12➕HALL, Alan Richard Finden appointeddirector
- 2008-02-15➕BILSTEIN, Lutz appointeddirector
- 2008-02-15➖MCCURDIE, Trevor Alastair resigneddirector
- 2008-02-15➖PARR, Guy resigneddirector
- 2007-04-25➕STAUNTON, Susan Claire appointedsecretary
- 2007-04-25➖WRIGHT, Richard David resignedsecretary
- 2006-11-08🔒Charge registered #8Lender: Barclays Bank PLC
- 2006-06-02➖MCCURDIE, Trevor Alastair resignedsecretary
- 2006-06-02➕WRIGHT, Richard David appointedsecretary
- 2004-10-05🔒Charge registered #7Lender: Barclays Bank PLC
- 2002-07-23🔒Charge registered #6Lender: Barclays Bank PLC
- 2002-07-01➕TAYLOR, Paul appointeddirector
- 2002-07-01➕THOMSON, John Sidney appointeddirector
- 2000-02-03➖PACKE, Maxwell Gordon resigneddirector
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Sole director: Only one active director — all governance concentrated on one person.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondaryStable-but-static management: Company is 38 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
1 med ·Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Parragon Publishing Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Parragon Publishing Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
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|---|---|---|---|---|---|---|---|
| 0 TOUCH HOSTING LTD→ 15812868 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 0ASISTAX LIMITED→ 17111074 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| 0M TECHNOLOGY SOLUTIONS LTD→ 15151063 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 0TU100 IT SERVICES LTD→ 13634095 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| 0XB TECHNOLOGIES LTD→ 16814379 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 0XINA LTD→ 15306787 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 10 10 NETWORKS LIMITED→ 16391915 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| 10 LIVES STUDIOS LTD→ 16775247 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 10/10 HOLDINGS LTD→ 16173478 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| 100CGI STUDIO LTD→ 12363951 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| 100K CREATOR LTD→ 16275681 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| 100X REPS LIMITED→ 16287395 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
7 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.
Available from the Pro tier upwards.
See pricing →Exit-route ranking, improvement thesis, quiet-distress detector, covenant-pressure proxy, extraction monitor, approaching triggers, ownership drift, local cluster, value trap, debt capacity, archetype classification — 48+ scoring modules.
Available from the Pro tier upwards.
See pricing →Company details
Registered office
Filing status
Officers (1 active · 21 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Barclays Barclays Bank PLC | Guarantee & debenture | 1 property | 08/11/2006 | 28/07/2018 | |
| satisfied | Barclays Barclays Bank PLC | Assignment and charge of copyright and design right | 1 property | 05/10/2004 | 28/07/2018 | |
| satisfied | Barclays Barclays Bank PLC | Assignment of contract by way of security | 2 properties | 23/07/2002 | 28/07/2018 | |
| satisfied | Barclays Barclays Bank PLC | Assignment and charge of copyright and design right | 1 property | 03/07/1997 | 28/07/2018 | |
| satisfied | West Bromwich Building Society | Mortgage | 1 property | 30/03/1994 | 16/12/1998 | |
| satisfied | West Bromwich Building Society | Floating charge | 1 property | 30/03/1994 | 16/12/1998 | |
| satisfied | Barclays Barclays Bank PLC | Debenture | 1 property | 16/05/1989 | 28/07/2018 | |
| satisfied | Midland Bank Midland Bank PLC | Fixed and floating charge | 1 property | 25/11/1988 | 16/02/1991 |