Paramount Finance Co.,limited members' voluntary liquidation
Active Company no. 00420296 Incorporated Sep 1946 Financial Services HP postcode area
Suite 1 Amersham House, Mill Street, Berkhamsted, HP4 2DT
The most recent insolvency notice for Paramount Finance Co.,limited is a Notices to creditors (MVL), published 09 October 2026 in The London Gazette. The office holders are Nicholas Simmonds; David Meany, appointed 2 October 2026. Its last accounts filed at Companies House, to 31 May 2026, showed total assets of £236k and net assets of £213k. A members' voluntary liquidation (MVL) is the solvent, orderly winding-up of a company that can pay its debts in full — usually part of a director's retirement, a group restructure, or closing a company that has served its purpose. It is a planned closure, not a sign of financial distress.
Last filed balance sheet
As at 31 May 2026 · total exemption full accounts · unaudited · filed 4 months before the first insolvency notice
Insolvency notices (3)
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Notices to creditors (MVL) 09 Oct 2026
Creditors of Paramount Finance Co., Limited must submit proof of their debts by 28 October 2026 as part of a members’ voluntary liquidation, with joint liquidators Nicholas Simmonds and David Meany handling the process.
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Appointment of liquidators (MVL) 09 Oct 2026
The notice announces the appointment of Nicholas Simmonds and David Meany as liquidators of Paramount Finance Co., Limited in a members' liquidation effective 2 October 2026.
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Resolution for winding up (MVL) 09 Oct 2026
Paramount Finance Co., Limited has passed a resolution to voluntarily wind up the company and appointed Nicholas Simmonds and David Meany as joint liquidators.
What happens next
Because this is a solvent liquidation, creditors are paid in full. The liquidator advertises for claims, settles them, distributes the surplus to the shareholders and the company is then dissolved. Anyone owed money should still submit their claim to the liquidator named in the notice, and within the period the notice states.
Owed money by Paramount Finance Co.,limited?
A bad debt this size rarely stops with the company that failed. If you're a supplier or creditor left short, it's worth knowing where you rank — and checking what the shortfall does to your own cashflow.
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Frequently asked questions
Is Paramount Finance Co.,limited in financial difficulty?
No — the most recent process is a solvent one. A members' voluntary liquidation (MVL) is the solvent, orderly winding-up of a company that can pay its debts in full — usually part of a director's retirement, a group restructure, or closing a company that has served its purpose. It is a planned closure, not a sign of financial distress. The most recent insolvency notice for Paramount Finance Co.,limited (company no. 00420296) is a Notices to creditors (MVL), published 09 October 2026 in The London Gazette.
What were Paramount Finance Co.,limited's last filed accounts?
Paramount Finance Co.,limited's last accounts filed at Companies House, to 31 May 2026, showed total assets of £236k, cash of £236k, net assets of £213k. For a distressed company the last filing often predates the insolvency by a year or more.
How many insolvency notices does Paramount Finance Co.,limited have?
Paramount Finance Co.,limited has 3 insolvency notices recorded in The London Gazette, the most recent being a Notices to creditors (MVL) on 09 October 2026.
What happens next?
Because this is a solvent liquidation, creditors are paid in full. The liquidator advertises for claims, settles them, distributes the surplus to the shareholders and the company is then dissolved. Anyone owed money should still submit their claim to the liquidator named in the notice, and within the period the notice states.
Financial figures are taken from the company's own last accounts filed at Companies House. Small and micro-entity accounts are unaudited, and for a company entering an insolvency process the most recent filing frequently predates that process by a year or more. Figures are indicative and are not a valuation. Contains public sector information licensed under the Open Government Licence v3.0. © Crown copyright.