Registration number: 09704818

Paragon Traffic Management Ltd

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Unaudited Financial Statements	4 to 9

Paragon Traffic Management Ltd

Company Information

Directors

Mr J Warne Mr M Warne

Registered office

66-68 Oswald Road Scunthorpe North Lincolnshire DN15 7PG

Paragon Traffic Management Ltd

(Registration number: 09704818)
Balance Sheet as at 31 December 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	3,310,371	1,791,524
Current assets
Stocks	5	135,000	90,037
Debtors	6	1,716,355	1,039,089
Cash at bank and in hand		605,423	273,792
		2,456,778	1,402,918
Creditors: Amounts falling due within one year	7	(1,496,250)	(965,090)
Net current assets		960,528	437,828
Total assets less current liabilities		4,270,899	2,229,352
Creditors: Amounts falling due after more than one year	7	(1,226,908)	(414,467)
Provisions for liabilities		(679,608)	(414,639)
Net assets		2,364,383	1,400,246
Capital and reserves
Called up share capital	8	90	90
Capital redemption reserve		10	10
Retained earnings		2,364,283	1,400,146
Shareholders' funds		2,364,383	1,400,246

For the financial year ending 31 December 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the Company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the Directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 23 April 2026 and signed on its behalf by:
 

Paragon Traffic Management Ltd

(Registration number: 09704818)
Balance Sheet as at 31 December 2025

......................................... Mr J Warne Director

......................................... Mr M Warne Director

Paragon Traffic Management Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

1	General information

The Company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
66-68 Oswald Road
Scunthorpe
North Lincolnshire
DN15 7PG

These financial statements were authorised for issue by the Board on 23 April 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements have been prepared in sterling and are rounded to the nearest pound.

The financial statements cover the inidividual entity, Paragon Traffic Management Ltd.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the Company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Paragon Traffic Management Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

Deferred income tax is recognised on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the Company. Deferred income tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, this year the directors have adopted to change the depreciation methods on the plant and machinery and motor vehicles from straightline to the reducing balance method. The depreciation for this year is as follows:

Asset class	Depreciation method and rate
Plant and machinery	25% on reducing balance
Motor vehicles	20% and 10% on reducing balance
Office equipment	33% on straightline
Fixtures and fittings	10% on straightline

Work-in-progress

Work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the Company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Paragon Traffic Management Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.

Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.

Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the Company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the Company (including Directors) during the year, was 65 (2024 - 59).

Paragon Traffic Management Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

4	Tangible assets

	Furniture, fittings and equipment  £	Motor vehicles  £	Total £
Cost or valuation
At 1 January 2025	767,963	2,209,889	2,977,852
Additions	1,008,598	1,175,400	2,183,998
Disposals	-	(487,745)	(487,745)
At 31 December 2025	1,776,561	2,897,544	4,674,105
Depreciation
At 1 January 2025	411,985	774,343	1,186,328
Charge for the year	157,973	302,127	460,100
Eliminated on disposal	-	(282,694)	(282,694)
At 31 December 2025	569,958	793,776	1,363,734
Carrying amount
At 31 December 2025	1,206,603	2,103,768	3,310,371
At 31 December 2024	355,978	1,435,546	1,791,524

5

Stocks

	2025 £	2024 £
Work in progress	135,000	90,037

6

Debtors

Current	2025 £	2024 £
Trade debtors	1,384,282	818,341
Prepayments	24,527	53,780
Other debtors	307,546	92,947
Receivables from related parties	-	74,021
	1,716,355	1,039,089

Paragon Traffic Management Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

7

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Loans and borrowings		984,444	452,203
Trade creditors		319,764	281,116
Amounts owed to Company undertakings and undertakings in which the Company has a participating interest	10	15,555	-
Taxation and social security		87,499	174,325
Accruals and deferred income		20,410	13,687
Other creditors		68,578	43,759
		1,496,250	965,090

Creditors: amounts falling due after more than one year

	Note	2025 £	2024 £
Due after one year
Loans and borrowings		1,226,908	414,467

Creditors include secured liabilities totalling £2,144,685 (2024 - £750,003), these are secured against the assets purchased under the agreements.

8	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary Shares of £1 each	90	90	90	90

9	Obligations under leases and hire purchase contracts

Operating leases

The total of future minimum lease payments is as follows:

	2025 £	2024 £
Not later than one year	68,676	18,876
Later than one year and not later than five years	195,184	44,044
	263,860	62,920

Paragon Traffic Management Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

10	Related party transactions

The below advances have no fixed repayment date, are unsecured, interest has been charged at the official rate of interest.

Transactions with Directors

2025	At 1 January 2025 £	Advances to Director £	Repayments by Director £	At 31 December 2025 £
Mr M Warne
	33,400	12,453	(20,518)	25,335
Mr J Warne
	39,747	13,484	(15,460)	37,771