Paragon Finance PLC

Reference number: 707521

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Authorised by the FCA

This firm is on the FCA register and authorised to carry out regulated activities.

Website, phone number and address

Compare these against whatever you were given. Scammers clone real firm names and reference numbers but use their own phone number and website, so a detail that does not match the register is the clearest warning sign there is.

In the full report: 3 background checks

  • When paragonbank.co.uk first appeared online, and whether it can receive email
  • What kind of line 0345 849 4000 is, and the other firm that gives it
  • Who else gives the postcode B91 3QJ
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Other names (6)

If you were contacted under any of these names, it is this firm.

  • Idem Servicing Trading name
  • Moorgate Loan Servicing Trading name
  • Paragon Trading name
  • Paragon Car Finance Trading name
  • Paragon Personal Finance Trading name
  • Chatham Finance (UK) Former trading name

FCA permissions and consumer protection

  • Advise on or arrange mortgages FSCS may apply
    Mortgage advice and arranging may be FSCS-covered, up to the limit that applies.
  • Lend or arrange credit No FSCS cover
    Consumer credit is not covered by the FSCS, so there is no compensation scheme if the firm fails.
  • Complaints Ombudsman, free
    You can refer a complaint about this firm to the Financial Ombudsman Service for free, whichever activity it relates to.
Show FCA detail (8 permissions)
  • Acting as a CBTL administrator
  • Administering a regulated mortgage contract
  • Credit Broking
  • Debt Adjusting
  • Debt Administration
  • Debt-collecting
  • Debt-counselling
  • Exercising/having right to exercise lender's rights and duties under a regulated credit agreement (excluding high-cost short-term credit, bill of sale agreement, and home collected credit agreement)

FCA disciplinary action and complaints

No FCA disciplinary action.

The Financial Ombudsman Service only publishes complaint figures for firms with 30 or more new complaints in six months, so there are none here for this firm.

Companies House record

The company behind the firm: its status, age, registered office and directors.

Company number
01917566
Company status
Active
Company type
Public limited company
Incorporated
29 May 1985 (41 years old)
Registered office
Matches the FCA register address ✓
Nature of business
  • Credit granting by non-deposit taking finance houses and other specialist consumer credit grantors (SIC 64921)

Directors and company secretaries

Name Role Born Appointed Other companies
Richard James Woodman Director May 1965 25 Apr 2014 140 other companies
Keith Graham Allen Director Jul 1972 4 Mar 2015 133 other companies
Nigel Stewart Terrington Director Dec 1959 18 Jun 2026 57 other companies
Marius Van Niekerk Secretary Not published 2 Apr 2025 –

Other companies run by these 3 directors

A firm is run by people, and their other companies are their track record: what they built, what closed, and anything that failed. It is the check most people never think to make.

other companies
170
closed down
116
are FCA-registered
6

In the full report: all 170 companies, named

  • What each company does, and whether it is still trading
  • Which of these 3 directors sit on each board, and since when
  • Any that went into liquidation or administration
  • The 6 on the FCA register
  • The 134 companies these 3 directors run together
  • All 25 people who have ever been directors, with their dates
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Key dates in its history

Paragon Finance’s history from the FCA register and Companies House, newest first.

Key events (6) All events (53)

2017

2 November 2017

  • Paragon Bank PLC took control (75–100% of shares)
  • Paragon Banking Group PLC gave up control

Companies House

2016

6 April 2016

  • Paragon Banking Group PLC took control (75–100% of shares)

Companies House

21 March 2016

  • Regulated by the FCA from this date
  • Became authorised by the FCA

FCA register

1985

29 May 1985

  • Incorporated at Companies House

Companies House

In the full report: all 53 events

  • All 53 events in its history (6 shown here)
  • Every director appointment and resignation: 39
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Firms connected to Paragon Finance

Other FCA-listed firms that share a director, phone number or address with Paragon Finance. A link shows who the firm is tied to, not whether either can be trusted.

connected firms
7
share a director
5
share its phone number
1

In the full report: all 7 connected firms, named

  • How each is linked: shared directors (5), the same phone number (1), the same postcode (4)
  • Who links each one: the named directors, with dates
  • 1 past link through former directors
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Firms like Paragon Finance

Other firms of the same type (debt collector), nearest first.

In the Birmingham (B) postcode area

Top Service LimitedRedditchAuthorisedFIS Payments (UK) LimitedBirminghamAuthorisedGMS Recovery Services LTDOldburyAuthorisedSAF Leasing LimitedTamworthAuthorisedShire Leasing PLCTamworthAuthorisedShire Recoveries LimitedTamworthAuthorised

Firms are listed by type and location, best known first. Being listed is not a recommendation: check any firm before you deal with it.

Get the full report on Paragon Finance

Everything on this page, plus everything locked above, in one dated PDF you can keep, file or send on.

  • 170 other companies its directors have run, named
  • 3 background checks on its contact details
  • All 53 events in its history
  • 7 connected firms, named, and who links them

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Frequently asked questions about this firm

Is Paragon Finance PLC FCA authorised?
Yes, Paragon Finance PLC (FRN 707521) is authorised by the FCA to carry out regulated activities. It has held its current authorisation since March 2016 and works as a debt collector. The FCA has placed no limits on its permissions.
What is Paragon Finance’s phone number and website?
The FCA register lists the phone number 0345 849 4000 and the website paragonbank.co.uk for Paragon Finance. If you were given different contact details, use these to check with the firm before going any further. The same number is also given by one other FCA firm.
Is Paragon Finance a scam or clone?
Paragon Finance is a genuine FCA-listed firm, and the FCA has published no warnings about fake versions of it. Scammers do copy real firms, though, so check that any contact details you were given match the ones on the register.
Is my money safe with Paragon Finance?
Its FCA permissions do not allow it to hold or control client money. It depends on the product, but eligible claims may be protected by the FSCS. You can also refer complaints about Paragon Finance to the Financial Ombudsman Service, free of charge.
Who owns Paragon Finance?
Paragon Finance is owned by Paragon Bank PLC, which holds 75–100% of shares, 75–100% of votes and can appoint and remove the board, since 2 November 2017. Before that, it was controlled by Paragon Banking Group PLC.
Who runs Paragon Finance?
Companies House lists 3 directors of Paragon Finance: Richard James Woodman, Keith Graham Allen and Nigel Stewart Terrington.
How long has Paragon Finance been in business?
The company was formed on 29 May 1985, and has held its current FCA authorisation since March 2016.
Does Paragon Finance use any other names?
It trades as Idem Servicing, Moorgate Loan Servicing, Paragon, Paragon Car Finance and Paragon Personal Finance. It has previously used the name Chatham Finance (UK).

Sources and links

The full report on Paragon Finance PLC

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