Midlands-based interior fit-out business Paragon Interiors Group Plc, has entered administration and Richard Pinder, Sean Williams and Alex Cadwallader from Leonard Curtis Business Rescue & Recovery have been appointed joint administrators.
Paragon Interiors was established in 1986 by the current chairman Alan Hardy and turnover was approaching £80 million before it began to experience difficulties. It’s client list included Adidas, Jaguar Land Rover, ITV and the University of Loughborough.
The joint administrators are seeking offers for the business in order to preserve jobs and maximise the return to creditors. It is understood that the company employs in excess of 90 people.