Paramount Structures is an award-winning consultancy with six offices across the UK
Paramount Structures was involved with the design of Center Parcs Longford Forest in Ireland(Image: Irish Mirror)
A Gloucestershire-headquartered engineering firm that had worked on projects for Center Parcs, Lidl and Premier Inn has appointed administrators.
Paramount Structures Limited was established in 2008 and offers structural engineering and design services from its six UK offices in Moreton-in-Marsh, Edinburgh, Corby, Bournemouth, Chichester and Lisburn in Northern Ireland.
It was behind a number of multimillion-pound schemes including a new music facility for Wells Cathedral School, a Center Parcs forest resort in Ireland and a student accommodation block for Exeter University.
Domestic projects included the structural design of a sailing club for Christian Youth Enterprises and a Yoo Lakes private estate scheme in the Cotswolds.
“Our team provides everything from comprehensive design drawings to skilled and environmentally friendly engineering,” a statement on the company’s website states. “We truly believe that if it can be drawn, it can be engineered to work.”
Paramount’s directors are Gordy Nelson (chief executive), Emma Nelson (managing director) and Mark Kirk (technical director).
According to a notice on the Gazette – the UK public records site – the business appointed John Hedger of business recovery and insolvency firm Seneca on July 20.
It is not known why Paramount, which is part of the Structural Timber Association and the Concrete Society, appointed administrators or whether the business is at risk of closure.
Documents on Companies House show the business filed a satisfaction of charge in full – meaning it settled an outstanding debt – on July 22.
In the latest set of accounts available, for the year ended December 2024, the company had assets of £769,230 and net liabilities – or debt – of £81,947. Capital and reserves at the time stood at £47,227 – down from £162,699 in 2023. The average number of people employed by the company at the time was 12.
Just two months ago, Paramount was hiring for an ‘experienced structural engineer’ based in Scotland, according to LinkedIn, but the business has not posted on Facebook or Instagram since October last year.
Business Live has contacted the administrators and Paramount for comment.
The Gazette notice advises people to contact Michelle Shaw of Seneca on 01629 761700 or at Michelle.Shaw@seneca-ip.co.uk for more information on the administration.
You must be logged in to post a comment Login