PARAMOUNT SAFEGUARDING LTD
Executive Summary
Paramount Safeguarding Ltd is a micro-entity operating in the primary education sector with a specialized focus on safeguarding services. While it demonstrates improved financial health and stable leadership, its small scale and limited resources position it as a niche player rather than a sector leader. The company is well-aligned with increasing regulatory demand for safeguarding expertise but will need to expand operational capacity and market presence to compete effectively within the broader education landscape.
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This analysis is opinion only and should not be interpreted as financial advice.
PARAMOUNT SAFEGUARDING LTD - Analysis Report
- Industry Classification
Paramount Safeguarding Ltd operates under SIC code 85200, which corresponds to Primary Education. This sector primarily includes establishments engaged in providing education at the primary school level, typically covering early years up to age 11. Key characteristics of this sector include regulatory oversight by the Department for Education, reliance on public funding or parental fees, and a strong emphasis on safeguarding, curriculum delivery, and compliance with educational standards. The sector generally features a mix of public, private, and independent schools, alongside specialized providers in safeguarding and child protection services within education.
- Relative Performance
As a recently incorporated private limited company (since February 2022), Paramount Safeguarding Ltd is classified as a micro-entity based on its financial size and employee count (1 employee). Its unaudited abridged accounts for the year ending February 2024 show net assets of £25,273, a significant improvement from net liabilities of approximately £2,500 reported in prior years. Cash reserves increased from ~£30,666 to ~£45,955, while current liabilities decreased substantially, leading to positive net current assets of £25,273.
Compared to typical primary education providers, which often have larger balance sheets and multiple employees, Paramount Safeguarding Ltd operates on a very small scale. Industry benchmarks usually show primary education entities with higher operational expenses and staff numbers due to teaching and administration requirements. The company’s financials indicate a nascent stage with modest capital and minimal fixed assets, which is consistent with a niche or specialized service provider rather than a full-scale school.
- Sector Trends Impact
The primary education sector in the UK is influenced by several trends affecting companies like Paramount Safeguarding Ltd:
- Increased regulatory focus on safeguarding and child protection, raising demand for specialized services.
- Growing emphasis on compliance and training in safeguarding, especially for private and independent schools.
- Budget constraints in public education leading some schools to outsource safeguarding consultancy and training.
- The COVID-19 pandemic accelerated digital education and remote safeguarding monitoring needs.
- Staff retention challenges and government policy changes impacting hiring and operational models.
Paramount Safeguarding Ltd’s focus on safeguarding aligns well with these trends, positioning it to benefit from the sector’s increased demand for specialized safeguarding expertise and consultancy services. However, as a micro-entity, scaling to meet broader sector demands may require resource expansion.
- Competitive Positioning
Strengths:
- Positive turnaround in net assets and liquidity signals improved financial stability.
- Sole directorship and significant control by Mrs. Kyriakou Mingay provide clear leadership and decision-making agility.
- Operating in a niche within the primary education sector focused on safeguarding could allow specialized service offerings tailored to regulatory requirements.
- Low overhead and minimal fixed assets reduce operational risk in early growth phases.
Weaknesses:
- Very limited employee base (1 employee) restricts operational capacity and scalability.
- Small financial footprint and lack of audited accounts may limit credibility with larger clients or public sector contracts.
- Absence of fixed assets and reliance on cash reserves could constrain investment in technology or human resources needed to compete effectively.
- Being a new entrant, the company faces challenges in brand recognition and market penetration against established education providers or safeguarding consultancies.
In comparison with typical primary education entities, which often have diverse revenue streams, larger staff, and established client bases, Paramount Safeguarding Ltd currently occupies a niche and follower position. As a micro-entity, it likely serves a limited client segment focusing on safeguarding services rather than full educational provision.
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