You can also try Rshosting.Com they offer both US and UK hosting with good managed service available. I have used them for few of my project , what I liked about them was there support.
Magento is good option it just requires dedicated resources when you expect good performance.. so while moving forward with magento make sure you get some good resources for your website.
Now Paragon is a part of Godaddy thats the reason all of a sudden there are issues with this web hosting companies.
I use Webhost.uk.net pretty happy with them.
you can checkout webhostingtalk for alternate provider or even check :
http://www.freeindex.co.uk/categories/computers_and_internet/web_hosting/
Got a list of UK web hosting providers.
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