PAXPORT GROUP UK LIMITED

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Rock Tax and Accounting

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Significant events

• “Paxport Group UK Limited is a travel technology business focussed on the aggregation and distribution of airline content. During the last year, the business continued expand its product offering, updating and growing the number of connected airlines and air content providers, as well as evolving the overall end-to-end product offering to include brand new post-booking management capability.”
• “The company made a loss before tax of £316,202 (2023: profit of £209,884 after receiving dividends from its wholly owned subsidiary of £815,000) in the year. The company primarily saw a reduction in profitability due to no dividend income during the year. Net assets remained broadly the same at £25k in 2024.”
• “Operating loss was reduced from £541k in the previous year to £319k in the year ending 31 December 2024. Net current liabilities reduced from £482k in the previous year to £332k in the current year due to reduced levels of net creditors.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

2

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +3.5%

  £4,212,872 → £4,360,390

• Cash

  +33.6%

  £235,075 → £314,082

• Net assets

  +1%

  £24,396 → £24,646

• Employees

  +3.6%

  28 → 29

• Operating profit

  +41%

  -£541,384 → -£319,307

• Profit before tax

  -250.7%

  £209,884 → -£316,202

• Wages

  +16.4%

  £1,608,551 → £1,872,945

Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers