UK Companies House feature
PAX2PAY LTD
Cash
£390K
-20.9% vs 2023
Net assets
£844K
+11.6% vs 2023
Employees
13
+44.4% vs 2023
Profit before tax
£3M
+6.8% vs 2023
Profile
- Company number
- 11747127
- Status
- Active
- Incorporation
- 2019-01-02
- Last accounts made up
- 2024-12-31
- Account category
- FULL
- Primary SIC
- 62012
Net assets
6-year trend · vs UK AI & Enterprise SaaS median
Accounts
6-year trend · latest 2024-12-31
| Metric | Trend | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | £17,636,368 | £19,102,579 | |
| Operating profit | — | — | — | — | £2,629,537 | £2,813,684 | |
| Profit before tax | — | — | — | — | £2,605,182 | £2,783,360 | |
| Net profit | — | — | — | — | £1,992,742 | £2,087,518 | |
| Cash | £54,226 | — | — | — | £493,246 | £390,226 | |
| Total assets less current liabilities | — | — | — | — | £775,371 | £856,731 | |
| Net assets | -£205,856 | — | — | — | £756,898 | £844,416 | |
| Equity | -£205,856 | £24,495 | £1,064,678 | £527,424 | £756,898 | £844,416 | |
| Average employees | 2 | — | — | — | 9 | 13 | |
| Wages | — | — | — | — | £851,830 | £943,063 |
Values shown as filed in iXBRL accounts. — indicates the figure was not present in the extracted filing (either not filed under that concept or absent from the period). About these numbers
Audit & accounting basis
From AI-extracted PDF accounts
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- rock tax & 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 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
- “The prior year's financial statements were not audited, because there was no requirement for this to be done.”
Auditor / going-concern / subsidiary information is extracted from the PDF version of the latest annual accounts and is not tagged in iXBRL. About these numbers
People
4 active · 2 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ROXBURGH MILKINS LIMITED | Corporate Secretary | 2019-01-18 | — | — |
| EEROLA, Paivo | Director | 2021-06-14 | Feb 1967 | Finnish |
| ROBINSON, Ian David | Director | 2019-01-02 | Apr 1963 | British |
| WANDT, Claes Mikael | Director | 2022-12-05 | Mar 1964 | Swedish |
Show 2 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BARKER, Anthony Ian | Director | 2019-01-02 | 2021-07-12 |
| OSTERBERG, Lars Gunnar | Director | 2022-12-05 | 2025-03-27 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Pax2pay Ab | Corporate entity | Shares 75–100% | 2023-11-24 | Ceased 2023-11-24 |
| Mr Anthony Ian Barker | Individual | Shares 25–50%, Voting 25–50% | 2023-11-24 | Active |
| Mr Lars Gunnar Osterberg | Individual | Shares 25–50%, Voting 25–50% | 2023-11-24 | Active |
| Mr Sven Anders Steen | Individual | Shares 25–50%, Voting 25–50% | 2023-11-24 | Active |
| Paxport Group Uk Ltd | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2019-01-02 | Ceased 2023-11-24 |
Filing timeline
Last 20 of 40 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-02-23 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2025-07-07 | CH01 | officers | change person director company with change date |
| 2025-07-07 | CH01 | officers | change person director company with change date |
| 2025-07-04 | TM01 | officers | termination director company with name termination date |
| 2025-06-12 | AA | accounts | accounts with accounts type full |
| 2025-02-24 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2024-07-01 | AA | accounts | accounts with accounts type full |
| 2024-02-23 | CS01 | confirmation-statement | confirmation statement with updates |
| 2024-01-04 | PSC01 | persons-with-significant-control | notification of a person with significant control |
| 2024-01-04 | PSC01 | persons-with-significant-control | notification of a person with significant control |
| 2024-01-04 | PSC01 | persons-with-significant-control | notification of a person with significant control |
| 2024-01-04 | PSC07 | persons-with-significant-control | cessation of a person with significant control |
| 2024-01-04 | PSC07 | persons-with-significant-control | cessation of a person with significant control |
| 2023-12-14 | CS01 | confirmation-statement | confirmation statement with updates |
| 2023-11-29 | PSC02 | persons-with-significant-control | notification of a person with significant control |
| 2023-11-28 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2023-10-31 | AA | accounts | accounts with accounts type full |
| 2022-12-13 | AP01 | officers | appoint person director company with name date |
| 2022-12-13 | AP01 | officers | appoint person director company with name date |
| 2022-11-28 | CS01 | confirmation-statement | confirmation statement with updates |
Credit score
Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory