£525k
−38%vs Dec 2024Active11747127Private limited companyBristol
PAX2PAY LTD
B69/10001
Summary
PAX2PAY LTD is an active private limited company (company number 11747127) incorporated on 2 January 2019, registered in Bristol. Its registered activity is business and domestic software development (SIC 62012). Latest full accounts cover the period ending 31 December 2025, showing net assets of £525k and cash of £935k, with 16 employees on average. Turnover was £19.98m and profit for the year £2.38m. Net assets fell 38% on the prior period (£844k).
Peer position · net assets
By net assets it sits in the top quarter of 1,002 comparable companies in Bristol (median £4,011, upper quartile £45k).
02
Key dates
- Incorporated
- 2 January 20197 yrs ago
- Next accounts due
- 30 September 2027in 343 days
- Confirmation statement due
- 16 January 2027in 86 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
03
Activity
- SIC 62012
- Business and domestic software development
- SIC 96090
- Other service activities n.e.c.
- Accounts type
- Full
- Size band
- SmallCompanies Act thresholds
04
Financials
£935k
+140%vs Dec 2024£19.98m
+5%vs Dec 202416
+23%vs Dec 2024| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 31 December 2025 | £525k | £935k | £5.38m | £5.81m | £19.98m | £2.38m | 16 |
| 31 December 2024 | £844k | £390k | £5.57m | £5.15m | £19.10m | £2.09m | 13 |
| 31 December 2023 | — | — | — | — | — | — | — |
Current ratio1.09Current assets ÷ creditors within one year
Net margin11.9%Profit for the year ÷ turnover
Cash per employee£58kCash ÷ average employees
Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing.
05
Firmoscan score
69 / 100 · grade B
| 50 | Starting scoreEvery scored company starts here |
| +10 | Positive net assetsNet assets £525,291 at 2025-12-31 |
| −8 | Net assets falling-37.8% vs prior period |
| +4 | Cash reservesCash £935,324 |
| +5 | Multi-year filing history3 periods on record |
| +8 | EstablishedIncorporated 2019-01-02 (8 years) |
| 69 | Score, grade B |
A transparent, rules-based score from filed data only: every point lists its evidence. It is not a credit rating or advice. How the score is computed.
06
Ownership and control
- Mr Sven Anders Steen
- owns 25–50% of shares
- holds 25–50% of voting rights
- Mr Lars Gunnar Osterberg
- owns 25–50% of shares
- holds 25–50% of voting rights
- Paxport Group Uk Ltd
- owns 75–100% of shares
- holds 75–100% of voting rights
- can appoint or remove directors
- Mr Anthony Ian Barker
- owns 25–50% of shares
- holds 25–50% of voting rights
- Pax2pay Ab
- owns 75–100% of shares
Persons with significant control hold 25% or more of shares or voting rights. Smaller shareholdings are only listed in confirmation-statement documents.
07
Timeline
- Next accounts duein 343 days
- Confirmation statement duein 86 days
- Accounts period endNet assets £525k · full accounts
- Accounts period endNet assets £844k · full accounts
- Accounts period end
- Incorporated
08
Similar companies in Bristol
09
Reminders for PAX2PAY LTD
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.