# PANAZ LIMITED (01944865)

> PANAZ LIMITED is an active private limited company (company number 01944865) incorporated on 5 September 1985, registered in Burnley. Its registered activity is manufacture of other technical and industrial textiles (SIC 13960). Latest full accounts cover the period ending 31 March 2025, showing net assets of £6.80m and cash of £1.82m, with 96 employees on average. Turnover was £20.24m and profit for the year £755k. Net assets rose 7% on the prior period (£6.34m).

- Status: Active
- Incorporated: 1985-09-05
- Registered office: Burnley, BB11 5ST
- SIC 13960: Manufacture of other technical and industrial textiles
- Next accounts due: 2026-12-31
- Confirmation statement due: 2027-09-19
- Accounts type: FULL

By net assets it sits in the top quarter of 243 comparable companies in the UK (median £5,937, upper quartile £245k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-03-31 | £6.80m | £1.82m | £3.78m | £4.17m | £20.24m | £755k | 96 |
| 2024-03-31 | £6.34m | £2.24m | £3.79m | £4.43m | £21.02m | £1.16m | 94 |
| 2023-03-31 | — | — | — | — | — | — | — |

current ratio 2.42; net margin 3.7%; size band medium.

## Filing and accounts signals (facts, not a rating)

- Net assets above zero: Net assets £6,798,270 at 31 March 2025
- Current assets at least 1.5× creditors within one year: Current ratio 2.42
- Cash at bank of £50,000 or more: Cash £1,821,336
- Three or more accounting periods on record: 3 periods on record
- Incorporated five or more years ago: Incorporated 5 September 1985

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Panaz Holdings Ltd (corporate-entity) — owns 75–100% of shares, since 2016-04-06

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/01944865
HTML: https://firmoscan.com/company/01944865-panaz-limited