# PAX2PAY LTD (11747127)

> 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).

- Status: Active
- Incorporated: 2019-01-02
- Registered office: Bristol, BS1 6HU
- SIC 62012: Business and domestic software development
- SIC 96090: Other service activities n.e.c.
- Next accounts due: 2027-09-30
- Confirmation statement due: 2027-01-16
- Accounts type: FULL

By net assets it sits in the top quarter of 1,002 comparable companies in Bristol (median £4,011, upper quartile £45k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-12-31 | £525k | £935k | £5.38m | £5.81m | £19.98m | £2.38m | 16 |
| 2024-12-31 | £844k | £390k | £5.57m | £5.15m | £19.10m | £2.09m | 13 |
| 2023-12-31 | — | — | — | — | — | — | — |

current ratio 1.09; net margin 11.9%; size band small.

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

- Net assets above zero: Net assets £525,291 at 31 December 2025
- Net assets down 25% or more on the prior period: -37.8% vs prior period
- Cash at bank of £50,000 or more: Cash £935,324
- Three or more accounting periods on record: 3 periods on record
- Incorporated five or more years ago: Incorporated 2 January 2019

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

## Persons with significant control

- Mr Sven Anders Steen — owns 25–50% of shares; holds 25–50% of voting rights, since 2023-11-24
- Mr Lars Gunnar Osterberg — owns 25–50% of shares; holds 25–50% of voting rights, since 2023-11-24

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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/11747127
HTML: https://firmoscan.com/company/11747127-pax2pay-ltd