Pax8 Uk Limited

Pax8 Uk Limited, based in Bristol, UK, is a holding company with an active status, established six years ago in December 2018. The company employs 181 people and holds assets worth £20,535,582. It operates from a real address, Two The Distillery, 2 Avon Street, and is overseen by four directors, although no owners are officially listed. It boasts a stellar 5.0 Google rating based on six reviews. The company is an irregular importer, primarily dealing in machinery, boilers, and mechanical appliances; parts, with the last import operation occurring two months ago in December 2024.

The company operates in the management consultancy activities other than financial management industries. It’s a holding company, and its current assets have increased significantly, up 92% to £21,000,000. The company owns Wirehive Limited.

Financially, Pax8 Uk Limited presents a mixed picture. While current assets have grown substantially, net assets have decreased by 72% to -£29,000,000. Bank borrowings have surged, increasing by 350% to £1,100,000, while cash reserves have increased by 160% to £10,000,000. Creditors have also increased by 61% to £58,000,000. The company’s deferred tax policy involves recognising all timing differences, and its revenue recognition is based on the value of services provided to date. The company has not published a commitment to the UK Effective Stewardship Code.

The unaudited accounts, prepared using IRIS Accounts Production software, show a loss of -£12,000,000, a 5.8% decrease from the previous year. Despite these challenges, the company’s strong Google rating and growing asset base suggest a resilient business, although the substantial net liabilities and increased borrowings warrant close monitoring.

Registered in England/Wales under the registration number 11737022, with a registered address at BS2 0GR, England, Bristol, Two The Distillery, 2 Avon Street.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.