Paxt Limited

Paxt Ltd from Sawston UK is a small, active company founded 24 years ago. With nine employees and £995,117 in assets, it’s a well-established player in its sector. The company has two directors and two owners, operating from a real address and maintaining a solid reputation. It's a regular importer and exporter of electrical machinery and equipment, with a history of 108 months of imports and 429 months of exports.

The company’s website showcases its role as agents specializing in the sale of other particular products. While it doesn’s appear to be a full-blown e-commerce operation, the site provides information about its services and contact details. It’s a business-to-business operation, focused on connecting suppliers and customers in the electrical machinery and equipment industry.

Financially, Paxt Ltd’s recent performance shows some concerning trends. Accumulated depreciation on plant and machinery increased by 21%, and on vehicles by 3.6%. Amounts owed to group undertakings rose by 8.9%, while cash bank on hand saw a dramatic increase of 47,000%, jumping to £160,000. Corporation tax payable rose by 49%, and creditors decreased by 4.1%. Net assets declined by 34%, and net current assets plummeted 98%. The company’s small size (meeting two of three conditions for a small company) helps it stay nimble, but the decrease in equity and net current assets suggests a potential need for careful financial management. The lack of an auditor mentioned (likely exempt as a small company) means the figures rely on unaudited statements.

The company's reliance on imports and exports, combined with the fluctuating financial data, suggests a business that’s sensitive to global supply chain dynamics and economic conditions. The sharp increase in cash reserves could indicate a period of reduced spending or delayed payments, which could be a temporary situation or a sign of underlying financial pressures.

Registered in England/Wales under the registration number 04026429, with a registered address at CB22 3JH, Sawston, Cambridgeshire, Unit 15 South Cambs, Business Park Babraham Road.

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