PASS LTD Financials
- Company number
- 04457106Copy
Copy - Registered office
- 1 Wilson Street, Thornaby, Stockton On Tees TS17 7AR
- Incorporated
- 07/06/2002
Company snapshot
- Status
- Active
- Employees
- 130 (2025)
- Latest financial data
- 2025
- Accounts type
- Group
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
10.48%vs 20242024: £8.16M
Total Assets
31.00%vs 20242024: £14.43M
Cash in Bank
-7.23%vs 20242024: £2.78M
Total Liabilities
41.87%vs 20242024: £4.39M
Employees
+18vs 20242024: 112
In 2025, PASS LTD reported net assets of £9.01M. The same filing shows total assets of £18.90M, cash in bank of £2.58M and total liabilities of £6.22M. Reported headcount was 130 in 2025. Total Assets rose from £14.43M in 2024 to £18.90M in 2025 (31.00%). Okredo holds filed figures for 2021–2025; the table below lists every reported indicator by year. See every reported indicator by year.
Financial performance
Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.
Net Assets
10.48%from £8.16M in 2024Year-on-year change
Net Assets as filed for 2021–2025. Every figure in this chart is also in the financial history table.
3-year financial trend (2023–2025)
How the figures PASS LTD filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
+29.7%vs 2023+13.9% a year compound (CAGR)
Cash in Bank
-2%vs 2023-1% a year compound (CAGR)
Total Assets
+20.9%vs 2023+10% a year compound (CAGR)
Total Liabilities
-7.5%vs 2023-3.8% a year compound (CAGR)
Employees
+14%vs 2023+16Biggest increase
Net Assets+29.7%
£6.95M in 2023 to £9.01M in 2025
Biggest decrease
Total Liabilities-7.5%
£6.73M in 2023 to £6.22M in 2025
PASS LTD's filings pull in both directions between 2023 and 2025. The steepest rise came in net assets, pointing to a strengthening balance sheet, set against a fall in total liabilities, pointing to lighter outstanding obligations. See the full year-by-year figures.
Ratios from the filed figures
Calculated from PASS LTD's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.
- Net assets to total assets
- 47.71%2025
- Liabilities to total assets
- 32.93%2025
- Cash to liabilities
- 41.50%2025
- Cash to total assets
- 13.67%2025
Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
Reported cash in bank divided by reported total assets, for the latest year both were filed.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for PASS LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net Assets£ | 4.45M | 5.71M | 6.95M | 8.16M | 9.01M |
| Total Assets£ | 11.56M | 12.50M | 15.63M | 14.43M | 18.90M |
| Cash in Bank£ | 3.46M | 2.71M | 2.63M | 2.78M | 2.58M |
| Total Liabilities£ | 5.34M | 4.95M | 6.73M | 4.39M | 6.22M |
| Employees | 81 | 109 | 114 | 112 | 130 |
PASS LTD financials: frequently asked questions
Answered from this company's own filed figures.
Has PASS LTD filed financial statements?
Yes. Okredo holds filed figures for PASS LTD covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
What net assets did PASS LTD report in 2025?
PASS LTD reported net assets of £9.01M for 2025. That compares with £8.16M in 2024, a change of 10.48%.
What total assets did PASS LTD report in 2025?
PASS LTD reported total assets of £18.90M for 2025. That compares with £14.43M in 2024, a change of 31.00%.
What cash in bank did PASS LTD report in 2025?
PASS LTD reported cash in bank of £2.58M for 2025. That compares with £2.78M in 2024, a change of -7.23%.
How many people does PASS LTD employ?
PASS LTD reported 130 employees in 2025, compared with 112 in 2024.
How have PASS LTD financials changed over the last 3 years?
Between 2023 and 2025, PASS LTD's net assets rose by 29.7%, cash in bank fell by 2%, total assets rose by 20.9% and total liabilities fell by 7.5%. Net assets compounded at 13.9% a year across the two years to 2025, from £6.95M to £9.01M. Reported headcount went from 114 in 2023 to 130 in 2025 (+16).
Which years of PASS LTD financial data are available?
Okredo holds reported figures for the years 2021, 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.