PAX8 UK LIMITED Financials
- Company number
- 11737022Copy
Copy - Registered office
- Two The Distillery, 2 Avon Street, Bristol BS2 0GR
- Incorporated
- 20/12/2018
Company snapshot
- Status
- Active
- Employees
- 204 (2024)
- Latest financial data
- 2024
- Accounts type
- Group
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-21.85%vs 20232023: £-30.12M
Total Assets
42.20%vs 20232023: £30.76M
Cash in Bank
42.83%vs 20232023: £10.36M
Total Liabilities
30.84%vs 20232023: £59.22M
Employees
+29vs 20232023: 175
In 2024, PAX8 UK LIMITED reported net assets of £-36.70M. The same filing shows total assets of £43.74M, cash in bank of £14.80M and total liabilities of £77.49M. Reported headcount was 204 in 2024. Total Liabilities rose from £59.22M in 2023 to £77.49M in 2024 (30.84%). Okredo holds filed figures for 2021–2024; 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
-21.85%from £-30.12M in 2023Year-on-year change
Net Assets as filed for 2021–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures PAX8 UK LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
Decreasedvs 2022Cash in Bank
+268%vs 2022+92% a year compound (CAGR)
Total Assets
+109%vs 2022+44.5% a year compound (CAGR)
Total Liabilities
+108%vs 2022+44.1% a year compound (CAGR)
Employees
+12.7%vs 2022+23Biggest increase
Cash in Bank+268%
£4.02M in 2022 to £14.80M in 2024
PAX8 UK LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in cash in bank, pointing to a more liquid cash position, with total assets, total liabilities and employee numbers climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from PAX8 UK LIMITED'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
- -83.91%2024
- Liabilities to total assets
- 177.15%2024
- Cash to liabilities
- 19.10%2024
- Cash to total assets
- 33.84%2024
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 PAX8 UK LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | -5.39M | -18.15M | -30.12M | -36.70M |
| Total Assets£ | 9.86M | 20.94M | 30.76M | 43.74M |
| Cash in Bank£ | 1.63M | 4.02M | 10.36M | 14.80M |
| Total Liabilities£ | 15.08M | 37.31M | 59.22M | 77.49M |
| Employees | 53 | 181 | 175 | 204 |
PAX8 UK LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has PAX8 UK LIMITED filed financial statements?
Yes. Okredo holds filed figures for PAX8 UK LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
What net assets did PAX8 UK LIMITED report in 2024?
PAX8 UK LIMITED reported net assets of £-36.70M for 2024. That compares with £-30.12M in 2023, a change of -21.85%.
What total assets did PAX8 UK LIMITED report in 2024?
PAX8 UK LIMITED reported total assets of £43.74M for 2024. That compares with £30.76M in 2023, a change of 42.20%.
What cash in bank did PAX8 UK LIMITED report in 2024?
PAX8 UK LIMITED reported cash in bank of £14.80M for 2024. That compares with £10.36M in 2023, a change of 42.83%.
How many people does PAX8 UK LIMITED employ?
PAX8 UK LIMITED reported 204 employees in 2024, compared with 175 in 2023.
How have PAX8 UK LIMITED financials changed over the last 3 years?
Between 2022 and 2024, PAX8 UK LIMITED's cash in bank rose by 268%, total assets rose by 109%, total liabilities rose by 108% and employee numbers rose by 12.7%. Cash in bank compounded at 92% a year across the two years to 2024, from £4.02M to £14.80M. Reported headcount went from 181 in 2022 to 204 in 2024 (+23).
Which years of PAX8 UK LIMITED financial data are available?
Okredo holds reported figures for the years 2021, 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.