How much does Panaz Limited make?

Panaz Limited reported revenue of £20.2m and £755k profit in the year to 31 Mar 2025, according to its accounts filed at Companies House.

How many employees does Panaz Limited have?

Panaz Limited reported an average of 96 employees in the year to 31 Mar 2025.

Is Panaz Limited profitable?

Yes — Panaz Limited reported a profit of £755k in the year to 31 Mar 2025.

Company No. 01944865 · Incorporated 5 Sep 1985

Panaz Limited

Registered name: PANAZ LIMITED

Part of Panaz Group Ltd group

Panaz Limited made £20.2m revenue and £755k profit in the year to 31 Mar 2025.

Panaz Limited’s revenue fell 4% to £20.2m in the year to 31 Mar 2025, with £755k profit and 96 employees. The company is classified under “manufacture of other technical and industrial textiles” and is based in Burnley; we hold 4 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 13960Manufacture of other technical and industrial textiles

Status: Active
Location: Burnley, North West
Age: 41 yrs · since 1985
Type: Private Limited Company

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “The company is a wholly owned subsidiary of Panaz Holdings Limited, a company incorporated in England and Wales. The ultimate controlling party is Mr A J W Attard. The”

Latest accounts · year to 31 Mar 2025

Key figures

Capital-light

Revenue

£20.2m

Growth ▼3.7%

Profit

£755k

Growth ▼34.7%

Profit margin

3.7%

Employees

Change ▲2.1%

Profit / employee

£7.9k

Revenue/employee £211k

Profitable streak

4yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Mar 2022	31 Mar 2023	31 Mar 2024	31 Mar 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£16.9m	£19.5m	£21m	£20.2m
Cost of sales	£9.6m	£11m	£12.1m	—
Gross profit	£7.3m	£8.5m	£8.9m	—
Operating profit	£1.7m	£1.5m	£1.6m	£1m
Profit before tax	£1.7m	£1.5m	£1.6m	£1m
Profit after tax	£1.5m	£1.2m	£1.2m	£755k
Profit (best available)	£1.5m	£1.2m	£1.2m	£755k
Staff costs	£3m	£3.7m	£3.9m	£4.4m
Employees (average)	87	92	94	96
Ratios
Profit margin	8.6%	6.2%	5.5%	3.7%
Gross margin	43.4%	43.6%	42.4%	—
Revenue per employee	£195k	£212k	£224k	£211k
Profit per employee	£16.8k	£13.2k	£12.3k	£7.9k
Growth (year on year)
Revenue growth	—	▲15.3%	▲7.7%	▼3.7%
Profit growth	—	▼16.6%	▼5%	▼34.7%
Headcount growth	—	▲5.8%	▲2.2%	▲2.1%
Balance sheet — indirect signals, not revenue
Cash at bank	£2m	£2m	£2.2m	£1.8m
Net assets	£6.5m	£6.7m	£6.3m	£6.8m
Fixed assets	£772k	£911k	£906k	£1.1m
Current assets	£9.2m	£10m	£10m	£10.1m
Debtors	£3.3m	£3.4m	£3.4m	£3.4m
Deferred income	£210k	£539k	£426k	£525k
Source	FullAccounts · bulk data Nov 2023	FullAccounts · bulk data Nov 2023	FullAccounts · bulk data Oct 2024	FullAccounts · bulk data Nov 2025

Derived from the latest filing

How the business works

Profit margin: 3.7%; Profit ÷ revenue.
Gross margin: —; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £211k; Revenue ÷ average employees.
Profit per employee: £7.9k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 5.3%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 2.6%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 16.8%; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets: ▲7%; Now £6.8m
Cash at bank: ▼19%; Now £1.8m
Headcount: ▲2%; Now 96
Deferred income: ▲23%; Now £525k
Fixed assets: ▲19%; Now £1.1m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

Panaz Group Ltdultimate parent75–100%
Panaz Holdings Limited75–100%
Panaz Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (2)

Chase Erwin LimitedFigures not disclosed
Essential Soft Furnishings LimitedFigures not disclosed

From the Persons with Significant Control register (corporate controllers only).

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £755k), from the Companies House accounts bulk data published Nov 2025. Spotted an error? Request a correction.

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.