Paxport Group UK Limited
Registered name: PAXPORT GROUP UK LIMITED
Paxport Group UK Limited made £5.8m revenue and a £38k loss in the year to 31 Dec 2025.
Paxport Group UK Limited’s revenue grew 34% to £5.8m in the year to 31 Dec 2025, with a loss of £38k and 30 employees. The company is classified under “business and domestic software development” and is based in Bristol; we hold 5 years of its filed accounts.
- Status
- Active
- Location
- Bristol, South West
- Age
- 36 yrs · since 1989
- 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 controlled by Paxport Group AB by virtue of its majority shareholding. Paxport Group AB is also the ultimate parent company, incorporated in Sweden, whose principal place of business an”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2021 | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||||
| Revenue (turnover) | £2m | £4.1m | £4.2m | £4.4m | £5.8m |
| Cost of sales | £1.5m | £923k | £595k | £620k | £2.2m |
| Gross profit | £519k | £3.2m | £3.6m | £3.7m | £3.6m |
| Operating profit | −£1.4m | £181k | −£541k | −£319k | −£84.3k |
| Profit before tax | −£1.4m | £2.1m | £210k | −£316k | −£79k |
| Profit after tax | −£1.3m | £2.1m | £276k | −£260k | −£38k |
| Profit (best available) | −£1.3m | £2.1m | £276k | −£260k | −£38k |
| Staff costs | £970k | £1.5m | £1.9m | £2.2m | £2.3m |
| Employees (average) | 19 | 23 | 28 | 29 | 30 |
| Ratios | |||||
| Profit margin | −65.8% | 50.9% | 6.6% | −6% | −0.7% |
| Gross margin | 25.9% | 77.4% | 85.9% | 85.8% | 62.4% |
| Revenue per employee | £105k | £177k | £150k | £150k | £194k |
| Profit per employee | −£69.4k | £90.3k | £9.8k | −£9k | −£1.3k |
| Cash conversion | — | −697.7% | — | — | — |
| Growth (year on year) | |||||
| Revenue growth | — | ▲103.7% | ▲3.3% | ▲3.5% | ▲33.7% |
| Profit growth | — | — | ▼86.7% | ▼194.2% | — |
| Headcount growth | — | ▲21.1% | ▲21.7% | ▲3.6% | ▲3.5% |
| Balance sheet — indirect signals, not revenue | |||||
| Cash at bank | £589k | £240k | £235k | £314k | £469k |
| Net assets | −£929k | £349k | £24.4k | £24.6k | £66.6k |
| Fixed assets | £1.6m | £1.5m | £667k | £468k | £303k |
| Current assets | £1.8m | £2.9m | £2.7m | £2.4m | £2m |
| Debtors | £464k | £520k | £592k | £556k | £414k |
| Cash from operations | −£69.7k | −£1.3m | £186k | −£156k | £73.9k |
| Source | Accounts · bulk data Nov 2023 | Accounts · bulk data Nov 2023 | FullAccounts · bulk data Jul 2024 | FullAccounts · bulk data Jun 2025 | FullAccounts · bulk data Jun 2026 |
How the business works
- Profit margin
- −0.7%
- Profit ÷ revenue.
- Gross margin
- 62.4%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £194k
- Revenue ÷ average employees.
- Profit per employee
- −£1.3k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 5.2%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 7.1%
- Money owed by customers. Low = customers pay quickly.
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
- ▲170%
- Now £66.6k
- Cash at bank
- ▲49%
- Now £469k
- Headcount
- ▲3%
- Now 30
- Deferred income
- —
- Now —
- Fixed assets
- ▼35%
- Now £303k
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit −£38k), from the Companies House accounts bulk data published Jun 2026. 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.