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Company No. 02447353 · Incorporated 28 Nov 1989

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”

Latest accounts · year to 31 Dec 2025

Key figures

Capital-lightCash flow filed
Revenue
£5.8m
Growth ▲33.7%
Profit
−£38k
Growth —
Profit margin
−0.7%
Gross 62.4%
Employees
30
Change ▲3.5%
Profit / employee
−£1.3k
Revenue/employee £194k
Profitable streak
0yrs
Consecutive profitable years in our data

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

5 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Dec 202131 Dec 202231 Dec 202331 Dec 202431 Dec 2025
DisclosureFull P&LFull P&LFull P&LFull P&LFull 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)1923282930
Ratios
Profit margin−65.8%50.9%6.6%−6%−0.7%
Gross margin25.9%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
SourceAccounts · bulk data Nov 2023Accounts · bulk data Nov 2023FullAccounts · bulk data Jul 2024FullAccounts · bulk data Jun 2025FullAccounts · bulk data Jun 2026
Derived from the latest filing

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.
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
▲170%
Now £66.6k
Cash at bank
▲49%
Now £469k
Headcount
▲3%
Now 30
Deferred income
—
Now —
Fixed assets
▼35%
Now £303k
Same industry, similar size

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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.