Back to search

Pax Yarns Limited

01053554

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

BANK FARM CONGERSTONE LANE, NUNEATON, CV13 0BU
Incorporated 08/05/1972

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46410
Wholesale of textiles

Officers

Mr Nigel Gideon Axelrad

director · Since 01/09/1991

ACCOUNTANT

BRITISH · UNITED KINGDOM · Age 69

Also on 10 other boards

Mrs Janie Clodagh Axelrad

secretary · Since 11/05/2009

BRITISH

Also on 5 other boards

Mrs Janie Clodagh Axelrad

director · Since 21/02/2011

DIRECTOR

BRITISH · UNITED KINGDOM · Age 70

Also on 5 other boards

Mr Emile John Axelrad

director · Since 06/01/2022

ENTREPRENEUR

BRITISH · ENGLAND · Age 40

Also on 5 other boards

Persons with Significant Control

Axe Ventures Limited

75–100% shares
75–100% votes

Bank Farm, Congerstone Lane, Nuneaton, CV13 0BU

Reg: 13195061 · Register Of People With Significant Control (Psc) · Limited Company

Notified 01/06/2021

Former PSCs

Mr Nigel Gideon Axelrad

Ceased 01/06/2021

Charges0 outstanding

charge
satisfied

HSBC BANK PLC

Created 16/01/2012Registered 17/01/2012Satisfied 02/02/2023
charge
satisfied

BANK LEUMI (U.K.) PLC

Created 07/05/1996Registered 23/05/1996Satisfied 19/06/2012
charge
satisfied

BANK LEUMI (U.K.) PLC

Created 07/05/1996Registered 23/05/1996Satisfied 19/06/2012
charge
satisfied

BANK LEUMI (U.K.) PLC

Created 07/05/1996Registered 23/05/1996Satisfied 19/06/2012
charge
satisfied

HILL SAMUEL COMMERCIAL FINANCE LIMITED

Created 01/07/1992Registered 14/07/1992Satisfied 18/09/2009
charge
satisfied

SECURITY PACIFIC DISCOUNT LIMITED.

Created 01/08/1989Registered 04/08/1989Satisfied 06/03/1996
charge
satisfied

UNITED MIZRAHI BANK LTD

Created 28/09/1988Registered 17/10/1988Satisfied 10/06/1997
charge
satisfied

UNITED MIZRAHI BANK LTD

Created 28/09/1988Registered 17/10/1988Satisfied 10/06/1997
charge
satisfied

THE FIRST NATIONAL BANK OF BOSTON.

Created 22/04/1985Registered 25/04/1985Satisfied 19/03/1996
charge
satisfied

ALLIED IRISH FINANCE LIMITED

Created 15/04/1985Registered 24/04/1985Satisfied 24/10/1992
charge
satisfied

THE CHASE MANHATTAN BANK N.A.

Created 09/12/1983Registered 20/12/1983Satisfied 24/10/1992
charge
satisfied

BARCLAYS BANK PLC

Created 08/04/1983Registered 14/04/1983
charge
satisfied

CHEMCO EQUIPMENT FINANCE LIMITED

Created 30/03/1981Registered 09/04/1981
charge
satisfied

CHEMCO EQUIPMENT FINANCE LIMITED

Created 31/03/1981Registered 09/04/1981

CompanyRankvs 165+ SIC 46410 peers
84

Financial strength87th percentile among SIC peers · 22/25
Employees83th percentile among SIC peers · 12/15
LiquidityCurrent ratio 2.59× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength22/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees12/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/03/2025

Net Worth

£205k

Balance sheet strength

Cash

£107k

Cash in the bank

Net Current Assets

£202k

Working capital

Current Assets

£328k

Current Liabilities

£127k

Fixed Assets

£3k

Debtors

£96k

4avg. employees

Tax at Year End

Corp tax£0

Balance Sheet

Assets less current liabilities£205k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20252.59-£1k
20249.07-£22
20239.97-£2.0M
202237.62+£12k
202119.40+£34k
202015.94-£65k
201921.74-£266k
201728.55

Derived from filed accounts. Not audited figures.