Pax Yarns Limited
01053554
Healthy
No risk factors detected.
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 01/09/1991
ACCOUNTANT
BRITISH · UNITED KINGDOM · Age 69
Also on 10 other boards
director · Since 21/02/2011
DIRECTOR
BRITISH · UNITED KINGDOM · Age 70
Also on 5 other boards
director · Since 06/01/2022
ENTREPRENEUR
BRITISH · ENGLAND · Age 40
Also on 5 other boards
Persons with Significant Control
Axe Ventures Limited
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
HSBC BANK PLC
BANK LEUMI (U.K.) PLC
BANK LEUMI (U.K.) PLC
BANK LEUMI (U.K.) PLC
HILL SAMUEL COMMERCIAL FINANCE LIMITED
SECURITY PACIFIC DISCOUNT LIMITED.
UNITED MIZRAHI BANK LTD
UNITED MIZRAHI BANK LTD
THE FIRST NATIONAL BANK OF BOSTON.
ALLIED IRISH FINANCE LIMITED
THE CHASE MANHATTAN BANK N.A.
BARCLAYS BANK PLC
CHEMCO EQUIPMENT FINANCE LIMITED
CHEMCO EQUIPMENT FINANCE LIMITED
CompanyRankvs 165+ SIC 46410 peers84
Show leaderboard
How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 2.59 | -£1k |
| 2024 | 9.07 | -£22 |
| 2023 | 9.97 | -£2.0M |
| 2022 | 37.62 | +£12k |
| 2021 | 19.40 | +£34k |
| 2020 | 15.94 | -£65k |
| 2019 | 21.74 | -£266k |
| 2017 | 28.55 | — |
Derived from filed accounts. Not audited figures.