PAXTON ACCESS LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-04-09 (in 11mo)
Last made up 2026-03-26
Watchouts
None on the register
Cash
£4M
+46.1% vs 2023
Net assets
£33M
+14.6% vs 2023
Employees
340
+2.7% vs 2023
Profit before tax
£4M
-1.7% vs 2023
Net assets
7-year trend · vs Industrials median
Accounts
7-year trend · latest reflected 2024-12-31
| Metric | Trend | 2018-12-31 | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | — | £65,957,032 | £66,270,525 | |
| Operating profit | — | — | — | — | — | £4,866,906 | £4,572,049 | |
| Profit before tax | — | — | — | — | — | £4,320,858 | £4,249,063 | |
| Net profit | — | — | — | — | — | £4,252,858 | £4,491,063 | |
| Cash | — | — | — | — | — | £2,516,231 | £3,675,074 | |
| Total assets less current liabilities | — | — | — | — | — | £30,223,773 | £34,787,330 | |
| Net assets | — | — | — | — | — | £28,874,250 | £33,085,313 | |
| Equity | £13,657,519 | £15,162,995 | — | — | — | £28,874,250 | £33,085,313 | |
| Average employees | — | — | — | — | — | 331 | 340 | |
| Wages | — | — | — | — | — | £15,547,238 | £16,819,720 | |
| Directors' remuneration | — | — | — | — | — | £2,067,009 | £2,697,281 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+0.5%
£65,957,032 £66,270,525
-
Cash
+46.1%
£2,516,231 £3,675,074
-
Net assets
+14.6%
£28,874,250 £33,085,313
-
Employees
+2.7%
331 340
-
Operating profit
-6.1%
£4,866,906 £4,572,049
-
Profit before tax
-1.7%
£4,320,858 £4,249,063
-
Wages
+8.2%
£15,547,238 £16,819,720
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2018-12-31 | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | — | 7.4% | 6.9% | |
| Net margin | — | — | — | — | — | 6.4% | 6.8% | |
| Return on capital employed | — | — | — | — | — | 16.1% | 13.1% | |
| Current ratio | — | — | — | — | — | 3.08x | 4.24x | |
| Interest cover | — | — | — | — | — | 8.91x | 14.16x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Name history
Renamed 2 times since incorporation
- PAXTON ACCESS LIMITED 1997-01-02 → present
- PAXTON AUTOMATION LIMITED 1985-02-19 → 1997-01-02
- BEAMDASH LIMITED 1985-01-22 → 1985-02-19
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Humphrey & Co Audit Services Ltd
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The company benefits from the support of its owners and financial resilience developed through working with key managerial stakeholders. At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future extending beyond the next twelve months. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.”
Significant events
- “Invest in plastic injection moulding machines to provide resilience and greater production efficiency, whilst also having a positive impact on our carbon emissions.”
- “Continued focus on our impact to the environment through our cross departmental Paxton Green Team, achieving carbon neutral status, through a combination of procedural changes and carbon offsetting initiatives.”
- “Moved into our new bespoke office and factory space in Greenville, SC, to facilitate our growth in the US.”
- “Applied for and achieved ISO 27001 certification for the security of our IT infrastructure.”
- “Following the stabilisation of the electronic component market, making a concerted effort to reduce stock holding whilst providing the same service to our distribution network and installers worldwide.”
- “Continuous investment in new products and systems for future release.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
10 active · 12 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CLEMENTS, Alex | Secretary | 2023-01-01 | — | — |
| BANNISTER, Paul Rodney | Director | 2011-01-01 | Nov 1969 | British |
| BOWEN, Blair | Director | 2024-01-01 | Sep 1987 | British |
| BROTHERTON-RATCLIFFE, Sholto | Director | 2018-03-01 | Mar 1990 | British |
| CLEMENTS, Alex | Director | 2024-01-01 | Oct 1984 | British |
| O'DONNELL, Nicola Mouyra | Director | 2017-01-01 | Jan 1972 | British |
| O'HARA, Gareth | Director | 2012-07-01 | May 1979 | British |
| RAWLINSON, Paul Stephen | Director | 2000-01-17 | Mar 1971 | British |
| STROUD, Adam John | Director | 2003-11-13 | Apr 1973 | British |
| TAYLOR, Steven | Director | 2023-02-06 | Sep 1977 | British |
Show 12 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| COOK, John George | Secretary | — | 1992-04-30 |
| HOGGATT, Drew | Secretary | 1992-05-01 | 2011-07-19 |
| BANNISTER, Paul Rodney | Director | 1995-06-01 | 2010-01-31 |
| BROTHERTON-RATCLIFFE, Anthony | Director | — | 2022-07-22 |
| COOK, John George | Director | 1996-09-16 | 2002-05-31 |
| DARTNELL, Janis Margaret | Director | 1996-01-10 | 2012-07-01 |
| HOGGATT, Drew | Director | — | 2011-07-19 |
| PAREKH, Vinay | Director | 2012-07-01 | 2022-12-31 |
| THOMPSON, Mark Stjohn | Director | 2005-11-07 | 2010-01-31 |
| WALLING, Paul | Director | 2018-01-02 | 2019-12-31 |
| WILLIAMSON, John Frank | Director | 2015-10-05 | 2017-11-01 |
| YOUNG, Stephen Gary | Director | 2014-04-14 | 2015-11-10 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Sholto Brotherton-Ratcliffe | Individual | Significant influence | 2019-03-26 | Ceased 2019-12-31 |
| Mr Paul Walling | Individual | Significant influence | 2018-01-02 | Ceased 2019-12-31 |
| Mrs Nicola Mouyra O'Donnell | Individual | Significant influence | 2017-01-01 | Ceased 2019-12-31 |
| Mr Anthony Brotherton-Ratcliffe | Individual | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Ceased 2019-12-31 |
| Mr Paul Stephen Rawlinson | Individual | Significant influence | 2016-04-06 | Ceased 2019-12-31 |
| Mr Gareth O'Hara | Individual | Significant influence | 2016-04-06 | Ceased 2019-12-31 |
| Mr Paul Rodney Bannister | Individual | Significant influence | 2016-04-06 | Ceased 2019-12-31 |
| Mr Vinay Parekh | Individual | Significant influence | 2016-04-06 | Ceased 2019-12-31 |
| Mr Adam John Stroud | Individual | Significant influence | 2016-04-06 | Ceased 2019-12-31 |
| Mr John Frank Williamson | Individual | Significant influence | 2016-04-06 | Ceased 2017-11-01 |
| Paxton Access Group Ltd | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 189 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-08 | CH01 | officers | Change person director company with change date | |
| 2026-04-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-06-09 | AA | accounts | Accounts with accounts type full | |
| 2025-04-01 | CH01 | officers | Change person director company with change date | |
| 2025-04-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-08-14 | CH01 | officers | Change person director company with change date | |
| 2024-08-14 | CH01 | officers | Change person director company with change date | |
| 2024-08-14 | CH01 | officers | Change person director company with change date | |
| 2024-08-14 | CH01 | officers | Change person director company with change date | |
| 2024-08-14 | CH01 | officers | Change person director company with change date | |
| 2024-08-14 | CH01 | officers | Change person director company with change date | |
| 2024-08-14 | CH01 | officers | Change person director company with change date | |
| 2024-05-01 | AA | accounts | Accounts with accounts type full | |
| 2024-04-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-03-14 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-01-03 | AP01 | officers | Appoint person director company with name date | |
| 2024-01-03 | AP01 | officers | Appoint person director company with name date | |
| 2023-09-26 | AA | accounts | Accounts with accounts type full | |
| 2023-04-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-02-06 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.