Pax Technology Europe Limited
Registered name: PAX TECHNOLOGY EUROPE LIMITED
Part of CMS Distribution Limited groupPax Technology Europe Limited made £28.9m revenue and £6.6m profit in the year to 31 Dec 2025.
Pax Technology Europe Limited’s revenue was £28.9m in the year to 31 Dec 2025, with £6.6m profit and 13 employees. The company is classified under “wholesale of electronic and telecommunications equipment and parts” and is based in Woking; we hold 5 years of its filed accounts.
- Status
- Active
- Location
- Woking, South East
- Age
- 8 yrs · since 2018
- 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: “CMSUK”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2022 | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 | 31 Dec 2025 |
|---|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||||
| Revenue (turnover) | £31.5m | £46.2m | £54.5m | £46.7m | £28.9m |
| Cost of sales | £24.4m | £28.8m | £36.3m | £27.7m | £19.1m |
| Gross profit | £7m | £17.3m | £18.2m | £19m | £9.7m |
| Operating profit | £5.1m | £15.6m | £15.7m | £17.9m | £8.8m |
| Profit before tax | £5.1m | £15.6m | £16m | £17.7m | £8.9m |
| Profit after tax | £4.2m | £12.6m | £12.2m | £13.2m | £6.6m |
| Profit (best available) | £4.2m | £12.6m | £12.2m | £13.2m | £6.6m |
| Staff costs | £1.3m | £1.2m | £2m | £915k | £827k |
| Employees (average) | 11 | 12 | 10 | 12 | 13 |
| Ratios | |||||
| Profit margin | 13.2% | 27.4% | 22.4% | 28.2% | 22.9% |
| Gross margin | 22.4% | 37.6% | 33.4% | 40.6% | 33.7% |
| Revenue per employee | £2.9m | £3.8m | £5.5m | £3.9m | £2.2m |
| Profit per employee | £378k | £1.1m | £1.2m | £1.1m | £510k |
| Cash conversion | −75.7% | −118.3% | −158.4% | −7.5% | — |
| Growth (year on year) | |||||
| Revenue growth | — | ▲46.6% | ▲18.1% | ▼14.3% | — |
| Profit growth | — | ▲204.1% | ▼3.4% | ▲8.1% | — |
| Headcount growth | — | ▲9.1% | ▼16.7% | ▲20% | — |
| Balance sheet — indirect signals, not revenue | |||||
| Cash at bank | £3.3m | £12.7m | £21m | £7.5m | £3.2m |
| Net assets | £4.3m | £8.9m | £8.8m | £12m | £7.4m |
| Fixed assets | £7.6k | £10.6k | £23.3k | £20.1k | £10.9k |
| Current assets | £12.7m | £26.6m | £37.9m | £20.9m | £23.1m |
| Debtors | £6.9m | £11.4m | £13.3m | £10.6m | £18.1m |
| Deferred income | £3k | £3.2m | £6.6m | £2.8m | £1.9m |
| Cash from operations | −£3.9m | −£18.5m | −£24.9m | −£1.3m | — |
| Source | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Aug 2024 | FullAccounts · bulk data Dec 2025 | FullAccounts · bulk data Aug 2026 |
How the business works
- Profit margin
- 22.9%
- Profit ÷ revenue.
- Gross margin
- 33.7%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £2.2m
- Revenue ÷ average employees.
- Profit per employee
- £510k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 6.7%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 62.7%
- 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
- —
- Now £7.4m
- Cash at bank
- —
- Now £3.2m
- Headcount
- —
- Now 13
- Deferred income
- —
- Now £1.9m
- Fixed assets
- —
- Now £10.9k
Group structure
Ownership chain
- CMS Distribution Limitedultimate parent50–75%
- Pax Technology Europe Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (5)
- PDT LimitedRev. £15.8m · Profit £1.5m
- Cables Direct LimitedRev. £10.8m · Profit £944k
- Cci Distribution LimitedActive - Proposal to Strike offFigures not disclosed
- Interactive Ideas LimitedActive - Proposal to Strike offFigures not disclosed
- Widget Investments LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £6.6m), from the Companies House accounts bulk data published Aug 2026. Spotted an error? Request a correction.
Updated from Companies House on 14 Oct 2026
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.