Paxton Access Limited in East Sussex, BN1 9HU

Description

Data updated on: 01-11-2023

01879474 is the reg. no. for Paxton Access Limited. The firm was registered as a Private Limited Company on 1985-01-22. The firm has been on the British market for 39 years. The firm can be contacted at Paxton House, Home Farm Road Brighton in East Sussex. The head office's area code assigned is BN1 9HU. The listed name transformation from Paxton Automation to Paxton Access Limited took place on 1997-01-02. This company's SIC code is 27900 which means Manufacture of other electrical equipment. Paxton Access Ltd reported its latest accounts for the period that ended on 2022-12-31. The latest annual confirmation statement was filed on 2023-03-26.

The corporation's trademark is "Paxton10". They submitted a trademark application on 2016-03-03 and it was licensed three months later. The trademark's registration expires on 2026-03-03.

Taking into consideration the following enterprise's constant growth, it became imperative to acquire other company leaders, among others: Alex C., Blair B., Steven T. who have been working as a team since January 2024 to promote the success of the limited company. In order to support the directors in their duties, this specific limited company has been utilizing the expertise of Alex C. as a secretary since 2023.

Previous company's names
Paxton Access Limited 1997-01-02
Paxton Automation Limited 1985-01-22

Trade marks

Trademark UK00003152982

Trademark UK00003152982

Trademark image:	-
Trademark name:	Paxton10
Status:	Registered
Filing date:	2016-03-03
Date of entry in register:	2016-06-17
Renewal date:	2026-03-03
Owner name:	Paxton Access Limited
Owner address:	Paxton House, Home Farm Road, Brighton, East Sussex, United Kingdom, BN1 9HU

Financial data based on annual reports

Profit & Loss
Date of Accounts	2013-12-31	2014-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31
Currency
Net Worth	7 830 903	8 787 099

Balance Sheet
Cash Bank On Hand			3 640 935	4 314 830	2 232 607	1 824 337	6 764 820	4 621 232	401 722
Current Assets	13 261 361	15 207 673	14 211 321	16 846 769	19 999 416	21 645 782	26 362 258	33 886 209	38 868 670
Debtors	7 278 586	7 647 673	6 107 415	7 667 351	10 115 930	13 039 204	12 831 230	20 107 367	24 694 080
Net Assets Liabilities			10 032 655	11 971 566	13 657 519	15 162 995	18 502 480	23 586 251	24 621 392
Other Debtors	4 881	4 617	14 389	16 448	10 741	8 276	1 103 350	5 147	12 538
Property Plant Equipment			2 527 274	2 597 765	3 525 390	3 156 244	2 260 801	1 799 619	1 967 170
Total Inventories			3 427 971	3 521 588	5 747 879	4 459 241	4 424 208	7 250 610	10 990 868
Cash Bank In Hand	3 229 780	3 484 035
Stocks Inventory	2 752 995	3 587 965
Tangible Fixed Assets	1 089 616	2 154 872
Trade Debtors	3 753 028	4 614 083

Capital & Reserves
Called Up Share Capital	200 001	200 001
Profit Loss Account Reserve	7 630 902	8 587 098
Shareholder Funds	7 830 903	8 787 099

Other Financial Data
Audit Fees Expenses			20 500	21 500	22 500	25 000	26 000	28 350	30 500
Other Non-audit Services Fees					3 500	3 500	4 000	4 700	3 000
Taxation Compliance Services Fees					1 500	1 500	2 000	2 350	2 500
Accrued Liabilities Deferred Income			366 113	809 140	1 193 612	1 552 698	648 620	1 090 572	1 064 107
Accumulated Amortisation Impairment Intangible Assets			129 461	215 722	324 667	450 897	485 504	496 779	614 483
Accumulated Depreciation Impairment Property Plant Equipment			1 714 505	2 492 178	3 592 775	4 357 134	4 938 071	5 207 435	5 794 760
Additions Other Than Through Business Combinations Intangible Assets				46 978	253 800	89 046	105 824	55 173	109 791
Additions Other Than Through Business Combinations Property Plant Equipment				1 118 402	2 028 222	795 214	177 598	326 190	758 965
Administrative Expenses	12 136 079		20 386 539	23 013 265	25 650 216	28 870 920	24 079 557	26 645 259	32 830 690
Amortisation Expense Intangible Assets			85 195	86 262	108 945	126 230	117 148	116 146	117 704
Amortisation Impairment Expense Intangible Assets					108 945	126 230	117 148	116 146	117 704
Amounts Owed By Group Undertakings			234 578	1 587 937	1 976 744	2 601 156	3 025 846	5 616 181	8 051 905
Amounts Owed To Group Undertakings			694 084	552 082	614 079	492 355	800 138	90 401	457 775
Average Number Employees During Period			244	262	265	292	288	276	331
Bank Borrowings				277 907
Bank Borrowings Overdrafts	1 700 000			284 879					2 669 547
Banking Arrangements Classified As Cash Cash Equivalents									-2 669 547
Bank Overdrafts				6 972					2 669 547
Carrying Amount Under Cost Model Revalued Assets Property Plant Equipment				18 489	937 384	721 783	577 426	461 941	369 553
Cash Cash Equivalents Cash Flow Value				4 307 858	2 232 607	1 824 337	6 764 820	4 621 232	-2 267 825
Comprehensive Income Expense			1 170 112	1 938 911	1 685 953	1 505 476	3 339 485
Cost Sales	9 654 277		15 003 310	16 722 990	18 916 937	22 274 115	19 736 768	25 169 790	30 235 306
Creditors			6 699 623	7 427 367	886 054	668 479	514 101	232 648	16 183 433
Deferred Tax Asset Debtors			1 035 000	1 343 000	1 903 000	2 323 000	2 342 000	1 907 000	2 782 000
Deferred Tax Expense Credit Relating To Changes In Tax Rates Or Laws			57 510	79 000
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences			-396 510	-387 000	-560 000	-420 000	-19 000	435 000	-875 000
Depreciation Expense Property Plant Equipment			880 806	963 309	887 629	1 032 451	854 897	689 941	590 056
Depreciation Impairment Expense Property Plant Equipment					1 100 596	1 032 451	854 897	689 941	590 056
Dividends Paid			1 500 000
Dividends Paid Classified As Financing Activities			-1 500 000
Finance Lease Liabilities Present Value Total				16 044	886 054	668 479	514 101	232 648	232 649
Finance Lease Payments Owing Minimum Gross				16 044	1 099 695	886 054	785 976	514 102	232 649
Finished Goods Goods For Resale	2 600 503	3 273 562	3 301 794	3 421 958	5 556 423	4 332 252	4 295 147	7 092 154	10 849 153
Fixed Assets	1 110 507	2 154 872	2 763 957	2 795 164	3 867 645	3 461 315	2 542 868	2 011 517	2 171 155
Further Item Cash Flow From Used In Financing Activities Component Net Cash Flows From Used In Financing Activities				-277 907	277 907
Further Item Tax Increase Decrease Component Adjusting Items			5 872	7 814	14 452
Future Minimum Lease Payments Under Non-cancellable Operating Leases					3 029 603	2 518 777	1 933 250	410 884	800 833
Gain Loss Due To Foreign Exchange Differences Recognised In Profit Or Loss			73 235	-24 603	2 215	-101 761	-37 103	-27 821	148 579
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables					-1 740 403	51 798	-558 622	-2 188 703	-1 718 864
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables					2 448 579	2 923 274	-207 974	7 276 137	4 586 713
Gain Loss In Cash Flows From Change In Inventories					2 226 291	-1 288 636	-35 033	2 826 402	3 740 258
Gain Loss On Disposals Intangible Assets							-11 680	-9 196
Gain Loss On Disposals Property Plant Equipment			-189 960	-82 291		-131 910	-218 144	-97 431	-158
Government Grant Income							1 503 409	64 912
Gross Profit Loss	13 590 859		20 997 769	24 148 745	26 301 829	29 186 575	25 359 592	30 582 964	31 167 075
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation					2 075 251	408 270		2 143 588	6 907 830
Increase Decrease In Cash Cash Equivalents From Foreign Exchange Differences									18 773
Increase From Amortisation Charge For Year Intangible Assets				86 262	108 945	126 230	117 148	116 146	117 704
Increase From Depreciation Charge For Year Property Plant Equipment				965 620	1 100 597	1 032 451	854 897	689 941	590 056
Intangible Assets			236 683	197 399	342 255	305 071	282 067	211 898	203 985
Intangible Assets Gross Cost			366 144	413 122	666 922	755 968	767 571	708 677	818 468
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts							32 327	22 748	13 170
Interest Paid Classified As Operating Activities								-25 033	-39 481
Interest Payable Similar Charges Finance Costs			9 386	7 215	38 888	50 567	36 278	25 033	39 481
Net Cash Flows From Used In Financing Activities					-805 744	213 641
Net Cash Flows From Used In Investing Activities					2 282 022	884 260
Net Cash Flows From Used In Operating Activities					598 973	-689 631	-5 323 983	1 490 351
Net Cash Generated From Operations				-1 545 567	560 085	-740 198	-5 360 261	1 465 318	5 719 340
Net Current Assets Liabilities	8 560 396	6 875 227	7 511 698	9 419 402	10 918 928	12 613 159	16 716 713	22 042 382	22 685 237
Net Interest Paid Received Classified As Operating Activities			-9 386	-7 215	-38 888	-50 567	-36 278	-25 033
Number Shares Issued Fully Paid				200 001
Operating Profit Loss	1 488 475		840 498	1 638 126	1 164 841	1 136 043	3 356 763	5 543 804	199 622
Other Disposals Decrease In Amortisation Impairment Intangible Assets							82 541	104 871
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment				187 947		268 092	273 960	420 577	2 731
Other Disposals Intangible Assets							94 221	114 067
Other Disposals Property Plant Equipment				270 238		400 001	492 104	518 008	4 089
Other Interest Expense					38 888	50 567	3 951	2 285	26 311
Other Operating Income Format1			229 268	502 646	513 228	820 388	2 076 728	1 606 099	1 863 237
Other Provisions Balance Sheet Subtotal				243 000	243 000	243 000	243 000	235 000	235 000
Other Taxation Social Security Payable			797 403	787 914	671 826	1 315 979	1 262 945	852 121	892 768
Par Value Share		1		1
Payments Finance Lease Liabilities Classified As Financing Activities				16 044	1 083 651	-213 641	-100 078	-271 874	-281 453
Pension Other Post-employment Benefit Costs Other Pension Costs			400 356	655 987	1 037 669	1 184 622	1 131 495	1 304 755	1 218 382
Prepayments Accrued Income			304 687	562 052	384 588	403 771	509 571	828 498	3 280 356
Proceeds From Sales Property Plant Equipment									-1 200
Profit Loss			1 170 112	1 938 911	1 685 953	1 505 476	3 339 485	5 083 771	1 035 141
Profit Loss On Ordinary Activities Before Tax	1 444 160		831 112	1 630 911	1 125 953	1 085 476	3 320 485	5 518 771	160 141
Property Plant Equipment Gross Cost			4 241 779	5 089 943	7 118 165	7 513 378	7 198 872	7 007 054	7 761 930
Provisions For Liabilities Balance Sheet Subtotal			243 000	243 000	243 000	243 000
Purchase Intangible Assets				-46 978	-253 800	-89 046	-105 824	-55 173	-109 791
Purchase Property Plant Equipment			-1 074 918	-1 118 402	-2 028 222	-795 214	-177 598	-326 190	-758 965
Raw Materials Consumables			126 177	99 630	191 456	126 989	129 061	158 456	141 715
Research Development Expense Recognised In Profit Or Loss			295 022	868 550	811 302	1 341 925	587 081	505 010	819 924
Social Security Costs	710 705		1 038 081	1 116 394	1 351 574	1 525 849	1 343 505	1 292 575	1 651 003
Staff Costs Employee Benefits Expense			10 901 631	11 939 094	13 479 041	14 553 910	13 926 370	14 558 799	17 490 076
Tax Expense Credit Applicable Tax Rate					213 931	206 240	630 892	1 048 566	30 427
Tax Increase Decrease Arising From Group Relief Tax Reconciliation			19 795		3 613
Tax Increase Decrease From Effect Adjustment In Research Development Tax Credit			-614 808	-761 681	-870 214	-762 938	-399 173	-411 676	-493 382
Tax Increase Decrease From Effect Capital Allowances Depreciation									-33 678
Tax Increase Decrease From Effect Different Tax Rates On Some Earnings					63 435	49 411	-273 294	-207 018	-386 677
Tax Increase Decrease From Effect Different U K Tax Rates On Some Earnings			69 554	105 696	63 435
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss			14 365	26 221	14 783	87 287	22 575	5 128	8 310
Tax Tax Credit On Profit Or Loss On Ordinary Activities			-339 000	-308 000	-560 000	-420 000	-19 000	435 000	-875 000
Total Assets Less Current Liabilities	9 670 903	9 030 099	10 275 655	12 214 566	14 786 573	16 074 474	19 259 581	24 053 899	24 856 392
Total Borrowings				284 879					2 669 547
Total Deferred Tax Expense Credit			-339 000	-308 000	-560 000
Total Increase Decrease In Provisions								8 000
Total Operating Lease Payments			807 111	883 900	1 054 409	1 393 992	1 132 601	1 950 705	2 142 525
Trade Creditors Trade Payables			4 842 023	4 977 308	6 387 330	5 454 016	6 661 967	9 529 279	10 866 587
Trade Debtors Trade Receivables			5 553 761	5 500 914	7 743 857	10 026 001	8 192 463	13 657 541	13 349 281
Turnover Revenue			36 001 079	40 871 735	45 218 766	51 460 690	45 096 360	55 752 754	61 402 381
Wages Salaries	6 146 409		9 463 194	10 166 713	11 089 798	11 843 439	11 451 370	11 961 469	14 620 691
Company Contributions To Defined Benefit Plans Directors			63 561	84 963	150 983	202 073	129 066	139 460	145 901
Director Remuneration							1 821 744	2 407 129	2 443 358
Director Remuneration Benefits Including Payments To Third Parties	446 429	405 382			2 870 212	2 936 586	1 950 810	2 546 589	2 589 259
Total Fees To Auditors	10 000
Company Contributions To Money Purchase Schemes Directors	12 000	25 955
Accruals Deferred Income Within One Year	483 968	329 938
Adjustment In Research Development Tax Credit Leading To An Increase Decrease In Tax Charge	87 778
Amounts Owed By Group Undertakings Other Participating Interests	3 122 383	2 698 804
Amounts Owed By Subsidiaries	21 999
Amounts Owed To Parent Undertaking Within One Year		457 661
Cash Flow Outflow Before Management Liquid Resources Financing	2 771 509
Commitments Under Non-cancellable Operating Leases Other Items	-261 146	-248 607
Creditors Due After One Year	1 700 000
Creditors Due Within One Year	4 700 965	8 332 446
Deferred Tax Current Asset		488 000
Depreciation Tangible Fixed Assets Expense	434 312	589 383
Difference Between Accumulated Depreciation Amortisation Capital Allowances		64 000
Expenses Not Deductible For Tax Purposes	9 022
Foreign Currency Translation Gain Loss Recognised In Profit Loss	-69 736
Gain Loss From Disposal Tangible Fixed Assets	181
Increase Decrease In Net Cash For Period	993 581
Interest Payable Similar Charges	44 315
Investments Fixed Assets	20 891
Loans From Directors	683 544	1 781 184
Net Assets Liability Excluding Pension Asset Liability	7 830 903	8 787 099
Net Debt Funds	1 372 315	2 692 612
Number Shares Allotted		200 001
Other Creditors Due Within One Year	158 368	791 423
Other Differences Leading To An Increase Decrease In Tax Charge	1 103
Other Operating Income	33 695
Other Operating Leases Expiring Between Two Five Years	-176 586	-189 528
Other Operating Leases Expiring Within One Year	-84 560	-59 079
Other Taxation Social Security Within One Year	598 511	702 856
Pension Costs	206 395
Pensions Costs Defined Contribution Schemes	206 395
Prepayments Accrued Income Current Asset	376 295	330 169
Profit Loss For Period	1 444 160
Provisions Charged Credited To Profit Loss Account During Period		-488 000
Provisions For Liabilities Charges	140 000	243 000
Research Development Costs	302 029
Share Capital Allotted Called Up Paid	200 001	200 001
Short-term Borrowing Charges Including Bank Interest	33 188
Staff Costs	7 063 509
Stocks Raw Materials Consumables	152 492	314 403
Tangible Fixed Assets Additions		720 159
Tangible Fixed Assets Cost Or Valuation	3 021 286	3 968 518
Tangible Fixed Assets Depreciation	1 931 671	1 813 646
Tangible Fixed Assets Depreciation Charged In Period	-15 692	241 341
Tangible Fixed Assets Depreciation Decrease Increase On Disposals		416 488
Tangible Fixed Assets Disposals		416 488
Tax On Group Profit On Ordinary Activities Standard U K Tax Rate	-335 767
Trade Creditors Within One Year	2 776 574	4 269 384
Turnover Gross Operating Revenue	23 245 136
Utilisation Tax Losses	-246 878