PX Manufacturing Ltd
Registered name: PX MANUFACTURING LTD
PX Manufacturing Ltd made £52m revenue and £343k profit in the year to 31 Dec 2025.
PX Manufacturing Ltd’s revenue grew 5% to £52m in the year to 31 Dec 2025, with £343k profit and 33 employees. The company is classified under “manufacture of electricity distribution and control apparatus” and is based in Cambridgeshire; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Cambridgeshire, East of England
- Age
- 31 yrs · since 1994
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £56.1m | £49.8m | £49.6m | £52m |
| Cost of sales | £49.9m | £46.5m | £45.2m | £47.1m |
| Gross profit | £6.3m | £3.4m | £4.4m | £4.8m |
| Operating profit | £2.5m | −£44.1k | £781k | £1.2m |
| Profit before tax | £2.1m | −£677k | £339k | £464k |
| Profit after tax | £1.8m | −£797k | £240k | £343k |
| Profit (best available) | £1.8m | −£797k | £240k | £343k |
| Staff costs | £1.6m | £1.7m | £1.7m | £1.5m |
| Employees (average) | 41 | 42 | 35 | 33 |
| Ratios | ||||
| Profit margin | 3.2% | −1.6% | 0.5% | 0.7% |
| Gross margin | 11.2% | 6.8% | 8.9% | 9.3% |
| Revenue per employee | £1.4m | £1.2m | £1.4m | £1.6m |
| Profit per employee | £44k | −£19k | £6.9k | £10.4k |
| Cash conversion | 22.9% | — | 120.4% | −187.6% |
| Growth (year on year) | ||||
| Revenue growth | — | ▼11.2% | ▼0.4% | ▲4.7% |
| Profit growth | — | ▼144.2% | — | ▲42.7% |
| Headcount growth | — | ▲2.4% | ▼16.7% | ▼5.7% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £1.2m | £1.4m | £1.3m | £1.3m |
| Net assets | £16.2m | £15.4m | £15.7m | £16m |
| Fixed assets | £9.1m | £8.5m | £8.4m | £8.3m |
| Current assets | £26.6m | £18.7m | £24.2m | £29.7m |
| Debtors | £7.2m | £4.5m | £6.8m | £11.2m |
| Deferred income | £387k | £277k | £368k | £307k |
| Cash from operations | £578k | £3.2m | £940k | −£2.2m |
| Source | FullAccounts · bulk data Aug 2024 | FullAccounts · bulk data Aug 2024 | FullAccounts · bulk data Jul 2025 | FullAccounts · bulk data Sep 2026 |
How the business works
- Profit margin
- 0.7%
- Profit ÷ revenue.
- Gross margin
- 9.3%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £1.6m
- Revenue ÷ average employees.
- Profit per employee
- £10.4k
- Profit ÷ average employees.
- Cash conversion
- −187.6%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 16.1%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0.6%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 21.6%
- 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
- ▲2%
- Now £16m
- Cash at bank
- ▲0%
- Now £1.3m
- Headcount
- ▼6%
- Now 33
- Deferred income
- ▼17%
- Now £307k
- Fixed assets
- ▼1%
- Now £8.3m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Similar profitable businesses
- Bridges (Electrical Engineers) LimitedMidsomer Norton · Manufacture of electricity distribution and control apparatus
- Revenue
- £50m
- Profit
- £2.9m
- Staff
- 284
- Carling Technologies LimitedClyst Honiton · Manufacture of electricity distribution and control apparatus
- Revenue
- £24.3m
- Profit
- £4.7m
- Staff
- 27
- Blakley Electrics LimitedOxford · Manufacture of electricity distribution and control apparatus
- Revenue
- £23.5m
- Profit
- £2m
- Staff
- 98
- United Infrastructure Systems LimitedWarrington · Manufacture of electricity distribution and control apparatus
- Revenue
- £17.4m
- Profit
- £2.1m
- Staff
- 111
Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £343k), from the Companies House accounts bulk data published Sep 2026. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.