How much does Pex Software Limited make?

Pex Software Limited reported revenue of £1.6m and a loss of £1.6m in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does Pex Software Limited have?

Pex Software Limited reported an average of 20 employees in the year to 31 Dec 2024.

Is Pex Software Limited profitable?

No — Pex Software Limited reported a loss of £1.6m in the year to 31 Dec 2024.

Company No. 03585492 · Incorporated 22 Jun 1998

Pex Software Limited

Registered name: PEX SOFTWARE LIMITED

Part of Realpage UK Holdings Ltd group

Pex Software Limited made £1.6m revenue and a £1.6m loss in the year to 31 Dec 2024. read from filing text

Pex Software Limited’s revenue grew 19% to £1.6m in the year to 31 Dec 2024, with a loss of £1.6m and 20 employees. The company is classified under “other service activities” and is based in London; we hold 3 years of its filed accounts.

Full P&L filedSection S · Other service activitiesSIC 96090Other service activities n.e.c.

Status: Active
Location: London, London
Age: 28 yrs · since 1998
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: “T”

Latest accounts · year to 31 Dec 2024

Key figures

Capital-lightDoing more with less

Revenue

£1.6m

Growth ▲18.7%

Profit

−£1.6m

Growth —

Profit margin

−99.3%

Gross 66.7%

Employees

Change ▼16.7%

Profit / employee

−£81.4k

Revenue/employee £82k

Profitable streak

0yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023	31 Dec 2024
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£1.3m	£1.4m	£1.6m
Cost of sales	£542k	£566k	£547k
Gross profit	£735k	£814k	£1.1m
Operating profit	−£3.1m	−£1.3m	—
Profit before tax	−£3.2m	−£1.3m	−£1.6m
Profit after tax	−£3.2m	−£1.3m	−£1.6m
Profit (best available)	−£3.2m	−£1.3m	−£1.6m
Staff costs	£2.6m	£2.5m	£2.1m
Employees (average)	26	24	20
Ratios
Profit margin	−250%	−92.7%	−99.3%
Gross margin	57.5%	59%	66.7%
Revenue per employee	£49.1k	£57.5k	£82k
Profit per employee	−£123k	−£53.3k	−£81.4k
Growth (year on year)
Revenue growth	—	▲8.2%	▲18.7%
Headcount growth	—	▼7.7%	▼16.7%
Balance sheet — indirect signals, not revenue
Cash at bank	£173k	£306k	£292k
Net assets	−£9.9m	−£11.1m	−£12.7m
Fixed assets	£596	£286	£72
Current assets	£513k	£628k	£618k
Debtors	£105k	£259k	£293k
Deferred income	£332k	£396k	£195k
Source	FullAccounts · bulk data Oct 2024	FullAccounts · bulk data Oct 2024	FullAccounts · bulk data Oct 2025

Derived from the latest filing

How the business works

Profit margin: −99.3%; Profit ÷ revenue.
Gross margin: 66.7%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £82k; Revenue ÷ average employees.
Profit per employee: −£81.4k; 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: 11.9%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 17.8%; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

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 −£12.7m
Cash at bank: ▼5%; Now £292k
Headcount: ▼17%; Now 20
Deferred income: ▼51%; Now £195k
Fixed assets: ▼75%; Now £72

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

Realpage UK Holdings Ltdultimate parent75–100%
Pex Software Limitedthis company

Bands show the share of ownership each company holds in the one below it.

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

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Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit −£1.6m), from the Companies House accounts bulk data published Oct 2025. 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.