Pexip Limited
Registered name: PEXIP LIMITED
Part of Pexip As groupPexip Limited made £12.9m revenue and £833k profit in the year to 31 Dec 2025.
Pexip Limited’s revenue grew 8% to £12.9m in the year to 31 Dec 2025, with £833k profit and 67 employees. The company is classified under “other information technology service activities” and is based in Reading; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Reading, South East
- Age
- 10 yrs · since 2016
- 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.
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) | £15.6m | £13m | £11.9m | £12.9m |
| Cost of sales | £1.4m | £1.1m | £1.1m | £879k |
| Gross profit | £14.2m | £11.9m | £10.9m | £12m |
| Operating profit | £1.5m | £1.4m | £1.2m | £1.1m |
| Profit before tax | £1.5m | £1.5m | £1.2m | £1.1m |
| Profit after tax | £1.3m | £1.4m | £931k | £833k |
| Profit (best available) | £1.3m | £1.4m | £931k | £833k |
| Staff costs | £9.3m | £7.7m | £8m | £8.3m |
| Employees (average) | 101 | 74 | 69 | 67 |
| Ratios | ||||
| Profit margin | 8.5% | 10.7% | 7.8% | 6.5% |
| Gross margin | 90.9% | 91.8% | 91.1% | 93.2% |
| Revenue per employee | £155k | £176k | £173k | £192k |
| Profit per employee | £13.2k | £18.8k | £13.5k | £12.4k |
| Cash conversion | 43.2% | 50.5% | −35.7% | 17.5% |
| Growth (year on year) | ||||
| Revenue growth | — | ▼16.9% | ▼8.1% | ▲7.9% |
| Profit growth | — | ▲4.4% | ▼33.3% | ▼10.5% |
| Headcount growth | — | ▼26.7% | ▼6.8% | ▼2.9% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £745k | £528k | £446k | £382k |
| Net assets | £2m | £3.4m | £4.3m | £5.2m |
| Fixed assets | £953k | £58.5k | £896k | £769k |
| Current assets | £3.6m | £4.8m | £4.7m | £5.5m |
| Debtors | £9.4k | £9.4k | £37.6k | £0 |
| Deferred income | £1.6m | £1.1m | £801k | £786k |
| Cash from operations | £641k | £726k | −£413k | £185k |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Jun 2025 | FullAccounts · bulk data Jul 2026 |
How the business works
- Profit margin
- 6.5%
- Profit ÷ revenue.
- Gross margin
- 93.2%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £192k
- Revenue ÷ average employees.
- Profit per employee
- £12.4k
- Profit ÷ average employees.
- Cash conversion
- 17.5%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 6%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 6.1%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0%
- 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
- ▲19%
- Now £5.2m
- Cash at bank
- ▼14%
- Now £382k
- Headcount
- ▼3%
- Now 67
- Deferred income
- ▼2%
- Now £786k
- Fixed assets
- ▼14%
- Now £769k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Pexip As (registered outside the UK register)ultimate parent75–100%
- Pexip 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).
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £833k), from the Companies House accounts bulk data published Jul 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.