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Company No. 10227803 · Incorporated 12 Jun 2016

Pexip Limited

Registered name: PEXIP LIMITED

Part of Pexip As group

Pexip 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.

Full P&L filedSection J · Information and communicationSIC 62090Other information technology service activities
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.

Latest accounts · year to 31 Dec 2025

Key figures

Capital-lightDoing more with lessCash flow filed
Revenue
£12.9m
Growth ▲7.9%
Profit
£833k
Growth ▼10.5%
Profit margin
6.5%
Gross 93.2%
Employees
67
Change ▼2.9%
Profit / employee
£12.4k
Revenue/employee £192k
Profitable streak
4yrs
Consecutive profitable years in our data

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

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Dec 202231 Dec 202331 Dec 202431 Dec 2025
DisclosureFull P&LFull P&LFull P&LFull 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)101746967
Ratios
Profit margin8.5%10.7%7.8%6.5%
Gross margin90.9%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 conversion43.2%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
SourceFullAccounts · bulk data Sep 2024FullAccounts · bulk data Sep 2024FullAccounts · bulk data Jun 2025FullAccounts · bulk data Jul 2026
Derived from the latest filing

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.
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
▲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.

Corporate ownership

Group structure

Ownership chain

  1. Pexip As (registered outside the UK register)ultimate parent75–100%
  2. 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).

Same industry, similar size

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Industry benchmarks →

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.