How much does PXG UK Limited make?

PXG UK Limited reported revenue of £9.7m and a loss of £896k in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does PXG UK Limited have?

PXG UK Limited reported an average of 46 employees in the year to 31 Dec 2024.

Is PXG UK Limited profitable?

No — PXG UK Limited reported a loss of £896k in the year to 31 Dec 2024.

Company No. 10411413 · Incorporated 5 Oct 2016

PXG UK Limited

Registered name: PXG UK LIMITED

PXG UK Limited made £9.7m revenue and a £896k loss in the year to 31 Dec 2024. read from filing text

PXG UK Limited’s revenue grew 13% to £9.7m in the year to 31 Dec 2024, with a loss of £896k and 46 employees. The company is classified under “retail sale of sports goods, fishing gear, camping goods, boats and bicycles” and is based in London; we hold 3 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 47640Retail sale of sports goods, fishing gear, camping goods, boats and bicycles

Status: Active
Location: London, London
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. From the filing: “The parent company of PXG UK Limited is Parsons Xtreme Golf LLC, and its registered office is 15475 N 84th Street, Scottsdale, USA, AZ 85260”

Latest accounts · year to 31 Dec 2024

Key figures

Doing more with less

Revenue

£9.7m

Growth ▲13.3%

Profit

−£896k

Growth —

Profit margin

−9.2%

Gross 36.1%

Employees

Change ▼11.5%

Profit / employee

−£19.5k

Revenue/employee £211k

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)	£10.7m	£8.6m	£9.7m
Cost of sales	£7.9m	£6.2m	£6.2m
Gross profit	£2.8m	£2.4m	£3.5m
Profit before tax	−£3.5m	−£2.5m	−£896k
Profit after tax	−£3.5m	−£2.5m	−£896k
Profit (best available)	−£3.5m	−£2.5m	−£896k
Staff costs	£2.5m	£2.6m	£2.3m
Employees (average)	48	52	46
Ratios
Profit margin	−32.9%	−29.6%	−9.2%
Gross margin	26.5%	28.3%	36.1%
Revenue per employee	£223k	£165k	£211k
Profit per employee	−£73.5k	−£48.8k	−£19.5k
Growth (year on year)
Revenue growth	—	▼20%	▲13.3%
Headcount growth	—	▲8.3%	▼11.5%
Balance sheet — indirect signals, not revenue
Cash at bank	£391k	£512k	£80.3k
Net assets	−£8.5m	−£11m	−£11.9m
Fixed assets	£961k	£1.7m	£1.4m
Current assets	£7.4m	£6.5m	£6.2m
Debtors	£487k	£394k	£944k
Deferred income	£341k	£802k	£446k
Source	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Aug 2025

Derived from the latest filing

How the business works

Profit margin: −9.2%; Profit ÷ revenue.
Gross margin: 36.1%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £211k; Revenue ÷ average employees.
Profit per employee: −£19.5k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 14.2%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 4.6%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 9.7%; 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 −£11.9m
Cash at bank: ▼84%; Now £80.3k
Headcount: ▼12%; Now 46
Deferred income: ▼44%; Now £446k
Fixed assets: ▼18%; Now £1.4m

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

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit −£896k), from the Companies House accounts bulk data published Aug 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.