Pixxles Ltd
Registered name: PIXXLES LTD
Pixxles Ltd made £12.4k revenue and a £1.2m loss in the year to 31 Oct 2022.
Pixxles Ltd’s revenue was £12.4k in the year to 31 Oct 2022, with a loss of £1.2m and 3 employees. The company is classified under “other business support service activities” and is based in London; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 8 yrs · since 2018
- 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 Oct 2021 | 31 Oct 2022 |
|---|---|---|
| Disclosure | Profit only | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | — | £12.4k |
| Cost of sales | — | £84.2k |
| Gross profit | — | −£71.8k |
| Operating profit | −£954k | −£1.2m |
| Profit before tax | −£954k | −£1.2m |
| Profit after tax | −£954k | −£1.2m |
| Profit (best available) | −£954k | −£1.2m |
| Staff costs | £445k | £273k |
| Employees (average) | 5 | 3 |
| Ratios | ||
| Profit margin | — | −9328% |
| Gross margin | — | −579.5% |
| Revenue per employee | — | £4.1k |
| Profit per employee | −£191k | −£386k |
| Growth (year on year) | ||
| Headcount growth | — | ▼40% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £411k | £404k |
| Net assets | −£159k | £458k |
| Current assets | £464k | £645k |
| Debtors | £53.8k | £241k |
| Deferred income | £19.6k | £23.5k |
| Cash from operations | −£432k | −£1.8m |
| Source | Accounts · bulk data Oct 2023 | Accounts · bulk data Oct 2023 |
How the business works
- Profit margin
- −9328%
- Profit ÷ revenue.
- Gross margin
- −579.5%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £4.1k
- Revenue ÷ average employees.
- Profit per employee
- −£386k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 189.4%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 1941%
- 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
- —
- Now £458k
- Cash at bank
- ▼2%
- Now £404k
- Headcount
- ▼40%
- Now 3
- Deferred income
- ▲20%
- Now £23.5k
- Fixed assets
- —
- Now —
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Sources
Latest figures from accounts for the year to 31 Oct 2022 (profit −£1.2m), from the Companies House accounts bulk data published Oct 2023. 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.