Baxel Limited
Registered name: BAXEL LIMITED
Baxel Limited made £2.3k revenue and a £29k loss in the year to 31 Dec 2025.
Baxel Limited’s revenue fell 43% to £2.3k in the year to 31 Dec 2025, with a loss of £29k and 0 employees. The company is classified under “other letting and operating of own or leased real estate” and is based in Aberdeen; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Aberdeen, Scotland
- Age
- 45 yrs · since 1981
- 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 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) | £45.1k | £4.2k | £4k | £2.3k |
| Cost of sales | £42.5k | £0 | — | — |
| Gross profit | £2.5k | £4.2k | — | — |
| Operating profit | −£172k | £25.3k | £38.6k | −£2.1k |
| Profit before tax | −£206k | −£2.2k | £9.2k | −£29k |
| Profit after tax | −£197k | −£2.2k | £9.2k | −£29k |
| Profit (best available) | −£197k | −£2.2k | £9.2k | −£29k |
| Employees (average) | 1 | 1 | 0 | 0 |
| Ratios | ||||
| Profit margin | −437.3% | −52.3% | 231.1% | −1261% |
| Gross margin | 5.6% | 100% | — | — |
| Revenue per employee | £45.1k | £4.2k | — | — |
| Profit per employee | −£197k | −£2.2k | — | — |
| Growth (year on year) | ||||
| Revenue growth | — | ▼90.7% | ▼4.8% | ▼42.5% |
| Profit growth | — | — | — | ▼413.7% |
| Headcount growth | — | 0% | ▼100% | — |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £8.6k | £4.5k | £3k | £374 |
| Net assets | −£298k | −£300k | −£291k | −£320k |
| Current assets | £28.6k | £24.5k | £23k | £20.4k |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2025 | FullAccounts · bulk data Sep 2026 |
How the business works
- Profit margin
- −1261%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- 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
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- 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 −£320k
- Cash at bank
- ▼87%
- Now £374
- Headcount
- —
- Now 0
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit −£29k), from the Companies House accounts bulk data published Sep 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.