PXP SOLUTIONS LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-04-14 (in 11mo)
Last made up 2026-03-31
Watchouts
None on the register
Cash
£58K
-54.1% vs 2023
Net assets
-£2M
+0.6% vs 2023
Employees
30
+3.4% vs 2023
Profit before tax
£162K
+476.8% first positive since 2023
Name history
Renamed 1 time since incorporation
- PXP SOLUTIONS LIMITED 2014-02-14 → present
- SERVEBASE COMPUTERS LIMITED 1987-03-31 → 2014-02-14
Profit before tax
10-year trend · vs Technology median
Accounts
10-year trend · latest reflected 2024-12-31
| Metric | Trend | 2019-12-31 | 2020-01-01 | 2020-12-31 | 2021-01-01 | 2021-12-31 | 2022-01-01 | 2022-12-31 | 2023-01-01 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | £4,285,984 | — | £3,836,277 | — | £3,815,616 | — | £3,833,618 | — | £3,775,302 | £4,141,108 | |
| Operating profit | -£836,260 | — | -£420,045 | — | -£252,250 | — | £329,728 | — | £36,964 | £181,371 | |
| Profit before tax | -£864,166 | — | -£464,208 | — | -£286,909 | — | £300,009 | — | -£42,901 | £161,638 | |
| Net profit | -£864,166 | — | -£464,208 | — | -£286,909 | — | £300,009 | — | -£42,901 | £161,638 | |
| Cash | £103,602 | — | £1,738 | — | £18,727 | — | £35,957 | — | £126,680 | £58,182 | |
| Total assets less current liabilities | — | — | — | — | — | — | — | — | -£1,967,617 | -£1,955,405 | |
| Net assets | — | — | — | — | — | — | — | — | — | — | |
| Equity | -£2,214,482 | -£2,214,482 | -£2,678,690 | -£2,678,690 | -£2,965,599 | -£2,965,599 | -£2,665,590 | -£2,665,590 | -£2,708,491 | -£2,546,853 | |
| Average employees | 47 | — | 44 | — | 39 | — | 31 | — | 29 | 30 | |
| Wages | £2,500,304 | — | £2,198,140 | — | £1,899,113 | — | £1,663,949 | — | £1,891,318 | £2,398,742 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2019-12-31 | 2020-01-01 | 2020-12-31 | 2021-01-01 | 2021-12-31 | 2022-01-01 | 2022-12-31 | 2023-01-01 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating margin | -19.5% | — | -10.9% | — | -6.6% | — | 8.6% | — | 1.0% | 4.4% | |
| Net margin | -20.2% | — | -12.1% | — | -7.5% | — | 7.8% | — | -1.1% | 3.9% | |
| Return on capital employed | — | — | — | — | — | — | — | — | -1.9% | -9.3% | |
| Current ratio | — | — | — | — | — | — | — | — | 0.36x | 0.25x | |
| Interest cover | -29.97x | — | -9.51x | — | -7.28x | — | 11.09x | — | 0.46x | 9.19x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- IFRS
- Reporting scope
- Standalone (parent only)
- Abridged
- Yes — abridged accounts (limited disclosure)
- Auditor
- Price Bailey LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the Directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Significant events
- “A further risk and factor of uncertainty which emerged in early 2025, was the announcement by the Trump administration of extensive proposed tariffs on its global trading partners. This created a level of uncertainty which was reflected in financial markets due to it being unclear as to how these tariffs would be implemented and the ultimate impact on the US's individual trading partners and the broader global economy.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 16 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BELL, Jonathan Richard, Mr. | Director | 2019-03-13 | Sep 1972 | British |
| CICERO, Salvatore | Director | 2023-01-30 | Aug 1980 | British |
| HEDJRI, Kamran | Director | 2021-08-02 | Aug 1967 | Austrian |
| THOMAS, Dwaine | Director | 2023-01-30 | May 1987 | British |
Show 16 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| DEL BASSO, Franco | Secretary | 2000-12-05 | 2011-05-11 |
| DEL BASSO, Suzanne | Secretary | — | 2000-12-05 |
| HOSKIN, Robert Grant | Secretary | 2014-05-23 | 2017-05-31 |
| HACKWOOD SECRETARIES LIMITED | Corporate Secretary | 2017-05-31 | 2019-05-01 |
| BENNETT, Jonathan Mark | Director | 2014-05-23 | 2016-04-30 |
| CHANDLER, Edward William | Director | 2014-05-23 | 2015-07-03 |
| DAY, Michael John | Director | 2016-01-05 | 2019-03-29 |
| DEL BASSO, Franco | Director | 2016-01-05 | 2021-01-13 |
| DEL BASSO, Luigi | Director | — | 2011-05-11 |
| DEL BASSO, Suzanne | Director | — | 2000-12-05 |
| JOHNSON, Robert Montague | Director | 2011-05-11 | 2014-05-23 |
| LEIGH, Julian Grant Beresford | Director | 2014-05-23 | 2016-06-30 |
| STEYTLER, Ritzema Ryk | Director | 2011-05-11 | 2015-09-30 |
| VANPRAET, Koen Peter | Director | 2019-03-13 | 2021-06-30 |
| WEBSTER, Simon Philip | Director | 2011-05-11 | 2014-05-23 |
| WILLEY, Keith James | Director | 2011-05-11 | 2014-05-23 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Pxp Financial Group Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2017-03-31 | Active |
Filing timeline
Last 20 of 147 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-31 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-29 | AA | accounts | Accounts with accounts type full | |
| 2025-04-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-30 | AA | accounts | Accounts with accounts type full | |
| 2024-04-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-09-29 | AA | accounts | Accounts with accounts type full | |
| 2023-07-26 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2023-04-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-01-30 | AP01 | officers | Appoint person director company with name date | |
| 2023-01-30 | AP01 | officers | Appoint person director company with name date | |
| 2022-12-19 | AA | accounts | Accounts with accounts type full | |
| 2022-04-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-11-04 | AA | accounts | Accounts with accounts type full | |
| 2021-10-28 | CH01 | officers | Change person director company with change date | |
| 2021-08-04 | AP01 | officers | Appoint person director company with name date | |
| 2021-07-12 | TM01 | officers | Termination director company with name termination date | |
| 2021-04-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-02-02 | TM01 | officers | Termination director company with name termination date | |
| 2021-01-11 | AA | accounts | Accounts with accounts type small | |
| 2020-04-14 | CS01 | confirmation-statement | Confirmation statement with updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+9.7%
£3,775,302 £4,141,108
-
Cash
-54.1%
£126,680 £58,182
-
Net assets
—
Not reported
-
Employees
+3.4%
29 30
-
Operating profit
+390.7%
£36,964 £181,371
first positive since 2021
-
Profit before tax
+476.8%
-£42,901 £161,638
first positive since 2023
-
Wages
+26.8%
£1,891,318 £2,398,742
Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers