Pexip Limited

Pexip Limited, based in Reading, UK, is a large holding company with an active status, established eight years ago. Employing 101 people, the company holds assets worth £4,787,521 and generates yearly revenue of £12,989,236. It’s managed by two directors and has one owner, with a real address at Thames Valley Park. The company irregularly imports electrical machinery and equipment, with the last import operation occurring in November 2024.

Pexip Limited operates within the health technology sector, acting as an independent trade association for manufacturers, developers, and distributors of health technology products and solutions. Its website highlights a focus on national health tech innovation, providing services like membership, professional advice, symposiums, education, lobbying, and networking opportunities. It seems to be a membership-driven organization, facilitating collaboration and advocacy within the healthcare ecosystem, even signing a Memorandum of Understanding with the HSE in Ireland. The company’s website details a range of services, including professional advice, education, and lobbying, aimed at supporting innovation in health technology.

Financially, Pexip Limited presents a mixed picture. While turnover remained steady at £13 million, net assets increased significantly by 410% to £3.4 million. However, cash reserves declined by 30% to £530,000. Bank borrowings increased to £14,000, and staff costs decreased by 17%, reflecting a reduction in employee numbers. Creditors decreased by 34%, suggesting improved debt management. A significant drop in deferred tax liabilities, down 56%, could indicate changes in tax strategies. The company's large size (meeting two of three criteria for being a large company) suggests it’s a substantial player in its sector, though the decrease in cash reserves warrants further observation. The financial statements were audited by Bradshaw Johnson, providing a degree of assurance.

Overall, Pexip Limited seems to be navigating a dynamic market, demonstrating both growth and challenges. Its focus on health technology and collaborative partnerships positions it well for future opportunities, but careful management of its financial resources will be crucial.

Registered in England/Wales under the registration number 10227803, with a registered address at RG6 1RB, England, Reading, Berkshire, Now Building, Thames Valley Park Drive.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.