C.E.X. LIMITED
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Cash
£10m
-8.7% lowest in 3 filed years
Net assets
£18m
-2.4% vs 2024
Employees
1,815
-3.5% lowest in 3 filed years
Profit before tax
£2.9m
-41.1% lowest in 3 filed years
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
3-year trend · vs Technology median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £178,699,484 | £180,856,937 | £189,003,912 | +4.5% | |
| Operating profit | £5,415,277 | £4,881,184 | £2,868,940 | -41.2% | |
| Profit before tax | £5,428,463 | £4,844,776 | £2,854,169 | -41.1% | |
| Net profit | £4,147,277 | £3,549,985 | £1,893,285 | -46.7% | |
| Cash | £11,105,015 | £10,966,587 | £10,014,829 | -8.7% | |
| Total assets less current liabilities | £24,651,097 | £28,445,140 | £29,205,574 | +2.7% | |
| Net assets | £15,226,778 | £18,776,763 | £18,320,053 | -2.4% | |
| Equity | £15,226,778 | £18,776,763 | £18,320,053 | -2.4% | |
| Average employees | 2,633 | 1,881 | 1,815 | -3.5% | |
| Wages | £34,314,068 | £36,427,786 | £39,400,830 | +8.2% | |
| Directors' remuneration | £1,117,617 | £1,256,792 | £1,431,701 | +13.9% | |
| Highest paid director | £217,194 | £219,916 | £263,004 | +19.6% |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | 3.0% | 2.7% | 1.5% | |
| Net margin | 2.3% | 2.0% | 1.0% | |
| Return on capital employed | 22.0% | 17.2% | 9.8% | |
| Gearing (liabilities / total assets) | 66.9% | 62.8% | 67.7% | |
| Current ratio | 2.09x | 2.21x | 1.98x | |
| Interest cover | — | 56.50x | 71.38x |
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.
Name history
Renamed 1 time since incorporation
- C.E.X. LIMITED 1996-08-15 → present
- CALIBRE ANALYSIS LIMITED 1996-05-03 → 1996-08-15
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- Christiansons Ltd
- 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”
Group structure
- C.E.X. LIMITED · parent
- CEX Italia S.R.L 100%
- CEX Complete Entertainment Exchange Spain 25%
Significant events
- “On 31st October 2025 Webuy Holdings Ltd acquired the entire share capital of CEX Limited for a share for share swap.”
- “After the year end the holding company acquired the balance of 75% share capital of Complete Entertainment Ex change S.L. Spain on 1st April 2026 for a consideration of £460,526”
- “On 1st of January 2026 the holding company acquired a 100% share in CEX Complete Entertainment Exchange Unipessoal LDA from Complete entertainment Exchange, S.L,”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
10 active · 15 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BIJLANI, Nitin, Mr. | Director | 2019-09-30 | Jul 1979 | Indian |
| BIJLANI, Tarun, Mr. | Director | 2019-09-30 | Feb 1977 | Indian |
| BUTLER, David Godwin Rhu | Director | 2025-12-11 | Mar 1975 | British |
| DERWENT, James Meredith | Director | 2011-10-12 | Dec 1975 | British |
| DUDANI, Mohini | Director | 2017-05-19 | Sep 1940 | British |
| EYGELAAR, Johannes Petrus | Director | 2025-12-11 | Nov 1974 | British |
| MAN, Hoo-Yun | Director | 2007-06-06 | Jun 1960 | British |
| MAYHEW, Steven John | Director | 2016-06-01 | Feb 1957 | British |
| MULLINS, David John | Director | 2007-02-07 | Feb 1970 | British |
| ORCHARD, Frank Eric | Director | 2015-02-06 | Mar 1973 | British |
Show 15 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BOULT, Julie Bridget | Secretary | 2006-03-02 | 2009-07-02 |
| DUDANI, Robert | Secretary | 1996-05-14 | 2001-09-18 |
| GOHIL, Atulkumar | Secretary | 2001-09-18 | 2003-01-24 |
| HARRINGTON, Mark James | Secretary | 2003-09-03 | 2005-01-21 |
| VAN VEEN, Peter | Secretary | 2005-01-21 | 2006-03-02 |
| ACCESS REGISTRARS LIMITED | Corporate Nominee Secretary | 1996-05-03 | 1996-05-14 |
| BEST, Emma, Miss. | Director | 2009-07-01 | 2011-05-11 |
| BUTLER, David Godwin Rhu | Director | 2011-01-05 | 2025-12-10 |
| DUDANI, Robert Jacques | Director | 2003-09-03 | 2015-01-04 |
| DUDANI, Robert | Director | 1996-05-14 | 2001-09-18 |
| EYGELAAR, Johannes Petrus | Director | 2011-10-12 | 2025-12-10 |
| FARRINGTON, Paul | Director | 1996-05-14 | 2000-05-01 |
| POTTER, Paul | Director | 2001-09-18 | 2003-05-31 |
| SMITH, Oliver Harry Barratt | Director | 1996-05-14 | 1998-07-03 |
| ACCESS NOMINEES LIMITED | Corporate Nominee Director | 1996-05-03 | 1996-05-14 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Webuy Holdings Ltd | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2025-10-31 | Active |
| Mrs Mohini Dudani | Individual | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Ceased 2025-10-31 |
Filing timeline
Last 20 of 159 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-29 | AA | accounts | Accounts with accounts type group | |
| 2026-06-25 | CH01 | officers | Change person director company with change date | |
| 2025-12-16 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-12-16 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-12-16 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-12-16 | AP01 | officers | Appoint person director company with name date | |
| 2025-12-16 | TM01 | officers | Termination director company with name termination date | |
| 2025-12-15 | AP01 | officers | Appoint person director company with name date | |
| 2025-12-15 | TM01 | officers | Termination director company with name termination date | |
| 2025-10-09 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-09-19 | AA | accounts | Accounts with accounts type group | |
| 2024-10-09 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-10-05 | AA | accounts | Accounts with accounts type group | |
| 2023-10-09 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-09-27 | AA | accounts | Accounts with accounts type group | |
| 2022-10-10 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-09-21 | AA | accounts | Accounts with accounts type full | |
| 2021-10-11 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2021-10-07 | AA | accounts | Accounts with accounts type full | |
| 2021-05-29 | MR04 | mortgage | Mortgage satisfy charge full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 10
- Capital events
- 0
- Officers appointed
- 2
- Officers resigned
- 2
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.