PXGEO EQUIPMENT LIMITED
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Cash
£705K
USD 942,401
+112.8% vs 2023
Net assets
-£4M
USD -5,321,789
-252.1% vs 2023
Employees
—
Average over period
Profit before tax
-£1.6M
USD -2,196,703
-92.5% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Negative shareholders' funds
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | Δ vs prior |
|---|---|---|---|---|
| Turnover | £25,564,650 | £27,709,558 | +8.4% | |
| Operating profit | £2,141,210 | £5,757,878 | +168.9% | |
| Profit before tax | -£854,308 | -£1,644,485 | -92.5% | |
| Net profit | -£855,218 | -£2,852,429 | -233.5% | |
| Cash | £331,561 | £705,496 | +112.8% | |
| Total assets less current liabilities | -£1,131,542 | £15,325,481 | +1,454.4% | |
| Net assets | -£1,131,542 | -£3,983,971 | -252.1% | |
| Equity | -£1,131,542 | -£3,983,971 | -252.1% | |
| Average employees | — | — | — | |
| Wages | £0 | £0 | — | |
| Directors' remuneration | £0 | £0 | — |
Figures converted to GBP from USD at 0.749 per USD (Frankfurter spot rate) — hover any figure for the original. — 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 |
|---|---|---|---|
| Operating margin | 8.4% | 20.8% | |
| Net margin | -3.3% | -10.3% | |
| Return on capital employed | — | 37.6% | |
| Current ratio | 0.25x | 0.28x | |
| Interest cover | 0.71x | 0.78x |
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
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- Buzzacott Audit LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The financial statements for the year ended 31 December 2024 have been prepared using the going concern assumption notwithstanding that the company incurred a net loss of USD 3.8 million and is in a net current liability position of USD 90 million. The going concern assumption is based on the PXGEO Group financial forecast and the support extended to the company by the immediate parent, as required for a period of at least 12 months from the date of approval of these financial statements.”
Significant events
- “There have been no significant events affecting the company since the year end.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 7 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BLANE, Luke Gary | Secretary | 2023-07-19 | — | — |
| DAVISON JR., Charles Warren | Director | 2025-06-04 | Sep 1968 | American |
| DEMPSEY, Bryan Robert | Director | 2025-05-20 | May 1969 | American |
Show 7 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| RAYWOOD, Caleb | Secretary | 2021-04-16 | 2023-07-19 |
| BOWMAN, Anthony Laurence | Director | 2024-12-20 | 2025-03-04 |
| BURLID, Hans-Peter | Director | 2021-04-16 | 2024-05-15 |
| KARINGADA MATHEW, Faisel | Director | 2024-05-15 | 2024-12-20 |
| RAYWOOD, Caleb | Director | 2021-04-16 | 2023-07-07 |
| VERMEULEN, Marthinus Willem | Director | 2025-03-04 | 2025-05-20 |
| ZICKERMAN, Carl Peter, Mr. | Director | 2023-07-07 | 2025-05-30 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Carl Peter Zickerman | Individual | Shares 75–100% | 2021-04-16 | Ceased 2022-06-14 |
Filing timeline
Last 20 of 31 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-02 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-11-27 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-10-01 | AA | accounts | Accounts with accounts type full | |
| 2025-06-18 | AP01 | officers | Appoint person director company with name date | |
| 2025-06-18 | TM01 | officers | Termination director company with name termination date | |
| 2025-05-27 | AP01 | officers | Appoint person director company with name date | |
| 2025-05-27 | TM01 | officers | Termination director company with name termination date | |
| 2025-03-13 | TM01 | officers | Termination director company with name termination date | |
| 2025-03-13 | AP01 | officers | Appoint person director company with name date | |
| 2025-02-06 | CH03 | officers | Change person secretary company with change date | |
| 2025-02-06 | CH01 | officers | Change person director company with change date | |
| 2025-01-24 | AP01 | officers | Appoint person director company with name date | |
| 2025-01-23 | TM01 | officers | Termination director company with name termination date | |
| 2024-11-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-10-17 | AA | accounts | Accounts with accounts type full | |
| 2024-05-23 | TM01 | officers | Termination director company with name termination date | |
| 2024-05-23 | AP01 | officers | Appoint person director company with name date | |
| 2023-11-21 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-06 | AA | accounts | Accounts with accounts type small | |
| 2023-07-19 | TM02 | officers | Termination secretary company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- 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.