APEX CORPORATE TRUSTEES (UK) LTD

One to watch in the UK Asset Management industry this month.

The following findings are taken from the Plimsoll Analysis and show why APEX CORPORATE TRUSTEES (UK) LTD is one to watch in the UK Asset Management industry this month. According to the latest Plimsoll Analysis they are exceptional because of:

Their excellent financial health

The Plimsoll Analysis of APEX CORPORATE TRUSTEES (UK) LTD shows:

The Plimsoll Chart is high and rising indicating an improvement in financial strength, well above the industry average.
The company is the 317th largest in the market
It is one of the strongest in the UK market

Their attractiveness as an acquisition

Along with the UK's 904 other leading Asset Management, APEX CORPORATE TRUSTEES (UK) LTD has been rated on it acquisition attractiveness:

The company could command a price premium
It has been rated on 9 specific acquisition criteria
It does however have the resources to be on the lookout for acquisitions
248 companies are ripe for takeover according to the Plimsoll Analysis

Plus some of its other key achievements this year

The Plimsoll Analysis reveals the true performance of each company. Here are some other key findings for APEX CORPORATE TRUSTEES (UK) LTD:

Pretax profits have risen 114% in the latest year.
Total sales have risen 15% in the latest year.
The value of the company has increased in the latest year.
Has a big difference between future and current value.
One of the Top 50 in terms of 'Trading Profits'.
Latest sales are £10.92 million

6 Charts

The 6 charts measure sales growth, return on assets, profitability, debt, and cover for creditors. A rising line is good and a falling line is bad.

Company Details

The page shows the registered office, auditor's details and the key board member.

Plimsoll Chart

The Plimsoll Chart is the overall measure of the change in a companies financial performance. A high and rising line indicates the company is STRONG.

Company Summary

Written commentary is provided detailing key findings including current ranking and any special achievements.

Financial Data

5 years' worth of financial data is provided on each company.

Future Year

Projected Future Year – we estimate how the company could improve its overall value and financial stability.

SALES GROWTH

(% Change in Sales Year On Year)

TRADING STABILITY

(Sales Return On Total Assets)

RETAINED PROFITABILITY

(Retained Profit Return On Total Assets)

WORKING CAPITAL

(Repay Debt Without Selling Fixed Assets)

GEARING

(How Much is Owned By The Shareholders)

IMMEDIATE LIQUIDITY

(Immediate Cover For Trade Creditors)

PLIMSOLL CHART

(Overall Financial Health)

APEX CORPORATE TRUSTEES (UK) LTD

Registration Number:	00239726	Website:	www.capitaassetservices.com
Incorporation Date:	22/05/1929	Audit. Fees:	££54,000
Last Annual Return:		Secretary:	Not available

Registered Address:	4th Floor, 140 Aldersgate Street,
	London, London.
	EC1A 4HY

Directors

Mr Stephen George Geddes (56 yrs)

Mr Sean Peter Martin (60 yrs)

Corporate trustees and the provision of trust and administration services. T/O= Revenue.

						PROPOSED YEAR

Period Ending	31-Dec-19	31-Dec-20	31-Dec-21	31-Dec-22	31-Dec-23	29-Dec-24
Weeks	26	52	52	52	52	52
£000
Total Sales	4562	8321	9480	9534	10922	12830
Directors Fees	127	0	0	0	0	0
Gross Profit	1890	3317	5670	6361	8171	9598
Value Added	3707	6605	NA	6255	8954	11841
Trading Profit	598	-74	1118	2847	6009	8696
Depreciation	53	530	468	68	59	71
Non-Trading Income	-76	0	0	0	0	0
Total Interest Charges	0	113	12	0	0	0
Pretax Profit	469	-717	638	2779	5950	8625
Retained Proft (+ - Shareholders Funds)	375	-739	388	2923	5138	3570

Fixed Assets	235	599	154	86	82	98
Intangibles	0	0	0	0	0	0
Intermediate Assets	12171	8814	8924	415	492	590

Stocks	0	0	0	0	0	0
Debtors	1094	669	1025	581	702	825
Cash Or Equivalent	4150	7366	3744	14954	20661	24622
Total Current Assets	5244	8035	4769	15535	21363	25447
Creditors	3649	125	2960	210	139	188
Short Term Borrowing	1026	2997	14	0	0	0
Oth.Curr.Liabilities	0	3686	0	2062	2896	3475
Tot.Curr.Liabilities	4675	6808	2974	2272	3035	3663
Net Curr.Assets	569	1227	1795	13263	18328	21784

Shareholders Funds	11192	10453	10841	13764	18902	22472
Total Loan Capital	1652	0	0	0	0	0
Other Capital Employed	12975	10639	10872	13764	18902	0
Tot.Capt.Employed	12975	10639	10872	13764	18902	22472

Pretax Profit Margin %	10.28	-8.62	6.73	29.15	54.48	67.22
Sales Growth %	-52	82	14	1	15	17
Pretax Profit Growth %		-253	189	336	114	45
Debtor Ratio Days	44	29	39	22	23	23
Creditor Ratio Days	146	5	114	8	5	5
Stock Turnover	NA	NA	NA	NA	NA	NA

Sales £000/Employee	68	126	NA	183	260	286
Value Added £000/Empl.	55	100	NA	120	213	264
Av. Remun. £000/Empl.	46	101	NA	66	70	70
Total Empl. Remu. £000	3109	6679	NA	3408	2945	3145
Employees	67	66	NA	52	42	45

Pretax Profit/Total Assets %	3	-4	5	17	27	33

COMPANY SUMMARY

The Plimsoll Chart is high and rising indicating an improvement in financial strength, well above the industry average.
Total Sales have increased by 14.6% in the latest year, well above the industry average of 0.0%.
Pretax Profit Margin is 54.5% in the latest year, well above the industry average of 15.2%.
Pretax Profit Margin has markedly improved from 29.1% to 54.5% in the latest year.
The Profitability chart shows a well above average pretax profit return on total assets in the latest year
NOTE THAT SOME ACCOUNTING PERIODS ARE NOT 52 WEEKS (* INDICATES THE AFFECTED CHARTS)
The company is among the Top 50 in terms of Trading Profits.
The company is among the Top 331 companies listed under the Pretax Profits category (see section 3.2c).

Key Attractiveness features

Key reasons to accquire this company are highlighted

Acquisition Attractiveness Rating

Each company gets a 9 point takeover checklist designed to pick out targets with the most potential

Overall Rating Chart

This chart shows how attractive a company is. The higher the chart the better the takeover

Company Valuation

Each company is givenan overall value and a value after liabilities for each of the last 4 years

Company Trend

This chart shows the trend in a companies value over the past 4 years

Comments

A description of the factors affecting valuation and attractiveness is provided for each company

APEX CORPORATE TRUSTEES (UK) LTD- ACQUISITION ATTRACTIVENESS ANALYSIS

COMPANY SUMMARY:

The company currently has £10.9m sales and made £6.0m, by following the proposal plan, sales would rise to £12.8m and profits would rise to £8.6m.

KEY ATTRACTIVENESS FEATURES:

ADD £10.9m TO SALES
ATTRACTIVE PRICE
FEW DIRECTORS

Acquisition Attractiveness Rating: ( Meets criteria Does not meet criteria)

Criteria

Sales growth above the industry average
Low financial rating
High gross earnings")
Low number of shareholders
Big difference between current and future value
Directors fees represent high proportion of profits
Average age of directors is high
Company is privately owned
Low number of directors

Acquisition Rating

HIGHLY ATTRACTIVE
WORTH CONSIDERING
UNATTRACTIVE

Company Valuation:

					♦
					Proposed Yr
Year end:	31-Dec-20	31-Dec-21	31-Dec-22	31-Dec-23	29-Dec-24
Total Sales (£000):	8321	9480	9534	10922	12830
Pretax Profits (£000):	-717	638	2779	5950	8625
Total value (£000):	7062	13353	14977	31026	44638
Asset value (£000):	10082	10103	1082	1276	1513
Goodwill (£000):	-3020	3250	13895	29750	43125
Liabilities (£000):	372	739	12682	17626	20959
Equity value (£000):	7434	14092	27659	48652	65597

Total Value Formula: (Pretax Profit + Interest Payments - Non Trading Income + Directors Fees) * 5 plus
(Fixed Assets + Intangibles + Intermediate Assets + Stocks + Debtors)

Shareholders / Ownership:

APEX CONSOLIDATION ENTITY LTD (100.0%)

Immediate Shareholder: APEX CONSOLIDATION ENTITY LTD

Subsidiaries:

APEX AGENCY SERVICES LTD.

APEX ASOP LTD

APEX ASOP SEVICES LTD

APEX ATL PENSION TRUSTEES LTD

APEX CONSORTIUM NOMINEES NO. 1 LTD

APEX CONSORTIUM NOMINEES NO. 2 LTD

APEX CONSORTIUM NOMINEES NO. 3 LTD

APEX CORPORATE SERVICES (UK) LTD

APEX FINANCIAL SERVICES (NOMINEES 2) LTD

APEX PENSION SECRETARIAT LTD

Acquisition / Valuation Comments:

This company has been established 96 years.

The number of shareholders is low (1)

The value of the company has risen in each of the last 2 years.

The value of the company has fluctuated in the last 2 years.

The total value of the company is currently £31.0m including debts.

The equity value is high, indicating low levels of total liabilities.

The proposed year is based on achieving a 33% return on total assets.

The company's value would increase by 44% if the proposed business plan was followed.

Google search for more info:www.google.co.uk/search?q=APEX+CORPORATE+TRUSTEES+(UK)

What is the Plimsoll Analysis?

The Plimsoll Analysis brings together 5 years of financial data on the UK's leading 904 Asset Management companies and produces a graphical and written study of their financial health, overall value and attractiveness for takeover. Once we have individually assessed the companies we categorise them based on different criteria. Our rankings are not available anywhere else and will show you:

The most profitable
The best acquisition
The best performers
The companies in Danger

The most improved
The cash rich
The fastest growing
The biggest threats

The loss makers
The most productive
The fastest shrinking
And much more

The analysis also splits the companies by region, size, turnover and much more giving you the most complete and convenient study of the market possible.

What can I do with it?

Since its launch in 1987, the Plimsoll Analysis has been used by senior decision makers to give them the inside track on what's going on in the Asset Management industry. We lay out our findings on each company using easy to understand charts and simple written statements so you can easily:

Benckmark your own performance
Pick out "hot" acquisition prospects

See what the STRONG are doing
Spot rivals heading for failure

Monitor up and coming threats
Keep up to date with changes

What do I get on each company?

On each company you will receive:

A unique financial health assessment
A 9 point acquisition checklist

A graphical performance rating
An independent valuation

An acquisition attractiveness rating
Written summary of key findings

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