APEX AUCTIONS LIMITED

🌳Matureactive
04376357 · ltd · incorporated 2002-02-18
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 19.3y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
year to Mar 2025
Net worth
book net assets
Opportunity
83/100
Exceptional
🔔
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What this business does
Primary activity: Wholesale of other machinery and equipment
Sector: Wholesale & retail
Investor take
Pursue
Active trading company with a 63-year-old founder — textbook succession opportunity.

Opportunity 83/100 (exceptional), bankability 85/100. Strong seller-intent signal (60/100, director aged 63). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

2 live charges · oldest 19.3y

85/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 19.3 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: high (82/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
7 officers (5 active, 7 linked, 5 with DOB)
84
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
12 connected companies via shared directors
81
Filing history
68 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
83/100Exceptional
PassWatchWorth a lookStrongExceptional 

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Mar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31
Average employees16001400

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

3 signals detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.

Available from the Pro tier upwards.

See pricing →

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
6
filings
  • 2 mortgage
  • 2 persons-with-significant-control
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (32 events)Click to expand
  1. 2026-02-17
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  2. 2026-02-17
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  3. 2026-02-17
    🔓
    Charge satisfied #2
  4. 2026-02-17
    🔓
    Charge satisfied #1
  5. 2025-12-17
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  6. 2025-12-16
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  7. 2025-12-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2025-11-03
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  9. 2025-11-01
    DUGARD, Jacqueline appointed
    director
  10. 2024-12-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2023-12-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2023-11-14
    📄
    change-person-director-company-with-change-date
    officers · CH01
  13. 2023-11-14
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  14. 2023-04-28
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  15. 2023-04-20
    WALKER, Eloise Jade appointed
    director
  16. 2022-12-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2021-12-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2021-08-25
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  19. 2021-08-12
    🔒
    Charge registered #2
    Lender: National Westminster Bank PLC
  20. 2021-06-14
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  21. 2021-06-01
    GADSDEN, David Patrick Luke resigned
    director
  22. 2021-04-06
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  23. 2021-03-29
    BROOKER, Kevin appointed
    director
  24. 2020-12-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  25. 2019-12-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  26. 2007-02-01
    🔒
    Charge registered #1
    Lender: National Westminster Bank PLC
  27. 2002-08-19
    GADSDEN, David Patrick Luke appointed
    director
  28. 2002-02-18
    🏢
    Company incorporated
    As APEX AUCTIONS LIMITED
  29. 2002-02-18
    SS SECRETARIAT LIMITED appointed
    corporate-secretary
  30. 2002-02-18
    DUGARD, Stephen John Cecil appointed
    director
  31. 2002-02-18
    SWIFT INCORPORATIONS LIMITED appointed
    corporate-nominee-secretary
  32. 2002-02-18
    SWIFT INCORPORATIONS LIMITED resigned
    corporate-nominee-secretary

Owner dependency

66/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • -4 active directors: Broader management team in place — suggests transferable governance.
  • +Long-tenure founder: Senior director has been in place 24 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 63 — approaching natural succession window.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

70/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 63. Approaching typical UK retirement age — succession thinking likely.
  • primary20+ year tenure: Director in role 24 years. Very long tenure is a classic succession signal.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Group structure

Brighthelm Holdings Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Brighthelm Holdings Ltd
Corporate parent · holds 75-100% shares
ultimate parent
APEX AUCTIONS LIMITED
This company · 04376357

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Brighthelm Holdings Ltd
Corporate entity
75100%
75–100%75-100% shares · 75-100% voting06/04/2016
1 historic (ceased) PSC
  • Mr Stephen John Cecil Dugardceased 06/04/2016· 25-50% shares · 25-50% voting

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

🔒Co-director network graph

Radial SVG graph showing every company connected via shared directors, colour-coded by status.

Available from the Pro tier upwards.

See pricing →

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

6 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.

Available from the Pro tier upwards.

See pricing →
🔒Advanced scoring suite

Exit-route ranking, improvement thesis, quiet-distress detector, covenant-pressure proxy, extraction monitor, approaching triggers, ownership drift, local cluster, value trap, debt capacity, archetype classification — 48+ scoring modules.

Available from the Pro tier upwards.

See pricing →

Company details

Statusactive
Typeltd
Incorporated2002-02-18
Jurisdictionengland-wales
Primary SIC46690 — Wholesale of other machinery and equipment

Registered office

168 Church Road
Hove
BN3 2DL
England

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-11-24
Last: 2025-11-10

Officers (5 active · 2 resigned)

SS SECRETARIAT LIMITED
corporate-secretary · appointed 2002-02-18
View their other companies + combined net worth →
Active
BROOKER, Kevin
director · ~55y · appointed 2021-03-29
View their other companies + combined net worth →
Active
DUGARD, Jacqueline
director · ~63y · appointed 2025-11-01
View their other companies + combined net worth →
Active
DUGARD, Stephen John Cecil
director · ~63y · appointed 2002-02-18
View their other companies + combined net worth →
Active
WALKER, Eloise Jade
director · ~36y · appointed 2023-04-20
View their other companies + combined net worth →
Active
SWIFT INCORPORATIONS LIMITED
corporate-nominee-secretary · appointed 2002-02-18 · resigned 2002-02-18
Resigned
GADSDEN, David Patrick Luke
director · ~77y · appointed 2002-08-19 · resigned 2021-06-01
Resigned

Click a director name to see their full track record across all companies.

Mortgages & charges

2
Total charges
0
Outstanding
0
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
satisfied
National Westminster Bank
National Westminster Bank PLC
A registered charge12/08/202117/02/2026
satisfied
National Westminster Bank
National Westminster Bank PLC
Charge of deposit1 property01/02/200717/02/2026

Recent filings (68 total)

mortgage-satisfy-charge-full
mortgage · MR04
2026-02-17
mortgage-satisfy-charge-full
mortgage · MR04
2026-02-17
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2025-12-17
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-12-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-05
appoint-person-director-company-with-name-date
officers · AP01
2025-11-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-17
change-person-director-company-with-change-date
officers · CH01
2023-11-14
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-11-14
appoint-person-director-company-with-name-date
officers · AP01
2023-04-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-30