APEX RESOURCES LIMITED
📈Growthactive
05038793 · ltd · incorporated 2004-02-09
Investment thesis
Growth-phase business — story-led; valuation sensitive to momentum.
Why interesting: Trading is scaling; acquirers paying for trajectory get disproportionate leverage.
Why risky: Price often leads fundamentals; dependency on founder often high.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Feb 2025
Net worth
—
book net assets
Opportunity
74/100
Strong
What this business does
Primary activity: Other activities of employment placement agencies
Sector: Administrative & support services
ALSO REGISTERED FOR
- 78200Temporary employment agency activities
Investor take
PursueStrong opportunity: active trading company with strong profile and acceptable with review structure.
Opportunity 74/100 (strong), bankability 67/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: strategic trade sale (70/100).
🏦
Refinance opportunity
6 live charges · 4 lenders · oldest 22.2y
45/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 22.2 years old — likely at or near maturity.
- · 4 lenders named — inter-creditor friction likely.
- · Legal-friction score 35/100 — workable, but lender will want more DD.
- · Profitable and stable/growing — lender coverage supportable.
Data confidence
Overall: medium (77/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Company profile
address, 2 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
6 charges (6/6 with lender, 6/6 with type)
90
Directors & officers
4 officers (2 active, 4 linked, 2 with DOB)
80
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
84 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation
Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.
Available from the Pro tier upwards.
See pricing →Opportunity Score
74/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
60
Some acquirability indicators.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Profitable
Profit before tax £889,254
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-02-28 | 2024-02-29 |
|---|---|---|
| Profit before tax | £889.3k | £224.2k |
| Average employees | 68 | 7000 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
2 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
3
filings
- • 3 mortgage
Last 90 days
3
filings
- • 3 mortgage
Last 180 days
3
filings
- • 3 mortgage
Counts from Companies House filing history.
Corporate timeline (37 events)Click to expand
- 2026-07-23📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-07-23📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-07-23📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-07-23🔓Charge satisfied #5
- 2026-07-23🔓Charge satisfied #3
- 2026-07-20🔒Charge registered #6Lender: National Westminster Bank PLC
- 2025-11-27📄accounts-with-accounts-type-fullaccounts · AA
- 2024-11-29📄accounts-with-accounts-type-fullaccounts · AA
- 2024-10-29📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-10-29📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2024-04-22📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-04-22🔓Charge satisfied #4
- 2024-02-09📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-02-09📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-11-30📄accounts-with-accounts-type-fullaccounts · AA
- 2023-02-28📍change-sail-address-company-with-old-address-new-addressaddress · AD02
- 2022-11-30📄accounts-with-accounts-type-fullaccounts · AA
- 2022-05-19📄capital-cancellation-sharescapital · SH06
- 2022-05-19📄capital-return-purchase-own-sharescapital · SH03
- 2022-04-29📄resolutionresolution · RESOLUTIONS
- 2022-04-25📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-04-21🔒Charge registered #5Lender: Lloyds Bank PLC
- 2022-02-28📍change-sail-address-company-with-old-address-new-addressaddress · AD02
- 2021-11-23📄accounts-with-accounts-type-fullaccounts · AA
- 2021-05-04📄auditors-resignation-companyauditors · AUD
- 2019-02-19➕OSAZEE, Osarume Tope appointedsecretary
- 2019-02-19➖BRADY, Herold resignedsecretary
- 2019-02-19➖BRADY, Herold resigneddirector
- 2019-01-07🔒Charge registered #4Lender: National Westminster Bank PLC
- 2014-11-28🔒Charge registered #3Lender: Lloyds Bank PLC
- 2009-03-10🔓Charge satisfied #1
- 2006-05-04🔒Charge registered #2Lender: Rbs If Limited
- 2004-05-10🔒Charge registered #1Lender: Five Arrows Commercial Finance Limited
- 2004-02-09🏢Company incorporatedAs APEX RESOURCES LIMITED
- 2004-02-09➕OSAZEE, Osarume Tope, Mr. appointeddirector
- 2004-02-09➕BRADY, Herold appointedsecretary
- 2004-02-09➕BRADY, Herold appointeddirector
Owner dependency
85/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
FACTORS
- +Sole director: Only one active director — all governance concentrated on one person.
- +Long-tenure founder: Senior director has been in place 22 years — deep operational knowledge concentrated in one person.
Succession & seller-readiness
75/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- primary20+ year tenure: Director in role 22 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 22 years old and no new directors in the last 3 years — succession not yet being planned internally.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
1 med ·Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Apex Resources Group Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Apex Resources Group Ltd
Corporate parent · holds 75-100% shares · board control
⬇
APEX RESOURCES LIMITED
This company · 05038793
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%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Apex Resources Group Ltd Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 23/10/2024 |
2 historic (ceased) PSCs
- Mr Herold Bradyceased 12/04/2022· 25-50% shares
- Mr Osarume Tope Osazeeceased 12/04/2022· 75-100% shares · 75-100% voting · board control
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Professional services · WD postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A SWAIN CONSULTING LIMITED→ 07117210 · est 2010 · no financials extracted | — | — | — | — | 16y | — | — |
| ARCHIPLAN DESIGN AND MANAGEMENT LTD→ 17123258 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| AREM CONSULTING LIMITED→ 08344991 · est 2013 · no financials extracted | — | — | — | — | 13y | — | — |
| ARKLEY ACCOUNTING SOLUTIONS LTD→ 11623208 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| ARTHUR HOLLOWAY CONSULTING LTD→ 11783340 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| ASCOT INTERNATIONAL CONSULTING LTD→ 16131113 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ASG WELLNESS BEING LTD→ 09143213 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| ASGARD HOUSE LIMITED→ 04533224 · est 2002 · no financials extracted | — | — | — | — | 23y | — | — |
| ASHENDON RECRUITMENT LIMITED→ 03755351 · est 1999 · no financials extracted | — | — | — | — | 26y | — | — |
| ASHLEY MEDICAL COMMUNICATIONS LIMITED→ 03946649 · est 2000 · no financials extracted | — | — | — | — | 26y | — | — |
| ASHON LIMITED→ 06545708 · est 2008 · no financials extracted | — | — | — | — | 18y | — | — |
| ASIAN FASHION APPARELS AND SOURCING LIMITED→ 08246546 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
7 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
Incorporated2004-02-09
Jurisdictionengland-wales
Primary SIC78109 — Other activities of employment placement agencies
Registered office
Apex House
Bridle Path
Watford
WD17 1UE
England
Filing status
Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2026-10-29
Last: 2025-10-15
Officers (2 active · 2 resigned)
OSAZEE, Osarume Tope→
Activesecretary · appointed 2019-02-19
View their other companies + combined net worth →
OSAZEE, Osarume Tope, Mr.→
Activedirector · ~53y · appointed 2004-02-09
View their other companies + combined net worth →
BRADY, Herold→
Resignedsecretary · appointed 2004-02-09 · resigned 2019-02-19
BRADY, Herold→
Resigneddirector · ~62y · appointed 2004-02-09 · resigned 2019-02-19
Click a director name to see their full track record across all companies.
Mortgages & charges
6
Total charges
2
Outstanding
2
Active lenders
Status:Lender:6 of 6 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | National Westminster Bank National Westminster Bank PLC | A registered charge | — | 20/07/2026 | — | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | A registered charge | 1 property | 21/04/2022 | 23/07/2026 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | A registered charge | — | 07/01/2019 | 22/04/2024 | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | A registered charge | — | 28/11/2014 | 23/07/2026 | |
| outstanding | NatWest Group Rbs If Limited | Fixed and floating charge | 1 property | 04/05/2006 | — | |
| satisfied | Five Arrows Commercial Finance Five Arrows Commercial Finance Limited | All assets debenture | 1 property | 10/05/2004 | 10/03/2009 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (84 total)
mortgage-satisfy-charge-full
mortgage · MR04
2026-07-23
mortgage-satisfy-charge-full
mortgage · MR04
2026-07-23
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-07-23
accounts-with-accounts-type-full
accounts · AA
2025-11-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-15
accounts-with-accounts-type-full
accounts · AA
2024-11-29
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-10-29
confirmation-statement-with-updates
confirmation-statement · CS01
2024-10-29
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2024-10-29
mortgage-satisfy-charge-full
mortgage · MR04
2024-04-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-13
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-02-09
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-02-09
accounts-with-accounts-type-full
accounts · AA
2023-11-30
change-sail-address-company-with-old-address-new-address
address · AD02
2023-02-28