APAG LIMITED
🌳Matureactive
09512760 · ltd · incorporated 2015-03-26
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
- · Thesis: well-run, low negotiation leverage
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Apr 2025
Net worth
£52.0k
book net assets
Opportunity
72/100
Strong
What this business does
Primary activity: Security dealing on own account
Sector: Financial & insurance
ALSO REGISTERED FOR
- 69109Activities of patent and copyright agents; other legal activities
- 70229Management consultancy activities other than financial management
- 96090Other service activities n.e.c.
Investor take
Special-situation opportunityDistressed financial-services with salvageable qualities — special-situations priority.
Opportunity 72/100 (strong), bankability 75/100. Strong seller-intent signal (63/100, director aged 68). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: 1 insolvency-related filing on record. Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding. Most likely exit: strategic trade sale (73/100).
Data confidence
Overall: medium (79/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Company profile
address, 4 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
4 officers (4 active, 4 linked, 4 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
37 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £52,025
Net assets shrinking
Down £141,025 YoY
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£52k
↓ 73% YoY
Current Assets
£54k
↓ 82% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-04-30 | 2024-04-30 |
|---|---|---|
| Total assets | £52.0k | £193.1k |
| Current assets | £54.0k | £306.7k |
| Net assets | £52.0k | £193.1k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Last 30 days
0
filings
Last 90 days
1
filing
- • 1 confirmation-statement
Last 180 days
2
filings
- • 1 confirmation-statement
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (20 events)Click to expand
- 2026-01-26📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-02-27📄capital-statement-capital-company-with-date-currency-figurecapital · SH19
- 2025-02-27📄legacycapital · SH20
- 2025-02-27⚠️legacyinsolvency · CAP-SS
- 2025-02-27📄resolutionresolution · RESOLUTIONS
- 2025-01-19📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-01-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-01-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-01-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-11-21📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-01-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-01-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-01-26📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-01-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-01-23📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2016-03-31➕LAX, Adam Peter Simon appointeddirector
- 2016-03-31➕LAX, Georgina Alexandra Clare appointeddirector
- 2015-03-26🏢Company incorporatedAs APAG LIMITED
- 2015-03-26➕LAX, Angela Clare appointeddirector
- 2015-03-26➕LAX, Peter Andrew appointeddirector
Owner dependency
55/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
FACTORS
- -4 active directors: Broader management team in place — suggests transferable governance.
- +Founder age: Director aged approximately 68 — succession pressure is live.
Succession & seller-readiness
55/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 68. Approaching typical UK retirement age — succession thinking likely.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
1 high ·1 insolvency-related filing on record
highFilings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2025-02-27: legacy
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mrs Angela Clare Lax Individual · British · DOB 03/1958 · age 68 | 25–50% | — | 25-50% shares | 06/04/2016 |
Mr Peter Andrew Lax Individual · British · DOB 03/1958 · age 68 | 25–50% | — | 25-50% shares | 06/04/2016 |
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 →Similar companies
Active · Financial services · WS postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 2ND CITY FINANCE LTD→ 13055699 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| 42 WEALTH MANAGEMENT LTD→ 09873045 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| A S R FINANCIAL LIMITED→ 14663101 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| A T FINANCIAL SERVICES LTD→ 12628112 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| ARMCHAIR ADVISER LTD→ 15852316 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ARQ FINANCIAL PLANNING LTD→ 17087763 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| ASHWOOD LAW WEALTH MANAGEMENT LIMITED→ 03540491 · est 1998 · no financials extracted | — | — | — | — | 28y | — | — |
| AT-US BUSINESS FINANCE LIMITED→ 08729419 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| BARRINGTON SECURITY ELITE LTD→ 16294621 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| BE FINANCE LIMITED→ 08766904 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| BEAR COTTAGE PROPERTIES LTD→ 15804969 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| BELLKER LTD→ 15508403 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
8 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
Incorporated2015-03-26
Jurisdictionengland-wales
Primary SIC64991 — Security dealing on own account
Registered office
Wissage Hill House
Covey Close
Lichfield
WS13 6BS
England
Filing status
Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2027-04-09
Last: 2026-03-26
Officers (4 active · 0 resigned)
LAX, Adam Peter Simon→
Activedirector · ~34y · appointed 2016-03-31
View their other companies + combined net worth →
LAX, Angela Clare→
Activedirector · ~68y · appointed 2015-03-26
View their other companies + combined net worth →
LAX, Georgina Alexandra Clare→
Activedirector · ~29y · appointed 2016-03-31
View their other companies + combined net worth →
LAX, Peter Andrew→
Activedirector · ~68y · appointed 2015-03-26
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Recent filings (37 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-02
accounts-with-accounts-type-micro-entity
accounts · AA
2026-01-26
confirmation-statement-with-updates
confirmation-statement · CS01
2025-03-27
capital-statement-capital-company-with-date-currency-figure
capital · SH19
2025-02-27
legacy
capital · SH20
2025-02-27
legacy
insolvency · CAP-SS
2025-02-27
resolution
resolution · RESOLUTIONS
2025-02-27
accounts-with-accounts-type-micro-entity
accounts · AA
2025-01-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-26
accounts-with-accounts-type-micro-entity
accounts · AA
2024-01-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-26
accounts-with-accounts-type-micro-entity
accounts · AA
2023-01-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-31
accounts-with-accounts-type-micro-entity
accounts · AA
2022-01-30
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-11-21