Apex Fastening Solutions Ltd

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apex fastening solutions ltd Company Information

Live

EstablishedSmallRapid

Company Number

NI060561

Next Accounts

Jun 2025

Industry

Other retail sale not in stores, stalls or markets

Directors

Gary Nellis

Shane Nugent

Shareholders

shane nugent

gary nellis

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Group Structure

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Contact

Registered Address

unit 3 127 ballynakilly road, dungannon, tyrone, BT71 6HE

Website

www.apexfastenings.com

apex fastening solutions ltd Estimated Valuation

£3.5m

Pomanda estimates the enterprise value of APEX FASTENING SOLUTIONS LTD at £3.5m based on Net Assets of £1.8m and 1.96x industry multiple (adjusted for liquidity).

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Apex Fastening Solutions Ltd is a live company located in tyrone, BT71 6HE with a Companies House number of NI060561. It operates in the other retail sale not in stores, stalls or markets sector, SIC Code 47990. Founded in August 2006, it's largest shareholder is shane nugent with a 50% stake. Apex Fastening Solutions Ltd is a established, small sized company, Pomanda has estimated its turnover at £4.9m with rapid growth in recent years.

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Pomanda's financial health check has awarded Apex Fastening Solutions Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 6 areas for improvement. Company Health Check FAQs

Health Rating3.5out of 5

5 Strong

1 Regular

6 Weak

Size

annual sales of £4.9m, make it larger than the average company (£1.1m)

Growth

3 year (CAGR) sales growth of 36%, show it is growing at a faster rate (7.6%)

EXPORT

Apex Fastening Solutions Ltd's latest turnover from September 2023 is estimated at £4.9 million and the company has net assets of £1.8 million. According to their latest financial statements, Apex Fastening Solutions Ltd has 34 employees and maintains cash reserves of £6.9 thousand as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Sep 2023	Sep 2022	Sep 2021	Sep 2020	Sep 2019	Sep 2018	Sep 2017	Sep 2016	Sep 2015	Sep 2014	Sep 2013	Sep 2012	Sep 2011	Sep 2010	Sep 2009
Turnover	4,936,405	4,615,307	2,638,185	1,960,629	2,093,243	2,213,468	2,014,368	1,512,408	1,522,136	1,228,054	1,071,137	1,185,356	884,945	862,525	0
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	4,026,482	3,786,446	2,206,920	1,609,286	1,614,393	1,760,667	1,608,064	1,194,667	1,209,514	954,267	836,106	907,590	695,330	659,458	0
Gross Profit	909,923	828,861	431,264	351,343	478,850	452,801	406,305	317,741	312,621	273,787	235,030	277,766	189,615	203,066	0
Admin Expenses	753,406	530,693	72,380	131,310	137,916	164,454	123,690	238,270	245,734	220,622	205,867	249,322	185,110	211,174	-43,017
Operating Profit	156,517	298,168	358,884	220,033	340,934	288,347	282,615	79,471	66,887	53,165	29,163	28,444	4,505	-8,108	43,017
Interest Payable	0	0	0	0	0	0	0	0	0	14	44	209	439	259	0
Interest Receivable	666	4,038	304	224	990	774	155	0	0	3	3	0	0	0	0
Pre-Tax Profit	157,183	302,206	359,188	220,257	341,923	289,121	282,770	79,471	66,888	53,153	29,122	28,236	4,066	-8,367	43,017
Tax	-39,296	-57,419	-68,246	-41,849	-64,965	-54,933	-53,726	-15,894	-13,377	-11,162	-6,698	-6,777	-1,057	0	-12,045
Profit After Tax	117,887	244,787	290,942	178,408	276,958	234,188	229,044	63,577	53,510	41,991	22,424	21,459	3,009	-8,367	30,972
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	117,887	244,787	290,942	178,408	276,958	234,188	229,044	63,577	53,510	41,991	22,424	21,459	3,009	-8,367	30,972
Employee Costs	1,192,291	1,058,908	860,522	623,219	568,332	609,653	171,140	126,600	134,684	93,640	96,272	91,478	58,628	84,926	0
Number Of Employees	34	32	26	21	18	19	6	4	4	3	3	3	2	3	0
EBITDA*	241,607	385,573	440,534	296,459	405,679	327,661	323,760	93,686	79,081	66,141	39,468	35,822	12,595	1,904	53,772

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Sep 2023	Sep 2022	Sep 2021	Sep 2020	Sep 2019	Sep 2018	Sep 2017	Sep 2016	Sep 2015	Sep 2014	Sep 2013	Sep 2012	Sep 2011	Sep 2010	Sep 2009
Tangible Assets	463,029	474,141	439,804	405,851	350,074	217,030	220,008	67,406	55,956	55,055	23,952	20,023	17,305	23,075	25,303
Intangible Assets	18,560	20,880	23,200	25,520	27,840	30,160	32,480	34,800	37,120	39,440	41,760	44,080	46,400	48,720	51,040
Investments & Other	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Debtors (Due After 1 year)	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Fixed Assets	481,589	495,021	463,004	431,371	377,914	247,190	252,488	102,206	93,076	94,495	65,712	64,103	63,705	71,795	76,343
Stock & work in progress	1,289,205	1,572,793	797,107	426,088	301,926	347,438	140,229	135,550	98,560	96,559	60,556	62,115	57,450	88,560	87,924
Trade Debtors	1,371,617	1,277,982	873,638	596,794	681,071	705,297	556,526	422,199	451,642	305,051	263,432	284,068	218,899	181,961	127,782
Group Debtors	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Misc Debtors	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash	6,933	18,433	340,484	266,832	181,432	82,540	123,918	0	51	0	1,000	6	14	14	6
misc current assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total current assets	2,667,755	2,869,208	2,011,229	1,289,714	1,164,429	1,135,275	820,673	557,749	550,253	401,610	324,988	346,189	276,363	270,535	215,712
total assets	3,149,344	3,364,229	2,474,233	1,721,085	1,542,343	1,382,465	1,073,161	659,955	643,329	496,105	390,700	410,292	340,068	342,330	292,055
Bank overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Bank loan	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Trade Creditors	1,198,553	1,466,361	704,071	516,282	509,958	601,480	615,540	431,378	478,329	384,615	320,761	362,314	308,935	311,744	223,539
Group/Directors Accounts	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other short term finances	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
hp & lease commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other current liabilities	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total current liabilities	1,198,553	1,466,361	704,071	516,282	509,958	601,480	615,540	431,378	478,329	384,615	320,761	362,314	308,935	311,744	223,539
loans	0	0	0	0	0	0	0	0	0	0	440	903	5,517	7,979	0
hp & lease commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Accruals and Deferred Income	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other liabilities	150,000	214,964	332,045	57,628	63,618	89,176	0	0	0	0	0	0	0	0	37,542
provisions	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total long term liabilities	150,000	214,964	332,045	57,628	63,618	89,176	0	0	0	0	440	903	5,517	7,979	37,542
total liabilities	1,348,553	1,681,325	1,036,116	573,910	573,576	690,656	615,540	431,378	478,329	384,615	321,201	363,217	314,452	319,723	261,081
net assets	1,800,791	1,682,904	1,438,117	1,147,175	968,767	691,809	457,621	228,577	165,000	111,490	69,499	47,075	25,616	22,607	30,974
total shareholders funds	1,800,791	1,682,904	1,438,117	1,147,175	968,767	691,809	457,621	228,577	165,000	111,490	69,499	47,075	25,616	22,607	30,974

	Sep 2023	Sep 2022	Sep 2021	Sep 2020	Sep 2019	Sep 2018	Sep 2017	Sep 2016	Sep 2015	Sep 2014	Sep 2013	Sep 2012	Sep 2011	Sep 2010	Sep 2009
Operating Activities
Operating Profit	156,517	298,168	358,884	220,033	340,934	288,347	282,615	79,471	66,887	53,165	29,163	28,444	4,505	-8,108	43,017
Depreciation	82,770	85,085	79,330	74,106	62,425	36,994	38,825	11,895	9,874	10,656	7,985	5,058	5,770	7,692	8,435
Amortisation	2,320	2,320	2,320	2,320	2,320	2,320	2,320	2,320	2,320	2,320	2,320	2,320	2,320	2,320	2,320
Tax	-39,296	-57,419	-68,246	-41,849	-64,965	-54,933	-53,726	-15,894	-13,377	-11,162	-6,698	-6,777	-1,057	0	-12,045
Stock	-283,588	775,686	371,019	124,162	-45,512	207,209	4,679	36,990	2,001	36,003	-1,559	4,665	-31,110	636	87,924
Debtors	93,635	404,344	276,844	-84,277	-24,226	148,771	134,327	-29,443	146,591	41,619	-20,636	65,169	36,938	54,179	127,782
Creditors	-267,808	762,290	187,789	6,324	-91,522	-14,060	184,162	-46,951	93,714	63,854	-41,553	53,379	-2,809	88,205	223,539
Accruals and Deferred Income	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Deferred Taxes & Provisions	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash flow from operations	124,456	-89,586	-87,786	221,049	318,930	-97,312	315,190	23,294	10,826	41,211	13,412	12,590	2,901	35,294	49,560
Investing Activities
capital expenditure	-71,658	-119,422	-113,283	-129,883	-195,469	-34,016	-191,427	-23,345	-10,775	-41,759	-11,914	-7,776	0	-5,464	-87,098
Change in Investments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
cash flow from investments	-71,658	-119,422	-113,283	-129,883	-195,469	-34,016	-191,427	-23,345	-10,775	-41,759	-11,914	-7,776	0	-5,464	-87,098
Financing Activities
Bank loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Group/Directors Accounts	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Short Term Loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Long term loans	0	0	0	0	0	0	0	0	0	-440	-463	-4,614	-2,462	7,979	0
Hire Purchase and Lease Commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other long term liabilities	-64,964	-117,081	274,417	-5,990	-25,558	89,176	0	0	0	0	0	0	0	-37,542	37,542
share issue	0	0	0	0	0	0	0	0	0	0	0	0	0	0	2
interest	666	4,038	304	224	990	774	155	0	0	-11	-41	-209	-439	-259	0
cash flow from financing	-64,298	-113,043	274,721	-5,766	-24,568	89,950	155	0	0	-451	-504	-4,823	-2,901	-29,822	37,544
cash and cash equivalents
cash	-11,500	-322,051	73,652	85,400	98,892	-41,378	123,918	-51	51	-1,000	994	-8	0	8	6
overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
change in cash	-11,500	-322,051	73,652	85,400	98,892	-41,378	123,918	-51	51	-1,000	994	-8	0	8	6

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

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Perform a competitor analysis for apex fastening solutions ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in BT71 area or any other competitors across 12 key performance metrics.

APEX FASTENING SOLUTIONS LTD group structure

Apex Fastening Solutions Ltd has no subsidiary companies.

Ultimate parent company

APEX FASTENING SOLUTIONS LTD

NI060561

APEX FASTENING SOLUTIONS LTD Shareholders

shane nugent	50%
gary nellis	26%
natalie nellis	24%

Apex Fastening Solutions Ltd currently has 2 directors. The longest serving directors include Mr Gary Nellis (Aug 2006) and Mr Shane Nugent (Aug 2006).

officer	country	age	start	end	role
Mr Gary Nellis	United Kingdom	51 years	Aug 2006	-	Director
Mr Shane Nugent		49 years	Aug 2006	-	Director

P&L

September 2023

turnover

4.9m

+7%

operating profit

156.5k

gross margin

18.5%

+2.64%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

September 2023

net assets

1.8m

+0.07%

total assets

3.1m

-0.06%

cash

6.9k

-0.62%

net assets

Total assets minus all liabilities

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company number

NI060561

Type

Private limited with Share Capital

industry

47990 - Other retail sale not in stores, stalls or markets

incorporation date

August 2006

ultimate parent company

None

previous names

cumbrian investments limited (August 2006)

address

unit 3 127 ballynakilly road, dungannon, tyrone, BT71 6HE

A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.

We found 3 charges/mortgages relating to apex fastening solutions ltd. Currently there are 2 open charges and 1 have been satisfied in the past.

apex fastening solutions ltd Company Information

apex fastening solutions ltd Estimated Valuation

apex fastening solutions ltd Estimated Valuation

apex fastening solutions ltd Estimated Valuation

Apex Fastening Solutions Ltd Overview

Apex Fastening Solutions Ltd Health Check

APEX FASTENING SOLUTIONS LTD financials

apex fastening solutions ltd Credit Report and Business Information

Apex Fastening Solutions Ltd Competitor Analysis

apex fastening solutions ltd Ownership

apex fastening solutions ltd directors

apex fastening solutions ltd company details

apex fastening solutions ltd Charges & Mortgages

apex fastening solutions ltd Companies House Filings - See Documents