How much does Apex Fundrock Limited make?

Apex Fundrock Limited reported revenue of £13.6m and £401k profit in the year to 30 Apr 2023, according to its accounts filed at Companies House.

How many employees does Apex Fundrock Limited have?

Apex Fundrock Limited reported an average of 15 employees in the year to 30 Apr 2023.

Is Apex Fundrock Limited profitable?

Yes — Apex Fundrock Limited reported a profit of £401k in the year to 30 Apr 2023.

Company No. 06252939 · Incorporated 18 May 2007

Apex Fundrock Limited

Registered name: APEX FUNDROCK LIMITED

Part of Apex Consolidation Entity Ltd group

Apex Fundrock Limited made £13.6m revenue and £401k profit in the year to 30 Apr 2023.

Apex Fundrock Limited’s revenue grew 7% to £13.6m in the year to 30 Apr 2023, with £401k profit and 15 employees. The company is classified under “other business support service activities” and is based in Chelmsford; we hold 2 years of its filed accounts.

Full P&L filedSection N · Administrative and support servicesSIC 82990Other business support service activities n.e.c.

Status: Active
Location: Chelmsford, East of England
Age: 19 yrs · since 2007
Type: Private Limited Company

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.

Latest accounts · year to 30 Apr 2023

Key figures

Capital-lightOperating leverage

Revenue

£13.6m

Growth ▲7.2%

Profit

£401k

Growth ▲12%

Profit margin

2.9%

Gross 3.7%

Employees

Change 0%

Profit / employee

£26.7k

Revenue/employee £908k

Profitable streak

2yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	30 Apr 2022	30 Apr 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£12.7m	£13.6m
Cost of sales	£12.3m	£13.1m
Gross profit	£412k	£500k
Operating profit	£412k	£500k
Profit before tax	£414k	£500k
Profit after tax	£358k	£401k
Profit (best available)	£358k	£401k
Employees (average)	15	15
Ratios
Profit margin	2.8%	2.9%
Gross margin	3.2%	3.7%
Revenue per employee	£847k	£908k
Profit per employee	£23.8k	£26.7k
Growth (year on year)
Revenue growth	—	▲7.2%
Profit growth	—	▲12%
Headcount growth	—	0%
Balance sheet — indirect signals, not revenue
Cash at bank	£4.8m	£7.1m
Net assets	£4.8m	£5.7m
Fixed assets	£36.2k	£30.6k
Current assets	£8.2m	£9.6m
Debtors	£3m	£2.3m
Deferred income	£252k	£440k
Source	FullAccounts · bulk data Jan 2024	FullAccounts · bulk data Jan 2024

Derived from the latest filing

How the business works

Profit margin: 2.9%; Profit ÷ revenue.
Gross margin: 3.7%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £908k; Revenue ÷ average employees.
Profit per employee: £26.7k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0.2%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 3.2%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 17.1%; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets: ▲17%; Now £5.7m
Cash at bank: ▲48%; Now £7.1m
Headcount: 0%; Now 15
Deferred income: ▲74%; Now £440k
Fixed assets: ▼15%; Now £30.6k

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

Apex Consolidation Entity Ltdultimate parent75–100%
Apex Fundrock Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (18)

Apex Annet Technologies LimitedFigures not disclosed
Apex Corporate and Business Services UK (NO.2) LimitedFigures not disclosed
Apex Corporate Trustees (UK) LimitedFigures not disclosed
Apex Cost Pooling (UK) LimitedFigures not disclosed
Apex Custodian Monitoring Services LimitedFigures not disclosed
Apex Depositary (UK) LimitedFigures not disclosed
Apex Fund and Corporate Services (UK) LimitedFigures not disclosed
Apex Group Company Services (UK) LimitedFigures not disclosed
Apex Investment Advisers LimitedFigures not disclosed
Apex Strategic Marketing Partners LimitedFigures not disclosed
Apex Trustee Services LimitedFigures not disclosed
Apex US Holdings LtdFigures not disclosed
Apex Ventures Fund Services LimitedFigures not disclosed
BSP European Special Situations III (Holdco) LimitedFigures not disclosed
Hodgetts Farming LimitedFigures not disclosed
Holtara (UK) LimitedFigures not disclosed
Investor Administration Solutions LimitedFigures not disclosed
Senasen Group LtdFigures not disclosed

From the Persons with Significant Control register (corporate controllers only).

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 30 Apr 2023 (profit £401k), from the Companies House accounts bulk data published Jan 2024. Spotted an error? Request a correction.

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.