Apam Ltd
Registered name: APAM LTD
Part of Catella Ab groupApam Ltd made £7.6m revenue and £740k profit in the year to 31 Dec 2023. read from filing text
Apam Ltd’s revenue fell 4% to £7.6m in the year to 31 Dec 2023, with £740k profit and 64 employees. The company is classified under “management of real estate on a fee or contract basis” and is based in Manchester; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Manchester, North West
- Age
- 15 yrs · since 2011
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 |
|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||
| Revenue (turnover) | £7.9m | £7.6m |
| Operating profit | £1.8m | £1m |
| Profit before tax | £1.8m | £1m |
| Profit after tax | £1.5m | £740k |
| Profit (best available) | £1.5m | £740k |
| Staff costs | £4.3m | £4.9m |
| Employees (average) | 58 | 64 |
| Ratios | ||
| Profit margin | 18.9% | 9.8% |
| Revenue per employee | £136k | £118k |
| Profit per employee | £25.8k | £11.6k |
| Growth (year on year) | ||
| Revenue growth | — | ▼4.2% |
| Profit growth | — | ▼50.5% |
| Headcount growth | — | ▲10.3% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £1.7m | £1.2m |
| Net assets | £5.2m | £5.7m |
| Fixed assets | £3.4m | £3.4m |
| Current assets | £3.3m | £3.4m |
| Debtors | £696k | £1.1m |
| Deferred income | £926k | £707k |
| Source | Accounts · bulk data Mar 2024 | Accounts · bulk data Mar 2024 |
How the business works
- Profit margin
- 9.8%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £118k
- Revenue ÷ average employees.
- Profit per employee
- £11.6k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 45.2%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 9.3%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 13.9%
- Money owed by customers. Low = customers pay quickly.
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
- ▲10%
- Now £5.7m
- Cash at bank
- ▼32%
- Now £1.2m
- Headcount
- ▲10%
- Now 64
- Deferred income
- ▼24%
- Now £707k
- Fixed assets
- ▲1%
- Now £3.4m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Catella Ab (registered outside the UK register)ultimate parent75–100%
- Apam Ltdthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (4)
- Alliance Property Asset Management LimitedFigures not disclosed
- Apam UK Property Services LtdFigures not disclosed
- Cacp Investments LLPFigures not disclosed
- Catella Apam Capital Partners LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
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- Revenue
- £7.5m
- Profit
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- Staff
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- Profit
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- Profit
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- BW Devco LimitedLondon · Management of real estate on a fee or contract basis
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- Ross & Liddell LimitedManagement of real estate on a fee or contract basis
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- Profit
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- Staff
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Sources
Latest figures from accounts for the year to 31 Dec 2023 (profit £740k), from the Companies House accounts bulk data published Mar 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.