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Company No. 07671308 · Incorporated 15 Jun 2011

Apam Ltd

Registered name: APAM LTD

Part of Catella Ab group

Apam 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.

Full P&L filedSection L · Real estate activitiesSIC 68320Management of real estate on a fee or contract basis
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.

Latest accounts · year to 31 Dec 2023

Key figures

Revenue
£7.6m
Growth ▼4.2%
Profit
£740k
Growth ▼50.5%
Profit margin
9.8%
 
Employees
64
Change ▲10.3%
Profit / employee
£11.6k
Revenue/employee £118k
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 to31 Dec 202231 Dec 2023
DisclosureFull P&Lread from filing textFull 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)5864
Ratios
Profit margin18.9%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
SourceAccounts · bulk data Mar 2024Accounts · bulk data Mar 2024
Derived from the latest filing

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.
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
▲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.

Corporate ownership

Group structure

Ownership chain

  1. Catella Ab (registered outside the UK register)ultimate parent75–100%
  2. Apam Ltdthis company

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

Subsidiaries (4)

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

Same industry, similar size

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Industry benchmarks →

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.