Apex Resources(uk) Ltd

Apex Resources (UK) Ltd, based in Dewsbury, UK, is a small, active company founded six years ago. With a single employee and £240,162 in assets, it operates from a real address and is led by a solo founder who also serves as director and owner. The company boasts a strong 4.0 Google rating from 289 reviews, reflecting positive customer experiences. Apex Resources is a regular importer, specializing in furniture, lighting, and prefabricated buildings—with ten months of import activity recorded, the latest in January 2024.

The company’s website highlights its role as a construction and industrial recruitment specialist. It emphasizes a 24/7 contact service, staff with site experience, and a commitment to quality. Testimonials from project managers and directors praise Apex’s reliability, responsiveness, and ability to supply high-caliber tradespeople at competitive rates. The website also details a nationwide presence with offices across the UK, aiming to be the UK’s No. 1 recruitment company. Apex uses a production software called VT Final Accounts.

Financially, Apex Resources shows a mixed picture. Current assets have increased by 46% to £240,000, while cash bank on hand has plummeted a significant 89% to just £10,000. Trade debtors have ballooned by 420% to £230,000, suggesting a potential reliance on customer payments, and creditors have increased by 58% to £140,000. Equity has grown by 30% to £96,000, but other creditors have increased by a whopping 1300% to £81,000. The company meets two of the three criteria to be classified as a small company, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. With no auditor mentioned, the figures are unaudited.

Overall, Apex Resources appears to be growing its asset base and customer base, but the dramatic increase in trade debtors and other creditors suggests a need to manage cash flow more effectively. The company’s success hinges on maintaining its reputation for quality and reliability within the construction industry, and on converting those outstanding debts into cash.

Registered in England/Wales under the registration number 11794241, with a registered address at WF12 8AT, England, Dewsbury, West Yorkshire, C/O Sah Associates, 40 Wakefield Road.

WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
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