APEX GLOBAL RESOURCES LTD

🌳Matureactive
SC237797 · ltd · incorporated 2002-10-07
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Why now
Window steady · low confidence
Steady and tidy — no seller pressure yet. Approach only if an angle opens.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
  • · Thesis: well-run, low negotiation leverage
What changed my view
Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
73/100
Strong
🔔
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What this business does
Primary activity: Temporary employment agency activities
Sector: Administrative & support services
Investor take
Pursue
Strong opportunity: active trading company with strong profile and acceptable with review structure.

Opportunity 73/100 (strong), bankability 67/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 5 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: strategic trade sale (63/100).

🏦

Refinance opportunity

5 live charges · 5 lenders · oldest 21.2y

35/100
too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

  • · Oldest live charge is 21.2 years old — likely at or near maturity.
  • · 5 lenders named — inter-creditor friction likely.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (55/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
5 charges (5/5 with lender, 5/5 with type)
90
Directors & officers
8 officers (3 active, 8 linked, 6 with DOB)
85
Ownership & PSC
3 active PSC(s) of 4 total, 4 with control declared
90
Director network
Network not yet resolved
30
Filing history
88 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
73/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
55
Some acquirability indicators.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
  • • 1 mortgage
Counts from Companies House filing history.
Corporate timeline (42 events)Click to expand
  1. 2026-02-05
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  2. 2026-01-23
    🔒
    Charge registered #5
    Lender: Allied Irish Banks, P.L.C.
  3. 2025-10-03
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  4. 2025-10-03
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  5. 2025-10-03
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  6. 2025-10-02
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  7. 2025-10-02
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  8. 2025-10-02
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  9. 2025-06-18
    📄
    accounts-with-accounts-type-small
    accounts · AA
  10. 2024-10-14
    📄
    accounts-with-accounts-type-small
    accounts · AA
  11. 2023-11-17
    📄
    accounts-amended-with-accounts-type-full
    accounts · AAMD
  12. 2023-11-14
    📄
    second-filing-of-confirmation-statement-with-made-up-date
    confirmation-statement · RP04CS01
  13. 2023-11-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2023-05-04
    📄
    accounts-with-accounts-type-full
    accounts · AA
  15. 2022-08-04
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  16. 2022-07-29
    📄
    second-filing-notification-of-a-person-with-significant-control
    persons-with-significant-control · RP04PSC01
  17. 2022-06-16
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  18. 2022-05-30
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  19. 2022-05-30
    🔒
    Charge registered #4
    Lender: Aib Commercial Finance Limited
  20. 2022-05-12
    📄
    change-account-reference-date-company-current-extended
    accounts · AA01
  21. 2022-05-05
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  22. 2022-05-05
    🔓
    Charge satisfied #3
  23. 2021-07-07
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  24. 2021-05-21
    ➕
    MCGRATH, Brian appointed
    secretary
  25. 2021-05-21
    ➕
    MCGRATH, Brian appointed
    director
  26. 2021-05-21
    ➕
    MCGRATH, Sean appointed
    director
  27. 2021-05-21
    ➖
    FLANNIGAN, Helen Clare resigned
    secretary
  28. 2021-05-21
    ➖
    BARCLAY, Clair Ann resigned
    director
  29. 2021-05-21
    ➖
    FLANNIGAN, Helen Clare resigned
    director
  30. 2021-05-21
    ➖
    FLANNIGAN, Thomas Laurie resigned
    director
  31. 2021-05-21
    ➖
    MACMILLAN, Helen Kathryn resigned
    director
  32. 2018-12-03
    ➕
    BARCLAY, Clair Ann appointed
    director
  33. 2018-12-03
    ➕
    MACMILLAN, Helen Kathryn appointed
    director
  34. 2010-02-02
    🔓
    Charge satisfied #2
  35. 2010-02-02
    🔓
    Charge satisfied #1
  36. 2009-02-14
    🔒
    Charge registered #3
    Lender: Clydesdale Bank PLC
  37. 2007-09-14
    🔒
    Charge registered #2
    Lender: Hsbc Bank PLC
  38. 2005-03-04
    🔒
    Charge registered #1
    Lender: Bibby Factors Scotland Limited
  39. 2004-08-01
    ➕
    FLANNIGAN, Helen Clare appointed
    director
  40. 2002-10-07
    🏢
    Company incorporated
    As APEX GLOBAL RESOURCES LTD
  41. 2002-10-07
    ➕
    FLANNIGAN, Helen Clare appointed
    secretary
  42. 2002-10-07
    ➕
    FLANNIGAN, Thomas Laurie appointed
    director

Owner dependency

66/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

46/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondaryStable-but-static management: Company is 24 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

1 med ·
Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Shareholders & ownership

3 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Maurice Mcgrath
Individual · Irish · DOB 03/1951 · age 75
25–50%
—25-50% shares31/12/2022
Mr Sean Mcgrath
Individual · Irish · DOB 06/1975 · age 51
25–50%
—25-50% shares28/06/2021
Mr Brian Mcgrath
Individual · Irish · DOB 11/1976 · age 50
25–50%
—25-50% shares21/05/2021
1 historic (ceased) PSC
  • Mr Thomas Laurie Flanniganceased 21/05/2021· 25-50% shares

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

6 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.

Available from the Pro tier upwards.

See pricing →
🔒Advanced scoring suite

Exit-route ranking, improvement thesis, quiet-distress detector, covenant-pressure proxy, extraction monitor, approaching triggers, ownership drift, local cluster, value trap, debt capacity, archetype classification — 48+ scoring modules.

Available from the Pro tier upwards.

See pricing →

Company details

Statusactive
Typeltd
Incorporated2002-10-07
Jurisdictionscotland
Primary SIC78200 — Temporary employment agency activities

Registered office

Standard Buildings (4th Floor) 94 Hope Street
C/O Macdonald Henderson
Glasgow
G2 6PH
Scotland

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-10-16
Last: 2025-10-02

Officers (3 active · 5 resigned)

MCGRATH, Brian→
secretary · appointed 2021-05-21
View their other companies + combined net worth →
Active
MCGRATH, Brian→
director · ~50y · appointed 2021-05-21
View their other companies + combined net worth →
Active
MCGRATH, Sean→
director · ~51y · appointed 2021-05-21
View their other companies + combined net worth →
Active
FLANNIGAN, Helen Clare→
secretary · appointed 2002-10-07 · resigned 2021-05-21
Resigned
BARCLAY, Clair Ann→
director · ~53y · appointed 2018-12-03 · resigned 2021-05-21
Resigned
FLANNIGAN, Helen Clare→
director · ~77y · appointed 2004-08-01 · resigned 2021-05-21
Resigned
FLANNIGAN, Thomas Laurie→
director · ~79y · appointed 2002-10-07 · resigned 2021-05-21
Resigned
MACMILLAN, Helen Kathryn→
director · ~42y · appointed 2018-12-03 · resigned 2021-05-21
Resigned

Click a director name to see their full track record across all companies.

Mortgages & charges

5
Total charges
2
Outstanding
2
Active lenders
Status:Lender:5 of 5 shown
TypeProperties
outstanding
Allied Irish Banks, P.L.C.
A registered charge—23/01/2026—
outstanding
Aib Commercial Finance
Aib Commercial Finance Limited
A registered charge—30/05/2022—
satisfied
Virgin Money
Clydesdale Bank PLC
Floating charge1 property14/02/200905/05/2022
satisfied
HSBC
Hsbc Bank PLC
Floating charge1 property14/09/200702/02/2010
satisfied
Bibby Financial Services
Bibby Factors Scotland Limited
Floating charge1 property04/03/200502/02/2010
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (88 total)

mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-02-05
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-10-03
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-10-03
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-10-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-02
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-10-02
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-10-02
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-10-02
accounts-with-accounts-type-small
accounts · AA
2025-06-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-15
accounts-with-accounts-type-small
accounts · AA
2024-10-14
accounts-amended-with-accounts-type-full
accounts · AAMD
2023-11-17
second-filing-of-confirmation-statement-with-made-up-date
confirmation-statement · RP04CS01
2023-11-14
confirmation-statement-with-updates
confirmation-statement · CS01
2023-11-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-08