APEM LIMITED

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

BDO LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Cash flow and profitability forecasts prepared by the Directors show that the company will generate future positive cash flows. The Company has sufficient cash reserves and committed sales to generate positive future cash flows and repay its debts as they become due.”

Group structure

1. APEM LIMITED · parent
   1. APEM Inc. 100% · US
   2. APEM Group Pty Limited 100% · Australia
   3. Aspect Ecology Limited 100% · UK
   4. Attexo Group Pty Ltd 100% · Australia
   5. Biosis Pty Limited 100% · Australia
   6. Goshawk Newco 2 Limited 100% · UK
   7. Nash Maritime Limited 100% · UK
   8. Vegetation Link Pty Limited 80% · Australia

Significant events

• “On 12 June 2024, APEM Group Pty Ltd purchased the entire share capital of Biosis Pty Ltd ("Biosis") and its 80% owned subsidiary, Vegetation Link Pty Ltd, a company incorporated and registered in Australia.”
• “On 17 September 2024, APEM Group Pty Ltd purchased the entire share capital of Attexo Group Pty Ltd, ("Attexo") a company incorporated and registered in Australia.”
• “In financial year 2024, APEM Group Limited entered into an incremental financing agreement with Tikehau to provide additional debt package of £50m under an incremental facility.”
• “On 11 March 2025, the Group undertook a reorganisation involving the insertion of 2 new holding companies, APEM Midco Limited and APEM Bidco Limited, between APEM Group Limited and its former directly held subsidiaries. APEM Group Limited remains the ultimate parent.”
• “On 22 April 2025, the Group entered into a new financing arrangement with Ares Management Limited ("Ares") to provide a total committed debt package of £157m comprising the Unitranche loan which enabled the repayment of previous Tikehau loans (£107m), an Acquisition Facility (£50m), and a Revolving Credit Facility with Clydesdale Bank Plc (£10m).”
• “On 28 April 2025, APEM Group Pty Ltd acquired a 100% interest in AARC Pty Ltd.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

8

last 12 months

Capital events

1

last 24 months

Officers appointed

0

last 12 months

Officers resigned

2

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  -7.5%

  £33,756,000 → £31,220,000

• Cash

  -90.8%

  £1,507,000 → £139,000

• Net assets

  +3.5%

  £9,674,000 → £10,012,000

• Employees

  -7.4%

  434 → 402

• Operating profit

  -92.9%

  £4,039,000 → £288,000

• Profit before tax

  -91%

  £3,998,000 → £358,000

• Wages

  +2.3%

  £15,051,000 → £15,397,000

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers