APG SOLUTIONS EMEA LIMITED

1. APG SOLUTIONS EMEA LIMITED 2024-05-15 → present
2. CASH BASES GROUP LIMITED 2005-01-10 → 2024-05-15
3. DECKFLAT LIMITED 2004-06-01 → 2005-01-10

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 101

Reporting scope

Standalone (parent only)

Auditor

RSM UK Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The company owes fellow subsidiary undertakings £5,375,579. The directors have received a letter from the ultimate parent undertaking APG Cash Drawer LLC, confirming that it will provide continued support and will procure that no other subsidiary will demand repayment of intra group balances if to do so would result in the company being unable to pay its debts as they fall due for a period of at least 12 months from the approval of these financial statements. On this basis, the directors have adopted the going concern basis of accounting in preparing these financial statements.”

Group structure

1. APG SOLUTIONS EMEA LIMITED · parent
   1. Deckflat Limited 100% · United Kingdom · Not trading
   2. European Cash Drawers Ltd 100% · United Kingdom · Dormant
   3. Cash Bases Iberica SA 100% · Spain · Sales office
   4. APG Cash Drawer GmbH 100% · Germany · Sales office
   5. APG Cash Drawer SARL 100% · France · Sales office
   6. European Cash Drawers SA 100% · Spain · Dormant

Significant events

• “On 15 May 2024 the company changed its name from Cash Bases Group Limited to APG Solutions EMEA Limited (APG) as part of a group reorganisation.”
• “On 2 July 2024, except for specific select assets and liabilities, the trade and assets of the subsidiary company, Metal Box Technology Solutions Limited (formerly APG Cash Drawer Limited), were transferred to APG and APG became the new trading company within the EMEA region.”
• “Upon completion of this transfer, the company sold its shares in Metal Box Technology Solutions Limited.”
• “In late 2023, the APG group evaluated the global business operations and utilization of its production capacity. To reduce costs, the APG group initiated a reorganisation plan that is focused on consolidating production capabilities into one of the company's two plants.”
• “As part of the group reorganisation, the overseas subsidiaries of Metal Box Technology Solutions Limited were transferred to the company at cost of £71,473. The company also recorded a net distribution in specie of the other assets and liabilities of Metal Box Technology Solutions Limited of £667,856. The company subsequently disposed of its investment in its subsidiary undertaking Metal Box Technology Solutions Limited to its management team for proceeds of £1.”

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

Filings

4

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

1

last 12 months

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

• Turnover

  +22,785.3%

  £29,600 → £6,774,043

• Cash

  —

  Not reported

• Net assets

  -3.5%

  £4,280,535 → £4,129,991

• Employees

  +950%

  4 → 42

• Operating profit

  -1,194.5%

  £29,600 → -£323,970

• Profit before tax

  -1,274.4%

  £29,600 → -£347,608

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