Last Updated on: 22nd November 2023, 09:14 am
Specialist Advisors Ltd, the City-based venture capitalist and management consultancy, has announced an astounding 3,000% increase in profits, reaching £754,470 in the financial year ending 31 March 2023.
The company’s net assets have also seen a substantial surge, rising from £764,405 to £2,308,874. These impressive results are a result of the long-term investments made by the Company in UK SMEs (small to medium enterprises) in 2020, which are now yielding significant returns.
Specialist Advisors (SA) reaffirms its belief that the SME sector plays a pivotal role in driving the UK economy, terming it ‘The Engine of GrowthTM’.
During the trading year ended 31 March 2023, Specialist Advisors Ltd issued over 46,250,000 new ‘B’ shares, which have been consistently traded in private transactions at £0.04 per share, valuing the Company at £12,160,000.
Looking ahead, Specialist Advisors aims to continue raising capital through further funding rounds, with the objective of expanding its portfolio of aligned investments in the SME sector, ultimately leading to a stock market listing within five years.
The Directors have outlined three significant developments planned for the 2023/24 trading year:
- A partnership with the developers of the Chronos Strategy, an algorithmic trading system designed to generate high returns with capital protection. The strategy has undergone back-testing until 2021 to validate its results, which are currently undergoing independent auditing. The goal is to make the strategy available through Chronos Trading Ltd, with the aim of managing £100m of institutional funds by December 2024, generating £20m annual revenues and achieving a market cap of £100m on a typical PE multiple of 5x for this business sector.
- An investment in Meat and Co Ventures, following the Company’s engagement as a management consultant and Corporate Advisor. SA facilitated a partnership between the management of Meat and Co and a British-based meat wholesaler, creating a value chain from sourcing quality meat produce to delivering a seamless customer experience at the point of sale. The first year of trading is projected to have a turnover of £2m, with exponential growth in subsequent years.
- A stakeholding in a global property developer with an existing land bank of £200m GDV (gross development value) through an SPV, Sovereign Developments and Holdings Ltd. SA has secured the first development on Cap Spartel, near the Kings Palace in Tangiers, for £3m value with an expected GDV of £7m, yielding over 100% ROI.
Stuart Anderson, CEO of Specialist Advisors, expressed the company’s strategic approach, saying: “Our strategy is to seek out opportunities in the SME sector which we see as holding out the greatest growth potential. By building long-term value through a combination of equity interest and providing management consultancy in its broadest sense, we aim to support even more SMEs in developing their ideas and turning them into commercial reality.”
