Specialist Advisors Ltd, the City-based venture capitalist and management consultancy, has announced an astounding 3,000% increase in profits, reaching £754,470 for the financial year ending on March 31, 2023.
The corresponding net assets have also surged from £764,405 to £2,308,874, driven by long-term investments made by the company in UK SMEs (small to medium enterprises) back in 2020, which are now yielding impressive results.
This exponential growth further solidifies the company’s belief in the SME sector as a vital driver of the UK economy, a concept Specialist Advisors (SA) has coined as ‘The Engine of GrowthTM.’
During the trading year ending March 31, 2023, Specialist Advisors Ltd issued over 46,250,000 new ‘B’ shares, valued at £0.04 per share in private transactions, leading to a total valuation of the company at £12,160,000.
Continuing to raise capital through additional funding rounds, Specialist Advisors aims to expand its portfolio of aligned investments in the SME sector with the ultimate goal of achieving a stock market listing within the next five years.
The Directors have outlined three key developments for the upcoming 2023/24 trading year:
- A strategic partnership with the developers of the Chronos Strategy, an algorithmic trading system designed to generate high returns while ensuring capital protection. The strategy has undergone back-testing from 2021, and the results are currently being independently audited. It will be accessible through Chronos Trading Ltd, with the objective of managing £100m of institutional funds by December 2024, producing £20m in annual revenues and attaining a market cap of £100m based on a typical PE multiple of 5x for this business sector.
- An investment in Meat and Co Ventures following Specialist Advisors’ engagement as a management consultant and Corporate Advisor. SA successfully 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 anticipated turnover for the first year of trading is expected to be £2m, with exponential growth projected for 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 the Cap Spartel, near the King’s Palace in Tangiers, valued at £3m with an expected GDV of £7m, offering over 100% ROI.
Stuart Anderson, CEO of Specialist Advisors, expressed the company’s strategy, stating, “Our goal is to identify opportunities in the SME sector that hold the greatest growth potential. By building long-term value through a combination of equity interest and providing comprehensive management consultancy, we aim to support even more SMEs in transforming their ideas into commercial reality.”
