Specialist Advisors Ltd, a City-based venture capitalist and management consultancy, has announced a staggering 3,000% increase in profits, reaching £754,470 in the financial year ending on March 31, 2023.
Net assets have also seen substantial growth, rising from £764,405 to £2,308,874. These impressive results are attributed to long-term investments made by the company in UK SMEs (small to medium enterprises) in 2020, which are now yielding significant returns.
The success reaffirms Specialist Advisors’ belief that the SME sector plays a pivotal role in driving the UK economy, a concept they refer to as ‘The Engine of GrowthTM.’
During the trading year ending on March 31, 2023, Specialist Advisors Ltd issued over 46,250,000 new ‘B’ shares, which have consistently been traded in private transactions at £0.04 per share, valuing the company at £12,160,000.
Specialist Advisors continues to raise capital through additional funding rounds, with the objective of expanding its portfolio of aligned investments in the SME sector, ultimately leading to a stock market listing within the next five years.
The company’s Directors have outlined three key developments for the upcoming 2023/24 trading year:
- A partnership with the developers of the Chronos Strategy, an algorithmic trading system designed to generate high returns while safeguarding capital. The strategy has undergone back-testing up to 2021 to validate its results, which are being independently audited. Chronos Trading Ltd will offer the strategy with the aim of managing £100m of institutional funds by December 2024, generating £20m in annual revenues and achieving a market cap of £100m with a typical PE multiple of 5x for this sector.
- An investment in Meat and Co Ventures, following Specialist Advisors’ engagement as a management consultant and Corporate Advisor. The company facilitated a partnership between Meat and Co’s management 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. Anticipated turnover in the first year of trading is expected to reach £2m, with exponential growth in subsequent years.
- A stakeholding in a global property developer through an SPV (Special Purpose Vehicle), Sovereign Developments and Holdings Ltd. The developer has an existing land bank valued at £200m GDV (gross development value). Specialist Advisors secured the first development on Cap Spartel, near the King’s Palace in Tangiers, with a value of £3m and an expected GDV of £7m, yielding over 100% ROI.
Stuart Anderson, CEO of Specialist Advisors, expressed enthusiasm for their strategy, stating, “Our focus is on identifying opportunities in the SME sector that offer 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 developing their ideas and turning them into commercial reality.”