Anexo Group plc
Anexo is a specialist integrated credit hire and legal services group focused on providing replacement vehicles to consumers involved in a non-fault accident. Its clients are typically impecunious and do not have options to access a replacement vehicle, which allows the group to charge credit hire rather than spot hire rates, recovering these charges from the at-fault insurer. It has a highly experienced management team with experience in both credit hire and legal services. The group's specialist credit hire and initial claims management business, EDGE, offers a complete solution for non-fault motorists. Its legal services business, Bond Turner, conducts the processing of the claim against at-fault motorists and their insurers, and secures settlement. It also has an in-house advocacy and specialist litigation team.
Anexo Group has established itself as a provider of an end-to-end litigated claims service to predominantly impecunious non-fault motorists. It provides replacement vehicles - either from its own fleet or leased - and associated legal services. Thorough vetting of potential claims backs a high pre-court settlement rate. Targeting measured growth in credit hire while recruiting more high-quality litigators, Anexo is increasing its capacity to settle cases and improve cash generation. Anexo's in-house advocacy team is currently involved in the VW emissions case, which remains a potentially significant positive impact on revenue and profits. By executing on its growth strategy and managing that balance between new business generation and cash collection from existing cases, we expect Anexo to produce strong earnings growth and cash generation.
Ahead of today’s AGM, Anexo has issued a confident trading statement covering the first four months of FY22. […]
Anexo has announced a strong set of results for FY21. Revenue of £118.2m was 8% above our forecast […]
Following a strong January trading update and forecast upgrades, Anexo has issued a confident trading statement ahead of […]
Anexo, the specialist integrated credit hire and legal services provider, has released a very upbeat 2021 trading statement, […]
Anexo Group plc has this morning announced the creation of a specialist Housing Disrepair Team (HDR) within Bond […]
Anexo, a specialist integrated credit hire and legal services provider, has today announced a significant agreement with UK-based […]
The interim results and the commentary that accompanies the numbers make it clear that there are significant growth […]
Anexo’s recent FY 2020 results reflected a year in which the Group demonstrated its resilience in an operating […]
Anexo’s trading update for the year to the end of December 2020 rounds up a resilient performance from […]
Anexo has announced that private equity firm DBAY Advisors (DBAY) is to acquire a 29% stake in the […]
Anexo’s interim results show a solid performance in a period affected by COVID-19, in our view. While revenue […]
Company Management Team
Alan Sellers was called to the Bar in 1991 at the Gray's Inn Bar and is currently practising from the Liverpool Civil Law Chambers. Alan is an expert in civil litigation, personal injury and credit hire claims and clinical and professional negligence, and he is recognised as a leading figure in these fields. Mr Sellers was one of the founders of the business and has been instrumental in forming Anexo Group plc as it operates today. On admission, Mr Sellers will continue to practise as one of Anexo's in-house team of barristers.
Chief Financial Officer
Mark Bringloe is a Chartered Accountant having previously worked at Ernst & Young, Robson Rhodes and BDO. Mark was Director in BDO's Corporate Finance team prior to working as a consultant. Mark joined Anexo in 2009 before joining the Board in 2009 as Chief Operating Officer.