Api Equity Limited
02563067
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 28/11/1992
DIRECTOR
BRITISH · UNITED KINGDOM · Age 72
Also on 4 other boards
director · Since 15/08/2013
DIRECTOR
BRITISH · UNITED KINGDOM · Age 54
Also on 5 other boards
director · Since 08/11/2016
DIRECTOR
BRITISH · UNITED KINGDOM · Age 53
Also on 2 other boards
Persons with Significant Control
Action Properties (North West) Limited
C/O Api Equity, Sherlock House, Old Road, Stockport, SK4 1TD
Reg: 06493076 · Companies House · Private Company
Notified 06/04/2016
Charges0 outstanding
NATIONAL WESTMINSTER BANK PLC
NATIONAL WESTMINSTER BANK PLC
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NATIONAL WESTMINSTER BANK PLC
NATIONAL WESTMINSTER BANK PLC
NATIONAL WESTMINSTER BANK PLC
NATIONAL WESTMINSTER BANK PLC
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RAYMOND JENNINGS AND STEPHEN BARRATT AND RICHARD DONALD MOSELEY
THE ROYAL BANK OF SCOTLAND PLC
CompanyRankvs 844+ SIC 96090 peers78
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Going concern doubt: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co
Key FinancialsYear ending 26/11/2024
Net Worth
£19.5M
Balance sheet strength
Cash
£13.9M
Cash in the bank
Profit Before Tax
£16.0M
Bottom line earnings
Net Current Assets
£16.2M
Working capital
Current Assets
£16.8M
Current Liabilities
£620k
Fixed Assets
£3.5M
Debtors
£2.8M
Admin Expenses
£368k
Operating Profit
£13.3M
Profit After Tax
£15.9M
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 27.04 | +£15.9M |
| 2023 | 2.29 | +£154k |
| 2022 | 5.50 | +£688k |
| 2021 | 2.41 | +£766k |
| 2020 | 1.22 | -£552k |
| 2019 | 2.12 | +£103k |
| 2018 | 4.40 | — |
Derived from filed accounts. Not audited figures.