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Api Innovation Ltd

10917745

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

8 PENDEFORD PLACE, WOLVERHAMPTON, WV9 5HD
Incorporated 16/08/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities
62090
Other information technology service activities
70229
Management consultancy activities
85600
Educational support services

Officers

Mr Amit Paul Sharma

secretary · Since 16/08/2017

Also on 6 other boards

Mr Amit Paul Sharma

director · Since 16/08/2017

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 49

Also on 6 other boards

Persons with Significant Control

Mr Amit Paul Sharma

75–100% shares

British · England · Age 49

Bredon House, 321 Tettenhall Road, Wolverhampton, WV6 0JZ

Notified 16/08/2017

Former PSCs

Mr Paul Antony Harrison

Ceased 05/11/2020

CompanyRankvs 98493+ SIC 62020 peers
32

Financial strength3th percentile among SIC peers · 1/25
Employees36th percentile among SIC peers · 5/15
LiquidityCurrent ratio 0.18× · 2/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength1/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees5/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity9/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/08/2023

Net Worth

-£39k

Balance sheet strength

Cash

£39

Cash in the bank

Net Current Assets

-£12k

Working capital

Current Assets

£3k

Current Liabilities

£14k

Debtors

£3k

1avg. employees

Tax at Year End(2020)

VAT£2k

Director Loans

Directors owe company£576

Balance Sheet

Assets less current liabilities-£12k
Signed by Mr Amit Sharma 31st May 2024Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20230.18+£1k
20220.81-£2k
20211.01+£3k
20200.01-£936£34k
20190.07£34k
20180.11

Derived from filed accounts. Not audited figures.