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Api Economy Ltd

11550464

active
Private Limited Company
england wales
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

342 LONDON ROAD, READING, RG6 1AR
Incorporated 04/09/2018

Compliance

Last accounts

30/09/2024

micro entity

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 03/09/2025

Due 17/09/2026

On track

Industry

62020
Information technology consultancy activities
62090
Other information technology service activities
63990
Other information service activities

Officers

Mr Prakash Jeya Prakash

director · Since 04/09/2018

COMPANY DIRECTOR

INDIAN · ENGLAND · Age 44

Also on 1 other board

Persons with Significant Control

Mrs Srividya Nambiar Koodali Thazhathu Veetil

25–50% shares

Indian · United Kingdom · Age 38

342, London Road, Reading, RG6 1AR

Notified 04/09/2018

Mr Prakash Jeya Prakash

25–50% shares

Indian · England · Age 44

342, London Road, Reading, RG6 1AR

Notified 26/04/2021

Former PSCs

Mr Prakash Jeya Prakash

Ceased 27/04/2020

CompanyRankvs 47570+ SIC 62020 peers
57

Financial strength45th percentile among SIC peers · 11/25
Employees73th percentile among SIC peers · 11/15
LiquidityCurrent ratio 1.03× · 12/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength11/25 pts

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

Employees11/15 pts

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

Liquidity12/20 pts

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

Longevity8/15 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 30/09/2024

Net Worth

£1k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£832

Working capital

Current Assets

£32k

Current Liabilities

£31k

Fixed Assets

£362

2avg. employees

Balance Sheet

Assets less current liabilities£1k
Prepared with Acting Office - Tax and Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20241.03
20230.75
20220.89-£17k
20211.04+£10k
20201.07-£6k
20191.05

Derived from filed accounts. Not audited figures.