api (northwest) limited Company Information
Company Number
04388377
Next Accounts
Mar 2025
Industry
Renting and operating of Housing Association real estate
Shareholders
michael luke armstrong
david armstrong
Group Structure
View All
Contact
Registered Address
hamill house, 112-116 chorley new road, bolton, lancashire, BL1 4DH
Website
-api (northwest) limited Estimated Valuation
Pomanda estimates the enterprise value of API (NORTHWEST) LIMITED at £1.7m based on a Turnover of £378.5k and 4.37x industry multiple (adjusted for size and gross margin).
api (northwest) limited Estimated Valuation
Pomanda estimates the enterprise value of API (NORTHWEST) LIMITED at £1.1m based on an EBITDA of £133.1k and a 8.03x industry multiple (adjusted for size and gross margin).
api (northwest) limited Estimated Valuation
Pomanda estimates the enterprise value of API (NORTHWEST) LIMITED at £771.9k based on Net Assets of £431k and 1.79x industry multiple (adjusted for liquidity).
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Api (northwest) Limited Overview
Api (northwest) Limited is a live company located in bolton, BL1 4DH with a Companies House number of 04388377. It operates in the renting and operating of housing association real estate sector, SIC Code 68201. Founded in March 2002, it's largest shareholder is michael luke armstrong with a 51% stake. Api (northwest) Limited is a mature, micro sized company, Pomanda has estimated its turnover at £378.5k with healthy growth in recent years.
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Api (northwest) Limited Health Check
Pomanda's financial health check has awarded Api (Northwest) Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
6 Weak
Size
annual sales of £378.5k, make it smaller than the average company (£1.5m)
- Api (northwest) Limited
£1.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 6%, show it is growing at a faster rate (2.2%)
- Api (northwest) Limited
2.2% - Industry AVG
Production
with a gross margin of 57.6%, this company has a comparable cost of product (57.6%)
- Api (northwest) Limited
57.6% - Industry AVG
Profitability
an operating margin of 35.1% make it more profitable than the average company (14.1%)
- Api (northwest) Limited
14.1% - Industry AVG
Employees
with 3 employees, this is below the industry average (7)
- Api (northwest) Limited
7 - Industry AVG
Pay Structure
on an average salary of £35.3k, the company has an equivalent pay structure (£35.3k)
- Api (northwest) Limited
£35.3k - Industry AVG
Efficiency
resulting in sales per employee of £126.2k, this is less efficient (£150.4k)
- Api (northwest) Limited
£150.4k - Industry AVG
Debtor Days
it gets paid by customers after 24 days, this is later than average (18 days)
- Api (northwest) Limited
18 days - Industry AVG
Creditor Days
its suppliers are paid after 26 days, this is quicker than average (30 days)
- Api (northwest) Limited
30 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Api (northwest) Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 26 weeks, this is average cash available to meet short term requirements (24 weeks)
26 weeks - Api (northwest) Limited
24 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 68.8%, this is a higher level of debt than the average (59.8%)
68.8% - Api (northwest) Limited
59.8% - Industry AVG
API (NORTHWEST) LIMITED financials
Api (Northwest) Limited's latest turnover from June 2023 is estimated at £378.5 thousand and the company has net assets of £431 thousand. According to their latest financial statements, we estimate that Api (Northwest) Limited has 3 employees and maintains cash reserves of £55.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | ||||||||||||||
Other Income Or Grants | ||||||||||||||
Cost Of Sales | ||||||||||||||
Gross Profit | ||||||||||||||
Admin Expenses | ||||||||||||||
Operating Profit | ||||||||||||||
Interest Payable | ||||||||||||||
Interest Receivable | ||||||||||||||
Pre-Tax Profit | ||||||||||||||
Tax | ||||||||||||||
Profit After Tax | ||||||||||||||
Dividends Paid | ||||||||||||||
Retained Profit | ||||||||||||||
Employee Costs | ||||||||||||||
Number Of Employees | ||||||||||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 1,076 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,300,000 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 1,272,500 | 1,272,500 | 1,250,000 | 1,250,000 | 1,250,000 | 1,250,000 | 1,250,000 | 1,250,000 | 1,250,000 | 1,250,000 | 1,250,000 | 2,300,000 | 2,300,000 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 26,579 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 1,273,576 | 1,272,500 | 1,250,000 | 1,250,000 | 1,250,000 | 1,250,000 | 1,250,000 | 1,276,579 | 1,250,000 | 1,250,000 | 1,250,000 | 2,300,000 | 2,300,000 | 2,300,000 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 25,013 | 24,016 | 32,619 | 19,076 | 0 | 0 | 0 | 0 | 9,029 | 7,098 | 3,233 | 45,393 | 3,352 | 13,500 |
Group Debtors | 24,869 | 24,869 | 0 | 0 | 0 | 7,856 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 3,510 | 3,319 | 53,865 | 2,720 | 5,809 | 3,756 | 534 | 544 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 55,142 | 27,597 | 7,009 | 13,316 | 21,077 | 16,322 | 8,167 | 4,639 | 1,743 | 451 | 49,972 | 18,812 | 73,517 | 65,012 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 108,534 | 79,801 | 93,493 | 35,112 | 26,886 | 27,934 | 8,701 | 5,183 | 10,772 | 7,549 | 53,205 | 64,205 | 76,869 | 78,512 |
total assets | 1,382,110 | 1,352,301 | 1,343,493 | 1,285,112 | 1,276,886 | 1,277,934 | 1,258,701 | 1,281,762 | 1,260,772 | 1,257,549 | 1,303,205 | 2,364,205 | 2,376,869 | 2,378,512 |
Bank overdraft | 7,400 | 7,400 | 5,550 | 0 | 0 | 0 | 0 | 104,275 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 11,799 | 3,384 | 21,615 | 3,072 | 0 | 0 | 0 | 150 | 197,575 | 167,598 | 185,250 | 194,146 | 200,088 | 1,281,218 |
Group/Directors Accounts | 20,000 | 20,000 | 25,131 | 25,131 | 40,131 | 20,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 69,434 | 50,515 | 33,634 | 42,453 | 28,206 | 89,640 | 100,463 | 72,843 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 108,633 | 81,299 | 85,930 | 70,656 | 68,337 | 109,640 | 100,463 | 177,268 | 197,575 | 167,598 | 185,250 | 194,146 | 200,088 | 1,281,218 |
loans | 842,469 | 869,906 | 867,269 | 835,819 | 835,819 | 759,891 | 760,749 | 684,255 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 636,336 | 644,515 | 734,879 | 861,302 | 962,241 | 0 |
provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 842,469 | 869,906 | 867,269 | 835,819 | 835,819 | 759,891 | 760,749 | 684,255 | 636,336 | 644,515 | 734,879 | 861,302 | 962,241 | 0 |
total liabilities | 951,102 | 951,205 | 953,199 | 906,475 | 904,156 | 869,531 | 861,212 | 861,523 | 833,911 | 812,113 | 920,129 | 1,055,448 | 1,162,329 | 1,281,218 |
net assets | 431,008 | 401,096 | 390,294 | 378,637 | 372,730 | 408,403 | 397,489 | 420,239 | 426,861 | 445,436 | 383,076 | 1,308,757 | 1,214,540 | 1,097,294 |
total shareholders funds | 431,008 | 401,096 | 390,294 | 378,637 | 372,730 | 408,403 | 397,489 | 420,239 | 426,861 | 445,436 | 383,076 | 1,308,757 | 1,214,540 | 1,097,294 |
Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||||||||
Operating Profit | ||||||||||||||
Depreciation | 248 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | ||||||||||||||
Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors | 1,188 | -34,280 | 64,688 | 15,987 | -5,803 | 11,078 | -26,589 | 18,094 | 1,931 | 3,865 | -42,160 | 42,041 | -10,148 | 13,500 |
Creditors | 8,415 | -18,231 | 18,543 | 3,072 | 0 | 0 | -150 | -197,425 | 29,977 | -17,652 | -8,896 | -5,942 | -1,081,130 | 1,281,218 |
Accruals and Deferred Income | 18,919 | 16,881 | -8,819 | 14,247 | -61,434 | -10,823 | 27,620 | 72,843 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | ||||||||||||||
Investing Activities | ||||||||||||||
capital expenditure | ||||||||||||||
Change in Investments | 0 | 22,500 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1,050,000 | 0 | 2,300,000 | 0 |
cash flow from investments | ||||||||||||||
Financing Activities | ||||||||||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | -5,131 | 0 | -15,000 | 20,131 | 20,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | -27,437 | 2,637 | 31,450 | 0 | 75,928 | -858 | 76,494 | 684,255 | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -636,336 | -8,179 | -90,364 | -126,423 | -100,939 | 962,241 | 0 |
share issue | ||||||||||||||
interest | ||||||||||||||
cash flow from financing | ||||||||||||||
cash and cash equivalents | ||||||||||||||
cash | 27,545 | 20,588 | -6,307 | -7,761 | 4,755 | 8,155 | 3,528 | 2,896 | 1,292 | -49,521 | 31,160 | -54,705 | 8,505 | 65,012 |
overdraft | 0 | 1,850 | 5,550 | 0 | 0 | 0 | -104,275 | 104,275 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 27,545 | 18,738 | -11,857 | -7,761 | 4,755 | 8,155 | 107,803 | -101,379 | 1,292 | -49,521 | 31,160 | -54,705 | 8,505 | 65,012 |
api (northwest) limited Credit Report and Business Information
Api (northwest) Limited Competitor Analysis
Perform a competitor analysis for api (northwest) limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in BL1 area or any other competitors across 12 key performance metrics.
api (northwest) limited Ownership
API (NORTHWEST) LIMITED group structure
Api (Northwest) Limited has no subsidiary companies.
Ultimate parent company
API (NORTHWEST) LIMITED
04388377
api (northwest) limited directors
Api (Northwest) Limited currently has 2 directors. The longest serving directors include Mr Michael Armstrong (Mar 2002) and Mr David Armstrong (Mar 2002).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Michael Armstrong | England | 77 years | Mar 2002 | - | Director |
Mr David Armstrong | England | 50 years | Mar 2002 | - | Director |
P&L
June 2023turnover
378.5k
+18%
operating profit
132.8k
0%
gross margin
57.6%
+0.41%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
431k
+0.07%
total assets
1.4m
+0.02%
cash
55.1k
+1%
net assets
Total assets minus all liabilities
api (northwest) limited company details
company number
04388377
Type
Private limited with Share Capital
industry
68201 - Renting and operating of Housing Association real estate
incorporation date
March 2002
age
22
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
June 2023
previous names
N/A
accountant
FAIRHURST
auditor
-
address
hamill house, 112-116 chorley new road, bolton, lancashire, BL1 4DH
Bank
-
Legal Advisor
-
api (northwest) limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We did not find charges/mortgages relating to api (northwest) limited.
api (northwest) limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
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api (northwest) limited Companies House Filings - See Documents
date | description | view/download |
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