api engineering (o&g) ltd
api engineering (o&g) ltd Company Information
Company Number
11318247
Next Accounts
Jan 2026
Industry
Other engineering activities (not including engineering design for industrial process and production or engineering related scientific and technical consulting activities)
Shareholders
api holdings limited
sarabandi sepideh
Group Structure
View All
Contact
Registered Address
44 rose lane, norwich, norfolk, NR1 1PN
Website
api-engineering.comapi engineering (o&g) ltd Estimated Valuation
Pomanda estimates the enterprise value of API ENGINEERING (O&G) LTD at £15.5k based on a Turnover of £37.2k and 0.42x industry multiple (adjusted for size and gross margin).
api engineering (o&g) ltd Estimated Valuation
Pomanda estimates the enterprise value of API ENGINEERING (O&G) LTD at £3.5k based on an EBITDA of £980 and a 3.61x industry multiple (adjusted for size and gross margin).
api engineering (o&g) ltd Estimated Valuation
Pomanda estimates the enterprise value of API ENGINEERING (O&G) LTD at £27.4k based on Net Assets of £9.9k and 2.76x industry multiple (adjusted for liquidity).
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Api Engineering (o&g) Ltd Overview
Api Engineering (o&g) Ltd is a live company located in norfolk, NR1 1PN with a Companies House number of 11318247. It operates in the other engineering activities sector, SIC Code 71129. Founded in April 2018, it's largest shareholder is api holdings limited with a 99.7% stake. Api Engineering (o&g) Ltd is a young, micro sized company, Pomanda has estimated its turnover at £37.2k with declining growth in recent years.
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Api Engineering (o&g) Ltd Health Check
Pomanda's financial health check has awarded Api Engineering (O&G) Ltd a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 7 areas for improvement. Company Health Check FAQs
0 Strong
1 Regular
7 Weak
Size
annual sales of £37.2k, make it smaller than the average company (£3.9m)
- Api Engineering (o&g) Ltd
£3.9m - Industry AVG
Growth
3 year (CAGR) sales growth of -46%, show it is growing at a slower rate (9.6%)
- Api Engineering (o&g) Ltd
9.6% - Industry AVG
Production
with a gross margin of 18.6%, this company has a higher cost of product (32.8%)
- Api Engineering (o&g) Ltd
32.8% - Industry AVG
Profitability
an operating margin of 2.6% make it less profitable than the average company (5.7%)
- Api Engineering (o&g) Ltd
5.7% - Industry AVG
Employees
with 1 employees, this is below the industry average (27)
- Api Engineering (o&g) Ltd
27 - Industry AVG
Pay Structure
on an average salary of £50.6k, the company has an equivalent pay structure (£50.6k)
- Api Engineering (o&g) Ltd
£50.6k - Industry AVG
Efficiency
resulting in sales per employee of £37.2k, this is less efficient (£126.3k)
- Api Engineering (o&g) Ltd
£126.3k - Industry AVG
Debtor Days
it gets paid by customers after 97 days, this is later than average (67 days)
- Api Engineering (o&g) Ltd
67 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Api Engineering (o&g) Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Api Engineering (o&g) Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Api Engineering (o&g) Ltd
- - Industry AVG
Debt Level
There is insufficient data available for this Key Performance Indicator!
- - Api Engineering (o&g) Ltd
- - Industry AVG
API ENGINEERING (O&G) LTD financials
Api Engineering (O&G) Ltd's latest turnover from April 2024 is estimated at £37.2 thousand and the company has net assets of £9.9 thousand. According to their latest financial statements, we estimate that Api Engineering (O&G) Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | |
|---|---|---|---|---|---|---|
| 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 | 1 | 1 | 3 | 2 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 7,240 | 135,672 |
| Trade Debtors | 9,917 | 41,462 | 78,961 | 44,899 | 36,781 | 109,247 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 2,370 | 544 |
| Cash | 0 | 0 | 0 | 0 | 61,779 | 8,054 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 9,917 | 41,462 | 78,961 | 44,899 | 108,170 | 253,517 |
| total assets | 9,917 | 41,462 | 78,961 | 44,899 | 108,170 | 253,517 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 32,280 | 94,545 | 134,054 | 3,462 | 23,895 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 158,410 | 254,751 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 19,865 | 774 |
| total current liabilities | 0 | 32,280 | 94,545 | 134,054 | 181,737 | 279,420 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 0 | 32,280 | 94,545 | 134,054 | 181,737 | 279,420 |
| net assets | 9,917 | 9,182 | -15,584 | -89,155 | -73,567 | -25,903 |
| total shareholders funds | 9,917 | 9,182 | -15,584 | -89,155 | -73,567 | -25,903 |
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||
| Stock | 0 | 0 | 0 | -7,240 | -128,432 | 135,672 |
| Debtors | -31,545 | -37,499 | 34,062 | 5,748 | -70,640 | 109,791 |
| Creditors | -32,280 | -62,265 | -39,509 | 130,592 | -20,433 | 23,895 |
| Accruals and Deferred Income | 0 | 0 | 0 | -19,865 | 19,091 | 774 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | -158,410 | -96,341 | 254,751 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | 0 | 0 | 0 | -61,779 | 53,725 | 8,054 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | -61,779 | 53,725 | 8,054 |
api engineering (o&g) ltd Credit Report and Business Information
Api Engineering (o&g) Ltd Competitor Analysis
Perform a competitor analysis for api engineering (o&g) ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in NR1 area or any other competitors across 12 key performance metrics.
api engineering (o&g) ltd Ownership
API ENGINEERING (O&G) LTD group structure
Api Engineering (O&G) Ltd has no subsidiary companies.
api engineering (o&g) ltd directors
Api Engineering (O&G) Ltd currently has 2 directors. The longest serving directors include Dr Michael Robinson (Jun 2020) and Mr Trevor Baggott (Jun 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Dr Michael Robinson | England | 61 years | Jun 2020 | - | Director |
| Mr Trevor Baggott | 71 years | Jun 2020 | - | Director |
P&L
April 2024turnover
37.2k
-72%
operating profit
980
0%
gross margin
18.7%
+5.51%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2024net assets
9.9k
+0.08%
total assets
9.9k
-0.76%
cash
0
0%
net assets
Total assets minus all liabilities
api engineering (o&g) ltd company details
company number
11318247
Type
Private limited with Share Capital
industry
71129 - Other engineering activities (not including engineering design for industrial process and production or engineering related scientific and technical consulting activities)
incorporation date
April 2018
age
6
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
April 2024
previous names
api electronics ltd (May 2018)
accountant
-
auditor
-
address
44 rose lane, norwich, norfolk, NR1 1PN
Bank
-
Legal Advisor
-
api engineering (o&g) ltd 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 engineering (o&g) ltd.
api engineering (o&g) ltd Companies House Filings - See Documents
| date | description | view/download |
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