api tech ltd
api tech ltd Company Information
Company Number
11413186
Next Accounts
Dec 2024
Industry
Business and domestic software development
Shareholders
giovanni riga
matteo morandini
Group Structure
View All
Contact
Registered Address
first floor, telecom house, 125-135 preston road, brighton, east sussex, BN1 6AF
Website
-api tech ltd Estimated Valuation
Pomanda estimates the enterprise value of API TECH LTD at £39.2k based on a Turnover of £63.9k and 0.61x industry multiple (adjusted for size and gross margin).
api tech ltd Estimated Valuation
Pomanda estimates the enterprise value of API TECH LTD at £0 based on an EBITDA of £-718 and a 4.1x industry multiple (adjusted for size and gross margin).
api tech ltd Estimated Valuation
Pomanda estimates the enterprise value of API TECH LTD at £0 based on Net Assets of £-707 and 2.31x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Api Tech Ltd Overview
Api Tech Ltd is a dissolved company that was located in brighton, BN1 6AF with a Companies House number of 11413186. It operated in the business and domestic software development sector, SIC Code 62012. Founded in June 2018, it's largest shareholder was giovanni riga with a 50% stake. The last turnover for Api Tech Ltd was estimated at £63.9k.
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Api Tech Ltd Health Check
Pomanda's financial health check has awarded Api Tech Ltd a 1.5 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
1 Regular
6 Weak
Size
annual sales of £63.9k, make it smaller than the average company (£2m)
- Api Tech Ltd
£2m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Api Tech Ltd
- - Industry AVG
Production
with a gross margin of 42.9%, this company has a higher cost of product (72.4%)
- Api Tech Ltd
72.4% - Industry AVG
Profitability
an operating margin of -1.1% make it less profitable than the average company (5.4%)
- Api Tech Ltd
5.4% - Industry AVG
Employees
with 2 employees, this is below the industry average (25)
2 - Api Tech Ltd
25 - Industry AVG
Pay Structure
on an average salary of £56.7k, the company has an equivalent pay structure (£56.7k)
- Api Tech Ltd
£56.7k - Industry AVG
Efficiency
resulting in sales per employee of £31.9k, this is less efficient (£98.9k)
- Api Tech Ltd
£98.9k - Industry AVG
Debtor Days
it gets paid by customers after 50 days, this is earlier than average (64 days)
- Api Tech Ltd
64 days - Industry AVG
Creditor Days
its suppliers are paid after 95 days, this is slower than average (42 days)
- Api Tech Ltd
42 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Api Tech Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Api Tech Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 108%, this is a higher level of debt than the average (63%)
108% - Api Tech Ltd
63% - Industry AVG
API TECH LTD financials
Api Tech Ltd's latest turnover from March 2021 is estimated at £63.9 thousand and the company has net assets of -£707. According to their latest financial statements, Api Tech Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2021 | Jun 2020 | Jun 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 | 2 | 2 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2021 | Jun 2020 | Jun 2019 | |
|---|---|---|---|
| Tangible Assets | 0 | 232 | 332 |
| Intangible Assets | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 232 | 332 |
| Stock & work in progress | 0 | 0 | 0 |
| Trade Debtors | 8,809 | 9,281 | 10,468 |
| Group Debtors | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 |
| total current assets | 8,809 | 9,281 | 10,468 |
| total assets | 8,809 | 9,513 | 10,800 |
| Bank overdraft | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 |
| Trade Creditors | 9,516 | 9,502 | 10,659 |
| Group/Directors Accounts | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 |
| total current liabilities | 9,516 | 9,502 | 10,659 |
| loans | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 |
| total liabilities | 9,516 | 9,502 | 10,659 |
| net assets | -707 | 11 | 141 |
| total shareholders funds | -707 | 11 | 141 |
| Mar 2021 | Jun 2020 | Jun 2019 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | |||
| Amortisation | |||
| Tax | |||
| Stock | 0 | 0 | 0 |
| Debtors | -472 | -1,187 | 10,468 |
| Creditors | 14 | -1,157 | 10,659 |
| Accruals and Deferred Income | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 |
| Cash flow from operations | |||
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | 0 | 0 | 0 |
| cash flow from investments | |||
| Financing Activities | |||
| Bank loans | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 |
| share issue | |||
| interest | |||
| cash flow from financing | |||
| cash and cash equivalents | |||
| cash | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 |
api tech ltd Credit Report and Business Information
Api Tech Ltd Competitor Analysis
Perform a competitor analysis for api tech ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other undefined companies, companies in BN1 area or any other competitors across 12 key performance metrics.
api tech ltd Ownership
API TECH LTD group structure
Api Tech Ltd has no subsidiary companies.
Ultimate parent company
API TECH LTD
11413186
api tech ltd directors
Api Tech Ltd currently has 2 directors. The longest serving directors include Mr Matteo Morandini (Jun 2018) and Mr Giovanni Riga (Jun 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Matteo Morandini | England | 33 years | Jun 2018 | - | Director |
| Mr Giovanni Riga | England | 31 years | Jun 2018 | - | Director |
P&L
March 2021turnover
63.9k
-5%
operating profit
-718
0%
gross margin
43%
-0.48%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2021net assets
-707
-65.27%
total assets
8.8k
-0.07%
cash
0
0%
net assets
Total assets minus all liabilities
api tech ltd company details
company number
11413186
Type
Private limited with Share Capital
industry
62012 - Business and domestic software development
incorporation date
June 2018
age
6
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2021
previous names
N/A
accountant
-
auditor
-
address
first floor, telecom house, 125-135 preston road, brighton, east sussex, BN1 6AF
Bank
-
Legal Advisor
-
api tech 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 tech ltd.
api tech ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
