The Firmwatch take
Api Software Limited (SC154934) currently shows: At risk signal detected, based on accounts to 31 January 2025; last refreshed 24 May 2026. Net liabilities of £4.3m — assets do not cover obligations.
Companies House source·Accounts to 31 Jan 2025·Refreshed 24 May 2026·Methodology and caveats
Firmwatch signals are generated from public filings and are not credit ratings or financial advice.
Incorporated
15 December 1994
31 years on the register
Sector
Information technology consultancy
SIC 62020
Size
Not classified
Net assets
−£4.3m
Bottom 10% in sector
Cash at bank
Not disclosed
Not required for this filing type
Latest filing
None yet
Insolvency risk
Elevated insolvency risk
The latest public accounts show financial pressure that should be reviewed before relying on the company as a customer, supplier or counterparty.
Negative net assets
Visible liabilities exceed visible assets in the extracted accounts.
Negative working capital
Short-term liabilities are higher than short-term assets in the public balance sheet.
Money
What the balance sheet says
Net assets
−£4.3m
Bottom 10% in sector · sector median £2k · 149,047 IT firms
Cash
Not disclosed
Working cap.
−£2.0m
Median £6k
Current ratio
—
Signals · 2
Negative net assets
The latest filed accounts show liabilities exceeding assets.
Negative working capital
Current liabilities exceed current assets in the extracted accounts.
Sector benchmark · Information Technology
How this company compares in 149,047 IT firms
Bottom 10% in sector — Api Software Limited shows −£4.3m in net assets. Sector median is £2k.
Sector medians are computed annually across all UK companies in this broad sector. Position is approximate — see the Money tab for the full balance sheet.
People
Who runs this company
- DA
DAVISON, Andrew Peter
director · since 2021
Registered office
Address intelligence
93 other companies use this address.
High-volume registered-office service. Many UK companies use these legitimately, but they are also a known hosting location for shell entities. Treat this as a flag, not a verdict.
Address pattern · G1 1RE
93 other UK companies registered at this postcode.
Active
85
Dissolved
0
Strike-off action
7
Firmwatch turns UK Companies House filings into plain-English company intelligence. Data is refreshed daily; signals are generated from public balance-sheet and filing patterns.