CompanyTrack
A

API SOFTWARE LIMITED

Active Glasgow

Information technology consultancy activities

155 employees Website
Financial services Information technology consultancy activities
A

API SOFTWARE LIMITED

Information technology consultancy activities

Founded 15 Dec 1994 Active Glasgow, Scotland 155 employees autorek.com
Financial services Information technology consultancy activities
Accounts Submitted 15 Jul 2025
Confirmation Statement Submitted 16 Dec 2025
Net assets £-3.05M £2.76M 2023 year on year
Total assets £11.43M £3.63M 2023 year on year
Total Liabilities £14.47M £6.39M 2023 year on year
Charges 2
1 outstanding 1 satisfied

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Contact & Details

Registered Address

The Garment Factory 10 Montrose Street Glasgow G1 1RE Scotland

Office (London)

10 Devonshire Square, London EC2M 4AE

Credit Report

Discover API SOFTWARE LIMITED's Credit Score, limit, and payment likelihood.

Mutual Companies

Financials

Financials

Period 1 Jan → 31 Dec 2023
Type Total Exemption Full
Next accounts 31 December 2024
Due by 30 September 2025 9 months

Net Assets, Total Assets & Total Liabilities (2014–2023)

Cash in Bank

£1.83M

Increased by £770.25k (+72%)

Net Assets

-£3.05M

Decreased by £2.76M (-965%)

Total Liabilities

£14.47M

Increased by £6.39M (+79%)

Turnover

£16.05M

Increased by £2.80M (+21%)

Employees

155

Increased by 18 (+13%)

Debt Ratio

127%

Increased by 23 (+22%)

Financial History

Revenue, profit, EBITDA and key financial figures

2023
Dec Year End
2022
Dec Year End
P&L
Revenue
£142.3M
£128.7M
Gross Profit
£48.2M
£43.1M
Operating Profit
£22.4M
£19.8M
Net Profit
£18.1M
£15.9M
EBITDA
£31.5M
£28.2M
Assets
Cash
£24.7M
£21.3M
Total Assets
£89.4M
£82.1M
Liabilities
Total Liabilities
£45.2M
£41.8M
Key Metrics
Employees
1,247
1,156
Latest Revenue
£142.3M
Latest EBITDA
£31.5M
Cash Position
£24.7M

Funding

Fundraising & Grants

No fundraising or grants recorded

Investors (0)

No investor information available

Share Capital

Share Capital

Share allotments and capital structure

5 Allotments 111,378 Shares £112k Total
Date FromShare ClassShares AllottedAmount RaisedPrice/Share
29 Apr 202510,000£64k£6.41
4 Mar 20252,000£3k£1.57
8 Oct 202428,238£44k£1.57
20 Nov 202361,140£6.114£0
1 Dec 202210,000£1£0

Officers

Officers

8 active 7 resigned
Status
Andrew Peter DavisonDirectorBritishScotland5825 Feb 2021Active
Chris LiveseyDirectorBritishScotland561 Nov 2023Active
Dentons Secretaries LimitedCorporate-secretaryUnited KingdomUnknown1 Dec 2021Active
Gordon MchargDirectorBritishUnited Kingdom5815 Dec 1994Active
Jeremy Byron RocheDirectorBritishEngland6125 Oct 2021Active
Karen SlatfordDirectorBritishEngland6925 Oct 2021Active
Kenneth BainDirectorBritishUnited Kingdom5225 Feb 2021Active
Taylor RamptonDirectorBritishEngland3116 Jul 2024Active

Shareholders

Shareholders (31)

Steve Carlin
0.5%
5,00024 Dec 2024
Steve Mccrum
0.3%
3,50024 Dec 2024
Steven Morosi
0.0%
024 Dec 2024

Persons with Significant Control

Persons with Significant Control (1)

1 Active 3 Ceased

Sep V Lp

United Kingdom

Active
Notified 25 Feb 2021
Nature of Control
  • Ownership Of Shares 50 To 75 Percent
  • Voting Rights 50 To 75 Percent
  • Right To Appoint And Remove Directors

George Urquhart

Ceased 25 Feb 2021

Ceased

Steven Morosi

Ceased 25 Feb 2021

Ceased

Gordon Mcharg

Ceased 25 Feb 2021

Ceased

Group Structure

Group Structure

SEP V LP united kingdom appoint/remove person
SEP V GP LLP united kingdom voting rights 75 to 100 percent limited liability partnership
SEP V GENERAL PARTNER LIMITED united kingdom significant influence or control
SEP VENTURES LIMITED united kingdom shares 75 to 100 percent
API SOFTWARE LIMITED Current Company

Charges

Charges

1 outstanding 1 satisfied

Documents

Company Filings

DateCategoryDescriptionDocument
16 Dec 2025Confirmation StatementConfirmation statement made on 2025-12-15 with updatesView(6 pages)
15 Jul 2025CapitalCapital Return Purchase Own SharesView(4 pages)
15 Jul 2025AccountsAnnual accounts made up to 2025-01-31View(38 pages)
10 Jul 2025CapitalCapital Cancellation SharesView(8 pages)
8 Jul 2025InsolvencySolvency Statement dated 30/06/25View(2 pages)
16 Dec 2025 Confirmation Statement

Confirmation statement made on 2025-12-15 with updates

15 Jul 2025 Capital

Capital Return Purchase Own Shares

15 Jul 2025 Accounts

Annual accounts made up to 2025-01-31

10 Jul 2025 Capital

Capital Cancellation Shares

8 Jul 2025 Insolvency

Solvency Statement dated 30/06/25

Recent Activity

Latest Activity

Confirmation statement made on 2025-12-15 with updates

2 months ago on 16 Dec 2025

Capital Return Purchase Own Shares

7 months ago on 15 Jul 2025

Annual accounts made up to 2025-01-31

7 months ago on 15 Jul 2025

Capital Cancellation Shares

7 months ago on 10 Jul 2025

Solvency Statement dated 30/06/25

7 months ago on 8 Jul 2025