API SOFTWARE LIMITED
Company number SC154934 · Active · Glasgow G1 1RE
API SOFTWARE LIMITED is an active private limited company (company number SC154934) incorporated on 15 December 1994, registered in Glasgow. Its registered activity is information technology consultancy activities (SIC 62020). Latest group accounts cover the period ending 31 January 2026, showing net assets of −£5.26m and cash of £6.50m, with 180 employees on average. Net assets fell 30% on the prior period (−£4.06m).
By net assets it sits in the bottom quarter of 1,106 comparable companies in Glasgow (median £5,321, upper quartile £38k).
Key dates
- Incorporated
- 15 December 1994
- Next accounts due
- 31 October 2027 — in 378 days
- Confirmation statement due
- 29 December 2026 — in 72 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
Activity
- SIC 62020
- Information technology consultancy activities
- Accounts type
- Group
- Size band
- Micro (Companies Act thresholds)
Financials — 3 periods on record, latest ending 31 January 2026
| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 31 January 2026 | −£5.26m | £6.50m | £9.27m | — | — | −£1.21m | 180 |
| 31 January 2025 | −£4.06m | £4.06m | £7.51m | — | — | −£1.01m | 161 |
| 31 January 2024 | — | — | — | — | — | — | — |
- Cash per employee
- £36k
Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing.
Firmoscan score: 44/100 (grade D)
- -15 Negative net assets — Net assets £-5,264,828 at 2026-01-31
- -8 Net assets falling — -29.7% vs prior period
- +4 Cash reserves — Cash £6,498,042
- +5 Multi-year filing history — 3 periods on record
- +8 Established — Incorporated 1994-12-15 (32 years)
A transparent, rules-based score from filed data only: every point lists its evidence. It is not a credit rating or advice.
Ownership and control
- Api Software Holdings Limited (corporate entity, United Kingdom) — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors · since 17 July 2026
- Mr George Urquhart — owns 25–50% of shares · since 6 April 2016 · ceased 25 February 2021
- Mr Steven Morosi — owns 25–50% of shares · since 6 April 2016 · ceased 25 February 2021
- Mr Gordon Mcharg — owns 25–50% of shares · since 6 April 2016 · ceased 25 February 2021
- Sep V Lp (corporate entity, Scotland) — owns 50–75% of shares; holds 50–75% of voting rights; can appoint or remove directors · since 25 February 2021 · ceased 17 July 2026
Persons with significant control hold 25% or more of shares or voting rights. Smaller shareholdings are only listed in confirmation-statement documents.
Similar companies in Glasgow
Same activity (information technology consultancy activities), closest in incorporation date.
- SAAB INTERNATIONAL LTD. — Glasgow, inc. Nov 1994
- INFOSCAPE LIMITED — , inc. Feb 1995
- CLOUD BASED DQ LTD — Glasgow, inc. Sept 1994
- ISYS COMPUTER SERVICES LIMITED — Renfrew, inc. Aug 1994
- P.J.M. SOFTWARE LIMITED — East Dunbartonshire, inc. May 1995
- LATERAL LINE CREATIVE SERVICES LIMITED — , inc. Apr 1994
Reminders for API SOFTWARE LIMITED
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.