# API TECHNICAL LTD (SC611491)

> API TECHNICAL LTD is an active private limited company (company number SC611491) incorporated on 22 October 2018, registered in Hamilton. Its registered activity is plumbing, heat and air-conditioning installation (SIC 43220). Latest small accounts cover the period ending 30 April 2025, showing net assets of −£3,975 and cash of £5,175, with 1 employee on average. Net assets rose 49% on the prior period (−£7,734).

- Status: Active
- Incorporated: 2018-10-22
- Registered office: Hamilton, ML3 7JB
- SIC 43220: Plumbing, heat and air-conditioning installation
- Next accounts due: 2027-01-30
- Confirmation statement due: 2026-11-05
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the bottom quarter of 741 comparable companies in Glasgow (median £2,334, upper quartile £24k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-04-30 | −£3,975 | £5,175 | £4,089 | £4,890 | — | — | 1 |
| 2024-04-30 | −£7,734 | £3,798 | £33k | £34k | — | — | 1 |

current ratio 1.89; size band micro.

## Firmoscan score: 59/100 (grade C)

- -15 Negative net assets: Net assets £-3,975 at 2025-04-30
- +8 Net assets growing: +48.6% vs prior period
- +8 Comfortable liquidity: Current ratio 1.89
- +8 Established: Incorporated 2018-10-22 (8 years)

Rules: https://firmoscan.com/methodology

## Persons with significant control

- Mr Alexander Reid — owns 75–100% of shares; holds 75–100% of voting rights, since 2018-10-22

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Source: Companies House register, Open Government Licence v3.0. Official record: https://find-and-update.company-information.service.gov.uk/company/SC611491
HTML: https://firmoscan.com/company/SC611491-api-technical-ltd