API SOFTWARE LIMITED Financials
- Company number
- SC154934CopyCopy
- Registered office
- The Garment Factory, 10 Montrose Street, Glasgow G1 1RE
- Incorporated
- 15/12/1994
Company snapshot
- Status
- Active
- Employees
- 2 (2026)
- Latest financial data
- 2026
- Accounts type
- Group
Financial highlights
Latest reported figures. Okredo holds filed data for 2022–2026.
Net Assets
-29.72%vs 20252025: £-4.06M
Total Assets
34.98%vs 20252025: £12.20M
Cash in Bank
60.03%vs 20252025: £4.06M
Total Liabilities
34.06%vs 20252025: £15.96M
Employees
0vs 20252025: 2
In 2026, API SOFTWARE LIMITED reported net assets of £-5.26M. The same filing shows total assets of £16.46M, cash in bank of £6.50M and total liabilities of £21.40M. Reported headcount was 2 in 2026. Total Liabilities rose from £15.96M in 2025 to £21.40M in 2026 (34.06%). Okredo holds filed figures for 2022–2026; the table below lists every reported indicator by year. See every reported indicator by year.
Financial performance
Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.
Net Assets
-29.72%from £-4.06M in 2025Year-on-year change
Net Assets as filed for 2022–2026. Every figure in this chart is also in the financial history table.
3-year financial trend (2024–2026)
How the figures API SOFTWARE LIMITED filed moved across the three reported years 2024, 2025 and 2026 — measured end to end rather than year on year.
Net Assets
Decreasedvs 2024Cash in Bank
+254%vs 2024+88.3% a year compound (CAGR)
Total Assets
+40.6%vs 2024+18.6% a year compound (CAGR)
Total Liabilities
+47.8%vs 2024+21.6% a year compound (CAGR)
Employees
-98.7%vs 2024-153Biggest increase
Cash in Bank+254%
£1.83M in 2024 to £6.50M in 2026
Biggest decrease
Employees-98.7%
155 in 2024 to 2 in 2026
API SOFTWARE LIMITED's filings pull in both directions between 2024 and 2026. The steepest rise came in cash in bank, pointing to a more liquid cash position, set against a fall in employee numbers, pointing to a smaller workforce. See the full year-by-year figures.
Ratios from the filed figures
Calculated from API SOFTWARE LIMITED's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.
- Net assets to total assets
- -31.98%2026
- Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
- Liabilities to total assets
- 129.96%2026
- Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
- Cash to liabilities
- 30.37%2026
- Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
- Cash to total assets
- 39.47%2026
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for API SOFTWARE LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| Net Assets£ | 1.38M | -286.00K | -3.05M | -4.06M | -5.26M |
| Total Assets£ | 7.40M | 8.28M | 11.71M | 12.20M | 16.46M |
| Cash in Bank£ | 2.47M | 1.06M | 1.83M | 4.06M | 6.50M |
| Total Liabilities£ | 5.47M | 8.08M | 14.47M | 15.96M | 21.40M |
| Employees | 102 | 137 | 155 | 2 | 2 |
API SOFTWARE LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for API SOFTWARE LIMITED covering 2022–2026, across 5 reported indicators. The most recent reported year is 2026.
API SOFTWARE LIMITED reported net assets of £-5.26M for 2026. That compares with £-4.06M in 2025, a change of -29.72%.
API SOFTWARE LIMITED reported total assets of £16.46M for 2026. That compares with £12.20M in 2025, a change of 34.98%.
API SOFTWARE LIMITED reported cash in bank of £6.50M for 2026. That compares with £4.06M in 2025, a change of 60.03%.
API SOFTWARE LIMITED reported 2 employees in 2026, compared with 2 in 2025.
Between 2024 and 2026, API SOFTWARE LIMITED's cash in bank rose by 254%, total assets rose by 40.6%, total liabilities rose by 47.8% and employee numbers fell by 98.7%. Cash in bank compounded at 88.3% a year across the two years to 2026, from £1.83M to £6.50M. Reported headcount went from 155 in 2024 to 2 in 2026 (-153).
Okredo holds reported figures for the years 2022, 2023, 2024, 2025, 2026. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.