APIS ASSAY TECHNOLOGIES LTD. Financials
- Company number
- 11563620Copy
Copy - Registered office
- Second Floor Citylabs 1.0, Nelson Street, Manchester, Greater Manchester M13 9NQ
- Incorporated
- 11/09/2018
Company snapshot
- Status
- Active
- Employees
- 52 (2024)
- Latest financial data
- 2024
- Accounts type
- Group
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-52.52%vs 20232023: £13.23M
Total Assets
-30.80%vs 20232023: £17.26M
Cash in Bank
-64.53%vs 20232023: £7.77M
Total Liabilities
66.33%vs 20232023: £2.98M
Employees
-27vs 20232023: 79
In 2024, APIS ASSAY TECHNOLOGIES LTD. reported net assets of £6.28M. The same filing shows total assets of £11.94M, cash in bank of £2.76M and total liabilities of £4.96M. Reported headcount was 52 in 2024. Net Assets fell from £13.23M in 2023 to £6.28M in 2024 (-52.52%). Okredo holds filed figures for 2021–2024; 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
-52.52%from £13.23M in 2023Year-on-year change
Net Assets as filed for 2021–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures APIS ASSAY TECHNOLOGIES LTD. filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-67.5%vs 2022-43% a year compound (CAGR)
Cash in Bank
-81.4%vs 2022-56.8% a year compound (CAGR)
Total Assets
-51.4%vs 2022-30.3% a year compound (CAGR)
Employees
-38.1%vs 2022-32Biggest decrease
Cash in Bank-81.4%
£14.79M in 2022 to £2.76M in 2024
Every indicator Okredo holds for APIS ASSAY TECHNOLOGIES LTD. fell between 2022 and 2024. The steepest fall came in cash in bank, pointing to a tighter cash position, with net assets, total assets and employee numbers falling alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from APIS ASSAY TECHNOLOGIES LTD.'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
- 52.59%2024
- Liabilities to total assets
- 41.56%2024
- Cash to liabilities
- 55.56%2024
- Cash to total assets
- 23.09%2024
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.
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.
Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
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 APIS ASSAY TECHNOLOGIES LTD. by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 22.94M | 19.33M | 13.23M | 6.28M |
| Total Assets£ | 28.14M | 24.57M | 17.26M | 11.94M |
| Cash in Bank£ | 23.05M | 14.79M | 7.77M | 2.76M |
| Total Liabilities£ | 4.05M | – | 2.98M | 4.96M |
| Employees | 71 | 84 | 79 | 52 |
APIS ASSAY TECHNOLOGIES LTD. financials: frequently asked questions
Answered from this company's own filed figures.
Has APIS ASSAY TECHNOLOGIES LTD. filed financial statements?
Yes. Okredo holds filed figures for APIS ASSAY TECHNOLOGIES LTD. covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
What net assets did APIS ASSAY TECHNOLOGIES LTD. report in 2024?
APIS ASSAY TECHNOLOGIES LTD. reported net assets of £6.28M for 2024. That compares with £13.23M in 2023, a change of -52.52%.
What total assets did APIS ASSAY TECHNOLOGIES LTD. report in 2024?
APIS ASSAY TECHNOLOGIES LTD. reported total assets of £11.94M for 2024. That compares with £17.26M in 2023, a change of -30.80%.
What cash in bank did APIS ASSAY TECHNOLOGIES LTD. report in 2024?
APIS ASSAY TECHNOLOGIES LTD. reported cash in bank of £2.76M for 2024. That compares with £7.77M in 2023, a change of -64.53%.
How many people does APIS ASSAY TECHNOLOGIES LTD. employ?
APIS ASSAY TECHNOLOGIES LTD. reported 52 employees in 2024, compared with 79 in 2023.
How have APIS ASSAY TECHNOLOGIES LTD. financials changed over the last 3 years?
Between 2022 and 2024, APIS ASSAY TECHNOLOGIES LTD.'s net assets fell by 67.5%, cash in bank fell by 81.4%, total assets fell by 51.4% and employee numbers fell by 38.1%. Net assets contracted at 43% a year across the two years to 2024, from £19.33M to £6.28M. Reported headcount went from 84 in 2022 to 52 in 2024 (-32).
Which years of APIS ASSAY TECHNOLOGIES LTD. financial data are available?
Okredo holds reported figures for the years 2021, 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.