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Next accounts due

2027-09-30 (in 1y)

Last filed for 2025-12-31

Confirmation statement due

2026-05-12

Overdue

Watchouts

1 item

Cash

USD 14,080,937

+4.9% vs 2024

Net assets

USD 10,430,173

USD 13,952,443

+5.1% vs 2024

Employees

6

0% vs 2024

Profit before tax

USD 900,353

-16.6% vs 2024

Watchouts

Facts from the Companies House register and the latest accounts — not a rating

Accounts

3-year trend · latest reflected 2025-12-31

Metric Trend 2023-12-312024-12-312025-12-31
Turnover USD 69,138,773USD 708,000
Operating profit USD 403,554USD 280,158
Profit before tax USD 1,079,402USD 900,353
Net profit USD 801,629USD 671,952
Cash USD 13,421,220USD 14,080,937
Total assets less current liabilities USD 10,039,575USD 10,504,915
Net assets USD 9,927,855USD 10,430,173
Equity £12,478,862USD 13,280,491USD 13,952,443
Average employees 66
Wages USD 176,243USD 182,868
Directors' remuneration USD 76,425USD 78,678

Figures converted to GBP from USD at 0.748 per USD (Frankfurter spot rate) — hover any figure for the original. indicates the figure wasn't present under that line item in that period. About these numbers

Year-on-year

FY2024 → FY2025 · period ending 2025-12-31 vs 2024-12-31

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio Trend 2023-12-312024-12-312025-12-31
Operating margin 0.6%39.6%
Net margin 1.2%94.9%
Return on capital employed 4.0%2.7%
Gearing (liabilities / total assets) 29.0%26.9%
Current ratio 33.20x90.20x
Interest cover 44.74x39.47x

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Name history

Renamed 1 time since incorporation

  1. APIOIL UK LIMITED 2014-06-26 → present
  2. "API" SERVICES LIMITED 1984-01-19 → 2014-06-26

Audit & accounting basis

Accounting basis
IFRS
Auditor
Venthams
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“Taking into account a period exceeding 12 months from the date of approval of these financial statements, the Directors have a reasonable expectation that it has adequate resources to continue in operational existence for the foreseeable future, and for this reason will continue to adopt the going concern basis in the preparation of its financial statements.”

Significant events

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

People

5 active · 12 resigned

Name Role Appointed Born Nationality
PALMER, Roderick Secretary 2025-04-25
CAPUTO, Leonardo Director 2014-12-01 Nov 1970 Italian
NEWMAN, Anthony Charles Director 2023-02-20 May 1962 British
PARETTI, Fabio Director 2020-02-10 Jun 1962 Italian
TAYLOR, Richard Michael Director 2014-12-01 Dec 1956 British
Show 12 resigned officers
Name Role Appointed Resigned
GODFREY, David Nigel Secretary 2003-01-01 2025-04-25
MIDDLETON, William Secretary 2002-12-31
ADNAN, Gerda Director 2002-05-15 2002-05-17
ADNAN, Gerda Director 1995-03-23 1995-03-31
ASTA, Stefano Director 2014-06-25 2020-01-31
ASTA, Stefano Director 2000-07-04 2009-11-19
BIBBING, Ian Maurice Director 2009-11-19 2016-02-29
CINELLI, Biagio Director 2000-07-04
GODFREY, David Nigel Director 2003-01-01 2014-06-25
MIDDLETON, William Director 2002-12-31
REED, Mark Henry Director 2018-07-16 2023-01-13
RICHARDS, Peter Robert Director 2016-05-03 2018-02-16

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Ms Mila Peretti Individual Shares 75–100%, Voting 75–100%, Appoints directors 2016-04-06 Active

Filing timeline

Last 20 of 137 total filings

Date Type Category Description
2026-04-09 AA accounts Accounts with accounts type full PDF
2025-05-12 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-04-25 AP03 officers Appoint person secretary company with name date PDF
2025-04-25 TM02 officers Termination secretary company with name termination date PDF
2025-03-10 AA accounts Accounts with accounts type full
2024-05-10 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-05-05 AA accounts Accounts with accounts type full
2024-04-25 CH01 officers Change person director company with change date PDF
2024-04-25 CH03 officers Change person secretary company with change date PDF
2023-04-28 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-04-15 AA accounts Accounts with accounts type full
2023-03-27 MR04 mortgage Mortgage satisfy charge full PDF
2023-02-28 AP01 officers Appoint person director company with name date PDF
2023-01-18 AD01 address Change registered office address company with date old address new address PDF
2023-01-15 TM01 officers Termination director company with name termination date PDF
2022-12-18 AD01 address Change registered office address company with date old address new address PDF
2022-05-09 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-05-04 MR04 mortgage Mortgage satisfy charge full PDF
2022-05-04 MR04 mortgage Mortgage satisfy charge full PDF
2022-05-04 MR04 mortgage Mortgage satisfy charge full PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
2

last 12 months

Capital events
0

last 24 months

Officers appointed
0

last 12 months

Officers resigned
0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

Official Companies House page