APIS ASSAY TECHNOLOGIES LTD.

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  -14.6%

  £3,128,896 → £2,672,504

• Cash

  -64.3%

  £7,864,097 → £2,810,738

  lowest in 6 filed years

• Net assets

  -46.2%

  £11,677,241 → £6,280,641

  lowest in 3 filed years

• Employees

  -28.2%

  103 → 74

• Operating profit

  +22.1%

  -£7,253,176 → -£5,649,646

• Profit before tax

  +21.5%

  -£7,089,461 → -£5,564,292

• Wages

  -23.7%

  £3,900,479 → £2,977,083

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

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. Margin ratios are hidden where reported turnover is too small relative to profit to yield a meaningful figure — typical of holding companies whose income is mostly subsidiary dividends rather than trading revenue. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Consolidated group

Abridged

Yes — abridged accounts (limited disclosure)

Auditor

Alexander & Co LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“At the time of approving the financial statements, the directors have a reasonable expectation that the group has adequate resources to continue in operational existence for the foreseeable future given cash balances at the balance sheet date were 2,810,738. In determining this, the directors have prepared financial forecasts for a period of not less than twelve months following approval of the financial statements for various scenarios. The directors are executing strategies to preserve the existing structure through external investment, should they prove unsuccessful cost savings can be achieved to reduce losses, guarantee operational integrity & preserve cash beyond twelve months following approval of the financial statements. The directors therefore continue to adopt the going concern basis of accounting in preparing the financial statements.”

Group structure

1. APIS ASSAY TECHNOLOGIES LTD. · parent
   1. APIS Assay Technologies DOO Belgrade-Palilula 100% · Serbia · Bioinformatics and software development
   2. Clickmer Systems GmbH 100% · Germany · Clickmer research and development

Significant events

• “adding Clickmer Services in this year also.”

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

Filings

4

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

1

last 12 months

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