Back to search

Principal Logistics Technology Limited

01448826

active
Private Limited Company
england wales
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

LINCOLN HOUSE WELLINGTON CRESCENT, LICHFIELD, WS13 8RZ
Incorporated 17/09/1979

Compliance

Last accounts

31/12/2024

audit exemption subsidiary

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 26/11/2025

Due 10/12/2026

On track

Industry

62012
Business and domestic software development

Officers

Ms Hellen Maria Stein

director · Since 08/07/2024

ASSOCIATE GENERAL COUNSEL

BRITISH · UNITED KINGDOM · Age 52

Also on 71 other boards

Nicola Marrison

director · Since 16/10/2025

VICE PRESIDENT, FINANCE

BRITISH · UNITED KINGDOM · Age 40

Persons with Significant Control

Principal Holdings Uk Limited

75–100% shares
75–100% votes
Appoint directors

Lincoln House Wellington Cresent, Lincoln House Wellington Cresent, Lichfield, WS13 8RZ

Reg: 08077381 · Registrar Of Companies For England And Wales · Private Limited Company

Notified 27/11/2016

Charges0 outstanding

Charge
satisfied

MCP OPPORTUNITIES UK LIMITED AS SECURITY AGENT AND SECURITY TRUSTEE FOR THE SECURED PARTIES

Created 21/01/2022Registered 25/01/2022Satisfied 24/07/2024
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 15/10/2004Registered 27/10/2004Satisfied 10/10/2013
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 02/08/2004Registered 05/08/2004Satisfied 02/07/2015
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 31/07/1990Registered 21/08/1990Satisfied 10/10/2013
charge
satisfied

TECHNICAL DEVELOPMENT CAPITAL LIMITED

Created 09/10/1981Registered 13/10/1981Satisfied 15/02/1991
charge
satisfied

TECHNICAL DEVELOPMENT CAPITAL LIMITED

Created 24/08/1981Registered 27/08/1981Satisfied 15/02/1991
charge
satisfied

TECHNICAL DEVELOPMENT CAPITAL LIMITED

Created 24/08/1981Registered 27/08/1981Satisfied 15/02/1991

CompanyRankvs 2301+ SIC 62012 peers
81

Financial strength97th percentile among SIC peers · 24/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.47× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength24/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity12/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/12/2023

Net Worth

£919k

Balance sheet strength

Cash

£431k

Cash in the bank

Net Current Assets

£901k

Working capital

Current Assets

£2.8M

Current Liabilities

£1.9M

Fixed Assets

£19k

Debtors

£2.3M

30avg. employees+3

Tax at Year End

VAT£164k

Balance Sheet

Assets less current liabilities£919k
Signed by B Connolly P Flanagan 20 June 2024Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20231.47+£105k£3.3M
20221.58+£140k
20211.63+£21k
20201.54+£84k
20191.60
20181.74

Derived from filed accounts. Not audited figures.