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Logic Business Systems Limited

02059640

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

STERLING HOUSE, CARLISLE, CA1 2SA
Incorporated 29/09/1986

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46510
Wholesale of computers, computer peripheral equipment and software

Officers

Mr John Michael Stashkiw

secretary · Since 30/03/1991

COMPANY DIRECTOR

BRITISH · Age 66

Also on 6 other boards

Mr Stephen Stanley Bestwick

director · Since 30/03/1991

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 71

Also on 3 other boards

Mr Neil Graham Johnston

director · Since 30/03/1991

COMPANY DIRECTOR

BRITISH · SCOTLAND · Age 63

Also on 2 other boards

Mr John Michael Stashkiw

director · Since 30/03/1991

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 66

Also on 6 other boards

Persons with Significant Control

Mr John Michael Stashkiw

25–50% shares
25–50% votes

British · United Kingdom · Age 66

Sterling House, 3 Wavell Drive, Carlisle, CA1 2SA

Notified 06/04/2016

Mr Neil Graham Johnston

25–50% shares
25–50% votes

British · Scotland · Age 63

Reigmor, Stoop Lonning, Dumfries, DG1 3JP

Notified 06/04/2016

Mr Stephen Stanley Bestwick

25–50% shares
25–50% votes

British · United Kingdom · Age 71

Walnut Lodge, Lanercost Road, Brampton, CA8 1EN

Notified 06/04/2016

Charges1 outstanding

charge
outstanding

CLYDESDALE BANK PLC

Created 07/07/2011Registered 13/07/2011
charge
satisfied

BARCLAYS BANK PLC

Created 27/07/2010Registered 05/08/2010Satisfied 31/01/2013
charge
satisfied

BARCLAYS BANK PLC

Created 08/11/2002Registered 12/11/2002Satisfied 31/01/2013
charge
satisfied

BARCLAYS BANK PLC

Created 04/07/2001Registered 05/07/2001Satisfied 31/01/2013
charge
satisfied

BARCLAYS BANK PLC

Created 27/04/1990Registered 10/05/1990Satisfied 31/01/2013

CompanyRankvs 730+ SIC 46510 peers
56

Financial strength64th percentile among SIC peers · 16/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.87× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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730Logic Business Systems Limited
62
How is this score calculated?
Financial strength16/25 pts

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

Employees14/15 pts

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

Liquidity6/20 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.

Risk deductions

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/07/2025

Net Worth

£9k

Balance sheet strength

Cash

£376

Cash in the bank

Net Current Assets

-£47k

Working capital

Current Assets

£324k

Current Liabilities

£371k

Fixed Assets

£73k

Debtors

£223k

14avg. employees-2

Tax at Year End(2022)

Corp tax£35k

Balance Sheet

Intangible assets£0
Assets less current liabilities£26k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20250.87-£12k
20240.90+£63k
20230.63-£164k
20221.17-£599
20211.24—

Derived from filed accounts. Not audited figures.