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Logic Developments Limited

02376441

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

STERLING HOUSE, CARLISLE, CA1 2SA
Incorporated 26/04/1989

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr John Michael Stashkiw

secretary · Since 26/04/1991

BRITISH · Age 66

Also on 6 other boards

Mr Stephen Stanley Bestwick

director · Since 26/04/1991

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 71

Also on 3 other boards

Mr Neil Graham Johnston

director · Since 26/04/1991

COMPANY DIRECTOR

BRITISH · SCOTLAND · Age 63

Also on 2 other boards

Mr John Michael Stashkiw

director · Since 26/04/1991

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 66

Also on 6 other boards

Persons with Significant Control

Mr Stephen Stanley Bestwick

25–50% shares
25–50% votes

British · United Kingdom · Age 71

Walnut Lodge, Lanercost Road, Brampton, CA8 1EN

Notified 27/04/2016

Mr Neil Graham Johnston

25–50% shares
25–50% votes

British · Scotland · Age 63

Reigmor, Stoop Lonning, Dumfries, DG1 3JP

Notified 27/04/2016

Mr John Michael Stashkiw

25–50% shares
25–50% votes

British · United Kingdom · Age 66

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

Notified 27/04/2016

Charges0 outstanding

charge
satisfied

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CompanyRankvs 19480+ SIC 68209 peers
75

Financial strength45th percentile among SIC peers · 11/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 150.95× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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19480Logic Developments Limited
75
How is this score calculated?
Financial strength11/25 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.

Liquidity20/20 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 31/07/2025

Net Worth

£300

Balance sheet strength

Cash

£130k

Cash in the bank

Net Current Assets

£216k

Working capital

Current Assets

£218k

Current Liabilities

£1k

Debtors

£87k

3avg. employees

Tax at Year End(2024)

Corp tax-£1
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
2025150.95—
20245.18-£56k
20232.14-£3k
20220.03+£17k
20210.03—

Derived from filed accounts. Not audited figures.