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Logik Limited

03342155

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

5 BRAYFORD SQUARE, LONDON, E1 0SG
Incorporated 27/03/1997

Compliance

Last accounts

31/03/2025

micro entity

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 27/03/2026

Due 10/04/2027

On track

Industry

62012
Business and domestic software development

Officers

Mr Shaun William Nixon

director · Since 27/03/1997

DIRECTOR

ENGLISH · ENGLAND · Age 59

Also on 1 other board

Francis Charles Farrell

secretary · Since 15/06/1997

BRITISH · Age 57

Persons with Significant Control

Mr Shaun William Nixon

Significant control
significant-influence-or-control-as-firm

English · England · Age 59

5, Brayford Square, London, E1 0SG

Notified 01/03/2017

CompanyRankvs 34217+ SIC 62012 peers
40

Financial strength7th percentile among SIC peers · 2/25
Employees43th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength2/25 pts

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

Employees6/15 pts

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

Liquidity2/20 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 31/03/2025

Turnover

£1k

Annual revenue

Net Worth

-£36k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£37k

Working capital

Current Assets

£19

Current Liabilities

£37k

Fixed Assets

£642

Profit After Tax

-£5k

1avg. employees

Balance Sheet

Depreciation£0
Assets less current liabilities-£36k
Signed by 1.4.24Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent RatioImplied Profit
20250.00-£65k
20240.00+£58k
20230.00+£4
20220.00-£58k
20210.00+£58k
20200.00+£0
20190.00

Derived from filed accounts. Not audited figures.