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Logic Networks Limited

03791030

active
Private Limited Company
england wales
Companies House
Health Score
77 / 100

Some Concerns

25/30
Filing
20/30
Financial
32/40
Risk
  • No accounts filed in last 18 months (-5)
  • 4 outstanding charges (-8)

Details

MATCHMAKER WHARF UNIT C3, MATCHMAKER WHARF, LONDON, E9 5GP
Incorporated 17/06/1999

Compliance

Last accounts

31/05/2024

total exemption full

Next accounts due

31/05/2026

On track

Confirmation statement

Last: 31/07/2025

Due 14/08/2026

On track

Industry

62012
Business and domestic software development
62020
Information technology consultancy activities
62090
Other information technology service activities
74909
Other professional, scientific and technical activities

Officers

Mr Shon Shafqat Alishah

secretary · Since 17/06/1999

TECHNICAL MANAGER

BRITISH · ENGLAND · Age 62

Also on 1 other board

Mr. Shon Shafqat Alishah

director · Since 17/06/1999

TECHNICAL MANAGER

BRITISH · ENGLAND · Age 62

Persons with Significant Control

Mr Shon Shafqat Alishah

75–100% shares

British · England · Age 62

Matchmaker Wharf, Unit C3, Matchmaker Wharf, London, E9 5GP

Notified 06/04/2016

Charges4 outstanding

Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 27/06/2022Registered 01/07/2022
Charge
outstanding

BARCLAYS BANK PLC

Created 20/01/2014Registered 31/01/2014
Charge
outstanding

BARCLAYS BANK PLC

Created 16/08/2013Registered 21/08/2013
Charge
outstanding

BARCLAYS BANK PLC

Created 18/07/2013Registered 25/07/2013
charge
satisfied

HSBC BANK PLC

Created 22/06/2002Registered 02/07/2002Satisfied 27/03/2010

CompanyRankvs 487+ SIC 62012 peers
78

Financial strength97th percentile among SIC peers · 24/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.95× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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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.

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.

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 31/05/2024

Net Worth

£1.0M

Balance sheet strength

Cash

£109k

Cash in the bank

Net Current Assets

£500k

Working capital

Current Assets

£756k

Current Liabilities

£256k

Fixed Assets

£1.1M

Debtors

£647k

6avg. employees-1

Tax at Year End

Corp tax£65k

Balance Sheet

Assets less current liabilities£1.6M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20242.95+£8k
20232.87-£85k
20221.39-£96k
20212.42-£110k
20202.36+£34k
20191.51

Derived from filed accounts. Not audited figures.