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Alternative Logic Limited

04300560

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

MECHANICS HOUSE 12 CHESTER ROAD, DEESIDE, CH5 2AA
Incorporated 08/10/2001

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development

Officers

Robin Owen Borders

secretary · Since 08/10/2001

I T DIRECTOR

BRITISH · UNITED KINGDOM · Age 55

Also on 1 other board

Mr Robin Owen Borders

director · Since 08/10/2001

I T DIRECTOR

BRITISH · UNITED KINGDOM · Age 55

Also on 2 other boards

Simon Paul Moore

director · Since 15/05/2013

SALES AND MARKETING

BRITISH · UNITED KINGDOM · Age 57

Ian David Stockton

director · Since 15/05/2013

PROJECT MANAGER

BRITISH · UNITED KINGDOM · Age 58

Persons with Significant Control

Mr Robin Owen Borders

50–75% shares

British · United Kingdom · Age 55

Mechanics House, 12 Chester Road, Deeside, CH5 2AA

Notified 08/10/2016

Mrs Janet Ann Borders

25–50% shares

British · United Kingdom · Age 55

Mechanics House, 12 Chester Road, Deeside, CH5 2AA

Notified 03/12/2025

CompanyRankvs 724+ SIC 62012 peers
87

Financial strength91th percentile among SIC peers · 23/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 4.1× · 20/20
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 strength23/25 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 31/10/2024

Net Worth

£223k

Balance sheet strength

Cash

£88k

Cash in the bank

Net Current Assets

£235k

Working capital

Current Assets

£310k

Current Liabilities

£76k

Fixed Assets

£77k

Debtors

£222k

7avg. employees

Balance Sheet

Assets less current liabilities£311k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20244.10-£2k
20234.16+£39k
20225.88-£15k
20219.39
20205.20
20197.45
20187.12

Derived from filed accounts. Not audited figures.