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Logic 1st Limited

04697910

active
ltd
england wales
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

Global House, 60b Queen Street, Horsham, RH13 5AD
Incorporated 14/03/2003

Compliance

Last accounts

31/05/2025

audit exemption subsidiary

Next accounts due

28/02/2027

On track

Confirmation statement

Last: 05/03/2026

Due 19/03/2027

On track

Industry

62020
Information technology consultancy activities

Officers

Mr Carl Nigel Barnett

director · Since 30/08/2024

DIRECTOR

BRITISH · ENGLAND · Age 39

Also on 26 other boards

Mr James Routledge

director · Since 30/08/2024

DIRECTOR

BRITISH · ENGLAND · Age 38

Also on 5 other boards

Carl Nigel Barnett

director · Since 30/08/2024

British · England · Age 39

James Routledge

director · Since 30/08/2024

British · England · Age 38

Former

Douglas Nominees Limited

corporate nominee director · Resigned 14/03/2003

M W Douglas & Company Limited

corporate nominee secretary · Resigned 14/03/2003

Nicola Jane Hobbs

secretary · Resigned 08/05/2018

John Anthony Hobbs

director · Resigned 30/08/2024

Lester Milner

director · Resigned 30/08/2024

Matthew George West

director · Resigned 08/10/2024

Persons with Significant Control

L2j Ltd

75–100% shares

Second Floor, 3 Liverpool Gardens, Worthing, BN11 1TF

Reg: 12472389 · Companies House · Private Company Limited By Shares

Notified 01/04/2021

Former PSCs

Mr John Anthony Hobbs

Ceased 01/04/2021

Mrs Nicola Jane Aston-Clarke

Ceased 08/05/2018

Charges2 outstanding

Charge
outstanding

TC LOANS LIMITED

Created 28/02/2025Registered 04/03/2025
Charge
outstanding

BARCLAYS BANK PLC

Created 14/10/2024Registered 15/10/2024

Change History

officer appointed → BARNETT, Carl Nigel
2026-08-23
officer appointed → ROUTLEDGE, James
2026-08-23
status → active
2026-08-23

Active

type → ltd
2026-08-23

Private Limited Company

address line1 → Global House
2026-08-23

GLOBAL HOUSE

post town → Horsham
2026-08-23

HORSHAM

CompanyRankvs 14305+ SIC 62020 peers
63

Financial strength30th percentile among SIC peers · 8/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 3.29× · 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 strength8/25 pts

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

Employees15/15 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 31/03/2024

Net Worth

£50

Balance sheet strength

Cash

£187k

Cash in the bank

Net Current Assets

£186k

Working capital

Current Assets

£268k

Current Liabilities

£81k

Fixed Assets

£6k

Debtors

£78k

11avg. employees

Balance Sheet

Assets less current liabilities£192k
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20243.29
20234.04

Derived from filed accounts. Not audited figures.