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Logico Services Ltd

04780619

active
Private Limited Company
Companies House
Health Score
67 / 100

Some Concerns

25/30
Filing
10/30
Financial
32/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 4 outstanding charges (-8)

Details

40 STATION ROAD, HARROW, HA2 7SE
Incorporated 29/05/2003

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate

Officers

Mr Sandip Patel

director · Since 29/05/2003

DIRECTOR

BRITISH · ENGLAND · Age 53

Also on 1 other board

Persons with Significant Control

Sandip Patel

25–50% shares

British · England · Age 53

40, Station Road, Harrow, HA2 7SE

Notified 01/01/2017

Seema Gorslar

25–50% shares

British · England · Age 55

40, Station Road, Harrow, HA2 7SE

Notified 01/01/2017

Charges4 outstanding

charge
outstanding

KAS CAPITAL LIMITED

Created 14/02/2013Registered 05/03/2013
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 19/01/2006Registered 20/01/2006
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 01/12/2005Registered 10/12/2005
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 30/09/2003Registered 09/10/2003

CompanyRankvs 40000+ SIC 68100 peers
50

Financial strength61th percentile among SIC peers · 15/25
Employees60th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.68× · 6/20
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 strength15/25 pts

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

Employees9/15 pts

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

Liquidity6/20 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 31/10/2024

Net Worth

£5k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£56k

Working capital

Current Assets

£119k

Current Liabilities

£175k

Fixed Assets

£61k

1avg. employees

Balance Sheet

Assets less current liabilities£5k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20240.68-£8k
20230.66-£12k
20220.66-£10k
20210.66-£10k
20200.66-£11k
20190.62-£7k
20180.59

Derived from filed accounts. Not audited figures.