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Logic Medical Limited

05200805

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

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

46 RIPLINGHAM ROAD, HULL, HU10 7TR
Incorporated 09/08/2004

Compliance

Last accounts

31/08/2025

total exemption full

Next accounts due

31/05/2027

On track

Confirmation statement

Last: 09/08/2025

Due 23/08/2026

On track

Industry

86900
Other human health activities

Officers

Margaret Oboh

secretary · Since 09/08/2004

GP

BRITISH · Age 52

Dr Alexander Edosa Oboh

director · Since 09/08/2004

MEDICAL DOCTOR

BRITISH · UNITED KINGDOM · Age 57

Also on 2 other boards

Persons with Significant Control

Dr Alexander Edosa Oboh

25–50% shares

British · United Kingdom · Age 57

46, Riplingham Road, Hull, HU10 7TR

Notified 06/04/2016

Mrs Margaret Oboh

25–50% shares

British · United Kingdom · Age 52

46, Riplingham Road, Hull, HU10 7TR

Notified 06/04/2016

CompanyRankvs 3849+ SIC 86900 peers
69

Financial strength95th percentile among SIC peers · 24/25
Employees36th percentile among SIC peers · 5/15
LiquidityCurrent ratio 6.75× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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3849Logic Medical Limited
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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.

Employees5/15 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

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

the historical cost convention as modified by the revaluation of certain assets. Having regard to liquidity risk, current market conditions and other factors affecting the company, the use of the going concern basis of accounting is appropriate as, in the opinion of the directors, there are no material uncertainties related to events or conditions that may cast significant doubt about the ability

Key FinancialsYear ending 31/08/2025

Net Worth

£265k

Balance sheet strength

Cash

£241k

Cash in the bank

Net Current Assets

£222k

Working capital

Current Assets

£261k

Current Liabilities

£39k

Fixed Assets

£46k

Debtors

£20k

1avg. employees

Balance Sheet

Assets less current liabilities£268k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20256.75+£5k
20248.53+£19k
20237.46—

Derived from filed accounts. Not audited figures.