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Logix Systems Limited

05262183

active
Private Limited Company
england wales
Companies House
Health Score
85 / 100

Healthy

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

Details

SOLAR HOUSE, LONDON, N14 6NZ
Incorporated 18/10/2004

Compliance

Last accounts

31/10/2024

total exemption full

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 18/10/2025

Due 01/11/2026

On track

Industry

62020
Information technology consultancy activities

Officers

Mr Prashant Patel

director · Since 25/10/2004

I T CONSULTANT

BRITISH · UNITED KINGDOM · Age 45

Also on 4 other boards

Persons with Significant Control

Mr Prashant Patel

25–50% shares

British · England · Age 45

Solar House, 282 Chase Road, London, N14 6NZ

Notified 06/04/2016

Mrs Sonal Prashant Patel

25–50% shares

British · United Kingdom · Age 44

Solar House, 282 Chase Road, Southgate, N14 6NZ

Notified 01/11/2016

CompanyRankvs 36430+ SIC 62020 peers
61

Financial strength57th percentile among SIC peers · 14/25
Employees36th percentile among SIC peers · 5/15
LiquidityCurrent ratio 1.07× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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36430Logix Systems Limited
61
How is this score calculated?
Financial strength14/25 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.

Liquidity12/20 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

£7k

Balance sheet strength

Cash

£25k

Cash in the bank

Net Current Assets

£9k

Working capital

Current Assets

£130k

Current Liabilities

£121k

Fixed Assets

£1k

Debtors

£105k

1avg. employees

Tax at Year End

Corp tax£55k
VAT£43k

Director Loans

Directors owe company£10k

Balance Sheet

Bank loans & overdrafts£5k
Assets less current liabilities£10k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20241.07+£0£861k
20241.07—£861k
20231.11——

Derived from filed accounts. Not audited figures.