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Logics Uk Limited

06387828

active
Private Limited Company
england wales
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)
  • Negative net worth (-10)

Details

10 LADYMASK CLOSE, READING, RG31 7QB
Incorporated 02/10/2007

Compliance

Last accounts

31/10/2024

micro entity

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 19/06/2025

Due 03/07/2026

On track

Industry

62020
Information technology consultancy activities

Officers

Aderonke Omowunmi Egungbohun

secretary · Since 02/10/2007

BRITISH

Mr Olusegun Ayodele Egungbohun

director · Since 02/10/2007

IT CONSULTANT

BRITISH · ENGLAND · Age 55

Persons with Significant Control

Mr Olusegun Ayodele Egungbohun

Significant control

British · England · Age 55

10, Ladymask Close, Reading, RG31 7QB

Notified 02/10/2016

CompanyRankvs 81490+ SIC 62020 peers
38

Financial strength5th percentile among SIC peers · 1/25
Employees36th percentile among SIC peers · 5/15
LiquidityCurrent ratio 0.3× · 2/20
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 strength1/25 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.

Liquidity2/20 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

-£23k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£10k

Working capital

Current Assets

£10k

Current Liabilities

£33k

1avg. employees

Balance Sheet

Assets less current liabilities£10k

EstimatesDerived

YearCurrent RatioImplied Profit
20240.30-£5k
20230.45-£36k
20220.45+£4k
20210.69+£0
2020+£2k
20190.37
20181.18

Derived from filed accounts. Not audited figures.