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It - Logik Limited

06415673

active
Private Limited Company
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)
  • Current liabilities exceed current assets (-10)

Details

151 WEAVERS WAY, LONDON, NW1 0XG
Incorporated 01/11/2007

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities
62090
Other information technology service activities
95110
Repair of computers and peripheral equipment

Officers

Mr Peter Petrou

director · Since 01/11/2007

IT CONSULTANT

BRITISH · ENGLAND · Age 54

Also on 1 other board

Persons with Significant Control

Mr Peter Petrou

75–100% shares
75–100% votes

British · England · Age 54

151, Weavers Way, London, NW1 0XG

Notified 06/04/2016

CompanyRankvs 5203+ SIC 62020 peers
84

Financial strength90th percentile among SIC peers · 23/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.7× · 16/20
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 strength23/25 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.

Liquidity16/20 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 30/11/2024

Net Worth

£130k

Balance sheet strength

Cash

£74k

Cash in the bank

Net Current Assets

£48k

Working capital

Current Assets

£117k

Current Liabilities

£69k

Fixed Assets

£87k

Debtors

£43k

7avg. employees+1

Tax at Year End

Corp tax£22k

Balance Sheet

Bank loans & overdrafts£5k
Assets less current liabilities£135k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20241.70+£36k
20231.31+£21k
20221.23-£4k
20211.78+£766
20201.09-£18k
20191.53-£3k
20181.40

Derived from filed accounts. Not audited figures.