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Logic Rc Limited

06520169

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

12-18 HARTHAM LANE, HERTFORD, SG14 1QN
Incorporated 03/03/2008

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46900
Non-specialised wholesale trade

Officers

Mr Elliot Dominic Howard Wright

secretary · Since 03/03/2008

IT DIRECTOR

BRITISH · ENGLAND · Age 55

Also on 4 other boards

Mr Andrew Oliver Nicholson

director · Since 03/03/2008

DIRECTOR

BRITISH · UNITED KINGDOM · Age 58

Also on 1 other board

Mr Elliot Dominic Howard Wright

director · Since 03/03/2008

DIRECTOR

BRITISH · UNITED KINGDOM · Age 55

Also on 4 other boards

Persons with Significant Control

Mr Elliot Dominic Howard Wright

25–50% shares

British · United Kingdom · Age 55

12-18, Hartham Lane, Hertford, SG14 1QN

Notified 06/04/2016

Mr Andrew Oliver Nicholson

25–50% shares

British · England · Age 57

12-18, Hartham Lane, Hertford, SG14 1QN

Notified 06/04/2016

Charges1 outstanding

charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 18/11/2011Registered 24/11/2011
charge
satisfied

MR N P NICHOLSON

Created 14/01/2010Registered 26/01/2010Satisfied 14/06/2021

CompanyRankvs 703+ SIC 46900 peers
77

Financial strength92th percentile among SIC peers · 23/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.54× · 20/20
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 strength23/25 pts

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

Employees14/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 30/04/2025

Net Worth

£867k

Balance sheet strength

Cash

£832k

Cash in the bank

Net Current Assets

£860k

Working capital

Current Assets

£1.4M

Current Liabilities

£559k

Fixed Assets

£6k

Debtors

£188k

13avg. employees

Tax at Year End(2019)

Corp tax£61k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20252.54+£45k
20242.77+£73k
20233.34-£44k
20224.32+£91k
20212.59
20202.02
20192.17
20182.05

Derived from filed accounts. Not audited figures.