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Logicworld (Uk) Limited

06528049

active
Private Limited Company
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

5 TEMPEST ROAD, LEICESTER, LE4 3BD
Incorporated 08/03/2008

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

13990
Manufacture of other textiles

Officers

Mr Jasdeep Singh Bains

director · Since 01/08/2018

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 46

Also on 7 other boards

Persons with Significant Control

Mr Jasdeep Singh Bains

50–75% votes

British · England · Age 46

5, Tempest Road, Leicester, LE4 3BD

Notified 17/08/2018

Former PSCs

Mr Darshan Singh Bains

Ceased 01/08/2018

Charges1 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 02/09/2020Registered 11/09/2020

CompanyRankvs 162+ SIC 13990 peers
67

Financial strength80th percentile among SIC peers · 20/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.1× · 12/20
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 strength20/25 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.

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.

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

£74k

Balance sheet strength

Cash

£186

Cash in the bank

Net Current Assets

£51k

Working capital

Current Assets

£537k

Current Liabilities

£487k

Fixed Assets

£28k

Debtors

£139k

41avg. employees-21

Balance Sheet

Assets less current liabilities£79k
Signed by 2024-05-01Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20251.10-£16k
20241.12+£19k
20231.04+£52k
20221.10
20212.11
20201.10
20191.01

Derived from filed accounts. Not audited figures.