Logic Distribution Limited
06826339
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
secretary · Since 23/02/2009
BRITISH · ENGLAND · Age 55
Also on 3 other boards
director · Since 23/02/2009
DIRECTOR
BRITISH · ENGLAND · Age 55
Also on 3 other boards
Persons with Significant Control
Mr Jolyon Richard Withams
British · England · Age 55
Sunridge, Stanmoor Road, Bridgwater, TA7 0SA
Notified 06/04/2016
Former PSCs
Mr Richard David Pine
Ceased 30/06/2020
CompanyRankvs 315+ SIC 96090 peers90
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/03/2025
Net Worth
£1.8M
Balance sheet strength
Cash
£556k
Cash in the bank
Net Current Assets
£658k
Working capital
Current Assets
£1.2M
Current Liabilities
£562k
Fixed Assets
£1.4M
Debtors
£664k
Profit After Tax
£618k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 2.17 | +£499k |
| 2024 | 1.61 | +£325k |
| 2023 | 2.75 | — |
Derived from filed accounts. Not audited figures.