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Logik Developments Limited

07028940

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

VANTAGE HOUSE EUXTON LANE, CHORLEY, PR7 6TB
Incorporated 24/09/2009

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 05/06/2025

Due 19/06/2026

On track

Industry

41100
Development of building projects

Officers

Mr Neil David Spencer

director · Since 24/09/2009

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 51

Also on 1 other board

Mr Tony Bhatti

director · Since 14/05/2017

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 60

Also on 8 other boards

Persons with Significant Control

Mr Andrew Flintoff

25–50% shares
25–50% votes

British · England · Age 48

Vantage House Euxton Lane, Euxton, Chorley, PR7 6TB

Notified 01/04/2017

Tb Enterprises (2020) Limited

25–50% shares
25–50% votes

Vantage House Euxton Lane, Euxton, Chorley, PR7 6TB

Reg: 12864239 · England & Wales · Limited Company

Notified 01/10/2020

Nds Enterprises Limited

25–50% shares
25–50% votes

Vantage House Euxton Lane, Euxton, Chorley, PR7 6TB

Reg: 12839501 · England & Wales · Limited Company

Notified 01/10/2020

Former PSCs

Mr Neil Spencer

Ceased 01/10/2020

Mr Tony Bhatti

Ceased 01/10/2020

Charges0 outstanding

Charge
satisfied

PBSA GROUP HOLDINGS S.� R.L.

Created 23/12/2020Registered 06/01/2021Satisfied 15/11/2022
Charge
satisfied

PBSA GROUP HOLDINGS S.� R.L.

Created 23/12/2020Registered 06/01/2021Satisfied 15/11/2022
Charge
satisfied

PBSA GROUP HOLDINGS S.� R.L.

Created 23/12/2020Registered 06/01/2021Satisfied 15/11/2022

CompanyRankvs 2222+ SIC 41100 peers
83

Financial strength93th percentile among SIC peers · 23/25
Employees68th percentile among SIC peers · 10/15
LiquidityCurrent ratio 6.45× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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2222Logik Developments Limited
83
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.

Employees10/15 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.

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

£820k

Balance sheet strength

Cash

£7k

Cash in the bank

Net Current Assets

£1.4M

Working capital

Current Assets

£1.7M

Current Liabilities

£257k

Fixed Assets

£35k

Debtors

£1.6M

2avg. employees

Balance Sheet

Assets less current liabilities£1.4M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20256.45-£3.4M
202421.94+£106k
202351.54+£2.3M
202212.10+£39k
202117.17+£9k
20202.83—

Derived from filed accounts. Not audited figures.