Automation Logic Ltd
07093444
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/12/2024
audit exemption subsidiary
Next accounts due
30/09/2026
Confirmation statement
Last: 30/09/2025
Due 14/10/2026
Industry
Officers
director · Since 31/03/2024
DIRECTOR
IRISH · IRELAND · Age 50
Also on 1 other board
director · Since 09/06/2025
CEO
BRITISH · UNITED KINGDOM · Age 61
Also on 22 other boards
Persons with Significant Control
Version 1 Software Uk Limited
Suite 3d&E, Third Floor, 31 Temple Street, Birmingham, B2 5DB
Reg: 08661831 · Companies House · Private Limited Company
Notified 23/12/2025
Former PSCs
Mr Kristian Peter Langley Saxton
Ceased 27/01/2023
Mr Norm Robert Russell
Ceased 27/01/2023
Version 1 Solutions Limited
Ceased 23/12/2025
Charges0 outstanding
GROWTH STREET PROVISION LIMITED
CompanyRankvs 1980+ SIC 62012 peers80
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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.
Risk deductions
Going concern doubt: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
their report and audited financial statements for the year ended 31 December 2022. BASIS OF PREPARATION OF FINANCIAL STATEMENTS As part of their assessment of the Company’s ability to continue as a going concern, the Directors have evaluated the relevant conditions and events that are known at the date of the financial statements as noted in the Strategic Report. The financial statements have been
Key FinancialsYear ending 31/12/2022
Turnover
£18.8M
Annual revenue
Net Worth
£8.6M
Balance sheet strength
Cash
£3.5M
Cash in the bank
Profit Before Tax
£2.6M
Bottom line earnings
Net Current Assets
£8.2M
Working capital
Current Assets
£10.2M
Current Liabilities
£2.0M
Fixed Assets
£385k
Debtors
£6.7M
Cost of Sales
£10.4M
Gross Profit
£8.3M
Admin Expenses
£5.9M
Operating Profit
£2.6M
Profit After Tax
£2.1M
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2022 | 5.23 | +£2.1M |
| 2021 | 4.64 | +£2.5M |
| 2020 | 3.75 | +£130k |
| 2019 | 4.65 | +£531k |
| 2018 | 5.34 | — |
Derived from filed accounts. Not audited figures.