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Logixx Pharma Limited

07209211

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

MERLIN HOUSE BRUNEL ROAD, READING, RG7 4AB
Incorporated 31/03/2010

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

82990
Other business support service activities

Officers

Mr Michael Stuart Close

secretary · Since 31/03/2010

Also on 5 other boards

Mr Michael Stuart Close

director · Since 31/03/2010

DIRECTOR

BRITISH · ENGLAND · Age 55

Also on 5 other boards

Persons with Significant Control

Logixx Pharma Holding Group Limited

75–100% shares

Merlin House, Brunel Road, Reading, RG7 4AB

Reg: 11419134 · England And Wales · Private Limited Company

Notified 11/07/2018

Former PSCs

Mr Michael Stuart Close

Ceased 11/07/2018

Mr Keith Joseph Williams

Ceased 11/07/2018

Charges0 outstanding

Charge
satisfied

RBS INVOICE FINANCE LIMITED

Created 31/10/2025Registered 03/11/2025Satisfied 26/03/2026
Charge
satisfied

RBS INVOICE FINANCE LIMITED

Created 04/04/2017Registered 04/04/2017Satisfied 29/09/2025
Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 06/03/2017Registered 06/03/2017Satisfied 17/12/2025

CompanyRankvs 88566+ SIC 82990 peers
52

Financial strength2th percentile among SIC peers · 1/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.91× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength1/25 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.

Liquidity6/20 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

-£219k

Balance sheet strength

Cash

£82k

Cash in the bank

Net Current Assets

-£417k

Working capital

Current Assets

£4.0M

Current Liabilities

£4.4M

Fixed Assets

£215k

Debtors

£2.0M

15avg. employees+1

Tax at Year End(2019)

Corp tax£118k

Balance Sheet

Bank loans & overdrafts£117k
Assets less current liabilities-£203k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.91-£843k
20241.05-£876k
20232.20+£177k
20221.83+£14k
20211.59+£319k
20201.25-£349k
20191.45+£253k
20181.66

Derived from filed accounts. Not audited figures.