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Logic Financial Services Ltd

08552770

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

BANK CHAMBERS, WATLINGTON, OX49 5AB
Incorporated 03/06/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

66190
Other activities auxiliary to financial services

Officers

Mrs Harmit Heer

director · Since 03/06/2013

ACCOUNTANT

BRITISH · ENGLAND · Age 49

Also on 1 other board

Mr Harjeet Singh Heer

director · Since 28/11/2014

FINANCIAL ADVISOR

BRITISH · ENGLAND · Age 48

Also on 5 other boards

Persons with Significant Control

Mrs Harmit Kaur Heer

25–50% shares
25–50% votes

British · United Kingdom · Age 49

Bank Chambers, Hill Road, Watlington, OX49 5AB

Notified 01/01/2025

Mr Harjeet Singh Heer

25–50% shares
25–50% votes

British · England · Age 48

Bank Chambers, Hill Road, Watlington, OX49 5AB

Notified 01/01/2025

CompanyRankvs 1278+ SIC 66190 peers
71

Financial strength84th percentile among SIC peers · 21/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio 2.23× · 20/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength21/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees2/15 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.

Longevity13/15 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 31/12/2024

Net Worth

£144k

Balance sheet strength

Cash

£219k

Cash in the bank

Net Current Assets

£134k

Working capital

Current Assets

£243k

Current Liabilities

£109k

Fixed Assets

£11k

Debtors

£23k

0avg. employees-12

Tax at Year End

Corp tax£71k

Balance Sheet

Assets less current liabilities£145k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20242.23-£5k
20232.16-£43k
20222.58+£38k
20212.46+£71k
20201.79+£39k
20191.38+£21k
20181.20

Derived from filed accounts. Not audited figures.