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Logitax Limited

08788705

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

SBC HOUSE, WALLINGTON, SM6 7AH
Incorporated 25/11/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

69201
Accounting and auditing activities

Officers

Mr Burhan Naseem Awan

director · Since 25/11/2013

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 38

Also on 2 other boards

Mr Salman Jamil

director · Since 01/12/2018

COMPANY DIRECTOR

ENGLISH · UNITED KINGDOM · Age 52

Also on 3 other boards

Persons with Significant Control

Mr Burhan Naseem Awan

50–75% shares
50–75% votes
Appoint directors

British · England · Age 38

Sbc House, Restmor Way, Wallington, SM6 7AH

Notified 06/04/2016

Mrs Nisma Burhan Awan

25–50% shares
25–50% votes
Appoint directors

British · England · Age 37

Sbc House, Restmor Way, Wallington, SM6 7AH

Notified 21/09/2023

Former PSCs

Mr Burhan Naseem Awan

Ceased 01/01/2017

CompanyRankvs 26525+ SIC 69201 peers
44

Financial strength4th percentile among SIC peers · 1/25
Employees58th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.94× · 6/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
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26525Logitax Limited
39
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.

Employees9/15 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.

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 30/09/2024

Net Worth

-£17k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£3k

Working capital

Current Assets

£44k

Current Liabilities

£46k

Fixed Assets

£11k

2avg. employees

Balance Sheet

Assets less current liabilities£8k

EstimatesDerived

YearCurrent RatioImplied Profit
20240.94+£16k
20230.76-£721
20220.67-£36k
20211.49—
20201.35—
20190.76—
20180.89—

Derived from filed accounts. Not audited figures.