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Logic Healthcare Ltd

08973233

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

48 GATHORNE TERRACE, LEEDS, LS8 5AX
Incorporated 02/04/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47730
Dispensing chemist in specialised stores

Officers

Mr Chung Duong

director · Since 02/04/2014

PHARMACIST

BRITISH · ENGLAND · Age 40

Also on 2 other boards

Mr Salim Miah Malik

director · Since 02/04/2014

PHARMACIST

BRITISH · ENGLAND · Age 39

Also on 1 other board

Mr Suhale Akhter Malik

director · Since 02/04/2014

PHARMACIST

BRITISH · ENGLAND · Age 40

Also on 4 other boards

Mr Farqan Hanif

director · Since 01/02/2023

PHARMACIST

BRITISH · ENGLAND · Age 34

Also on 1 other board

Persons with Significant Control

Mr Salim Miah Malik

25–50% shares

British · England · Age 39

48, Gathorne Terrace, Leeds, LS8 5AX

Notified 06/04/2016

Mr Chung Duong

25–50% shares

British · England · Age 40

48, Gathorne Terrace, Leeds, LS8 5AX

Notified 06/04/2016

Mr Suhale Akhter Malik

25–50% shares

British · England · Age 40

2, Lambert Avenue, Leeds, LS8 1NH

Notified 06/04/2016

Mr Farqan Hanif

Significant control

British · England · Age 34

48, Gathorne Terrace, Leeds, LS8 5AX

Notified 01/02/2023

Charges2 outstanding

Charge
satisfied

LLOYDS BANK PLC

Created 25/05/2022Registered 25/05/2022Satisfied 10/02/2023
Charge
outstanding

LLOYDS BANK PLC

Created 25/05/2022Registered 25/05/2022
Charge
outstanding

LLOYDS BANK PLC

Created 07/02/2022Registered 07/02/2022
Charge
satisfied

HSBC BANK PLC

Created 15/08/2014Registered 15/08/2014Satisfied 11/02/2021

CompanyRankvs 3159+ SIC 47730 peers
43

Financial strength37th percentile among SIC peers · 9/25
Employees74th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.91× · 6/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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3159Logic Healthcare Ltd
49
How is this score calculated?
Financial strength9/25 pts

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

Employees11/15 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.

Longevity12/15 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.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/04/2025

Net Worth

£2k

Balance sheet strength

Cash

£122k

Cash in the bank

Net Current Assets

-£30k

Working capital

Current Assets

£308k

Current Liabilities

£338k

Fixed Assets

£382k

Debtors

£145k

9avg. employees+2

Balance Sheet

Intangible assets£375k
Bank loans & overdrafts£350k
Assets less current liabilities£352k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20250.91-£530
20241.05-£8k
20231.18-£120k
20221.80+£88k
20211.61-£14k
20201.66-£1k
20191.64-£9k
20181.42—

Derived from filed accounts. Not audited figures.