Back to search

Logs2buy Limited

09001641

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Negative net worth (-10)

Details

HOPE BARN MARKET RASEN ROAD, LINCOLN, LN2 3RD
Incorporated 17/04/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

32990
Other manufacturing

Officers

Mr Matthew Ashley Patnick

director · Since 17/04/2014

PRODUCER

BRITISH · UNITED KINGDOM · Age 60

Also on 3 other boards

Persons with Significant Control

Mr Matthew Ashley Patnick

75–100% shares

English · England · Age 70

The White House, Fosse Road, Newark, NG24 3SF

Notified 17/04/2017

CompanyRankvs 10462+ SIC 32990 peers
39

Financial strength7th percentile among SIC peers · 2/25
Employees51th percentile among SIC peers · 8/15
LiquidityCurrent ratio 0.25× · 2/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength2/25 pts

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

Employees8/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 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.

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

-£31k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£30k

Working capital

Current Assets

£10k

Current Liabilities

£40k

2avg. employees

Balance Sheet

Assets less current liabilities-£30k
Prepared with BTCSoftware AP Solution 2025 12.1.02

EstimatesDerived

YearCurrent RatioImplied Profit
20250.25-£138
20240.54-£2k
20230.72-£3k
20220.65-£6k
20210.63-£14k
20200.46-£3k
20190.62

Derived from filed accounts. Not audited figures.