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Logic Heating & Pipework Solutions Ltd

09766435

active
Private Limited Company
england wales
Companies House
Health Score
83 / 100

Healthy

25/30
Filing
20/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • 1 outstanding charge (-2)

Details

15 BLANTYRE ROAD, MANCHESTER, M27 5ER
Incorporated 08/09/2015

Compliance

Last accounts

27/09/2024

total exemption full

Next accounts due

27/06/2026

On track

Confirmation statement

Last: 09/11/2025

Due 23/11/2026

On track

Industry

43220
Plumbing, heat and air-conditioning installation

Officers

Miss Sarah Abigail Candland

secretary · Since 08/09/2015

Mr Nicholas Candland

director · Since 08/09/2015

DIRECTOR

BRITISH · ENGLAND · Age 52

Also on 1 other board

Persons with Significant Control

Mr Nicholas Candland

75–100% shares

British · England · Age 52

15, Blantyre Road, Manchester, M27 5ER

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 18/01/2021Registered 26/01/2021

CompanyRankvs 12069+ SIC 43220 peers
51

Financial strength39th percentile among SIC peers · 10/25
Employees89th percentile among SIC peers · 13/15
LiquidityCurrent ratio 1.13× · 12/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength10/25 pts

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

Employees13/15 pts

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

Liquidity12/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity11/15 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 27/09/2024

Net Worth

£987

Balance sheet strength

Cash

£4k

Cash in the bank

Net Current Assets

£33k

Working capital

Current Assets

£276k

Current Liabilities

£244k

Fixed Assets

£46k

Debtors

£202k

5avg. employees-4

Tax at Year End(2019)

Corp tax£3k

Balance Sheet

Bank loans & overdrafts£44k
Assets less current liabilities£78k
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20241.13
20231.02-£15k
20221.02+£7k
20211.09+£5k
20201.15
20190.89
20180.67

Derived from filed accounts. Not audited figures.