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2logic Ltd

09827853

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

SUITE K10, THE CHUBB BUILDINGS, WOLVERHAMPTON, WV1 1HT
Incorporated 16/10/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities

Officers

Mr Liam Brian Wordley

director · Since 16/10/2015

PROPERTY DEVELOPER

BRITISH · UNITED KINGDOM · Age 46

Also on 20 other boards

Mr Gary Roy Norwood

director · Since 02/02/2016

IT

BRITISH · ENGLAND · Age 44

Mr Karl David Bellingham

director · Since 08/12/2016

COMPUTER ENGINEER

BRITISH · ENGLAND · Age 45

Persons with Significant Control

Mr Liam Brian Wordley

25–50% shares

British · United Kingdom · Age 46

Suite K10, The Chubb Buildings, Fryer Street, Wolverhampton, WV1 1HT

Notified 01/07/2016

Mr Karl David Bellingham

25–50% shares

British · England · Age 45

Suite K10, The Chubb Buildings, Fryer Street, Wolverhampton, WV1 1HT

Notified 16/10/2017

Mr Gary Roy Norwood

25–50% shares

British · England · Age 44

Suite K10, The Chubb Buildings, Fryer Street, Wolverhampton, WV1 1HT

Notified 16/10/2017

CompanyRankvs 13525+ SIC 62020 peers
79

Financial strength88th percentile among SIC peers · 22/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.69× · 16/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
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135252logic Ltd
74
How is this score calculated?
Financial strength22/25 pts

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

Employees15/15 pts

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

Liquidity16/20 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.

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

Key FinancialsYear ending 31/10/2024

Net Worth

£103k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£93k

Working capital

Current Assets

£228k

Current Liabilities

£135k

Fixed Assets

£10k

10avg. employees

Balance Sheet

Assets less current liabilities£103k
Signed by K D Bellingham G R Norwood 21 July 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.69+£10k
20231.77+£6k
20221.65+£19k
20211.64+£10k
20201.43+£39k
20191.11+£5k
20181.04—

Derived from filed accounts. Not audited figures.