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Logical Property Development Ltd

10109884

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
20/30
Financial
30/40
Risk
  • No accounts filed in last 18 months (-5)
  • 6 outstanding charges (-10)

Details

128 CITY ROAD, LONDON, EC1V 2NX
Incorporated 07/04/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Mandeep Singh Sidhu

director · Since 07/04/2016

ENGINEER

BRITISH · UNITED KINGDOM · Age 45

Also on 1 other board

Mr Amardeep Singh Sidhu

director · Since 22/09/2016

PROJECT MANAGER

BRITISH · ENGLAND · Age 48

Also on 6 other boards

Persons with Significant Control

Mr Mandeep Singh Sidhu

25–50% shares
25–50% votes

British · United Kingdom · Age 45

128, City Road, London, EC1V 2NX

Notified 17/09/2016

Mr Amardeep Singh Sidhu

25–50% shares
25–50% votes

British · England · Age 48

128, City Road, London, EC1V 2NX

Notified 17/09/2016

Charges6 outstanding

Charge
outstanding

LANDBAY PARTNERS LIMITED

Created 23/04/2021Registered 06/05/2021
Charge
satisfied

LANDBAY PARTNERS LIMITED

Created 24/04/2021Registered 30/04/2021Satisfied 13/05/2021
Charge
outstanding

PRECISE MORTGAGES

Created 13/10/2020Registered 28/10/2020
Charge
outstanding

THE MORTGAGE WORKS (UK) PLC

Created 01/07/2020Registered 07/07/2020
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 20/10/2017Registered 25/10/2017
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 11/10/2017Registered 17/10/2017
Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 07/03/2017Registered 08/03/2017Satisfied 28/01/2021
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 21/02/2017Registered 22/02/2017
Charge
satisfied

ROMACO SPV 2 LIMITED

Created 09/12/2016Registered 12/12/2016Satisfied 19/12/2019
Charge
satisfied

ROMACO SPV 2 LIMITED

Created 09/12/2016Registered 12/12/2016Satisfied 19/12/2019

CompanyRankvs 73088+ SIC 68209 peers
48

Financial strength75th percentile among SIC peers · 19/25
Employees77th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.01× · 2/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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73088Logical Property Development Ltd
58
How is this score calculated?
Financial strength19/25 pts

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

Employees12/15 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.

Longevity10/15 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 30/09/2024

Net Worth

£73k

Balance sheet strength

Cash

£2k

Cash in the bank

Net Current Assets

-£348k

Working capital

Current Assets

£4k

Current Liabilities

£353k

Fixed Assets

£762k

Debtors

£2k

2avg. employees

Tax at Year End(2021)

Corp tax£2k

Balance Sheet

Assets less current liabilities£414k
Prepared with BTCSoftware AP Solution 2025 12.1.01

EstimatesDerived

YearCurrent RatioImplied Profit
20240.01-£6k
20230.01+£6k
20210.02+£12k
20200.01+£10k
20190.12+£35k
20180.09—

Derived from filed accounts. Not audited figures.