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Logic Wireless Europe Limited

10250084

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

12A VICARAGE FARM BUSINESS PARK WINCHESTER ROAD, EASTLEIGH, SO50 7HD
Incorporated 24/06/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46520
Wholesale of electronic and telecommunications equipment and parts

Officers

Mr Neill Stanton Bailey

director · Since 01/12/2022

DIRECTOR

AUSTRALIAN · AUSTRALIA · Age 46

Also on 1 other board

Mr William Roy Rowe

director · Since 01/12/2022

DIRECTOR

AUSTRALIAN · AUSTRALIA · Age 69

Persons with Significant Control

Former PSCs

Logic Technologies Limited

Ceased 01/12/2022

Cse Technologies Pte. Limited

Ceased 20/05/2026

CompanyRankvs 709+ SIC 46520 peers
75

Financial strength92th percentile among SIC peers · 23/25
Employees44th percentile among SIC peers · 7/15
LiquidityCurrent ratio 3.46× · 20/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength23/25 pts

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

Employees7/15 pts

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

Liquidity20/20 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.

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

Key FinancialsYear ending 31/12/2024

Net Worth

£801k

Balance sheet strength

Cash

£119k

Cash in the bank

Net Current Assets

£132k

Working capital

Current Assets

£186k

Current Liabilities

£54k

Fixed Assets

£964

Debtors

£41k

1avg. employees

Balance Sheet

Assets less current liabilities£133k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20243.46+£0
20235.37+£637k
20221.32-£80k
20212.37+£818k
20200.78-£130k
20191.65-£63k
20185.05

Derived from filed accounts. Not audited figures.