Logic World Developments Limited
10290083
Some Concerns
- Current liabilities exceed current assets (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 21/07/2016
BUSINESS DEVELOPMENT
BRITISH · UNITED KINGDOM · Age 46
Also on 8 other boards
Persons with Significant Control
Mr Jasdeep Singh Bains
British · United Kingdom · Age 46
5 Tempest Road, Birstall, Leicester, LE4 3BD
Notified 21/07/2016
Charges1 outstanding
BARCLAYS SECURITY TRUSTEE LIMITED
CompanyRankvs 17019+ SIC 41201 peers36
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/07/2025
Net Worth
£18k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£33k
Working capital
Current Assets
£19k
Current Liabilities
£52k
Fixed Assets
£59k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.36 | +£7k |
| 2024 | 0.58 | +£7k |
| 2023 | 0.04 | +£686 |
| 2022 | 0.16 | -£899 |
| 2021 | 0.90 | -£12k |
| 2020 | 0.73 | -£20k |
| 2019 | 0.08 | -£11k |
| 2018 | 0.10 | — |
Derived from filed accounts. Not audited figures.