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Logical Absurdity Limited

10329635

liquidation
Private Limited Company
Companies House
Health Score
N/A

Details

UNIT 2.01 HOLLINWOOD BUSINESS CENTRE, HOLLINWOOD, OL8 3QL
Incorporated 15/08/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

73110
Advertising agencies

Officers

Mr Jon Buchan

director · Since 15/08/2016

DIRECTOR

BRITISH · ENGLAND · Age 42

Also on 1 other board

Mr Gary Buchan

director · Since 01/08/2019

DIRECTOR

BRITISH · ENGLAND · Age 49

Also on 2 other boards

Persons with Significant Control

Mr Jon Buchan

Significant control

British · England · Age 42

Unit 2.01 Hollinwood Business Centre, Albert Street, Hollinwood, OL8 3QL

Notified 15/08/2016

Mr Gary Buchan

25–50% shares
25–50% votes

British · England · Age 49

Unit 2.01 Hollinwood Business Centre, Albert Street, Hollinwood, OL8 3QL

Notified 01/08/2019

CompanyRankvs 15+ SIC 73110 peers
37

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 1.4× · 12/20
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 strength0/25 pts

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

Employees0/15 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.

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 31/08/2024

Net Worth

£875

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£36k

Working capital

Current Assets

£126k

Current Liabilities

£90k

Fixed Assets

£4k

2avg. employees

Balance Sheet

Assets less current liabilities£40k

EstimatesDerived

YearCurrent Ratio
20241.40
20231.15

Derived from filed accounts. Not audited figures.