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Logik Developments (Arundel Street) Limited

10336475

active
Private Limited Company
Companies House
Health Score
67 / 100

Some Concerns

25/30
Filing
10/30
Financial
32/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 4 outstanding charges (-8)

Details

CONCEPT HOUSE, KINGS LANGLEY, WD4 8UD
Incorporated 18/08/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate

Officers

Mr Neil David Spencer

director · Since 18/08/2016

DIRECTOR

BRITISH · UNITED KINGDOM · Age 51

Also on 6 other boards

Mr Tony Bhatti

director · Since 31/07/2017

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 60

Also on 8 other boards

Mr David Honeyman

director · Since 16/11/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 58

Also on 1 other board

Mr Robert John William Wotherspoon Aca

director · Since 16/11/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 59

Also on 54 other boards

Mr John Alistair Dempsey

secretary · Since 10/09/2024

Persons with Significant Control

Sir Robert Mcalpine Capital Ventures Limited

25–50% shares
25–50% votes

Concept House, Home Park Mill Link, Kings Langley, WD4 8UD

Reg: 09854957 · Companies House · Limited Company

Notified 16/11/2023

Logik Btr Limited

25–50% shares
25–50% votes

Vantage House, Euxton Lane, Chorley, PR7 6TB

Reg: 15247363 · Companies House · Limited Company

Notified 16/11/2023

Former PSCs

Mr Neil David Spencer

Ceased 16/11/2023

Mr Andrew Flintoff

Ceased 16/11/2023

Mr Tony Bhatti

Ceased 16/11/2023

Charges4 outstanding

Charge
outstanding

RAGLAN DEVELOPMENT LIMITED

Created 16/11/2023Registered 21/11/2023
Charge
outstanding

SSB CAPITAL LIMITED

Created 07/11/2017Registered 15/11/2017
Charge
outstanding

SSB CAPITAL LIMITED

Created 24/01/2017Registered 02/02/2017
Charge
outstanding

SSB CAPITAL LIMITED

Created 25/01/2017Registered 02/02/2017

CompanyRankvs 21606+ SIC 68100 peers
56

Financial strength99th percentile among SIC peers · 25/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0× · 2/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength25/25 pts

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

Employees14/15 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 31/03/2023

Net Worth

£7.2M

Balance sheet strength

Cash

£929

Cash in the bank

Net Current Assets

-£6.8M

Working capital

Current Assets

£2k

Current Liabilities

£6.8M

Fixed Assets

£16.2M

Debtors

£767

3avg. employees+1

Balance Sheet

Assets less current liabilities£9.4M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20230.00-£417k
20220.00
20210.27
20200.00

Derived from filed accounts. Not audited figures.