Logic Qa Ltd
10519567
Healthy
- Negative net worth (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Usman Mahmood
British · United Kingdom · Age 48
22, Highlands Grove, Bradford, BD7 4BG
Notified 09/12/2016
Mrs Fozia Minhas
Austrian · England · Age 45
22, Highlands Grove, Bradford, BD7 4BG
Notified 01/12/2024
CompanyRankvs 89302+ SIC 82990 peers49
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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.
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
-£28k
Balance sheet strength
Cash
£28k
Cash in the bank
Net Current Assets
£7k
Working capital
Current Assets
£39k
Current Liabilities
£31k
Fixed Assets
£11k
Debtors
£10k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit | Est. Revenue |
|---|---|---|---|
| 2024 | 1.24 | +£12k | £442k |
| 2023 | 0.58 | -£8k | £357k |
| 2022 | 0.79 | +£3k | £274k |
| 2021 | 0.70 | -£34k | £207k |
| 2020 | 0.89 | +£2k | — |
| 2019 | 5.11 | -£6k | — |
| 2018 | 1.03 | — | — |
Derived from filed accounts. Not audited figures.