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Logic Business 1 Limited

11417163

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

FLAT 10 5 LANCASTER ROAD, MANCHESTER, M20 2TY
Incorporated 15/06/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68310
Real estate agencies

Officers

Mr Pascal Joseph Emile Marie Corfmat

director · Since 25/06/2020

COMPANY DIRECTOR

FRENCH · ENGLAND · Age 61

Also on 1 other board

Persons with Significant Control

Mr Pascal Joseph Emilie Marie Corfmat

Significant control

French · Spain · Age 61

Flat 10, 5 Lancaster Road, Manchester, M20 2TY

Notified 26/11/2020

Former PSCs

Feed Mill Engineering Limited

Ceased 26/11/2020

Family'sh Limited

Ceased 26/11/2020

CompanyRankvs 14428+ SIC 68310 peers
47

Financial strength46th percentile among SIC peers · 12/25
Employees65th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.04× · 2/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength12/25 pts

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

Employees10/15 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.

Longevity8/15 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

£101

Balance sheet strength

Cash

£1k

Cash in the bank

Net Current Assets

-£986k

Working capital

Current Assets

£42k

Current Liabilities

£1.0M

Fixed Assets

£905k

Debtors

£41k

2avg. employees

Balance Sheet

Assets less current liabilities-£81k
Prepared with PTP Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.04
20230.03-£118k
20220.26+£18k
20210.74+£23k
20200.79

Derived from filed accounts. Not audited figures.