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Layers Logic It Limited

11623730

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

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

Details

20-22 WENLOCK ROAD, LONDON, N1 7GU
Incorporated 15/10/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities

Officers

Mr Akmal Nawaz Syed

director · Since 15/10/2018

INFORMATION TECHNOLOGY SERVICES

ITALIAN · ENGLAND · Age 45

Also on 3 other boards

Mr Akmal Nawaz Syed

secretary · Since 10/08/2025

Also on 3 other boards

Persons with Significant Control

Akmal Nawaz Syed

75–100% shares
ownership-of-shares-75-to-100-percent-as-trust
ownership-of-shares-75-to-100-percent-as-firm

13, Via Alessandro Volta, 13, Cesano Maderno, 20811

Notified 13/08/2025

Former PSCs

Mr Akmal Nawaz Syed

Ceased 10/07/2025

Muhammad Uzair Jahanzeb

Ceased 10/08/2025

Charges0 outstanding

Charge
satisfied

MARKETFINANCE LIMITED

Created 04/03/2021Registered 04/03/2021Satisfied 22/06/2023

CompanyRankvs 82479+ SIC 62020 peers
43

Financial strength37th percentile among SIC peers · 9/25
Employees36th percentile among SIC peers · 5/15
LiquidityCurrent ratio 0.97× · 6/20
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 strength9/25 pts

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

Employees5/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 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 31/10/2023

Net Worth

£156

Balance sheet strength

Cash

£19k

Cash in the bank

Net Current Assets

-£16k

Working capital

Current Assets

£503k

Current Liabilities

£519k

Fixed Assets

£16k

Debtors

£484k

1avg. employees

Tax at Year End

VAT£52k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20230.97£1.0M
20221.01+£46k£319k
20210.80-£32k
20200.92-£29k£311k
20191.29

Derived from filed accounts. Not audited figures.