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Logical Holdings Limited

11688287

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

FLOOR 6 THE LUMEN ST JAMES BOULEVARD, NEWCASTLE UPON TYNE, NE4 5BZ
Incorporated 20/11/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

82990
Other business support service activities

Officers

Mr Gary Scott

director · Since 20/11/2018

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 56

Also on 3 other boards

Dr Helen Estyn-Jones

secretary · Since 25/02/2020

Persons with Significant Control

Mr Gary Scott

75–100% shares
75–100% votes
Appoint directors

British · United Kingdom · Age 56

Floor 6 The Lumen, St James Boulevard, Newcastle Upon Tyne, NE4 5BZ

Notified 20/11/2018

CompanyRankvs 8493+ SIC 82990 peers
72

Financial strength100th percentile among SIC peers · 25/25
Employees91th percentile among SIC peers · 14/15
LiquidityCurrent ratio 656.74× · 20/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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8493Logical Holdings Limited
81
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.

Liquidity20/20 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.

Risk deductions

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and parent company’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the director with respect to going concern

Key FinancialsYear ending 31/12/2023

Net Worth

£23.6M

Balance sheet strength

Cash

£16.9M

Cash in the bank

Net Current Assets

—

Working capital

Current Assets

£23.6M

Current Liabilities

£36k

Fixed Assets

£42k

Debtors

£6.8M

Admin Expenses

£45.0M

Profit After Tax

£5.1M

5avg. employees+1

Tax at Year End

Corp tax£0
Dividends paid-£4.6M

People Costs

Wages & salaries£31.5M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
2023656.74+£10.4M
2022189.81+£13.2M
20212454.05+£0
2020727.23—

Derived from filed accounts. Not audited figures.