[Ai] Logic Technologies Ltd
12250425
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 08/10/2019
CHIEF EXECUTIVE
BRITISH · UNITED KINGDOM · Age 54
Also on 2 other boards
Persons with Significant Control
Mr Okiotor David Edoja
British · United Kingdom · Age 54
Catalyst House, 720 Centennial Ave, Borehamwood, WD6 3SY
Notified 08/10/2019
CompanyRankvs 21621+ SIC 62012 peers60
Show leaderboard
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 31/10/2024
Net Worth
£27k
Balance sheet strength
Cash
£33k
Cash in the bank
Net Current Assets
£27k
Working capital
Current Assets
£43k
Current Liabilities
£70k
Debtors
£10k
Tax at Year End(2023)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit | Est. Revenue |
|---|---|---|---|
| 2024 | 0.61 | +£25 | — |
| 2023 | 0.30 | -£34k | £685k |
| 2022 | 4.31 | +£50k | — |
| 2021 | 1.82 | — | — |
Derived from filed accounts. Not audited figures.