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Logic Motor Group Ltd

12497183

active - proposal to strike off
Private Limited Company
Companies House
Health Score
N/A

Details

46 PARK PLACE, LEEDS, LS1 2RY
Incorporated 04/03/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45111
Sale of new cars and light motor vehicles
45112
Sale of used cars and light motor vehicles
77110
Renting and leasing of cars and light motor vehicles

Officers

Mr Aaron Jayden Iredale

director · Since 04/03/2020

DIRECTOR

BRITISH · ENGLAND · Age 31

Also on 7 other boards

Mr Craig David Goulding

director · Since 14/09/2020

DIRECTOR

BRITISH · ENGLAND · Age 39

Persons with Significant Control

Mr Aaron Jayden Iredale

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

British · England · Age 31

46, Park Place, Leeds, LS1 2RY

Notified 04/03/2020

CompanyRankvs 1765+ SIC 45111 peers
44

Financial strength61th percentile among SIC peers · 15/25
Employees37th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0.13× · 2/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
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90
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89
5Squire Furneaux Cobham Limited
89
6Dale'S Central Motors Limited
89
7F. Vindis & Sons (Sawston) Limited
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8Cawdor Cars (Newcastle Emlyn) Limited
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9Arthur Bassett & Co. Limited
89
10Piccadilly Motors Limited
89
1765Logic Motor Group Ltd
44
How is this score calculated?
Financial strength15/25 pts

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

Employees6/15 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.

Longevity6/15 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 31/03/2023

Net Worth

£54k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£54k

Working capital

Current Assets

£8k

Current Liabilities

£62k

1avg. employees

Balance Sheet

Assets less current liabilities£54k
Prepared with Companies House

EstimatesDerived

YearCurrent Ratio
20230.13

Derived from filed accounts. Not audited figures.