Back to search

Ethics Logic Limited

13349410

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

124 CITY ROAD, LONDON, EC1V 2NX
Incorporated 21/04/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46520
Wholesale of electronic and telecommunications equipment and parts
46900
Non-specialised wholesale trade
73110
Advertising agencies
74100
Specialised design activities

Officers

Mr Muneeb Rahman

secretary · Since 21/04/2021

Mr Muneeb Ur Rahman Butt

director · Since 21/04/2021

DIRECTOR

BRITISH · UNITED KINGDOM · Age 32

Also on 2 other boards

Mr Usman Aslam Qureshi

director · Since 12/06/2025

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 35

Persons with Significant Control

Mr Muneeb Rahman

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

British · United Kingdom · Age 32

Kemp House, 160 City Road, London, EC1V 2NX

Notified 21/04/2021

CompanyRankvs 3345+ SIC 46520 peers
33

Financial strength15th percentile among SIC peers · 4/25
Employees44th percentile among SIC peers · 7/15
LiquidityCurrent ratio 0.2× · 2/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength4/25 pts

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

Employees7/15 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.

Longevity5/15 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 30/04/2025

Net Worth

-£618

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£618

Working capital

Current Assets

£152

Current Liabilities

£770

1avg. employees

Balance Sheet

Assets less current liabilities-£618
Prepared with FreeAgent

EstimatesDerived

YearCurrent Ratio
20250.20
20240.22
20230.35
20220.19

Derived from filed accounts. Not audited figures.