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Logicel Ltd

13881013

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

520 HIGHLAND HOUSE 165 - 167 THE BROADWAY, LONDON, SW19 1NE
Incorporated 30/01/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities

Officers

Mr Akhil Srinivas

director · Since 03/04/2023

DIRECTOR

BRITISH · ENGLAND · Age 30

Persons with Significant Control

Mr Akhil Srinivas

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

British · England · Age 30

Apartment 43, York Road, London, SW11 3QF

Notified 03/04/2023

Former PSCs

Ms Jyotsna Seshetti

Ceased 03/04/2023

CompanyRankvs 84298+ SIC 62020 peers
41

Financial strength8th percentile among SIC peers · 2/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.87× · 6/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength2/25 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.

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.

Longevity4/15 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 31/01/2025

Net Worth

-£8k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£7k

Working capital

Current Assets

£52k

Current Liabilities

£60k

5avg. employees+3

Balance Sheet

Assets less current liabilities-£7k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20250.87-£10k
20241.09+£965
20231.06

Derived from filed accounts. Not audited figures.