Logic Energy Ltd

Logic Energy Ltd is a small, holding company based in Renfrew, UK, with an active status. Founded eighteen years ago in 2007, the company employs just six people and holds £506,110 in assets. It operates from a virtual address – seventy-four companies registered at the same address – and is managed by four directors and two owners. Its Google rating stands at a perfect 5.0 based on two reviews. The company regularly imports and exports optical and medical tools and devices, with twenty-two months of import activity and forty-seven months of export activity recorded.

Logic Energy Ltd’s website is simple, featuring a contact form and a thank you message. It suggests a business focused on customer communication rather than extensive online sales. The company operates in the other information technology service activities, the other professional, scientific and technical activities n.e.c. industries.

Financially, Logic Energy Ltd presents a mixed picture. Current assets declined by 2.4% to £510,000, while net assets fell by 5.5% to £460,000. Cash bank on hand decreased by 6.7% to £240,000. Trade debtors increased by 6.8% to £140,000, while creditors rose by 11% to £63,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the decrease in equity warrants attention. With no auditor mentioned, the figures are unaudited. The company’s bank borrowings surged by 2,400%, reaching £29,000. It's a little concerning, but could be a temporary situation.

Registered in Scotland under the registration number SC323404, with a registered address at PA4 8WF, Scotland, Renfrew, Titanium 1 Kings Inch Place.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.