Logic Rc Limited

Logic RC Limited, based in Hertford, UK, is a small, active company established seventeen years ago in 2008. With fourteen employees and £1,247,773 in assets, it operates from a real address and is managed by three directors and two owners. The company boasts a stellar 5.0 Google rating from 26 reviews, a testament to its customer service. It’s a regular importer of electrical machinery and equipment, with 180 months of import activity recorded, and occasionally exports toys, games, and sports equipment, with three months of export activity.

The company's website, though not detailed, indicates a focus on non-specialised wholesale trade, suggesting a business-to-business model rather than direct consumer sales. It's likely they supply other businesses with goods, rather than selling directly to the public.

Financially, Logic RC Limited presents a mixed picture. Current assets have increased by 21% to £1,200,000, and net assets have also risen by 9.7% to £820,000. Cash reserves have seen a healthy boost, increasing by 33% to £610,000. However, trade debtors have risen significantly by 56%, suggesting potential issues with customer payments, or perhaps a deliberate strategy to offer more credit. Creditors have also increased by 46%, which could be due to increased stock purchases to meet demand. The company’s size—meeting two of three conditions for being classified as small—allows for flexibility, but the rise in debtors warrants closer attention. As a small company, Logic RC Limited is exempt from an audit, so the figures are unaudited.

Overall, Logic RC Limited appears to be in a reasonably stable position, with growing assets and healthy cash reserves. However, the increase in debtors should be monitored closely to ensure it doesn’t impact future cash flow.

Registered in England/Wales under the registration number 06520169, with a registered address at SG14 1QN, Hertford, 12-18 Hartham Lane.

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