Logical Storage Solutions Limited

Logical Storage Solutions Ltd, based in Nuneaton, UK, is a small, holding company with an active status. Founded thirteen years ago in 2011, the company employs just four people and holds £1,072,237 in assets. It has a real address and is overseen by three directors and two owners. The company is an irregular importer, primarily dealing in toys, games, and sports equipment, with its last import operation recorded just one month ago in December 2024.

The company’s website showcases its role as a “one stop provider” of storage and workspace solutions, catering to both industrial and commercial environments. It offers services ranging from racking inspections and repairs to mezzanine flooring and office partitions, and even has an online shop. The site emphasizes health and safety, with a focus on compliance with regulations like CDM. It also highlights its ability to provide solutions for high-density warehouse storage, suggesting a focus on efficiency and optimisation.

Financially, Logical Storage Solutions Ltd presents a mixed picture. While cash bank holdings increased by a healthy 21% to £870,000, current assets also grew by 29% to £1,100,000. However, net assets only grew by a modest 6.9% to £260,000. Trade debtors have increased significantly, ballooning by 91% to £200,000, which could indicate a need to manage customer payments more closely. Creditors also increased, though at a more manageable 16% to £210,000. The company’s small size—meeting two of three criteria for a small company—allows for flexibility, but the increased debtors suggest potential cash flow challenges. The company is exempt from an audit, relying on unaudited accounts. It's interesting to note the significant deferred income, which has risen to £180,000, perhaps indicating a backlog of orders or pre-payments.

Registered in England/Wales under the registration number 07834216, with a registered address at CV13 0NW, England, Nuneaton, 12 Pipistrelle Drive, Market Bosworth.

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