Logical Technologies (uk) Limited

Logical Technologies (uk) Limited, based in Shrewsbury, UK, is a small, active company founded nineteen years ago in 2005. With ten employees and £537,762 in assets, it operates from a real address at Shrewsbury Business Park. The company is led by a single director and owner, Davies Christopher John, who also serves as a Chartered electronic engineer. Google users have rated it a perfect 5.0 based on one review. It’s an irregular importer, primarily dealing in electrical machinery and equipment, with its last import operation recorded in December 2022.

The company’s website is minimal, providing little insight into its specific operations beyond a general description of its services. It appears to operate in several industries, including the manufacture of electronic wires and cables, IT consultancy, engineering, and specialised design. It’s unclear whether the company has an e-commerce presence or primarily operates through business-to-business sales.

Financially, Logical Technologies (uk) Limited presents a mixed picture. While current assets increased by a modest 1.3% to £540,000, net assets grew by a more substantial 3.8% to £470,000. Bank borrowings are stable, and cash reserves have increased by 5.6% to £180,000. However, other creditors have surged by 500%, reaching £8,200, and trade debtors have plummeted by 85%, suggesting a significant change in customer payment patterns. 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 sudden increase in other creditors warrants further investigation. As a small company, it is exempt from an audit, so the figures are unaudited.

Overall, Logical Technologies (uk) Limited seems to be holding its own, but the fluctuating financial trends suggest a need for careful management and monitoring.

Registered in England/Wales under the registration number 05543652, with a registered address at SY2 6LG, Shrewbury, Belmont House, Shrewsbury Business Park.

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