Logicall Uk Limited

Logicall UK Limited, based in Feltham, UK, is a holding company with a long history, having been active for 54 years. Employing 91 people and boasting assets of £11,352,187, the company operates from a real address and is overseen by four directors and one owner. Logicall UK Limited is a regular importer and exporter of electrical machinery and equipment, with 9 months of import activity and 42 months of export activity recorded.

The company’s website, Logicall Monitoring, positions itself as an IoT solutions provider, specializing in monitoring systems for various industries. They offer a wide range of sensors and solutions, including temperature, humidity, air quality, and asset tracking, catering to sectors like healthcare, hospitality, education, and manufacturing. Their offerings extend beyond simple data collection, providing predictive maintenance, digital compliance, and smart metering capabilities. The website emphasizes plug-and-play devices, user-friendly dashboards, and tailored solutions for businesses seeking to optimize operations.

Financially, Logicall UK Limited shows a mixed picture. While net assets increased by a substantial 88%, reaching £12 million, current assets experienced a 33% drop to £11 million. Bank borrowings increased significantly, rising by 100%, reaching £6.1 million, and cash reserves plummeted 97%, leaving just £22,000. Creditors decreased by 42%, suggesting improved debt management, but the sharp decline in cash raises concerns. Trade debtors also saw a significant increase of 93%, indicating potential issues with customer payments. The company's auditor, Blick Rothenberg Audit LLP, has reported on the accounts, and the financial statements are unaudited.

The company’s focus on IoT solutions and predictive maintenance suggests a move towards higher-value services, but the decline in cash reserves warrants close attention. The increase in bank borrowings may be a strategic move to fund growth, but it also introduces financial risk. It’s likely the company is investing in new technologies and expanding its customer base, but the financial figures highlight the challenges of scaling a technology-driven business.

Registered in England/Wales under the registration number 00981771, with a registered address at TW14 0HS, England, Feltham, Unit 1, The Griffin Centre, Staines Road.

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