Logicor (ch) Limited

Logicor Ch Ltd from Wakefield UK: a small holding company with an active status, was founded twelve years ago in 2012. The company employs twenty people and holds assets worth £2,242,457. It operates from a real address and is overseen by three directors and three owners. Regular importing of electrical machinery and equipment has been ongoing for six months.

The company’s website, Logicor Heating, focuses on providing low-carbon heating solutions, particularly for social housing and new build properties. They specialize in infrared heat panels, positioning them as a practical and sustainable alternative to heat pumps, especially in flats and small homes. The site highlights case studies demonstrating cost savings and reduced CO2 emissions for housing providers. Ambion, the brand name, emphasizes its mission to heat homes better, offering spacesaving, affordable, and easy-to-use heating systems. They’ve partnered with Mixergy to provide accessible, eco-friendly solutions, and even have a blog with industry updates. The website clearly indicates an e-commerce model, with a focus on sales and support contact information prominently displayed.

Financially, Logicor Ch Ltd shows some concerning trends. While cash reserves increased by 64%, reaching £99,000, current assets decreased by 1.1% to £2,200,000. Bank borrowings remained relatively stable, but a significant drop in retained earnings—a 14% decrease to -£17,000,000—is notable. Creditors increased by 27%, reaching £190,000, suggesting a reliance on external financing. The company’s small size—meeting two of three conditions for classification—helps with agility, but the equity decline warrants closer attention. No auditor is mentioned, likely due to the small company exemption.

Overall, Logicor Ch Ltd appears to be a stable, albeit small, business with a growing focus on low-carbon heating. However, the negative equity and increased creditors suggest the company is facing financial pressures that need to be addressed.

Registered in England/Wales under the registration number 08133849, with a registered address at WF2 7AZ, England, Wakefield, Suite 7, Bizspace Wakefield Business Centre Thornes Mill, Denby Dale Road.

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