Service Logic Limited

Service Logic Limited, based in St. Albans, UK, is a small, active company founded 26 years ago in 2000. With three employees and £3,325,982 in assets, it’s a solo-founded operation managed by one director and owner. The company operates from a real address and has a solid history, though its import and export activity is somewhat irregular – one month of importing electrical machinery and equipment in 2022, and two months of exporting machinery and parts in 2023.

The company’s website is not available, but the business seems to focus on repair of electronic and optical equipment, acting as agents for various goods, and installing industrial machinery. It’s a niche area, and the company’s longevity suggests a degree of expertise. It's a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50.

Financially, Service Logic Limited shows a mixed picture. Current assets increased by 13% to £3,300,000, while net assets increased by 9.2% to £3,200,000. Creditors increased significantly by 120% to £360,000, which could indicate increased investment or expansion. Bank borrowings are not mentioned. Trade debtors decreased slightly by -1.8% to £140,000. Cash reserves increased by 12% to £3,100,000. The company’s small size helps it stay nimble, but the increase in creditors raises questions about its ability to manage its debts. The company is not audited, relying on unaudited statements.

Overall, Service Logic Limited appears to be a stable, albeit small, business. Its long history and specialized services suggest a degree of resilience, but the increase in creditors warrants close monitoring. The company’s future likely depends on its ability to maintain its niche expertise and manage its finances effectively.

Registered in England/Wales under the registration number 03744002, with a registered address at AL3 8JP, St. Albans, Hertfordshire, Ver House - Unit J 55 London Road, Markyate.

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