scan logic limited

scan logic limited Company Information

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Company Number

01728782

Industry

Business and domestic software development

 

Directors

Paul Spencer

Shareholders

paul spencer

Group Structure

View All

Contact

Registered Address

unit 16 heritage park, hayes way, cannock, staffordshire, WS11 7LT

scan logic limited Estimated Valuation

£40.9k

Pomanda estimates the enterprise value of SCAN LOGIC LIMITED at £40.9k based on a Turnover of £59.8k and 0.68x industry multiple (adjusted for size and gross margin).

scan logic limited Estimated Valuation

£3.9k

Pomanda estimates the enterprise value of SCAN LOGIC LIMITED at £3.9k based on an EBITDA of £925 and a 4.21x industry multiple (adjusted for size and gross margin).

scan logic limited Estimated Valuation

£24.8k

Pomanda estimates the enterprise value of SCAN LOGIC LIMITED at £24.8k based on Net Assets of £10.6k and 2.35x industry multiple (adjusted for liquidity).

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Scan Logic Limited Overview

Scan Logic Limited is a live company located in cannock, WS11 7LT with a Companies House number of 01728782. It operates in the business and domestic software development sector, SIC Code 62012. Founded in June 1983, it's largest shareholder is paul spencer with a 100% stake. Scan Logic Limited is a mature, micro sized company, Pomanda has estimated its turnover at £59.8k with healthy growth in recent years.

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Scan Logic Limited Health Check

Pomanda's financial health check has awarded Scan Logic Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

2 Strong

positive_score

1 Regular

positive_score

7 Weak

size

Size

annual sales of £59.8k, make it smaller than the average company (£4.1m)

£59.8k - Scan Logic Limited

£4.1m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 7%, show it is growing at a slower rate (11.5%)

7% - Scan Logic Limited

11.5% - Industry AVG

production

Production

with a gross margin of 43.6%, this company has a higher cost of product (73.8%)

43.6% - Scan Logic Limited

73.8% - Industry AVG

profitability

Profitability

an operating margin of 1.6% make it less profitable than the average company (4.1%)

1.6% - Scan Logic Limited

4.1% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (35)

1 - Scan Logic Limited

35 - Industry AVG

paystructure

Pay Structure

on an average salary of £70.9k, the company has an equivalent pay structure (£70.9k)

£70.9k - Scan Logic Limited

£70.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £59.8k, this is less efficient (£125.7k)

£59.8k - Scan Logic Limited

£125.7k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 92 days, this is later than average (56 days)

92 days - Scan Logic Limited

56 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 50 days, this is slower than average (39 days)

50 days - Scan Logic Limited

39 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Scan Logic Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Scan Logic Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 30.6%, this is a lower level of debt than the average (59.3%)

30.6% - Scan Logic Limited

59.3% - Industry AVG

SCAN LOGIC LIMITED financials

EXPORTms excel logo

Scan Logic Limited's latest turnover from June 2024 is estimated at £59.8 thousand and the company has net assets of £10.6 thousand. According to their latest financial statements, Scan Logic Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jun 2024Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Jun 2011Jun 2010
Turnover59,83648,92367,38749,52422,31916,6338,65310,2468,1424,49610,06712,12154,93334,78648,486
Other Income Or Grants000000000000000
Cost Of Sales33,76328,29737,81928,14312,7089,7835,0635,7874,6102,4995,6346,63128,77018,08626,459
Gross Profit26,07320,62529,56821,3819,6116,8503,5904,4603,5321,9974,4335,49026,16316,70022,027
Admin Expenses25,14818,21627,33817,6677,4974,512-4293,8965272,6696,6276,86034,79820,6205,271
Operating Profit9252,4092,2303,7142,1142,3384,0195643,005-672-2,194-1,370-8,635-3,92016,756
Interest Payable000000000000327961634
Interest Receivable000000013000010
Pre-Tax Profit9252,4092,2303,7142,1142,3384,0195653,008-672-2,194-1,370-8,962-4,88116,122
Tax-231-602-424-706-402-444-764-107-60100000-4,514
Profit After Tax6941,8071,8063,0081,7121,8943,2554582,406-672-2,194-1,370-8,962-4,88111,608
Dividends Paid000000000000000
Retained Profit6941,8071,8063,0081,7121,8943,2554582,406-672-2,194-1,370-8,962-4,88111,608
Employee Costs70,94466,19162,41359,17656,98460,31959,18157,02654,23553,72153,84451,85352,23750,27349,676
Number Of Employees111111111111111
EBITDA*9252,4092,2303,7142,1142,3384,0195643,209-103-1,624-591-7,636-1,92121,086

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jun 2024Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Jun 2011Jun 2010
Tangible Assets0405000000020477373241392,41294,411
Intangible Assets000000000000000
Investments & Other000000000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets0405000000020477373241392,41294,411
Stock & work in progress0000000050100100100400400450
Trade Debtors15,23412,03823,61116,7098,0965,9052,9093,3992,5421,3192,8393,35415,2019,70313,217
Group Debtors000000000000000
Misc Debtors000000000000000
Cash000000009485933343652148
misc current assets000000000000000
total current assets15,23412,03823,61116,7098,0965,9052,9093,3993,5401,4782,9723,48815,63710,15513,815
total assets15,23412,44323,61116,7098,0965,9052,9093,3993,5401,6823,7454,22016,050102,567108,226
Bank overdraft00000000000009,50010,000
Bank loan000000000000000
Trade Creditors 4,6652,56815,54310,4474,8424,3633,2617,0061,7812,4294,6473,89913,1705,3185,411
Group/Directors Accounts000000000000000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities000000000000000
total current liabilities4,6652,56815,54310,4474,8424,3633,2617,0061,7812,4294,6473,89913,17014,81815,411
loans00000000000005579,514
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities000000005,7235,6234,7963,8255,01419,3349,932
provisions000000000000000
total long term liabilities000000005,7235,6234,7963,8255,01419,89119,446
total liabilities4,6652,56815,54310,4474,8424,3633,2617,0067,5048,0529,4437,72418,18434,70934,857
net assets10,5699,8758,0686,2623,2541,542-352-3,607-3,964-6,370-5,698-3,504-2,13467,85873,369
total shareholders funds10,5699,8758,0686,2623,2541,542-352-3,607-3,964-6,370-5,698-3,504-2,13467,85873,369
Jun 2024Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Jun 2011Jun 2010
Operating Activities
Operating Profit9252,4092,2303,7142,1142,3384,0195643,005-672-2,194-1,370-8,635-3,92016,756
Depreciation000000002045695707799991,9994,330
Amortisation000000000000000
Tax-231-602-424-706-402-444-764-107-60100000-4,514
Stock0000000-50-5000-3000-50450
Debtors3,196-11,5736,9028,6132,1912,996-4908571,223-1,520-515-11,8475,498-3,51413,217
Creditors2,097-12,9755,0965,6054791,102-3,7455,225-648-2,218748-9,2717,852-935,411
Accruals and Deferred Income000000000000000
Deferred Taxes & Provisions000000000000000
Cash flow from operations-405405000004,875787-801-3612,285-5,2821,5508,316
Investing Activities
capital expenditure405-40500000000-611-1,09891,0000-98,741
Change in Investments000000000000000
cash flow from investments405-40500000000-611-1,09891,0000-98,741
Financing Activities
Bank loans000000000000000
Group/Directors Accounts000000000000000
Other Short Term Loans 000000000000000
Long term loans000000000000-557-8,9579,514
Hire Purchase and Lease Commitments000000000000000
other long term liabilities0000000-5,723100827971-1,189-14,3209,4029,932
share issue0000000-1010000-61,030-63061,761
interest000000013000-327-960-634
cash flow from financing0000000-5,823103827971-1,189-76,234-1,14580,573
cash and cash equivalents
cash0000000-94888926-1-2-16-96148
overdraft000000000000-9,500-50010,000
change in cash0000000-94888926-1-29,484404-9,852

scan logic limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Scan Logic Limited Competitor Analysis

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Perform a competitor analysis for scan logic limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in WS11 area or any other competitors across 12 key performance metrics.

scan logic limited Ownership

SCAN LOGIC LIMITED group structure

Scan Logic Limited has no subsidiary companies.

Ultimate parent company

SCAN LOGIC LIMITED

01728782

SCAN LOGIC LIMITED Shareholders

paul spencer 100%

scan logic limited directors

Scan Logic Limited currently has 1 director, Mr Paul Spencer serving since Sep 2008.

officercountryagestartendrole
Mr Paul Spencer55 years Sep 2008- Director

P&L

June 2024

turnover

59.8k

+22%

operating profit

925.3

0%

gross margin

43.6%

+3.36%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

June 2024

net assets

10.6k

+0.07%

total assets

15.2k

+0.22%

cash

0

0%

net assets

Total assets minus all liabilities

scan logic limited company details

company number

01728782

Type

Private limited with Share Capital

industry

62012 - Business and domestic software development

incorporation date

June 1983

age

41

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

June 2024

previous names

scanlogic limited (July 1983)

accountant

-

auditor

-

address

unit 16 heritage park, hayes way, cannock, staffordshire, WS11 7LT

Bank

-

Legal Advisor

-

scan logic limited Charges & Mortgages

A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.

We found 2 charges/mortgages relating to scan logic limited. Currently there are 2 open charges and 0 have been satisfied in the past.

scan logic limited Capital Raised & Share Issues BETA

When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.

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scan logic limited Companies House Filings - See Documents

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