logix business services ltd

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logix business services ltd Company Information

Share LOGIX BUSINESS SERVICES LTD

Company Number

06833898

Directors

Mohammed Mhar

Shareholders

shirley mhar & mohammed aziz mhar

Group Structure

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Industry

Management of real estate on a fee or contract basis

 

Registered Address

halifax house, 93-101 bridge street, manchester, M3 2GX

logix business services ltd Estimated Valuation

£220.2k

Pomanda estimates the enterprise value of LOGIX BUSINESS SERVICES LTD at £220.2k based on a Turnover of £141.3k and 1.56x industry multiple (adjusted for size and gross margin).

logix business services ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of LOGIX BUSINESS SERVICES LTD at £0 based on an EBITDA of £-26.5k and a 4.11x industry multiple (adjusted for size and gross margin).

logix business services ltd Estimated Valuation

£135.5k

Pomanda estimates the enterprise value of LOGIX BUSINESS SERVICES LTD at £135.5k based on Net Assets of £74.5k and 1.82x industry multiple (adjusted for liquidity).

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Logix Business Services Ltd Overview

Logix Business Services Ltd is a live company located in manchester, M3 2GX with a Companies House number of 06833898. It operates in the management of real estate on a fee or contract basis sector, SIC Code 68320. Founded in March 2009, it's largest shareholder is shirley mhar & mohammed aziz mhar with a 100% stake. Logix Business Services Ltd is a established, micro sized company, Pomanda has estimated its turnover at £141.3k with high growth in recent years.

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Logix Business Services Ltd Health Check

Pomanda's financial health check has awarded Logix Business Services Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

3 Strong

positive_score

1 Regular

positive_score

6 Weak

size

Size

annual sales of £141.3k, make it smaller than the average company (£414k)

£141.3k - Logix Business Services Ltd

£414k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 20%, show it is growing at a faster rate (6.1%)

20% - Logix Business Services Ltd

6.1% - Industry AVG

production

Production

with a gross margin of 15.4%, this company has a higher cost of product (58%)

15.4% - Logix Business Services Ltd

58% - Industry AVG

profitability

Profitability

an operating margin of -18.8% make it less profitable than the average company (7.7%)

-18.8% - Logix Business Services Ltd

7.7% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (6)

2 - Logix Business Services Ltd

6 - Industry AVG

paystructure

Pay Structure

on an average salary of £9.1k, the company has a lower pay structure (£40k)

£9.1k - Logix Business Services Ltd

£40k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £70.6k, this is less efficient (£101.5k)

£70.6k - Logix Business Services Ltd

£101.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 444 days, this is later than average (46 days)

444 days - Logix Business Services Ltd

46 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 297 days, this is slower than average (30 days)

297 days - Logix Business Services Ltd

30 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Logix Business Services Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Logix Business Services Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 56.7%, this is a similar level of debt than the average (60.2%)

56.7% - Logix Business Services Ltd

60.2% - Industry AVG

LOGIX BUSINESS SERVICES LTD financials

EXPORTms excel logo

Logix Business Services Ltd's latest turnover from March 2024 is £141.3 thousand and the company has net assets of £74.5 thousand. According to their latest financial statements, Logix Business Services Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover141,28594,382137,70581,25276,82159,33325,83427,47122,40721,065187,088152,76813,14320,228
Other Income Or Grants
Cost Of Sales119,57178,527115,36069,39263,47448,68120,94521,76118,41517,928160,979135,61311,6661,000
Gross Profit21,71415,85522,34511,86013,34710,6524,8895,7093,9933,13726,10917,1551,47719,228
Admin Expenses48,224136,902-15,64630,5163,240-19,0742,75510,929-454-6,46822,44926,9472,35319,488
Operating Profit-26,510-121,04737,991-18,65610,10729,7262,134-5,2204,4479,6053,660-9,792-876-260
Interest Payable
Interest Receivable42591191558113
Pre-Tax Profit-26,510-121,04737,991-18,65610,10730,0032,194-5,1784,5069,7243,816-9,711-863-260
Tax-7,218-1,920-5,925-417-901-2,042-878
Profit After Tax-26,510-121,04730,773-18,6568,18724,0781,777-5,1783,6057,6822,938-9,711-863-260
Dividends Paid
Retained Profit-26,510-121,04730,773-18,6568,18724,0781,777-5,1783,6057,6822,938-9,711-863-260
Employee Costs18,22715,12016,67331,90867,4036,75513,31031,74235,34732,85332,72131,58331,6556,000
Number Of Employees22232111111111
EBITDA*-26,510-121,04737,991-17,84210,10729,7262,342-5,2204,6979,9383,660-9,792-876-260

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets3,9361,94430,0001,1842,2201,6371,887
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets3,9361,94430,0001,1842,2201,6371,887
Stock & work in progress
Trade Debtors172,069146,820137,18462,28632,73036,16230,9949,8984,5891,39238,44626,7883,2912,500
Group Debtors
Misc Debtors
Cash24,1249,10514,51733,15329,0183,2122,043
misc current assets
total current assets172,069146,820137,18462,28632,73036,16230,99434,02213,69415,90971,59955,8066,5034,543
total assets172,069146,820141,12064,23062,73036,16232,17836,24215,33117,79671,59955,8066,5034,543
Bank overdraft
Bank loan
Trade Creditors 97,56178,270102,64696,33932,78314,40230,40034,63611,93918,00979,49466,6393,625
Group/Directors Accounts4,452
other short term finances
hp & lease commitments
other current liabilities350
total current liabilities97,56178,270102,64696,33932,78314,40230,40034,63611,93918,00979,49466,6393,6254,802
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities4,000
provisions
total long term liabilities4,000
total liabilities97,56178,270102,64696,33932,78314,40230,40034,63611,93918,00979,49466,6397,6254,802
net assets74,50868,55038,474-32,10929,94721,7601,7781,6063,392-213-7,895-10,833-1,122-259
total shareholders funds74,50868,55038,474-32,10929,94721,7601,7781,6063,392-213-7,895-10,833-1,122-259
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit-26,510-121,04737,991-18,65610,10729,7262,134-5,2204,4479,6053,660-9,792-876-260
Depreciation814208250333
Amortisation
Tax-7,218-1,920-5,925-417-901-2,042-878
Stock
Debtors25,2499,63674,89829,556-3,4325,16821,0965,3093,197-37,05411,65823,4977912,500
Creditors19,291-24,3766,30763,55618,381-15,998-4,23622,697-6,070-61,48512,85563,0143,625
Accruals and Deferred Income-350350
Deferred Taxes & Provisions
Cash flow from operations-32,468-155,059-37,81816,15830,0002,635-23,40712,168-5,471-16,5353,97929,7251,608-2,410
Investing Activities
capital expenditure3,936-1,99227,242-30,0001,184828-583-2,220
Change in Investments
cash flow from investments3,936-1,99227,242-30,0001,184828-583-2,220
Financing Activities
Bank loans
Group/Directors Accounts-4,4524,452
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities-4,0004,000
share issue32,468151,12339,810-43,400-4,096-1,6053,3921
interest42591191558113
cash flow from financing32,468151,12339,810-43,400-4,096-1,6053,43459119155-3,919-4394,453
cash and cash equivalents
cash-24,12415,019-5,412-18,6364,13525,8061,1692,043
overdraft
change in cash-24,12415,019-5,412-18,6364,13525,8061,1692,043

logix business services ltd 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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Logix Business Services Ltd Competitor Analysis

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Perform a competitor analysis for logix business services ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in M 3 area or any other competitors across 12 key performance metrics.

logix business services ltd Ownership

LOGIX BUSINESS SERVICES LTD group structure

Logix Business Services Ltd has no subsidiary companies.

Ultimate parent company

LOGIX BUSINESS SERVICES LTD

06833898

LOGIX BUSINESS SERVICES LTD Shareholders

shirley mhar & mohammed aziz mhar 100%

logix business services ltd directors

Logix Business Services Ltd currently has 1 director, Mr Mohammed Mhar serving since Mar 2024.

officercountryagestartendrole
Mr Mohammed MharUnited Kingdom57 years Mar 2024- Director

P&L

March 2024

turnover

141.3k

+50%

operating profit

-26.5k

0%

gross margin

15.4%

-8.51%

turnover

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

Balance Sheet

March 2024

net assets

74.5k

+0.09%

total assets

172.1k

+0.17%

cash

0

0%

net assets

Total assets minus all liabilities

logix business services ltd company details

company number

06833898

Type

Private limited with Share Capital

industry

68320 - Management of real estate on a fee or contract basis

incorporation date

March 2009

age

16

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

March 2024

previous names

N/A

accountant

-

auditor

-

address

halifax house, 93-101 bridge street, manchester, M3 2GX

Bank

-

Legal Advisor

-

logix business services ltd 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 did not find charges/mortgages relating to logix business services ltd.

logix business services ltd 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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logix business services ltd Companies House Filings - See Documents

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