
Company Number
06833898
Next Accounts
Dec 2025
Directors
Shareholders
shirley mhar & mohammed aziz mhar
Group Structure
View All
Industry
Management of real estate on a fee or contract basis
Registered Address
halifax house, 93-101 bridge street, manchester, M3 2GX
Website
www.logixgroup.co.ukPomanda 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).
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).
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).
Edit your figures and get a professional valuation report.
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.
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
3 Strong
1 Regular
6 Weak
Size
annual sales of £141.3k, make it smaller than the average company (£414k)
£141.3k - Logix Business Services Ltd
£414k - Industry AVG
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
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
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
with 2 employees, this is below the industry average (6)
2 - Logix Business Services Ltd
6 - Industry AVG
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
resulting in sales per employee of £70.6k, this is less efficient (£101.5k)
£70.6k - Logix Business Services Ltd
£101.5k - Industry AVG
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
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
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Logix Business Services Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Logix Business Services Ltd
- - Industry AVG
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'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 House, Pomanda Estimates
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 141,285 | 94,382 | 137,705 | 81,252 | 59,333 | 25,834 | 20,228 | ||||||||
Other Income Or Grants | |||||||||||||||
Cost Of Sales | 1,000 | ||||||||||||||
Gross Profit | 19,228 | ||||||||||||||
Admin Expenses | 19,488 | ||||||||||||||
Operating Profit | -260 | ||||||||||||||
Interest Payable | |||||||||||||||
Interest Receivable | |||||||||||||||
Pre-Tax Profit | -26,510 | -121,047 | 37,991 | -18,656 | 30,003 | 2,194 | -260 | ||||||||
Tax | -7,218 | -5,925 | -417 | ||||||||||||
Profit After Tax | -26,510 | -121,047 | 30,773 | -18,656 | 24,078 | 1,777 | -260 | ||||||||
Dividends Paid | |||||||||||||||
Retained Profit | -26,510 | -121,047 | 30,773 | -18,656 | 24,078 | 1,777 | -260 | ||||||||
Employee Costs | 18,227 | 15,120 | 16,673 | 31,908 | 6,755 | 13,310 | 6,000 | ||||||||
Number Of Employees | 2 | 2 | 2 | 3 | 2 | ||||||||||
EBITDA* | -260 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 3,936 | 1,944 | 30,000 | 1,184 | 2,220 | 1,637 | 1,887 | ||||||||
Intangible Assets | |||||||||||||||
Investments & Other | |||||||||||||||
Debtors (Due After 1 year) | |||||||||||||||
Total Fixed Assets | 3,936 | 1,944 | 30,000 | 1,184 | 2,220 | 1,637 | 1,887 | ||||||||
Stock & work in progress | |||||||||||||||
Trade Debtors | 172,069 | 146,820 | 137,184 | 62,286 | 32,730 | 36,162 | 30,994 | 9,898 | 4,589 | 1,392 | 38,446 | 26,788 | 3,291 | 2,500 | |
Group Debtors | |||||||||||||||
Misc Debtors | |||||||||||||||
Cash | 24,124 | 9,105 | 14,517 | 33,153 | 29,018 | 3,212 | 2,043 | ||||||||
misc current assets | |||||||||||||||
total current assets | 172,069 | 146,820 | 137,184 | 62,286 | 32,730 | 36,162 | 30,994 | 34,022 | 13,694 | 15,909 | 71,599 | 55,806 | 6,503 | 4,543 | |
total assets | 172,069 | 146,820 | 141,120 | 64,230 | 62,730 | 36,162 | 32,178 | 36,242 | 15,331 | 17,796 | 71,599 | 55,806 | 6,503 | 4,543 | |
Bank overdraft | |||||||||||||||
Bank loan | |||||||||||||||
Trade Creditors | 97,561 | 78,270 | 102,646 | 96,339 | 32,783 | 14,402 | 30,400 | 34,636 | 11,939 | 18,009 | 79,494 | 66,639 | 3,625 | ||
Group/Directors Accounts | 4,452 | ||||||||||||||
other short term finances | |||||||||||||||
hp & lease commitments | |||||||||||||||
other current liabilities | 350 | ||||||||||||||
total current liabilities | 97,561 | 78,270 | 102,646 | 96,339 | 32,783 | 14,402 | 30,400 | 34,636 | 11,939 | 18,009 | 79,494 | 66,639 | 3,625 | 4,802 | |
loans | |||||||||||||||
hp & lease commitments | |||||||||||||||
Accruals and Deferred Income | |||||||||||||||
other liabilities | 4,000 | ||||||||||||||
provisions | |||||||||||||||
total long term liabilities | 4,000 | ||||||||||||||
total liabilities | 97,561 | 78,270 | 102,646 | 96,339 | 32,783 | 14,402 | 30,400 | 34,636 | 11,939 | 18,009 | 79,494 | 66,639 | 7,625 | 4,802 | |
net assets | 74,508 | 68,550 | 38,474 | -32,109 | 29,947 | 21,760 | 1,778 | 1,606 | 3,392 | -213 | -7,895 | -10,833 | -1,122 | -259 | |
total shareholders funds | 74,508 | 68,550 | 38,474 | -32,109 | 29,947 | 21,760 | 1,778 | 1,606 | 3,392 | -213 | -7,895 | -10,833 | -1,122 | -259 |
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||||
Operating Profit | -260 | ||||||||||||||
Depreciation | 814 | 208 | 250 | 333 | |||||||||||
Amortisation | |||||||||||||||
Tax | -7,218 | -5,925 | -417 | ||||||||||||
Stock | |||||||||||||||
Debtors | 25,249 | 9,636 | 74,898 | 29,556 | -3,432 | 5,168 | 21,096 | 5,309 | 3,197 | -37,054 | 11,658 | 23,497 | 791 | 2,500 | |
Creditors | 19,291 | -24,376 | 6,307 | 63,556 | 18,381 | -15,998 | -4,236 | 22,697 | -6,070 | -61,485 | 12,855 | 63,014 | 3,625 | ||
Accruals and Deferred Income | -350 | 350 | |||||||||||||
Deferred Taxes & Provisions | |||||||||||||||
Cash flow from operations | -2,410 | ||||||||||||||
Investing Activities | |||||||||||||||
capital expenditure | |||||||||||||||
Change in Investments | |||||||||||||||
cash flow from investments | |||||||||||||||
Financing Activities | |||||||||||||||
Bank loans | |||||||||||||||
Group/Directors Accounts | -4,452 | 4,452 | |||||||||||||
Other Short Term Loans | |||||||||||||||
Long term loans | |||||||||||||||
Hire Purchase and Lease Commitments | |||||||||||||||
other long term liabilities | -4,000 | 4,000 | |||||||||||||
share issue | |||||||||||||||
interest | |||||||||||||||
cash flow from financing | 32,468 | 151,123 | 39,810 | -43,400 | -4,096 | -1,605 | 4,453 | ||||||||
cash and cash equivalents | |||||||||||||||
cash | -24,124 | 15,019 | -5,412 | -18,636 | 4,135 | 25,806 | 1,169 | 2,043 | |||||||
overdraft | |||||||||||||||
change in cash | -24,124 | 15,019 | -5,412 | -18,636 | 4,135 | 25,806 | 1,169 | 2,043 |
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 group structure
Logix Business Services Ltd has no subsidiary companies.
Ultimate parent company
LOGIX BUSINESS SERVICES LTD
06833898
Logix Business Services Ltd currently has 1 director, Mr Mohammed Mhar serving since Mar 2024.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Mohammed Mhar | United Kingdom | 57 years | Mar 2024 | - | Director |
P&L
March 2024turnover
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 2024net assets
74.5k
+0.09%
total assets
172.1k
+0.17%
cash
0
0%
net assets
Total assets minus all liabilities
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
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
-
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.
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