logicly ltd

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logicly ltd Company Information

Share LOGICLY LTD

Company Number

08378826

Directors

Joe Weale

Shareholders

joe andrew weale

amanda weale

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Group Structure

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Industry

Computer consultancy activities

 +1

Registered Address

suite a 82 james carter road, mildenhall, suffolk, IP28 7DE

Website

-

logicly ltd Estimated Valuation

£130.5k

Pomanda estimates the enterprise value of LOGICLY LTD at £130.5k based on a Turnover of £219.8k and 0.59x industry multiple (adjusted for size and gross margin).

logicly ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of LOGICLY LTD at £0 based on an EBITDA of £-501 and a 3.87x industry multiple (adjusted for size and gross margin).

logicly ltd Estimated Valuation

£384

Pomanda estimates the enterprise value of LOGICLY LTD at £384 based on Net Assets of £165 and 2.33x industry multiple (adjusted for liquidity).

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Logicly Ltd Overview

Logicly Ltd is a live company located in suffolk, IP28 7DE with a Companies House number of 08378826. It operates in the business and domestic software development sector, SIC Code 62012. Founded in January 2013, it's largest shareholder is joe andrew weale with a 60% stake. Logicly Ltd is a established, micro sized company, Pomanda has estimated its turnover at £219.8k with high growth in recent years.

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Logicly Ltd Health Check

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

Health Check Image
Health Rating2out of 5
positive_score

2 Strong

positive_score

2 Regular

positive_score

6 Weak

size

Size

annual sales of £219.8k, make it smaller than the average company (£2.5m)

£219.8k - Logicly Ltd

£2.5m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 27%, show it is growing at a faster rate (9.8%)

27% - Logicly Ltd

9.8% - Industry AVG

production

Production

with a gross margin of 33.9%, this company has a higher cost of product (60.4%)

33.9% - Logicly Ltd

60.4% - Industry AVG

profitability

Profitability

an operating margin of -0.2% make it less profitable than the average company (5.1%)

-0.2% - Logicly Ltd

5.1% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (23)

2 - Logicly Ltd

23 - Industry AVG

paystructure

Pay Structure

on an average salary of £64.1k, the company has an equivalent pay structure (£64.1k)

£64.1k - Logicly Ltd

£64.1k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £109.9k, this is equally as efficient (£125.3k)

£109.9k - Logicly Ltd

£125.3k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 153 days, this is later than average (60 days)

153 days - Logicly Ltd

60 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 187 days, this is slower than average (33 days)

187 days - Logicly Ltd

33 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Logicly Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Logicly Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 99.9%, this is a higher level of debt than the average (57.8%)

99.9% - Logicly Ltd

57.8% - Industry AVG

LOGICLY LTD financials

EXPORTms excel logo

Logicly Ltd's latest turnover from January 2024 is estimated at £219.8 thousand and the company has net assets of £165. According to their latest financial statements, Logicly Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014
Turnover219,842184,16996,447108,16691,58073,22271,70636,66123,39112,06719,946
Other Income Or Grants
Cost Of Sales145,318120,33761,72170,06759,41547,91346,54723,38414,7487,45212,403
Gross Profit74,52463,83234,72538,09932,16425,30925,15913,2788,6434,6167,543
Admin Expenses75,02563,55334,95937,84731,87023,34327,2224,2489,0438,66560
Operating Profit-501279-2342522941,966-2,0639,030-400-4,0497,483
Interest Payable2,2534,7472,479
Interest Receivable116230150508612465
Pre-Tax Profit-501279-234252410-56-6,6606,601-314-3,9257,548
Tax-53-48-78-1,320-1,736
Profit After Tax-501226-234204332-56-6,6605,281-314-3,9255,812
Dividends Paid
Retained Profit-501226-234204332-56-6,6605,281-314-3,9255,812
Employee Costs128,293123,76957,20952,30953,83658,71854,43156,93455,95556,03554,924
Number Of Employees22111111111
EBITDA*-501279-2342522943,1318,47136,407605-3,6297,483

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014
Tangible Assets42,07462,03590,55230,3803,4283,49671,60282,1363,0181,260
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets42,07462,03590,55230,3803,4283,49671,60282,1363,0181,260
Stock & work in progress10,0009,225
Trade Debtors92,26478,87843,34655,33939,1132,1002,400
Group Debtors
Misc Debtors10,3271,972352
Cash30,80330,60729,55910,55623,67325,873
misc current assets
total current assets92,26478,87843,34655,33939,11351,13032,57932,01119,78126,07325,873
total assets134,338140,913133,89885,71942,54154,626104,181114,14722,79927,33325,873
Bank overdraft13,32912,589
Bank loan
Trade Creditors 74,65245,9269,80613,59742,07125,44320,058
Group/Directors Accounts1,175618
other short term finances
hp & lease commitments
other current liabilities54,48425,53910,35820,605
total current liabilities74,65245,9269,80613,59742,07154,48438,86824,12221,22325,44320,058
loans53,41266,741
hp & lease commitments
Accruals and Deferred Income
other liabilities59,52194,321123,65271,448
provisions11,70416,427
total long term liabilities59,52194,321123,65271,44865,11683,168
total liabilities134,173140,247133,45885,04542,07154,484103,984107,29021,22325,44320,058
net assets1656664406744701421976,8571,5761,8905,815
total shareholders funds1656664406744701421976,8571,5761,8905,815
Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014
Operating Activities
Operating Profit-501279-2342522941,966-2,0639,030-400-4,0497,483
Depreciation1,16510,53427,3771,005420
Amortisation
Tax-53-48-78-1,320-1,736
Stock-10,00010,000-9,2259,225
Debtors13,38635,532-11,99316,22628,7868,355-4802,452-2,4002,400
Creditors28,72636,120-3,791-28,47442,071-25,4435,38520,058
Accruals and Deferred Income-54,48428,94515,181-10,24720,605
Deferred Taxes & Provisions-11,704-4,72316,427
Cash flow from operations14,8398147,968-44,496-30,9832,01719,40948,040-11,058-64425,805
Investing Activities
capital expenditure19,96128,517-60,172-26,9526866,941-106,495-2,763-1,680
Change in Investments
cash flow from investments19,96128,517-60,172-26,9526866,941-106,495-2,763-1,680
Financing Activities
Bank loans
Group/Directors Accounts-1,175557618
Other Short Term Loans
Long term loans-53,412-13,32966,741
Hire Purchase and Lease Commitments
other long term liabilities-34,800-29,33152,20471,448
share issue-413
interest116-2,023-4,597-2,4298612465
cash flow from financing-34,800-29,33152,20471,448112-55,434-19,10164,86970412468
cash and cash equivalents
cash-30,8031961,04819,003-13,117-2,20025,873
overdraft-13,32974012,589
change in cash-30,80313,5253086,414-13,117-2,20025,873

logicly 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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Logicly Ltd Competitor Analysis

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Perform a competitor analysis for logicly ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in IP28 area or any other competitors across 12 key performance metrics.

logicly ltd Ownership

LOGICLY LTD group structure

Logicly Ltd has no subsidiary companies.

Ultimate parent company

LOGICLY LTD

08378826

LOGICLY LTD Shareholders

joe andrew weale 60%
amanda weale 20%
kaylie brady 20%

logicly ltd directors

Logicly Ltd currently has 1 director, Mr Joe Weale serving since Jan 2013.

officercountryagestartendrole
Mr Joe WealeEngland34 years Jan 2013- Director

P&L

January 2024

turnover

219.8k

+19%

operating profit

-501

0%

gross margin

33.9%

-2.19%

turnover

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

Balance Sheet

January 2024

net assets

165

-0.75%

total assets

134.3k

-0.05%

cash

0

0%

net assets

Total assets minus all liabilities

logicly ltd company details

company number

08378826

Type

Private limited with Share Capital

industry

62020 - Computer consultancy activities

62012 - Business and domestic software development

incorporation date

January 2013

age

12

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

January 2024

previous names

joe weale consultancy services limited (October 2022)

accountant

-

auditor

-

address

suite a 82 james carter road, mildenhall, suffolk, IP28 7DE

Bank

-

Legal Advisor

-

logicly 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 logicly ltd.

logicly 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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logicly ltd Companies House Filings - See Documents

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