
Company Number
08378826
Next Accounts
Oct 2025
Directors
Shareholders
joe andrew weale
amanda weale
View AllGroup Structure
View All
Industry
Computer consultancy activities
+1Registered Address
suite a 82 james carter road, mildenhall, suffolk, IP28 7DE
Website
-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).
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).
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 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.
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
2 Strong
2 Regular
6 Weak
Size
annual sales of £219.8k, make it smaller than the average company (£2.5m)
- Logicly Ltd
£2.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 27%, show it is growing at a faster rate (9.8%)
- Logicly Ltd
9.8% - Industry AVG
Production
with a gross margin of 33.9%, this company has a higher cost of product (60.4%)
- Logicly Ltd
60.4% - Industry AVG
Profitability
an operating margin of -0.2% make it less profitable than the average company (5.1%)
- Logicly Ltd
5.1% - Industry AVG
Employees
with 2 employees, this is below the industry average (23)
2 - Logicly Ltd
23 - Industry AVG
Pay Structure
on an average salary of £64.1k, the company has an equivalent pay structure (£64.1k)
- Logicly Ltd
£64.1k - Industry AVG
Efficiency
resulting in sales per employee of £109.9k, this is equally as efficient (£125.3k)
- Logicly Ltd
£125.3k - Industry AVG
Debtor Days
it gets paid by customers after 153 days, this is later than average (60 days)
- Logicly Ltd
60 days - Industry AVG
Creditor Days
its suppliers are paid after 187 days, this is slower than average (33 days)
- Logicly Ltd
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Logicly Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Logicly Ltd
- - Industry AVG
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'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 House, Pomanda Estimates
Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | |||||||||||
Other Income Or Grants | |||||||||||
Cost Of Sales | |||||||||||
Gross Profit | |||||||||||
Admin Expenses | |||||||||||
Operating Profit | |||||||||||
Interest Payable | |||||||||||
Interest Receivable | |||||||||||
Pre-Tax Profit | |||||||||||
Tax | |||||||||||
Profit After Tax | |||||||||||
Dividends Paid | |||||||||||
Retained Profit | |||||||||||
Employee Costs | |||||||||||
Number Of Employees | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | |||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 42,074 | 62,035 | 90,552 | 30,380 | 3,428 | 3,496 | 71,602 | 82,136 | 3,018 | 1,260 | |
Intangible Assets | |||||||||||
Investments & Other | |||||||||||
Debtors (Due After 1 year) | |||||||||||
Total Fixed Assets | 42,074 | 62,035 | 90,552 | 30,380 | 3,428 | 3,496 | 71,602 | 82,136 | 3,018 | 1,260 | |
Stock & work in progress | 10,000 | 9,225 | |||||||||
Trade Debtors | 92,264 | 78,878 | 43,346 | 55,339 | 39,113 | 2,100 | 2,400 | ||||
Group Debtors | |||||||||||
Misc Debtors | 10,327 | 1,972 | 352 | ||||||||
Cash | 30,803 | 30,607 | 29,559 | 10,556 | 23,673 | 25,873 | |||||
misc current assets | |||||||||||
total current assets | 92,264 | 78,878 | 43,346 | 55,339 | 39,113 | 51,130 | 32,579 | 32,011 | 19,781 | 26,073 | 25,873 |
total assets | 134,338 | 140,913 | 133,898 | 85,719 | 42,541 | 54,626 | 104,181 | 114,147 | 22,799 | 27,333 | 25,873 |
Bank overdraft | 13,329 | 12,589 | |||||||||
Bank loan | |||||||||||
Trade Creditors | 74,652 | 45,926 | 9,806 | 13,597 | 42,071 | 25,443 | 20,058 | ||||
Group/Directors Accounts | 1,175 | 618 | |||||||||
other short term finances | |||||||||||
hp & lease commitments | |||||||||||
other current liabilities | 54,484 | 25,539 | 10,358 | 20,605 | |||||||
total current liabilities | 74,652 | 45,926 | 9,806 | 13,597 | 42,071 | 54,484 | 38,868 | 24,122 | 21,223 | 25,443 | 20,058 |
loans | 53,412 | 66,741 | |||||||||
hp & lease commitments | |||||||||||
Accruals and Deferred Income | |||||||||||
other liabilities | 59,521 | 94,321 | 123,652 | 71,448 | |||||||
provisions | 11,704 | 16,427 | |||||||||
total long term liabilities | 59,521 | 94,321 | 123,652 | 71,448 | 65,116 | 83,168 | |||||
total liabilities | 134,173 | 140,247 | 133,458 | 85,045 | 42,071 | 54,484 | 103,984 | 107,290 | 21,223 | 25,443 | 20,058 |
net assets | 165 | 666 | 440 | 674 | 470 | 142 | 197 | 6,857 | 1,576 | 1,890 | 5,815 |
total shareholders funds | 165 | 666 | 440 | 674 | 470 | 142 | 197 | 6,857 | 1,576 | 1,890 | 5,815 |
Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||
Operating Profit | |||||||||||
Depreciation | 1,165 | 10,534 | 27,377 | 1,005 | 420 | ||||||
Amortisation | |||||||||||
Tax | |||||||||||
Stock | -10,000 | 10,000 | -9,225 | 9,225 | |||||||
Debtors | 13,386 | 35,532 | -11,993 | 16,226 | 28,786 | 8,355 | -480 | 2,452 | -2,400 | 2,400 | |
Creditors | 28,726 | 36,120 | -3,791 | -28,474 | 42,071 | -25,443 | 5,385 | 20,058 | |||
Accruals and Deferred Income | -54,484 | 28,945 | 15,181 | -10,247 | 20,605 | ||||||
Deferred Taxes & Provisions | -11,704 | -4,723 | 16,427 | ||||||||
Cash flow from operations | |||||||||||
Investing Activities | |||||||||||
capital expenditure | |||||||||||
Change in Investments | |||||||||||
cash flow from investments | |||||||||||
Financing Activities | |||||||||||
Bank loans | |||||||||||
Group/Directors Accounts | -1,175 | 557 | 618 | ||||||||
Other Short Term Loans | |||||||||||
Long term loans | -53,412 | -13,329 | 66,741 | ||||||||
Hire Purchase and Lease Commitments | |||||||||||
other long term liabilities | -34,800 | -29,331 | 52,204 | 71,448 | |||||||
share issue | |||||||||||
interest | |||||||||||
cash flow from financing | |||||||||||
cash and cash equivalents | |||||||||||
cash | -30,803 | 196 | 1,048 | 19,003 | -13,117 | -2,200 | 25,873 | ||||
overdraft | -13,329 | 740 | 12,589 | ||||||||
change in cash | -30,803 | 13,525 | 308 | 6,414 | -13,117 | -2,200 | 25,873 |
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 group structure
Logicly Ltd has no subsidiary companies.
Ultimate parent company
LOGICLY LTD
08378826
Logicly Ltd currently has 1 director, Mr Joe Weale serving since Jan 2013.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Joe Weale | England | 34 years | Jan 2013 | - | Director |
P&L
January 2024turnover
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 2024net assets
165
-0.75%
total assets
134.3k
-0.05%
cash
0
0%
net assets
Total assets minus all liabilities
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
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
-
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.
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