logik wte limited
logik wte limited Company Information
Company Number
11124165
Next Accounts
Dec 2025
Shareholders
logik developments limited
Group Structure
View All
Industry
Development of building projects
Registered Address
vantage house euxton lane, euxton, chorley, lancashire, PR7 6TB
Website
logikdevelopments.comlogik wte limited Estimated Valuation
Pomanda estimates the enterprise value of LOGIK WTE LIMITED at £200.1k based on a Turnover of £419.2k and 0.48x industry multiple (adjusted for size and gross margin).
logik wte limited Estimated Valuation
Pomanda estimates the enterprise value of LOGIK WTE LIMITED at £8.2k based on an EBITDA of £2.2k and a 3.77x industry multiple (adjusted for size and gross margin).
logik wte limited Estimated Valuation
Pomanda estimates the enterprise value of LOGIK WTE LIMITED at £3.9m based on Net Assets of £2.8m and 1.41x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Logik Wte Limited Overview
Logik Wte Limited is a live company located in chorley, PR7 6TB with a Companies House number of 11124165. It operates in the development of building projects sector, SIC Code 41100. Founded in December 2017, it's largest shareholder is logik developments limited with a 100% stake. Logik Wte Limited is a young, micro sized company, Pomanda has estimated its turnover at £419.2k with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Logik Wte Limited Health Check
Pomanda's financial health check has awarded Logik Wte Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs
1 Strong
3 Regular
6 Weak
Size
annual sales of £419.2k, make it smaller than the average company (£2.3m)
- Logik Wte Limited
£2.3m - Industry AVG
Growth
3 year (CAGR) sales growth of -35%, show it is growing at a slower rate (6.1%)
- Logik Wte Limited
6.1% - Industry AVG
Production
with a gross margin of 26.4%, this company has a comparable cost of product (26.4%)
- Logik Wte Limited
26.4% - Industry AVG
Profitability
an operating margin of 0.5% make it less profitable than the average company (7.6%)
- Logik Wte Limited
7.6% - Industry AVG
Employees
with 2 employees, this is below the industry average (6)
2 - Logik Wte Limited
6 - Industry AVG
Pay Structure
on an average salary of £48.3k, the company has an equivalent pay structure (£48.3k)
- Logik Wte Limited
£48.3k - Industry AVG
Efficiency
resulting in sales per employee of £209.6k, this is less efficient (£277.7k)
- Logik Wte Limited
£277.7k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Logik Wte Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 44 days, this is slower than average (31 days)
- Logik Wte Limited
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Logik Wte Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (11 weeks)
0 weeks - Logik Wte Limited
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 67.1%, this is a similar level of debt than the average (73.6%)
67.1% - Logik Wte Limited
73.6% - Industry AVG
LOGIK WTE LIMITED financials
Logik Wte Limited's latest turnover from March 2024 is estimated at £419.2 thousand and the company has net assets of £2.8 million. According to their latest financial statements, Logik Wte Limited has 2 employees and maintains cash reserves of £363 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|---|---|
| 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 | 2 | 2 | 2 | 2 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 8,273,235 | 8,189,470 | 7,400,000 | 4,600,000 | 2,572,946 | 2,153,339 |
| Intangible Assets | ||||||
| Investments & Other | ||||||
| Debtors (Due After 1 year) | ||||||
| Total Fixed Assets | 8,273,235 | 8,189,470 | 7,400,000 | 4,600,000 | 2,572,946 | 2,153,339 |
| Stock & work in progress | ||||||
| Trade Debtors | 6,000 | |||||
| Group Debtors | 165,105 | 165,105 | 1,105 | 1,105 | ||
| Misc Debtors | 18,983 | 15,129 | 29,100 | 55,250 | 15,179 | 36,678 |
| Cash | 363 | 2,103 | 75,722 | 48,976 | ||
| misc current assets | ||||||
| total current assets | 184,451 | 188,337 | 105,927 | 105,331 | 15,179 | 36,678 |
| total assets | 8,457,686 | 8,377,807 | 7,505,927 | 4,705,331 | 2,588,125 | 2,190,017 |
| Bank overdraft | ||||||
| Bank loan | ||||||
| Trade Creditors | 37,972 | 149,565 | 291,827 | 266,501 | 2,476 | 181 |
| Group/Directors Accounts | 2,941,480 | 2,794,368 | 565,359 | 770,121 | 158,399 | 11,573 |
| other short term finances | ||||||
| hp & lease commitments | ||||||
| other current liabilities | 2,393,235 | 2,350,551 | 3,628,091 | 2,480,812 | 2,450,000 | 2,177,121 |
| total current liabilities | 5,372,687 | 5,294,484 | 4,485,277 | 3,517,434 | 2,610,875 | 2,188,875 |
| loans | ||||||
| hp & lease commitments | ||||||
| Accruals and Deferred Income | ||||||
| other liabilities | ||||||
| provisions | 304,084 | 304,084 | 219,196 | 63,109 | ||
| total long term liabilities | 304,084 | 304,084 | 219,196 | 63,109 | ||
| total liabilities | 5,676,771 | 5,598,568 | 4,704,473 | 3,580,543 | 2,610,875 | 2,188,875 |
| net assets | 2,780,915 | 2,779,239 | 2,801,454 | 1,124,788 | -22,750 | 1,142 |
| total shareholders funds | 2,780,915 | 2,779,239 | 2,801,454 | 1,124,788 | -22,750 | 1,142 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | ||||||
| Amortisation | ||||||
| Tax | ||||||
| Stock | ||||||
| Debtors | -2,146 | 156,029 | -26,150 | 41,176 | -21,499 | 36,678 |
| Creditors | -111,593 | -142,262 | 25,326 | 264,025 | 2,295 | 181 |
| Accruals and Deferred Income | 42,684 | -1,277,540 | 1,147,279 | 30,812 | 272,879 | 2,177,121 |
| Deferred Taxes & Provisions | 84,888 | 156,087 | 63,109 | |||
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | ||||||
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | ||||||
| Group/Directors Accounts | 147,112 | 2,229,009 | -204,762 | 611,722 | 146,826 | 11,573 |
| Other Short Term Loans | ||||||
| Long term loans | ||||||
| Hire Purchase and Lease Commitments | ||||||
| other long term liabilities | ||||||
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | -1,740 | -73,619 | 26,746 | 48,976 | ||
| overdraft | ||||||
| change in cash | -1,740 | -73,619 | 26,746 | 48,976 |
logik wte limited Credit Report and Business Information
Logik Wte Limited Competitor Analysis
Perform a competitor analysis for logik wte limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in PR7 area or any other competitors across 12 key performance metrics.
logik wte limited Ownership
LOGIK WTE LIMITED group structure
Logik Wte Limited has no subsidiary companies.
logik wte limited directors
Logik Wte Limited currently has 2 directors. The longest serving directors include Mr Neil Spencer (Dec 2017) and Mr Tony Bhatti (Jun 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Neil Spencer | England | 50 years | Dec 2017 | - | Director |
| Mr Tony Bhatti | England | 59 years | Jun 2020 | - | Director |
P&L
March 2024turnover
419.2k
-36%
operating profit
2.2k
0%
gross margin
26.5%
+1.83%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
2.8m
0%
total assets
8.5m
+0.01%
cash
363
-0.83%
net assets
Total assets minus all liabilities
logik wte limited company details
company number
11124165
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
December 2017
age
8
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
N/A
accountant
STUDHOLME BELL LIMITED
auditor
-
address
vantage house euxton lane, euxton, chorley, lancashire, PR7 6TB
Bank
-
Legal Advisor
-
logik wte 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 4 charges/mortgages relating to logik wte limited. Currently there are 1 open charges and 3 have been satisfied in the past.
logik wte 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.
Click to start generating capital raising & share issue transactions for LOGIK WTE LIMITED. This can take several minutes, an email will notify you when this has completed.
logik wte limited Companies House Filings - See Documents
| date | description | view/download |
|---|
