logimac limited
logimac limited Company Information
Company Number
SC274377
Next Accounts
Jul 2025
Shareholders
david robert allan
rosemary allan
Group Structure
View All
Industry
Business and domestic software development
Registered Address
26 terringzean view, cumnock, ayrshire, KA18 1FB
Website
www.logimac.co.uklogimac limited Estimated Valuation
Pomanda estimates the enterprise value of LOGIMAC LIMITED at £225.9k based on a Turnover of £322.6k and 0.7x industry multiple (adjusted for size and gross margin).
logimac limited Estimated Valuation
Pomanda estimates the enterprise value of LOGIMAC LIMITED at £139k based on an EBITDA of £33.1k and a 4.2x industry multiple (adjusted for size and gross margin).
logimac limited Estimated Valuation
Pomanda estimates the enterprise value of LOGIMAC LIMITED at £226.5k based on Net Assets of £95.7k and 2.37x industry multiple (adjusted for liquidity).
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Logimac Limited Overview
Logimac Limited is a live company located in ayrshire, KA18 1FB with a Companies House number of SC274377. It operates in the business and domestic software development sector, SIC Code 62012. Founded in October 2004, it's largest shareholder is david robert allan with a 50% stake. Logimac Limited is a mature, micro sized company, Pomanda has estimated its turnover at £322.6k with rapid growth in recent years.
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Logimac Limited Health Check
Pomanda's financial health check has awarded Logimac Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
5 Weak
Size
annual sales of £322.6k, make it smaller than the average company (£3.5m)
- Logimac Limited
£3.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 36%, show it is growing at a faster rate (8.7%)
- Logimac Limited
8.7% - Industry AVG
Production
with a gross margin of 41.9%, this company has a higher cost of product (72.3%)
- Logimac Limited
72.3% - Industry AVG
Profitability
an operating margin of 10.3% make it more profitable than the average company (3.7%)
- Logimac Limited
3.7% - Industry AVG
Employees
with 2 employees, this is below the industry average (31)
- Logimac Limited
31 - Industry AVG
Pay Structure
on an average salary of £67.1k, the company has an equivalent pay structure (£67.1k)
- Logimac Limited
£67.1k - Industry AVG
Efficiency
resulting in sales per employee of £161.3k, this is more efficient (£113.7k)
- Logimac Limited
£113.7k - Industry AVG
Debtor Days
it gets paid by customers after 124 days, this is later than average (61 days)
- Logimac Limited
61 days - Industry AVG
Creditor Days
its suppliers are paid after 32 days, this is quicker than average (44 days)
- Logimac Limited
44 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Logimac Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Logimac Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 14.8%, this is a lower level of debt than the average (60.7%)
14.8% - Logimac Limited
60.7% - Industry AVG
LOGIMAC LIMITED financials
Logimac Limited's latest turnover from October 2023 is estimated at £322.6 thousand and the company has net assets of £95.7 thousand. According to their latest financial statements, we estimate that Logimac Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | Oct 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | |||||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | Oct 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 2,000 | 2,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 101 | 548 | 548 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,101 | 2,548 | 2,548 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 110,259 | 77,334 | 0 | 0 | 0 | 0 | 0 | 0 | 20,331 | 20,174 | 9,986 | 6,736 | 2,058 | 1,542 | 3,732 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 2,357 | 2,357 | 18,000 | 20,151 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 99,556 | 137,545 | 23,281 | 12,849 | 15,995 | 17,066 | 9,854 | 12,637 | 25,494 | 2,591 | 10,822 | 8,624 | 14,590 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 110,259 | 77,334 | 99,556 | 137,545 | 25,638 | 15,206 | 33,995 | 37,217 | 30,185 | 32,811 | 35,480 | 9,327 | 12,880 | 10,166 | 18,322 |
| total assets | 112,259 | 79,334 | 101,556 | 139,545 | 27,638 | 17,206 | 35,995 | 39,217 | 32,185 | 34,811 | 37,480 | 11,327 | 14,981 | 12,714 | 20,870 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 16,584 | 8,464 | 0 | 0 | 0 | 0 | 1 | 1 | 32,655 | 33,571 | 37,465 | 23,428 | 23,140 | 20,542 | 24,373 |
| Group/Directors Accounts | 0 | 0 | 1,076 | 506 | 695 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 22,619 | 51,707 | 17,575 | 16,411 | 35,921 | 39,533 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 16,584 | 8,464 | 23,695 | 52,213 | 18,270 | 16,411 | 35,922 | 39,534 | 32,655 | 33,571 | 37,465 | 23,428 | 23,140 | 20,542 | 24,373 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 16,584 | 8,464 | 23,695 | 52,213 | 18,270 | 16,411 | 35,922 | 39,534 | 32,655 | 33,571 | 37,465 | 23,428 | 23,140 | 20,542 | 24,373 |
| net assets | 95,675 | 70,870 | 77,861 | 87,332 | 9,368 | 795 | 73 | -317 | -470 | 1,240 | 15 | -12,101 | -8,159 | -7,828 | -3,503 |
| total shareholders funds | 95,675 | 70,870 | 77,861 | 87,332 | 9,368 | 795 | 73 | -317 | -470 | 1,240 | 15 | -12,101 | -8,159 | -7,828 | -3,503 |
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | Oct 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 101 | 447 | 0 | 168 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 32,925 | 77,334 | 0 | -2,357 | 0 | -15,643 | -2,151 | -180 | 157 | 10,188 | 3,250 | 4,678 | 516 | -2,190 | 3,732 |
| Creditors | 8,120 | 8,464 | 0 | 0 | 0 | -1 | 0 | -32,654 | -916 | -3,894 | 14,037 | 288 | 2,598 | -3,831 | 24,373 |
| Accruals and Deferred Income | 0 | -22,619 | -29,088 | 34,132 | 1,164 | -19,510 | -3,612 | 39,533 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 0 | -2,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,000 |
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | -1,076 | 570 | -189 | 695 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | 0 | -99,556 | -37,989 | 114,264 | 10,432 | -3,146 | -1,071 | 7,212 | -2,783 | -12,857 | 22,903 | -8,231 | 2,198 | -5,966 | 14,590 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | -99,556 | -37,989 | 114,264 | 10,432 | -3,146 | -1,071 | 7,212 | -2,783 | -12,857 | 22,903 | -8,231 | 2,198 | -5,966 | 14,590 |
logimac limited Credit Report and Business Information
Logimac Limited Competitor Analysis
Perform a competitor analysis for logimac limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in KA18 area or any other competitors across 12 key performance metrics.
logimac limited Ownership
LOGIMAC LIMITED group structure
Logimac Limited has no subsidiary companies.
Ultimate parent company
LOGIMAC LIMITED
SC274377
logimac limited directors
Logimac Limited currently has 2 directors. The longest serving directors include Mr David Allan (Oct 2004) and Mrs Rosemary Allan (Oct 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr David Allan | Scotland | 48 years | Oct 2004 | - | Director |
| Mrs Rosemary Allan | 49 years | Oct 2016 | - | Director |
P&L
October 2023turnover
322.6k
+51%
operating profit
33.1k
0%
gross margin
41.9%
-2.3%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2023net assets
95.7k
+0.35%
total assets
112.3k
+0.42%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
logimac limited company details
company number
SC274377
Type
Private limited with Share Capital
industry
62012 - Business and domestic software development
incorporation date
October 2004
age
21
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
October 2023
previous names
N/A
accountant
-
auditor
-
address
26 terringzean view, cumnock, ayrshire, KA18 1FB
Bank
-
Legal Advisor
-
logimac 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 did not find charges/mortgages relating to logimac limited.
logimac 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.
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logimac limited Companies House Filings - See Documents
| date | description | view/download |
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