Logic Distribution Limited in Wellington, TA21 9PZ

Description

Data updated on: 01-11-2023

The Logic Distribution Limited company has been operating in this business for at least fifteen years, as it's been established in 2009. Started with registration number 06826339, Logic Distribution is a Private Limited Company with office in Unit 14, Ryelands Industrial Estate, Wellington TA21 9PZ. This business's declared SIC number is 96090, that means Other service activities not elsewhere classified. Logic Distribution Ltd reported its latest accounts for the financial year up to 2022/03/31. The business latest confirmation statement was released on 2023/02/23.

Logic Distribution Limited is a medium-sized vehicle operator with the licence number OH1087403. The firm has one transport operating centre in the country. In their subsidiary in Wellington on Ryelands Ind Estate, 12 machines and 2 trailers are available.

Jolyon W. is the following firm's only director, who was chosen to lead the company fifteen years ago. Since 2009-02-23 Richard P., had been managing this limited company up until the resignation on 2020-06-30. In order to provide support to the directors, this limited company has been using the skills of Jolyon W. as a secretary since the appointment on 2009-02-23.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2014-03-31	2015-03-31	2016-03-31	2017-03-31	2018-03-31	2019-03-31	2020-03-31	2021-03-31	2022-03-31	2023-03-31
Currency
Net Worth	147 816	197 011	308 280

Balance Sheet
Cash Bank On Hand			155 298	110 596	175 417	248 444	189 502	146 841	201 982	773 401
Current Assets	204 693	224 652	261 089	320 639	453 304	616 422	636 163	619 072	672 723	1 042 311
Debtors	143 608	95 648	105 791	210 043	277 887	367 978	446 661	472 231	470 741	268 910
Net Assets Liabilities			308 280	335 138	415 160	539 604	566 179	413 649	718 149	1 021 404
Other Debtors			4 407	46 188	25 254	21 053	52 650	55 728	58 862	35 527
Property Plant Equipment			155 568	242 088	346 367	342 542	308 167	299 374	548 046	558 990
Cash Bank In Hand	61 085	129 004	155 298
Net Assets Liabilities Including Pension Asset Liability	147 816	197 011	308 280
Tangible Fixed Assets	72 191	93 708	155 568

Capital & Reserves
Called Up Share Capital	100	100	100
Profit Loss Account Reserve	147 716	196 911	308 180
Shareholder Funds	147 816	197 011	308 280

Other Financial Data
Accumulated Depreciation Impairment Property Plant Equipment			87 019	145 492	191 784	259 262	333 317	332 838	404 379	494 514
Additions Other Than Through Business Combinations Property Plant Equipment				155 243	228 081	95 750	47 980	122 490	320 213	177 792
Average Number Employees During Period			10	16	21	18	20	21	18	19
Bank Borrowings								41 667	15 988
Comprehensive Income Expense						294 444	186 575	222 470	395 500	485 996
Creditors			108 377	21 258	36 005	25 527	15 966	51 835	94 369	60 903
Decrease In Loans Owed By Related Parties Due To Loans Repaid					-900	-3 600	-3 600	-600
Disposals Decrease In Depreciation Impairment Property Plant Equipment				-2 050	-40 299	-18 157	-2 988	-75 323		-49 612
Disposals Property Plant Equipment				-10 250	-77 510	-32 097	-8 300	-131 762		-76 713
Dividends Paid						-170 000	-160 000	-105 000	-91 000	-182 741
Finance Lease Liabilities Present Value Total			2 075	21 258	36 005	25 527	17 660	10 168	94 369	60 903
Financial Commitments Other Than Capital Commitments						146 250	101 250	56 250	43 757	33 894
Increase From Depreciation Charge For Year Property Plant Equipment				60 523	86 591	85 635	77 043	74 844	71 541	139 747
Increase In Loans Owed By Related Parties Due To Loans Advanced					14 450
Loans Owed By Related Parties					13 550	9 950	6 350	5 750
Net Current Assets Liabilities	75 625	103 303	152 712	155 463	161 532	280 105	332 530	240 954	401 484	663 065
Other Creditors			26 465	29 212	47 529	78 731	75 945	72 670	26 676	111 955
Prepayments								11 937	10 040	7 000
Profit Loss						294 444	186 575	222 470	395 500	485 996
Property Plant Equipment Gross Cost			242 587	387 580	538 151	601 804	641 484	632 212	952 425	1 053 504
Provisions For Liabilities Balance Sheet Subtotal				41 155	56 734	57 516	58 552	74 844	137 012	139 748
Taxation Social Security Payable			37 704	61 549	87 443	99 256	101 742	113 483	48 013	62 088
Total Assets Less Current Liabilities			308 280	397 551	507 899	622 647	640 697	540 328	949 530	1 222 055
Total Borrowings			2 075	21 258	36 005	25 527	15 966	51 835	94 369	60 903
Trade Creditors Trade Payables			42 133	64 162	129 881	130 185	108 286	177 833	144 763	171 737
Trade Debtors Trade Receivables			101 384	163 855	252 633	346 925	394 011	404 566	401 839	226 383
Amount Specific Advance Or Credit Directors			-388	-14 706	10 417	10 417	10 288	45 003	30 787	9 245
Amount Specific Advance Or Credit Made In Period Directors			-5 147	-48 130	-3 827	-18	-129	20 966	784	458
Amount Specific Advance Or Credit Repaid In Period Directors			6 579	33 812	28 950	1 000	29 000	12 288	-15 000	-22 000
Creditors Due Within One Year	129 068	121 349	108 377
Fixed Assets	72 191	93 708	155 568
Number Shares Allotted	100	100	100
Par Value Share		1	1
Value Shares Allotted	100	100	100

Company staff

Jolyon W.

Role: Director

Appointed: 23 February 2009

Latest update: 1 January 2024

Jolyon W.

Role: Secretary

Appointed: 23 February 2009

Latest update: 1 January 2024

People with significant control

Jolyon W. is the individual with significant control over this firm, owns over 3/4 of company shares and has 3/4 to full of voting rights.

Jolyon W.

Notified on 6 April 2016

Nature of control:

over 3/4 of shares

3/4 to full of voting rights

Richard P.

Notified on 6 April 2016

Ceased on 30 June 2020

Nature of control:

1/2 or less of voting rights

1/2 or less of shares

Accounts Documents

Account next due date	31 December 2023
Account last made up date	31 March 2022
Confirmation statement next due date	08 March 2024
Confirmation statement last made up date	23 February 2023

Annual Accounts 8 December 2015
Start Date For Period Covered By Report	2014-04-01
End Date For Period Covered By Report	2015-03-31
Date Approval Accounts	8 December 2015
Annual Accounts 14 December 2016
Start Date For Period Covered By Report	2015-04-01
End Date For Period Covered By Report	2016-03-31
Date Approval Accounts	14 December 2016
Annual Accounts
Start Date For Period Covered By Report	2016-04-01
End Date For Period Covered By Report	2017-03-31
Annual Accounts
Start Date For Period Covered By Report	2017-04-01
End Date For Period Covered By Report	2018-03-31
Annual Accounts
Start Date For Period Covered By Report	2018-04-01
End Date For Period Covered By Report	2019-03-31
Annual Accounts
Start Date For Period Covered By Report	2019-04-01
End Date For Period Covered By Report	2020-03-31
Annual Accounts
Start Date For Period Covered By Report	2020-04-01
End Date For Period Covered By Report	2021-03-31
Annual Accounts
Start Date For Period Covered By Report	2021-04-01
End Date For Period Covered By Report	2022-03-31
Annual Accounts
Start Date For Period Covered By Report	2022-04-01
End Date For Period Covered By Report	2023-03-31

Logic Distribution Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Jolyon W.

Jolyon W.

Richard P.

People with significant control

Jolyon W.

Richard P.

Accounts Documents

Company Vehicle Operator Data

Unit 14

Address

City

Postal code

No. of Vehicles

No. of Trailers

Company filings

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