Logik Services Limited in Smethwick, B67 5NQ

Description

Data updated on: 01-11-2023

This business is known as Logik Services Limited. The firm was founded 19 years ago and was registered under 05418745 as its registration number. This particular registered office of this company is registered in Smethwick. You can reach it at 255 Abbey Road. The firm's Standard Industrial Classification Code is 82990 which means Other business support service activities not elsewhere classified. 2022-12-31 is the last time when company accounts were filed.

Mandeep K. is this firm's individual managing director, who was appointed on Fri, 8th Apr 2005. That firm had been managed by Andrew G. till June 2006. Additionally another director, namely Phillip L. resigned eighteen years ago. To support the directors in their duties, the abovementioned firm has been utilizing the skillset of Malvinder K. as a secretary since December 2006.

Mandeep K. is the individual who has control over this firm, owns over 1/2 to 3/4 of company shares and has over 1/2 to 3/4 of voting rights.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31
Currency
Net Worth	-9 071	1 040	45 292	89 463

Balance Sheet
Cash Bank In Hand	6 683	9 724	54 515	68 465
Cash Bank On Hand				68 465	51 692	28 267	32 348	22 745	173 065	116 696	198 818
Current Assets	25 239	31 519	73 399	108 583	102 203	78 701	71 670	95 223	192 268	352 830	543 042
Debtors	12 777	15 584	12 028	29 432	40 596	41 008	28 975	46 889	10 639	232 878	341 064
Net Assets Liabilities								71 190	125 485	267 490	482 699
Other Debtors									4 912	228 144	326 377
Property Plant Equipment				29 060	22 590	27 010	62 640	29 805	77 031	87 714	101 615
Stocks Inventory	5 779	6 211	6 856	10 686
Tangible Fixed Assets	10 919	10 126	21 653	29 060
Total Inventories				10 686	9 915	9 426	10 347	25 589	8 564	3 256	3 160

Capital & Reserves
Called Up Share Capital	3	3	3	3
Profit Loss Account Reserve	-9 074	1 037	45 289	89 460
Shareholder Funds	-9 071	1 040	45 292	89 463

Other Financial Data
Accrued Liabilities				1 420	1 250	1 275	1 215	1 400	1 400	1 400	1 725
Accumulated Depreciation Impairment Property Plant Equipment				19 491	25 961	25 253	43 789	29 885	54 567	61 669	93 946
Average Number Employees During Period					5			6	6	6	6
Bank Borrowings									50 000	45 486	35 486
Bank Borrowings Overdrafts									50 000	45 486	35 486
Corporation Tax Payable				13 206	6 509		1 057		14 598	46 245	47 219
Creditors				48 180	31 165	33 217	51 313	53 838	79 593	65 014	45 416
Creditors Due Within One Year	45 229	40 605	49 760	48 180
Disposals Decrease In Depreciation Impairment Property Plant Equipment						7 516		22 771		21 289
Disposals Property Plant Equipment						13 000		60 061		46 694
Dividends Paid					15 000	5 000	3 000	3 000	15 000	15 000	15 000
Finance Lease Liabilities Present Value Total									29 593	19 528	9 930
Increase From Depreciation Charge For Year Property Plant Equipment					6 470	6 808	18 536	8 867	24 682	28 391	32 277
Merchandise				10 686	9 915	9 426	10 347	25 589	8 564	3 256	3 160
Net Current Assets Liabilities	-19 990	-9 086	23 639	60 403	71 038	45 484	20 357	41 385	128 047	244 790	426 500
Number Shares Allotted		3	3	3
Number Shares Issued Fully Paid					3	3	3	3	3	3	3
Other Taxation Social Security Payable				1 919	1 309	6 044	10 861	6 378	1 978		5 934
Par Value Share		1	1	1	1	1	1	1	1	1	1
Prepayments				705	3 680	2 383	3 633	3 676	2 500	2 500	2 500
Profit Loss					19 165	-16 134	13 503	-8 807	69 295	157 005	230 209
Property Plant Equipment Gross Cost				48 551	48 551	52 263	106 429	59 690	131 598	149 383	195 561
Recoverable Value-added Tax											8 823
Share Capital Allotted Called Up Paid	3	3	3	3
Tangible Fixed Assets Additions		1 850	20 767	17 907
Tangible Fixed Assets Cost Or Valuation	24 392	26 242	37 159	48 551
Tangible Fixed Assets Depreciation	13 473	16 116	15 506	19 491
Tangible Fixed Assets Depreciation Charged In Period		2 643	6 525	8 439
Tangible Fixed Assets Depreciation Decrease Increase On Disposals			7 135	4 454
Tangible Fixed Assets Disposals			9 850	6 515
Total Additions Including From Business Combinations Property Plant Equipment						16 712	54 166	13 322	71 908	64 479	46 178
Total Assets Less Current Liabilities	-9 071	1 040	45 292	89 463	93 628	72 494	82 997	71 190	205 078	332 504	528 115
Trade Creditors Trade Payables				10 037	8 940	9 321	12 994	6 762	3 901	18 804	14 968
Trade Debtors Trade Receivables				2 124	31 339	38 625	25 342	43 213	3 227	2 234	3 364