LOGIC FIRE AND SECURITY LTD Financials
- Company number
- 05008876CopyCopy
- Registered office
- Complii House Avonbury Business Park, Howes Lane, Bicester, Oxfordshire OX26 2UA
- Incorporated
- 07/01/2004
Company snapshot
- Status
- Active
- Employees
- 46 (2023)
- Latest financial data
- 2023
- Accounts type
- Audit Exemption Subsidiary
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
-78.99%vs 20222022: £772.82K
Total Assets
21.40%vs 20212021: £1.63M
Cash in Bank
-68.31%vs 20222022: £37.28K
Total Liabilities
15.87%vs 20212021: £1.04M
Employees
+6vs 20222022: 40
In 2023, LOGIC FIRE AND SECURITY LTD reported net assets of £162.37K. The same filing shows total assets of £1.98M, cash in bank of £11.82K and total liabilities of £1.21M. Reported headcount was 46 in 2023. Net Assets fell from £772.82K in 2022 to £162.37K in 2023 (-78.99%). Okredo holds filed figures for 2021–2023; the table below lists every reported indicator by year. See every reported indicator by year.
Financial performance
Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.
Net Assets
-78.99%from £772.82K in 2022Year-on-year change
Net Assets as filed for 2021–2023. Every figure in this chart is also in the financial history table.
3-year financial trend (2021–2023)
How the figures LOGIC FIRE AND SECURITY LTD filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
-72.4%vs 2021-47.5% a year compound (CAGR)
Cash in Bank
-56%vs 2021-33.7% a year compound (CAGR)
Employees
+39.4%vs 2021+13Biggest increase
Employees+39.4%
33 in 2021 to 46 in 2023
Biggest decrease
Net Assets-72.4%
£589.00K in 2021 to £162.37K in 2023
LOGIC FIRE AND SECURITY LTD's filings pull in both directions between 2021 and 2023. The steepest rise came in employee numbers, pointing to an expanding team, set against a fall in net assets, pointing to a weakening balance sheet. See the full year-by-year figures.
Ratios from the filed figures
Calculated from LOGIC FIRE AND SECURITY LTD's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.
- Net assets to total assets
- 38.97%2022
- Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
- Liabilities to total assets
- 61.03%2022
- Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
- Cash to liabilities
- 3.08%2022
- Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
- Cash to total assets
- 1.88%2022
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for LOGIC FIRE AND SECURITY LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 589.00K | 772.82K | 162.37K |
| Total Assets£ | 1.63M | 1.98M | – |
| Cash in Bank£ | 26.86K | 37.28K | 11.82K |
| Total Liabilities£ | 1.04M | 1.21M | – |
| Employees | 33 | 40 | 46 |
LOGIC FIRE AND SECURITY LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for LOGIC FIRE AND SECURITY LTD covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
LOGIC FIRE AND SECURITY LTD reported net assets of £162.37K for 2023. That compares with £772.82K in 2022, a change of -78.99%.
LOGIC FIRE AND SECURITY LTD reported total assets of £1.98M for 2022. That compares with £1.63M in 2021, a change of 21.40%.
LOGIC FIRE AND SECURITY LTD reported cash in bank of £11.82K for 2023. That compares with £37.28K in 2022, a change of -68.31%.
LOGIC FIRE AND SECURITY LTD reported 46 employees in 2023, compared with 40 in 2022.
Between 2021 and 2023, LOGIC FIRE AND SECURITY LTD's net assets fell by 72.4%, cash in bank fell by 56% and employee numbers rose by 39.4%. Net assets contracted at 47.5% a year across the two years to 2023, from £589.00K to £162.37K. Reported headcount went from 33 in 2021 to 46 in 2023 (+13).
Okredo holds reported figures for the years 2021, 2022, 2023. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.