LOGIC MH LTD Financials
- Company number
- 02662824CopyCopy
- Registered office
- Logic Manufacturing Ltd, Foundry Ind Estate, Bridge End, Hexham, Northumberland NE46 4JL
- Incorporated
- 14/11/1991
Company snapshot
- Status
- Dissolved
- Employees
- 8 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2022–2024.
Net Assets
0.29%vs 20232023: £607.09K
Total Assets
6.15%vs 20232023: £855.46K
Cash in Bank
-32.10%vs 20232023: £233.34K
Total Liabilities
10.93%vs 20232023: £219.62K
Employees
0vs 20232023: 8
In 2024, LOGIC MH LTD reported net assets of £608.84K. The same filing shows total assets of £908.07K, cash in bank of £158.43K and total liabilities of £243.63K. Reported headcount was 8 in 2024. Cash in Bank fell from £233.34K in 2023 to £158.43K in 2024 (-32.10%). Okredo holds filed figures for 2022–2024; 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
0.29%from £607.09K in 2023Year-on-year change
Net Assets as filed for 2022–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures LOGIC MH LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+6.2%vs 2022+3.1% a year compound (CAGR)
Cash in Bank
+31.9%vs 2022+14.9% a year compound (CAGR)
Total Assets
+21.8%vs 2022+10.4% a year compound (CAGR)
Total Liabilities
+105%vs 2022+43.2% a year compound (CAGR)
Employees
0%vs 2022Biggest increase
Total Liabilities+105%
£118.84K in 2022 to £243.63K in 2024
Every measure that changed in LOGIC MH LTD's filings between 2022 and 2024 rose. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, with net assets, cash in bank and total assets climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from LOGIC MH 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
- 67.05%2024
- 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
- 26.83%2024
- 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
- 65.03%2024
- 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
- 17.45%2024
- 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 MH LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2022 | 2023 | 2024 |
|---|---|---|---|
| Net Assets£ | 573.05K | 607.09K | 608.84K |
| Total Assets£ | 745.50K | 855.46K | 908.07K |
| Cash in Bank£ | 120.08K | 233.34K | 158.43K |
| Total Liabilities£ | 118.84K | 219.62K | 243.63K |
| Employees | 8 | 8 | 8 |
LOGIC MH LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for LOGIC MH LTD covering 2022–2024, across 5 reported indicators. The most recent reported year is 2024.
LOGIC MH LTD reported net assets of £608.84K for 2024. That compares with £607.09K in 2023, a change of 0.29%.
LOGIC MH LTD reported total assets of £908.07K for 2024. That compares with £855.46K in 2023, a change of 6.15%.
LOGIC MH LTD reported cash in bank of £158.43K for 2024. That compares with £233.34K in 2023, a change of -32.10%.
LOGIC MH LTD reported 8 employees in 2024, compared with 8 in 2023.
Between 2022 and 2024, LOGIC MH LTD's net assets rose by 6.2%, cash in bank rose by 31.9%, total assets rose by 21.8% and total liabilities rose by 105%. Net assets compounded at 3.1% a year across the two years to 2024, from £573.05K to £608.84K. Reported headcount went from 8 in 2022 to 8 in 2024.
Okredo holds reported figures for the years 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.