Comtech Logic Ltd
Registered name: COMTECH LOGIC LTD
Comtech Logic Ltd made £9.3k revenue and a £74.2k loss in the year to 31 Dec 2022.
Comtech Logic Ltd’s revenue grew 164% to £9.3k in the year to 31 Dec 2022, with a loss of £74.2k and 0 employees. The company is classified under “retail sale via mail order houses or via internet” and is based in Edgware; we hold 3 years of its filed accounts.
- Status
- Active - Proposal to Strike off
- Location
- Edgware, London
- Age
- 19 yrs · since 2006
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2020 | 31 Dec 2021 | 31 Dec 2022 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £34.9k | £3.5k | £9.3k |
| Profit after tax | −£195k | −£7.6k | −£74.2k |
| Profit (best available) | −£195k | −£7.6k | −£74.2k |
| Staff costs | £13k | £12.6k | — |
| Employees (average) | — | 2 | 0 |
| Ratios | |||
| Profit margin | −557.3% | −216.6% | −796.2% |
| Revenue per employee | — | £1.8k | — |
| Profit per employee | — | −£3.8k | — |
| Growth (year on year) | |||
| Revenue growth | — | ▼89.9% | ▲164.2% |
| Headcount growth | — | — | ▼100% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | −£196k | £6.6k | −£278k |
| Fixed assets | £30.5k | £28.4k | £26.9k |
| Current assets | £169k | £189k | £194k |
| Source | FullAccounts · bulk data Apr 2024 | FullAccounts · bulk data Apr 2024 | FullAccounts · bulk data Apr 2024 |
How the business works
- Profit margin
- −796.2%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 288.2%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- ▼4283%
- Now −£278k
- Cash at bank
- —
- Now —
- Headcount
- ▼100%
- Now 0
- Deferred income
- —
- Now —
- Fixed assets
- ▼6%
- Now £26.9k
Sources
Latest figures from FullAccounts for the year to 31 Dec 2022 (profit −£74.2k), from the Companies House accounts bulk data published Apr 2024. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.