Logical Magic LtdDissolved
Logical Magic Ltd made £0 revenue and a £4k loss in the year to 31 Jan 2023.
Logical Magic Ltd’s revenue was £0 in the year to 31 Jan 2023, with a loss of £4k and 1 employee. We hold 2 years of its filed accounts. It is no longer on the Companies House register.
- Status
- Dissolved
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Jan 2022 | 31 Jan 2023 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £0 | £0 |
| Profit after tax | −£17.7k | −£4k |
| Profit (best available) | −£17.7k | −£4k |
| Staff costs | £13.6k | £1.7k |
| Employees (average) | 1 | 1 |
| Ratios | ||
| Profit margin | — | — |
| Revenue per employee | £0 | £0 |
| Profit per employee | −£17.7k | −£4k |
| Growth (year on year) | ||
| Headcount growth | — | 0% |
| Balance sheet — indirect signals, not revenue | ||
| Net assets | £4.6k | £634 |
| Fixed assets | £1.6k | £946 |
| Current assets | £3k | £109 |
| Source | FullAccounts · bulk data Oct 2023 | FullAccounts · bulk data Oct 2023 |
How the business works
- Profit margin
- —
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £0
- Revenue ÷ average employees.
- Profit per employee
- −£4k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- 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
- ▼86%
- Now £634
- Cash at bank
- —
- Now —
- Headcount
- 0%
- Now 1
- Deferred income
- —
- Now —
- Fixed assets
- ▼41%
- Now £946
Sources
Latest figures from FullAccounts for the year to 31 Jan 2023 (profit −£4k), from the Companies House accounts bulk data published Oct 2023. 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.