LOGIC ENERGY LTD

🌳Matureactive

SC323404 · ltd · incorporated 2007-05-10

Investment thesis

Well-run mature business — low negotiation leverage; premium likely.

Why interesting: Textbook target; clean filings, stable trading.

Why risky: No pressure on seller; any deal likely at full price.

Why now

Window steady · low confidence

Steady and tidy — no seller pressure yet. Approach only if an angle opens.

Opportunity decay

hardening · 12-months

Already tight — no obvious softening catalysts on the horizon.

· Thesis: well-run, low negotiation leverage

What changed my view

Last 30 days

No material changes in the last 30 days.

Last 90 days

No material changes in the last 90 days.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to May 2025

Net worth

—

book net assets

Opportunity

81/100

Exceptional

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

What this business does

Primary activity: Other information technology service activities

Sector: Information & communication

ALSO REGISTERED FOR

74909Other professional, scientific and technical activities n.e.c.

Investor take

Pursue

Strong opportunity: active trading company with exceptional profile and bankable structure.

Opportunity 81/100 (exceptional), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (73/100).

Data confidence

Overall: medium (78/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile

address, 2 SIC codes, incorporation date

100

Financials

2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed

Lenders & charges

Confirmed no charges registered

Directors & officers

5 officers (4 active, 5 linked, 3 with DOB)

Ownership & PSC

2 active PSC(s) of 2 total, 2 with control declared

Director network

1 connected companies via shared directors

Filing history

55 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

81/100Exceptional

PassWatchWorth a lookStrongExceptional

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

—

Current Assets

—

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102

Metric	2025-05-31	2024-05-31
Average employees	5	600

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

1 signal detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.

Available from the Pro tier upwards.

See pricing →

Recent activity

Last 30 days

filings

Last 90 days

filings

Last 180 days

filings

• 1 confirmation-statement
• 1 accounts

Counts from Companies House filing history.

Corporate timeline (22 events)Click to expand

2026-02-26
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-01-20
📄
change-person-director-company-with-change-date
officers · CH01
2025-02-21
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-04-30
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-02-12
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-01-25
➕
ANDRINGA, Johnnie appointed
director
2023-02-27
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-11-18
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-02-21
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-01-22
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-06-03
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2020-02-17
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-11-26
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-03-06
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2016-10-03
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-06-22
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2009-09-16
➕
FDKNE HOLDING B.V. appointed
corporate-director
2009-09-16
➖
ADRINGA, Johnnie resigned
director
2009-05-08
➕
ADRINGA, Johnnie appointed
director
2007-05-10
🏢
Company incorporated
As LOGIC ENERGY LTD
2007-05-10
➕
ESTELLES, Rose appointed
secretary
2007-05-10
➕
ESTELLES, Eduardo appointed
director

Owner dependency

68/100

High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS

+Long-tenure founder: Senior director has been in place 19 years — deep operational knowledge concentrated in one person.
+Senior director age: Director aged approximately 63 — approaching natural succession window.

Succession & seller-readiness

63/100

Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS

primaryFounder aged 63+: Senior director is approximately 63. Approaching typical UK retirement age — succession thinking likely.
secondary12+ year tenure: Director in role 19 years.
supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

clean

No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Group structure

Spanishalleycat Limited holds majority control (50-75%). Likely parent but not wholly-owned.

🏛️

Spanishalleycat Limited

Corporate parent · holds 50-75% shares

majority

⬇

LOGIC ENERGY LTD

This company · SC323404

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

2 active beneficial owners

Name	Shares	Voting rights	Nature of control	Notified
Spanishalleycat Limited Corporate entity	50–75%	50–75%	50-75% shares · 50-75% voting	06/04/2016
Mr Johnnie Leo Andringa Individual · Dutch · DOB 02/1963 · age 63	25–50%	25–50%	25-50% shares · 25-50% voting	06/04/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

🔒Co-director network graph

Radial SVG graph showing every company connected via shared directors, colour-coded by status.

Available from the Pro tier upwards.

See pricing →

Similar companies

Active · Technology · PA postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
JACK MACDONALD & CO LIMITED→ SC259171 · est 2003	£538.6k £384.7k–£692.5k	£154.8k	—	200	22y	87	66y
E-DIESELS LIMITED→ SC200254 · est 1999	£127.0k £90.7k–£163.3k	—	—	0	26y	81	63y
ARGYLL FM LIMITED→ SC160070 · est 1995	—	—	—	500	30y	83	77y
MJD SYSTEMS LTD.→ SC243351 · est 2003	—	—	£632.8k	—	23y	83	64y
ALHAMBRA FILMS LIMITED→ SC157768 · est 1995	—	—	£20.2k	—	31y	82	64y
INTERIM MANAGEMENT PROGRAMMES LIMITED→ SC192609 · est 1999	—	—	£109.6k	—	27y	82	64y
ISYS COMPUTER SERVICES LIMITED→ SC152595 · est 1994	—	—	—	700	31y	82	70y
MINDGENIUS LTD.→ SC312478 · est 2006	—	—	—	200	19y	82	66y
MURRO BROTHERS LIMITED→ SC031284 · est 1954	—	—	£146.7k	—	72y	82	71y
CELTIC MUSIC RADIO LIMITED→ SC271561 · est 2004	—	—	£2.1k	—	21y	81	80y
DUNOON RADIO LTD→ SC312477 · est 2006 · no financials extracted	—	—	—	—	19y	81	81y
MOR MEDIA LIMITED→ SC192206 · est 1998	—	—	£2.2k	—	27y	81	64y

Peers ranked by estimated value, then turnover, then opportunity score.See all →

🔒Tailored diligence questions

6 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.

Available from the Pro tier upwards.

See pricing →

🔒Advanced scoring suite

Exit-route ranking, improvement thesis, quiet-distress detector, covenant-pressure proxy, extraction monitor, approaching triggers, ownership drift, local cluster, value trap, debt capacity, archetype classification — 48+ scoring modules.

Available from the Pro tier upwards.

See pricing →

Company details

Statusactive

Typeltd

Incorporated2007-05-10

Jurisdictionscotland

Primary SIC62090 — Other information technology service activities

Registered office

Titanium 1 Kings Inch Place

Renfrew

PA4 8WF

Scotland

Filing status

Accounts

Next due: 2027-02-28

Last made up to: 2025-05-31

Confirmation statement

Next due: 2027-05-18

Last: 2026-05-04

Officers (4 active · 1 resigned)

ESTELLES, Rose→

secretary · appointed 2007-05-10

View their other companies + combined net worth →

Active

ANDRINGA, Johnnie→

director · ~63y · appointed 2024-01-25

View their other companies + combined net worth →

Active

ESTELLES, Eduardo→

director · ~51y · appointed 2007-05-10

View their other companies + combined net worth →

Active

FDKNE HOLDING B.V.→

corporate-director · appointed 2009-09-16

View their other companies + combined net worth →

Active

ADRINGA, Johnnie→

director · ~63y · appointed 2009-05-08 · resigned 2009-09-16

Resigned

Click a director name to see their full track record across all companies.

Recent filings (55 total)

confirmation-statement-with-no-updates

confirmation-statement · CS01

2026-05-05

accounts-with-accounts-type-total-exemption-full

accounts · AA

2026-02-26

change-person-director-company-with-change-date

officers · CH01

2026-01-20

confirmation-statement-with-no-updates

confirmation-statement · CS01

2025-05-21

accounts-with-accounts-type-total-exemption-full

accounts · AA

2025-02-21

confirmation-statement-with-no-updates

confirmation-statement · CS01

2024-05-13

appoint-person-director-company-with-name-date

officers · AP01

2024-04-30

accounts-with-accounts-type-total-exemption-full

accounts · AA

2024-02-12

confirmation-statement-with-updates

confirmation-statement · CS01

2023-05-19

accounts-with-accounts-type-total-exemption-full

accounts · AA

2023-02-27

change-registered-office-address-company-with-date-old-address-new-address

address · AD01

2022-11-18

confirmation-statement-with-updates

confirmation-statement · CS01

2022-05-24

accounts-with-accounts-type-total-exemption-full

accounts · AA

2022-02-21

confirmation-statement-with-no-updates

confirmation-statement · CS01

2021-05-13

accounts-with-accounts-type-total-exemption-full

accounts · AA

2021-01-22