Company Overview
Logic10 Procure Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Friday 03 November 2017, so this is a well established company. Logic10 Procure Limited has been in business for 8 years and 5 months. The accounts status is total exemption full and the accounts are next due on Monday 31 August 2026.
Registered Address

Hilton Convention Centre, 13 Smithfield Road, Aberdeen, AB24 4NR
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Companies House Data
Company NameLOGIC10 PROCURE LIMITED
Company NumberSC580618
Registered Office AddressHilton Convention Centre
 13 Smithfield Road
 AB24 4NR
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date03/11/2017
Accounting Reference Date Day30
Accounting Reference Date Month11
Accounts Next Due Date31/08/2027
Accounts Last Made Up Date30/11/2025
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date01/12/2018
Directors & Members
Show Resigned
Oluwaseun Oguntodu - Director
(British, 46 years old, born June 1980)
Appointed 03 November 2017
 Active
Princess Oguntodu - Director
(British, 43 years old, born January 1983)
Appointed 10 December 2024
 Active
Secretaries
No Secretaries Appointed
Other Company Directorships
Oluwaseun Oguntodu
BENI CREATIONS LIMITED
Princess Oguntodu
BENI CREATIONS LIMITED
VANIAH INVESTMENTS LTD
Balance Sheet Unlock full report
Accounts Date 30-Nov-2025 30-Nov-2022 30-Nov-2021
Balance Sheet
Fixed Assets 0 0 0
Current Assets 16,494 16,494 42,071
Creditors Due Within One Year 11,461 11,461 34,256
Working Cap 5,033 5,033 7,815
Total Assets Less Current Liabilities 5,033 5,033 7,815
Long-term Liabilities 5,031 5,031 7,813
Net Assets 2 2 2
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 2 2 2
Common Size Financial Analysis Unlock full report
Accounts Date 30-Nov-2025 30-Nov-2022 30-Nov-2021
Tangible Fixed Assets - - -
Fixed Assets 0.0% 0.0% 0.0%
Stocks Inventory - - -
Debtors 90.9% 90.9% 97.5%
Cash Bank In Hand 9.1% 9.1% 2.5%
Current Assets 100.0% 100.0% 100.0%
Creditors Due Within One Year 69.5% 69.5% 81.4%
Net Current Assets Liabilities 30.5% 30.5% 18.6%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds 0.0% 0.0% 0.0%
Capital Employed - - -
Total Assets Less Current Liabilities 30.5% 30.5% 18.6%
Financial Ratio Analysis Unlock full report
Accounts Date 30-Nov-2025 30-Nov-2022 30-Nov-2021
Liquidity Ratio 1.4 1.4 1.2
Solvency Ratio 1.0 1.0 1.0
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 0
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 30-Nov-2025 30-Nov-2022 30-Nov-2021
Assets 16,494 16,494 42,071
Debt 16,492 16,492 42,069
Net Assets/Debt 2 2 2

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet displays a very modest amount of net assets. For the size of the company as inferred by the balance sheet the amount of net assets represents a relatively small margin of cover over total debts and obligations.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet displays a very modest amount of net assets. For the size of the company as inferred by the balance sheet the amount of net assets represents a relatively small margin of cover over total debts and obligations.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet displays a very modest amount of net assets. For the size of the company as inferred by the balance sheet the amount of net assets represents a relatively small margin of cover over total debts and obligations.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due		 Paid After
30 days due		 Owing Before
30 days due		 Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.
Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
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Document Filings
Confirmation statement made on 1 April 2025 with no updates
Notification of Princess Oguntodu as a person with significant control on 11 December 2024
Change of details for Mr Oluwaseun Bamidele Oguntodu as a person with significant control on 11 December 2024
Appointment of Mrs Princess Ogechi Oguntodu as a director on 10 December 2024
Confirmation statement made on 1 April 2024 with no updates
Confirmation statement made on 1 April 2023 with no updates
Change of details for Mr Oluwaseun Bamidele Oguntodu as a person with significant control on 31 March 2022
Confirmation statement made on 1 April 2022 with updates
Termination of appointment of Idara Enobong Umoh as a director on 1 April 2022
Confirmation statement made on 2 November 2021 with updates
Appointment of Mrs Idara Enobong Umoh as a director on 1 June 2021
Change of details for Mr Oluwaseun Bamidele Oguntodu as a person with significant control on 1 June 2021
Statement of capital following an allotment of shares on 1 June 2021
Registered office address changed from 26 Claymore Avenue Portlethen Aberdeen AB12 4RF United Kingdom to Hilton Convention Centre 13 Smithfield Road Aberdeen AB24 4NR on 29 April 2021
Confirmation statement made on 2 November 2020 with no updates
Confirmation statement made on 2 November 2019 with no updates
Confirmation statement made on 2 November 2018 with no updates
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