Company Overview
Ignite Prologic Solutions Limited is a Dissolved Private Limited Company.
Registered Address

4Th Floor, The Anchorage, 34 Bridge Street, Reading, RG1 2LU
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Companies House Data
Company NameIGNITE PROLOGIC SOLUTIONS LIMITED
Company Number05031466
Registered Office Address4th Floor, The Anchorage, 34 Bridge Street
 RG1 2LU
Company CategoryPrivate Limited Company
Company StatusDissolved
Country of OriginUnited Kingdom
Incorporation Date02/02/2004
Accounting Reference Date Day31
Accounting Reference Date Month3
Accounts Next Due Date31/12/2021
Accounts Last Made Up Date31/03/2020
Accounts Account CategorySMALL
Returns Next Due Date02/03/2017
Returns Last Made Up Date02/02/2016
Previous Company NameChanged Date
PROLOGIC LIMITED24 Jul 2019
WATCHCYCLE PLC16 Jun 2004
Directors & Members
Show Resigned
Andrew Price - Director
(American, 52 years old, born August 1974)
Appointed 01 May 2012
 Active
Pitsec Ltd - Secretary
Appointed 31 July 2012
 Active
Secretaries
Show Resigned
Pitsec Ltd - Secretary
Appointed 31 July 2012
 Active
Other Company Directorships
Andrew Price
CENTRA TECHNOLOGY LIMITED
ESWC ACQUISITIONS LTD
KAYAKO LIMITED
NUVIEW SYSTEMS LIMITED
PROLOGIC COMPUTER CONSULTANTS LIMITED
Balance Sheet Unlock full report
Accounts Date 31-Mar-2020 31-Mar-2015 31-Mar-2014
Balance Sheet
Fixed Assets 0 0 1,190,000
Current Assets 3,861,000 3,861,000 2,667,000
Creditors Due Within One Year 5,063,000 5,063,000 5,600,000
Working Cap -1,202,000 -1,202,000 -2,933,000
Total Assets Less Current Liabilities -1,202,000 -1,202,000 -1,743,000
Long-term Liabilities 57,000 57,000 224,000
Net Assets -1,259,000 -1,259,000 -1,967,000
Share Capital & Reserves
Share Cap 50,000 50,000 50,000
Profit & Loss Reserves -4,043,000 -4,043,000 -4,751,000
Other Reserves 2,734,000 2,734,000 2,734,000
Shareholders Funds -1,259,000 -1,259,000 -1,967,000
Common Size Financial Analysis Unlock full report
Accounts Date 31-Mar-2020 31-Mar-2015 31-Mar-2014
Tangible Fixed Assets - - -
Fixed Assets 0.0% 0.0% 30.9%
Stocks Inventory 0.0% 0.0% 0.0%
Debtors 48.8% 48.8% 29.8%
Cash Bank In Hand 1.3% 1.3% 23.3%
Current Assets 100.0% 100.0% 69.1%
Creditors Due Within One Year 131.1% 131.1% 145.2%
Net Current Assets Liabilities -31.1% -31.1% -76.0%
Creditors Due After One Year 1.5% 1.5% 5.8%
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability -32.6% -32.6% -51.0%
Called Up Share Capital 1.3% 1.3% 1.3%
Share Capital Allotted Called Up Paid 1.3% 1.3% 1.3%
Profit Loss Account Reserve -104.7% -104.7% -123.2%
Shareholder Funds -32.6% -32.6% -51.0%
Capital Employed - - -
Total Assets Less Current Liabilities -31.1% -31.1% -45.2%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Mar-2020 31-Mar-2015 31-Mar-2014
Liquidity Ratio 0.8 0.8 0.5
Solvency Ratio 0.8 0.8 0.7
Reserves to Assets -1.0 -1.0 -1.2
Secured Creditors Unlock full report
Mortgages Charges 2
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 2
Assets and Debt Analysis Unlock full report
Accounts Date 31-Mar-2020 31-Mar-2015 31-Mar-2014
Assets 3,861,000 3,861,000 3,857,000
Debt 5,120,000 5,120,000 5,824,000
Net Assets/Debt -1,259,000 -1,259,000 -1,967,000
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
Final Gazette dissolved via voluntary strike-off
Voluntary strike-off action has been suspended
First Gazette notice for voluntary strike-off
Application to strike the company off the register
Satisfaction of charge 2 in full
Satisfaction of charge 1 in full
Cessation of Joseph Anthony Liemandt as a person with significant control on 6 April 2016
Notification of Esw Capital Llc as a person with significant control on 6 April 2016
Confirmation statement made on 2 February 2021 with no updates
Director's details changed for Mr Andrew Simon Price on 10 February 2021
Confirmation statement made on 2 February 2020 with no updates
Change of details for Mr Joseph Anthony Liemandt as a person with significant control on 13 February 2020
Resolutions
Resolutions
Termination of appointment of Marisa Elena Goldenberg as a director on 1 July 2019
Registered office address changed from C/O Pitmans Llp 47 Castle St Reading Berkshire RG1 7SR to 4th Floor, the Anchorage, 34 Bridge Street Reading RG1 2LU on 28 February 2019
Confirmation statement made on 2 February 2019 with no updates
Confirmation statement made on 2 February 2018 with no updates
Appointment of Ms Marisa Elena Goldenberg as a director on 1 August 2017
Termination of appointment of Danielle Rios Royston as a director on 1 August 2017
Register inspection address has been changed to The Anchorage Bridge Street Reading Berkshire RG1 2LU
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