# LOGIE TIMBER LIMITED (SC658597)

> LOGIE TIMBER LIMITED is an active private limited company (company number SC658597) incorporated on 31 March 2020, registered in Forres. Its registered activity is sawmilling and planing of wood (SIC 16100). Latest small accounts cover the period ending 31 March 2025, showing net assets of −£412k and cash of £20k, with 14 employees on average. Net assets fell 69% on the prior period (−£243k).

- Status: Active
- Incorporated: 2020-03-31
- Registered office: Forres, IV36 2QN
- SIC 16100: Sawmilling and planing of wood
- Next accounts due: 2026-12-31
- Confirmation statement due: 2027-04-14
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the bottom quarter of 161 comparable companies in Other (median £28k, upper quartile £664k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-03-31 | −£412k | £20k | £115k | £1.46m | — | — | 14 |
| 2024-03-31 | −£243k | £18k | £75k | £1.29m | — | — | 14 |

current ratio 0.17; size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets below zero: Net assets £-411,602 at 31 March 2025
- Net assets down 25% or more on the prior period: -69.2% vs prior period
- Current assets below creditors within one year: Current ratio 0.17
- Incorporated five or more years ago: Incorporated 31 March 2020

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Mr Alexander William Grant Laing — owns 25–50% of shares; holds 25–50% of voting rights; has significant influence or control, since 2020-03-31
- Mr Mark Alexander Councill — owns 25–50% of shares; holds 25–50% of voting rights; has significant influence or control, since 2020-03-31

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/SC658597
HTML: https://firmoscan.com/company/SC658597-logie-timber-limited