Inductive Logic Ltd

Reference number: 740532

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No longer an appointed representative

This firm is still listed on the FCA register, but the record is closed. Cover on business done while it was authorised generally still applies, and it cannot take on new regulated business. Registration ended 16 March 2016.

Website, phone number and address

Compare these against whatever you were given. Scammers clone real firm names and reference numbers but use their own phone number and website, so a detail that does not match the register is the clearest warning sign there is.

  • Last known website

    inductivelogic.co.uk

  • Last known phone number

    01953 859138

  • Last known address

    Hethel Engineering Centre, Chapman Way, Hethel, Norwich, Norfolk, NR14 8FB, United Kingdom

In the full report: 3 background checks

  • When inductivelogic.co.uk first appeared online, and whether it can receive email
  • What kind of line 01953 859138 is
  • Who else gives the postcode NR14 8FB
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Other names (3)

If you were contacted under any of these names, it is this firm.

  • Bevero Trading name
  • IP Vending Trading name
  • The Inductor Trading name

Past FCA permissions and consumer protection

  • The record is closed
    Cover you already have generally survives the cancellation: FSCS exists for firms that have failed, and the Financial Ombudsman Service can look at a complaint about a firm that has stopped trading, as long as the business was done while it was authorised. New business with this firm has no cover at all, because it is no longer permitted to carry it out.

FCA disciplinary action and complaints

No FCA disciplinary action. The Financial Ombudsman Service only publishes complaint figures for firms with 30 or more new complaints in six months, so there are none here for this firm.

Companies House record

The company behind the firm: its status, age, registered office and directors.

Concerns on the company record

  • Accounts are overdue at Companies House.
Company number
06920074
Company status
Active
Company type
Private limited company
Incorporated
1 June 2009 (17 years old)
Registered office
Hethel Engineering Centre Chapman Way, Hethel, Norwich, United Kingdom, NR14 8FB
Nature of business
  • Agents specialised in the sale of other particular products (SIC 46180)

Directors and company secretaries

Name Role Born Appointed Other companies
Ian Francis Baragwanath Director Oct 1963 2 Jun 2009 8 other companies

Other companies run by its director

A firm is run by people, and their other companies are their track record: what they built, what closed, and anything that failed. It is the check most people never think to make.

other companies
8
closed down
2
are FCA-registered
2

In the full report: all 8 companies, named

  • What each company does, and whether it is still trading
  • Which of its director sits on each board, and since when
  • Any that went into liquidation or administration
  • The 2 on the FCA register, including 2 no longer authorised
  • All 3 people who have ever been directors, with their dates
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Filed accounts and finances

Year to 31 December 2024Abridged accountsNot audited

Net assets

£23.8k

+718% from £2,913

Cash at bank

£28.1k

+2.3% from £27.5k

Employees (average)

2

Same as 2

Owed within a year

£29.4k

+36% from £21.7k

Its next accounts are overdue at Companies House.

Assets and liabilities

In the full report: all 6 years of accounts

  • Every year from 2019 to 2024
  • The chart, over every year
  • Every filed figure, year by year
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About these figures
Turnover
Money taken from sales in the year, before any costs.
Profit before tax
What was left after the year’s costs, before corporation tax. A minus figure is a loss.
Net assets, or total equity
Everything the company owns minus everything it owes. A minus figure means it owes more than it owns.
Total assets and total liabilities
Everything the company owns, and everything it owes, on the last day of the year. The gap between them is its net assets.
Cash at bank
Money in the company’s accounts on the last day of the year.
Owed within a year, owed after a year
Debts and bills due in the next twelve months, and those due later.

There is no turnover or profit: small companies do not have to publish them.

Accounts filed at Companies House for company 06920074. Every figure is as filed, apart from total assets and total liabilities, which are added up from filed figures. Nothing is estimated.

Key dates in its history

Inductive Logic’s history from the FCA register and Companies House, newest first.

Key events (3) All events (11)

2016

1 June 2016

  • Ian Francis Baragwanath took control (75–100% of shares)

Companies House

16 March 2016

  • Stopped being an appointed representative

FCA register

2009

1 June 2009

  • Incorporated at Companies House

Companies House

In the full report: all 11 events

  • All 11 events in its history (3 shown here)
  • Every director appointment and resignation: 5
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Firms connected to Inductive Logic

Other FCA-listed firms that share a director, phone number or address with Inductive Logic. A link shows who the firm is tied to, not whether either can be trusted.

connected firms
3
no longer authorised
2
share a director
2

In the full report: all 3 connected firms, named

  • How each is linked: shared directors (2), the same postcode (3)
  • Who links each one: the named directors, with dates
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Get the full report on Inductive Logic

Everything on this page, plus everything locked above, in one dated PDF you can keep, file or send on.

  • 8 other companies its directors have run, named
  • 3 background checks on its contact details
  • 6 years of accounts, charted
  • All 11 events in its history
  • 3 connected firms, named, and who links them

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Frequently asked questions about this firm

Is Inductive Logic Ltd FCA authorised?
No. Inductive Logic Ltd (FRN 740532) is still listed on the FCA register, but the record is closed: no longer an appointed representative.
Is Inductive Logic a scam or clone?
Inductive Logic is not currently authorised by the FCA. Be cautious and verify any firm on the FCA register before dealing with it.
Is my money safe with Inductive Logic?
Money you handed over while it was authorised generally keeps its protection: FSCS covers firms that have failed, and the Financial Ombudsman Service can look at a complaint about a firm that has stopped trading. New business with Inductive Logic has no cover, because it is no longer permitted to carry it out.
Who owns Inductive Logic?
Companies House lists one person with significant control of Inductive Logic: Mr Ian Francis Baragwanath (75–100% of shares).
Who runs Inductive Logic?
Companies House lists one director of Inductive Logic: Ian Francis Baragwanath.
How long has Inductive Logic been in business?
The company was formed on 1 June 2009.
What do Inductive Logic’s latest accounts show?
Its latest accounts, to 31 December 2024, show net assets of £23.8k (+718% from £2,913) and cash at bank of £28.1k (+2.3% from £27.5k). Its accounts are overdue at Companies House.
Does Inductive Logic use any other names?
It trades as Bevero, IP Vending and The Inductor.

Sources and links

The full report on Inductive Logic Ltd

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