PRINCIPAL LOGISTICS TECHNOLOGY LIMITED
Company number 01448826 · Monitor this company
Executive summary
Principal Logistics Technology Limited is a stable, wholly-owned subsidiary of Principal Holdings UK, operating in the niche of business and domestic software development with a specific focus on logistics technology. The company demonstrates consistent asset growth and a healthy net asset position, but its strategic direction is tightly coupled to the parent group, limiting independent manoeuvrability while providing financial security. The recent rebranding from Chess Logistics Technology signals a deliberate alignment with the group’s broader logistics ecosystem, positioning the company for targeted expansion but also exposing it to the risks of technological disruption and key-person dependencies.
Shareholders' funds
£919,108
Balance sheet as at 2023-12-31
Overview
- Company type
- Private Limited Company
- Incorporated
- 1979-09-17
- Employees
- 30 (2023 accounts · was 27 in 2022)
- Registered office
- Lincoln House Wellington Crescent, Fradley Park, Lichfield, England, WS13 8RZ
- Postcode
- WS13 8RZ
- Capital
- 95 GBP
- Accounts category
- Audit Exemption Subsidiary
- Charges
- 3 outstanding
Accounts
- Last made up to
- 2025-12-31
- Next due by
- 2027-09-30
- Financial year end
- 31 December
Confirmation statement
- Last statement dated
- 2025-11-26
- Next due by
- 2026-12-10
Nature of business (SIC)
- 62012 Business and domestic software development
Officers 3 current · 9 resigned
Group structure
Controlled by PRINCIPAL HOLDINGS UK LIMITED — since 2016-11-27
From persons-with-significant-control filings on the public register.
Data protection registration
Registered with the ICO as a data protection fee payer — ZA934678 (Tier 2), registered since 2021.
Information Commissioner's Office register of fee payers, licensed under the Open Government Licence.
Previous company names
| Name | Date changed |
|---|---|
| CHESS LOGISTICS TECHNOLOGY LIMITED | 2024-01-06 |
| CHESS CONSULTANCIES LIMITED | 1997-10-24 |
Previous registered addresses 2
| Address | Changed on |
|---|---|
| AVOCADO COURT, COMMERCE WAY, TRAFFORD PARK, MANCHESTER, M17 1HW | 2017-06-21 |
| SHERBORNE TRADING CENTRE, SHERBORNE STREET, CHEETHAM HILL, MANCHESTER M8 8LR | 1993-10-14 |
Among its peers
Top 5%
by shareholders' funds, of 163 similar companies in WS
2nd largest employer among its local peers (30 staff).
2nd oldest of its local peers, trading since 1979.
No.8 of the largest business and domestic software development companies in Walsall →
Competitors Walsall
This company ranks 8 among business and domestic software development in Walsall.
The class of 1979
49%
of the 8,388 companies incorporated in 1979 are still active today; 43% have since been dissolved.
A fact about the year, not a forecast for this company.