LSSL LTD

Executive Summary

LSSL Ltd is an active private limited company recently incorporated and classified as a micro-entity. Its first financial statements show a solvent position with positive net assets and no overdue filings, indicating low immediate risk. However, limited financial history and minimal operational data warrant further investigation into its business model and future sustainability.

LSSL LTD - Analysis Report

Company Number: 14866356

Analysis Date: 2025-07-29 16:58 UTC

1. Risk Rating: LOW

Justification: The company is newly incorporated (May 2023) and has filed its first set of micro-entity accounts on time without any overdue filings. The balance sheet shows positive net current assets and net assets, indicating a solvent position at the reporting date. There are no indications of financial distress, insolvency proceedings, or regulatory non-compliance.

2. Key Concerns:

• Limited Financial History: With only one financial period filed and minimal asset and liability data, there is insufficient evidence to assess operational stability or cash flow trends.
• No Trading Activity or Revenue Information: The accounts disclose no employees and minimal asset values, suggesting either the company is in a start-up phase or holding assets without active trading, which may affect sustainability.
• Concentration of Control: The sole director and 100% shareholder is the same individual, raising governance concerns typical for single-person companies, although common in micro-entities.

3. Positive Indicators:

• Timely Filing: Both accounts and confirmation statement are up to date with no overdue filings, demonstrating compliance with statutory requirements.
• Positive Net Assets: Despite minimal scale, the company shows a positive net asset position (£149), indicating solvency.
• Clear Ownership and Control: The person with significant control is fully disclosed and appears to be compliant with filing and notification obligations.

4. Due Diligence Notes:

• Investigate Business Model: Clarify the company’s intended activities and revenue generation plans, given the SIC code relates to holding company activities.
• Verify Funding Sources: Understand the origin of the initial capital (£149 net assets) and potential for future capital injections or revenue streams.
• Monitor Future Filings: Subsequent accounts and confirmation statements should be reviewed to detect any changes in financial health or control structure.
• Assess Director Background: While no disqualifications or adverse records are noted, a routine check on the director’s history could be prudent.