L.S. SYSTEMS LIMITED
Company number 02329261 · Monitor this company
Executive summary
L.S. Systems Limited presents a HIGH risk profile as a technically insolvent company with net liabilities of £478,753, negligible cash of £534, and a going concern status dependent on owner financial support. The dramatic deterioration from a net asset position of £1.27 million in 2019 to the current deficit, with particular acceleration between 2021-2022, requires thorough investigation before any investment consideration. While the committed owners and 35-year trading history provide some reassurance, the company's survival currently rests on the continued willingness and ability of the Ball family to fund ongoing operations.
Shareholders' funds
-£719,775
Balance sheet as at 2024-12-31
Overview
- Company type
- Private Limited Company
- Incorporated
- 1988-12-16
- Employees
- 25 (2024 accounts · was 34 in 2023)
- Registered office
- 184 Blackgate Lane, Tarleton, Preston, PR4 6UU
- Postcode
- PR4 6UU
- Capital
- 100 GBP
- Accounts category
- Small
- Charges
- 1 outstanding
Accounts
- Last made up to
- 2024-12-31
- Next due by
- 2026-09-30
- Financial year end
- 31 December
Confirmation statement
- Last statement dated
- 2026-08-16
- Next due by
- 2027-08-30
Nature of business (SIC)
- 46180 Agents specialized in the sale of other particular products
Officers 5 current · 4 resigned
Data protection registration
Registered with the ICO as a data protection fee payer — ZB133254 (Tier 2), registered since 2021.
Information Commissioner's Office register of fee payers, licensed under the Open Government Licence.
Contact details
- Website
- lssystems.co.uk
- Phone
- 01772812484
Horticultural And Irrigation Products. We have been supplying both for over 25 years.
Among its peers
2nd largest employer
of 36 similar companies in PR, with 25 staff. 3rd oldest of its local peers.
Competitors Preston
This company ranks 44 among agents specialized in the sale of other particular products in Preston.
The class of 1988
51%
of the 20,915 companies incorporated in 1988 are still active today; 43% have since been dissolved.
A fact about the year, not a forecast for this company.