{"name":"L.S. SYSTEMS LIMITED","company_number":"02329261","status":"Active","type":"Private Limited Company","incorporated":"1988-12-16","dissolved":null,"registered_office":"184 Blackgate Lane, Tarleton, Preston, PR4 6UU","postcode":"PR4 6UU","sic_codes":[{"code":46180,"description":"Agents specialized in the sale of other particular products"}],"principal_activity":null,"previous_names":[],"warnings":[],"accounts":{"category":"Total Exemption Full","year_end":"31 December","last_made_up_to":"2025-12-31","next_due":"2027-09-30"},"employees":{"count":21,"accounts_date":"2025-12-31"},"financials":[{"financial_date":"2025-12-31","net_assets":-531259,"cash":690,"average_employees":21},{"financial_date":"2024-12-31","net_assets":-478753,"cash":534,"average_employees":25},{"financial_date":"2023-12-31","net_assets":-211848,"cash":1307,"average_employees":34},{"financial_date":"2022-12-31","net_assets":390402,"cash":14486},{"financial_date":"2021-12-31","net_assets":983642,"cash":486231}],"officers":{"current":5,"resigned":4,"complete":true,"note":"Names and details of individual officers are on the People page (subscriber-only on this site) and free at Companies House."},"charges":{"total":1,"outstanding":1},"gazette_notices":[],"insolvency_outcome":null,"ai_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 [name withheld] family to fund ongoing operations.","website":"http://lssystems.co.uk","links":{"page":"https://www.companiesintheuk.co.uk/ltd/ls-systems","people":"https://www.companiesintheuk.co.uk/company/ls-systems/people","filing_history":"https://www.companiesintheuk.co.uk/company/ls-systems/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/02329261","financials":"https://www.companiesintheuk.co.uk/company/ls-systems/financial","control":"https://www.companiesintheuk.co.uk/company/ls-systems/control","charges":"https://www.companiesintheuk.co.uk/company/ls-systems/charges","ai_analysis":"https://www.companiesintheuk.co.uk/company/ls-systems/analysis"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/ls-systems"}