Ls Art Ltd.
- Small
- Active
- 9 years
- Accounts overdue 1 year
- 1 employee
- £15,299 (assets)
- Real address
- 1 director
- 1 owner
- Solo founder
- E-commerce
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Ls Art Ltd is a small, active company based in Sittingbourne, UK, established nine years ago in 2015. It operates an e-commerce site and is run by a solo founder, with one director and one employee. The company’s assets total £15,299, and it has a real registered address. While it’s involved in retail via mail order houses or via internet and freight transport by road, its focus is clearly on artistic creation and sales.
The company’s website, LSArtist.com, showcases the work of Lus Santos, a Portuguese visual artist based in Lisbon. The site features a wide range of artworks, including originals and limited editions, categorized by type (indoor, outdoor, murals) and subject matter. The site also offers commissions, projects, and other inquiries, and encourages visitors to sign up for a newsletter to stay informed about new releases. The website's design is clean and modern, with a focus on showcasing the artist's work in a visually appealing way. It's clear that the company's online presence is central to its business model.
Financially, Ls Art Ltd is showing some concerning trends. Accumulated depreciation has risen, particularly in plant machinery, indicating investment in equipment, but cash reserves have declined by 28% to £15,000. Bank borrowings remain at £23,000, and current assets have fallen by 37% to £15,000. While creditors have also decreased, the drop in cash and assets suggests the company is burning through money. Trade debtors have fallen significantly, which could be a positive sign of better payment collection, but the overall picture is one of financial pressure. The company’s small size (meeting two of three conditions for a small company) helps it remain flexible, but the declining equity and increased depreciation suggest it may need to carefully manage its expenses. There's no auditor mentioned, which is typical for small companies, so the financial data is unaudited. It's likely that the company is still finding its feet, and these trends could be part of a typical startup journey.
Registered in England/Wales under the registration number 09588461, with a registered address at ME9 8WP, England, Sittingbourne, Kent, 13 Cormorant Road, Iwade.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Szancilo Lukasz
- 7 years
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- Szancilo Lukasz
- 9 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted eleven months ago.
Last news
-
Compulsory strike-off action has been suspendedDownload 1 page pdf report
-
First Gazette notice for compulsory strike-offDownload 1 page pdf report
-
Confirmation statement made on 2024-05-02 with no updatesDownload 3 pages pdf report
FAQ about Ls Art Ltd.
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