L.s. Systems Limited

Ls Systems Ltd from Preston UK is a small, family-run business with an active status, celebrating 36 years since its founding. Employing 34 people and holding £1,318,918 in assets, it operates from a real address and is managed by three directors and two owners. The company is a regular importer, specializing in plastics and plastic products, with 84 months of import activity recorded, the latest in March 2025.

The company operates in the agents specialized in the sale of other particular products industries. Its website is currently unavailable, making it difficult to determine if it engages in e-commerce or primarily functions as a wholesale agent.

Financially, Ls Systems Ltd presents a mixed picture. Current assets have decreased by 30%, dropping to £1,300,000. Net assets have taken a significant hit, plummeting 72% to just £230,000. Bank borrowings have surged by an astonishing 690%, reaching £130,000, while cash reserves have fallen 91%, leaving just £1,300. Creditors have decreased by 18%, suggesting improved debt management. The company meets two of three criteria to be considered small, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees.

The company’s retained earnings have declined, resulting in a negative equity position. The increase in bank borrowings, combined with the decrease in cash reserves, suggests the company may be burning through money. The directors list was changed two months ago, which is a good sign. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

In short, Ls Systems Ltd is facing financial pressures, despite its long-standing presence and family ownership.

Registered in England/Wales under the registration number 02329261, with a registered address at PR4 6UU, Preston, 184 Blackgate Lane, Tarleton.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.