From the administrators' statement

LLL 1s a property management company formed in 1998 The core business was to provide social housing stock from either properties rented from the private sector or owned properties, together with housing services to local authorities LLL was engaged by over 15 Local Authorities during tts peak with turnover of circa £14 million

In 2006, the Government introduced a scheme which meant that existing occupters of properties in LLL’s portfolio would themselves become directly responsible for the payment of rents Previously rent had been collected from the Local Authorities

Between late 2008 and early 2009, LLL’s management considered that it was no longer cost effective to participate in new schemes being offered by the local authorities Properties that became vacant were subsequently handed back to the respective landlords as LLL took a controlled approach to reducing the portfolio of properties under management

Dig into any UK company's accounts

Search a company to fetch every set of accounts it has filed at Companies House, from incorporation to the latest filing. Tagged (iXBRL) accounts are read directly. Older scanned PDF accounts are read with OCR (optical character recognition).

Profit & loss: revenue, margins and profit, year by year
Balance sheet: assets, liabilities, working capital and net assets
Cash flow: operating, investing and financing flows and free cash flow
Groups: consolidated figures are used when a group files group accounts

Processing now

London Lets Limited (03572460)

Export CSV