# LSDL Realisations Limited (04111628)

> Why UK company 04111628 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/04111628

- **Status:** In administration
- **Administration began:** 2023-01-31
- **Administrators:** Tom Straw, Jack Plunkett
- **Administrators' firm:** RSM
- **Formerly:** Light Source Design Limited
- **Incorporated:** 2000-11-21
- **Location:** London
- **Industry:** 61900 Other telecommunications activities

## Why it went into administration

- HMRC / tax arrears
- Creditor pressure / legal action
- Funding withdrawn / unable to refinance
- Cash flow / liquidity pressure
- Competition / price pressure

## From the administrators' statement

Relevant extracts from the Company's financial statements and management accounts are summarised below: Year Ended (£’000) 31/03/2019 31/03/2020 =: 31/03/2021 +=. 31/03/2022 = 31/12/2022

Stat. Stat. Stat. Mgmt. Mgmt.

Revenue 27,518 27,119 48,498 56,200 40,879 Gross Profit 5.533 4,258 66,28 5,482 4,941 Earnings before Tax 4,271 2,042 2,693 100 (1,392)

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/04111628/filing-history/MzM3MzkyMjg0OWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/04111628

Contains public sector information from Companies House, licensed under the Open Government Licence v3.0.