LSE Realisation Limited (SC267548): administration
- Status
- Administration ended
- Administration began
- 2017-09-27
- Administrators
- Paul Dounis, Lindsey J Cooper
- Administrators' firm
- RSM
- Formerly
- Lofthus Signs and Engraving Limited; Ledge 789 Limited
- Incorporated
- 2004-05-07
- Location
- Edinburgh
- Industry
- 82990 Other business support service activities n.e.c.
Why it went into administration
- Property / lease costs
- Competition / price pressure
From the administrators' statement
Relevant extracts from the company’s audited financial statements and management accounts are summarised below.
Year ended Year ended Year ended 31 May 2016 31 May 2015 31 May 2014 Fixed Assets 650,390 1,043,654 | 1,176,640 - Current Assets 534,343 528,765 | 632,958 Net Current (173,374) (77,513) 78,234 Assets/ |_(Liabilities)
Net Assets 193,942 459,028
Administrators' statement of proposals (2017-11-20) · Companies House register