LSL MHF CIRRUS LTD
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Cash
£90K
-78.6% lowest in 3 filed years
Net assets
-£6.7M
-57.5% lowest in 3 filed years
Employees
2
0% vs 2024
Profit before tax
-£2.4M
-12.8% vs 2024
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Negative shareholders' funds
Net assets
3-year trend · vs Real Estate median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £170,333 | £0 | — | — | |
| Operating profit | -£289,757 | -£140,028 | -£101,230 | +27.7% | |
| Profit before tax | -£2,723,796 | -£2,107,033 | -£2,376,202 | -12.8% | |
| Net profit | -£2,658,697 | -£2,150,023 | -£2,381,012 | -10.7% | |
| Cash | £710,426 | £420,928 | £90,201 | -78.6% | |
| Total assets less current liabilities | — | £16,815,149 | £16,711,587 | -0.6% | |
| Net assets | -£2,825,291 | -£4,261,647 | -£6,712,855 | -57.5% | |
| Equity | -£2,825,291 | -£4,261,647 | -£6,712,855 | -57.5% | |
| Average employees | 2 | 2 | 2 | 0% | |
| Wages | £671 | £0 | — | — | |
| Directors' remuneration | £0 | £0 | £0 | — |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | -170.1% | — | — | |
| Return on capital employed | — | -0.8% | -0.6% | |
| Gearing (liabilities / total assets) | 117.6% | 125.2% | 140.0% | |
| Current ratio | 6.48x | 12.63x | 2.20x | |
| Interest cover | -0.12x | -0.07x | -0.04x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Margin ratios are hidden where reported turnover is too small relative to profit to yield a meaningful figure — typical of holding companies whose income is mostly subsidiary dividends rather than trading revenue. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- IFRS
- Reporting scope
- Consolidated group
- Abridged
- Yes — abridged accounts (limited disclosure)
- Auditor
- Xeinadin Audit Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.”
Group structure
- LSL MHF CIRRUS LTD · parent
- LSL MHF Limited 100%
- J&A Speakman Limited 60%
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 2 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CAVANAGH, Daniel Remy | Director | 2022-07-20 | Dec 1979 | British |
| TTAROU, Nicholas | Director | 2024-11-12 | Dec 1969 | British |
Show 2 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| GRIFFITHS, Ashley Philip | Director | 2022-07-20 | 2024-11-12 |
| NEMBHARD, Anthea Marie | Director | 2022-07-20 | 2022-08-30 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Daniel Remy Cavanagh | Individual | Shares 75–100%, Voting 75–100%, Appoints directors | 2022-07-20 | Ceased 2022-08-30 |
Filing timeline
Last 20 of 23 total filings
Material constitutional events — rename, articles re-file, resolution
- 2024-11-23 MA Memorandum articles
- 2024-11-23 RESOLUTIONS Resolution
- 2022-09-07 MA Memorandum articles
- 2022-09-07 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-31 | AA | accounts | Accounts with accounts type group | |
| 2025-08-28 | AA | accounts | Accounts with accounts type group | |
| 2025-07-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-11-23 | MA | incorporation | Memorandum articles | |
| 2024-11-23 | RESOLUTIONS | resolution | Resolution | |
| 2024-11-13 | TM01 | officers | Termination director company with name termination date | |
| 2024-11-13 | AP01 | officers | Appoint person director company with name date | |
| 2024-08-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-07-19 | AA | accounts | Accounts with accounts type group | |
| 2024-04-29 | AA01 | accounts | Change account reference date company previous extended | |
| 2023-07-24 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-12-09 | CH01 | officers | Change person director company with change date | |
| 2022-11-22 | CH01 | officers | Change person director company with change date | |
| 2022-09-07 | SH02 | capital | Capital alter shares subdivision | |
| 2022-09-07 | SH08 | capital | Capital name of class of shares | |
| 2022-09-07 | MA | incorporation | Memorandum articles | |
| 2022-09-07 | RESOLUTIONS | resolution | Resolution | |
| 2022-09-06 | PSC08 | persons-with-significant-control | Notification of a person with significant control statement | |
| 2022-09-06 | SH10 | capital | Capital variation of rights attached to shares | |
| 2022-09-06 | PSC07 | persons-with-significant-control | Cessation of a person with significant control |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.