LCS LEGAL SERVICES GROUP LIMITED Financials
- Company number
- 06054145Copy
Copy - Registered office
- 1a Millennium Building, Dawlish Business Park, Dawlish EX7 0NH
- Incorporated
- 16/01/2007
Company snapshot
- Status
- Active
- Employees
- 5 (2024)
- Latest financial data
- 2024
- Accounts type
- Micro Entity
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
27.76%vs 20232023: £3.12K
Total Assets
-14.84%vs 20232023: £52.12K
Total Liabilities
-17.55%vs 20232023: £49.00K
Employees
0vs 20232023: 5
In 2024, LCS LEGAL SERVICES GROUP LIMITED reported net assets of £3.99K. The same filing shows total assets of £44.39K and total liabilities of £40.40K. Reported headcount was 5 in 2024. Total Liabilities fell from £49.00K in 2023 to £40.40K in 2024 (-17.55%). Okredo holds filed figures for 2021–2024; the table below lists every reported indicator by year. See every reported indicator by year.
Financial performance
Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.
Net Assets
27.76%from £3.12K in 2023Year-on-year change
Net Assets as filed for 2021–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures LCS LEGAL SERVICES GROUP LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-54.9%vs 2022-32.9% a year compound (CAGR)
Total Assets
-23%vs 2022-12.3% a year compound (CAGR)
Total Liabilities
-17.2%vs 2022-9% a year compound (CAGR)
Employees
-16.7%vs 2022-1Biggest decrease
Net Assets-54.9%
£8.85K in 2022 to £3.99K in 2024
Every indicator Okredo holds for LCS LEGAL SERVICES GROUP LIMITED fell between 2022 and 2024. The steepest fall came in net assets, pointing to a weakening balance sheet, with total assets, total liabilities and employee numbers falling alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from LCS LEGAL SERVICES GROUP LIMITED's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.
- Net assets to total assets
- 8.99%2024
- Liabilities to total assets
- 91.01%2024
Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for LCS LEGAL SERVICES GROUP LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 20.53K | 8.85K | 3.12K | 3.99K |
| Total Assets£ | 96.62K | 57.67K | 52.12K | 44.39K |
| Cash in Bank£ | – | – | – | – |
| Total Liabilities£ | 76.08K | 48.82K | 49.00K | 40.40K |
| Employees | 5 | 6 | 5 | 5 |
LCS LEGAL SERVICES GROUP LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has LCS LEGAL SERVICES GROUP LIMITED filed financial statements?
Yes. Okredo holds filed figures for LCS LEGAL SERVICES GROUP LIMITED covering 2021–2024, across 4 reported indicators. The most recent reported year is 2024.
What net assets did LCS LEGAL SERVICES GROUP LIMITED report in 2024?
LCS LEGAL SERVICES GROUP LIMITED reported net assets of £3.99K for 2024. That compares with £3.12K in 2023, a change of 27.76%.
What total assets did LCS LEGAL SERVICES GROUP LIMITED report in 2024?
LCS LEGAL SERVICES GROUP LIMITED reported total assets of £44.39K for 2024. That compares with £52.12K in 2023, a change of -14.84%.
What total liabilities did LCS LEGAL SERVICES GROUP LIMITED report in 2024?
LCS LEGAL SERVICES GROUP LIMITED reported total liabilities of £40.40K for 2024. That compares with £49.00K in 2023, a change of -17.55%.
How many people does LCS LEGAL SERVICES GROUP LIMITED employ?
LCS LEGAL SERVICES GROUP LIMITED reported 5 employees in 2024, compared with 5 in 2023.
How have LCS LEGAL SERVICES GROUP LIMITED financials changed over the last 3 years?
Between 2022 and 2024, LCS LEGAL SERVICES GROUP LIMITED's net assets fell by 54.9%, total assets fell by 23%, total liabilities fell by 17.2% and employee numbers fell by 16.7%. Net assets contracted at 32.9% a year across the two years to 2024, from £8.85K to £3.99K. Reported headcount went from 6 in 2022 to 5 in 2024 (-1).
Which years of LCS LEGAL SERVICES GROUP LIMITED financial data are available?
Okredo holds reported figures for the years 2021, 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.