# LINCAN SERVICES LTD (09608438)

> LINCAN SERVICES LTD is an active private limited company (company number 09608438) incorporated on 26 May 2015, registered in London. Its registered activity is demolition (SIC 43110). Latest small accounts cover the period ending 31 May 2025, showing net assets of −£107k and cash of £175k, with 4 employees on average. Net assets fell 344% on the prior period (£44k).

- Status: Active
- Incorporated: 2015-05-26
- Registered office: London, WC2H 9JQ
- SIC 43110: Demolition
- Next accounts due: 2027-02-28
- Confirmation statement due: 2027-06-09
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the bottom quarter of 84 comparable companies in London (median £346, upper quartile £38k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-05-31 | −£107k | £175k | £12k | £292k | — | — | 4 |
| 2024-05-30 | £44k | £201k | £23k | £151k | — | — | 9 |

current ratio 0.64; size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets below zero: Net assets £-106,829 at 31 May 2025
- Net assets down 25% or more on the prior period: -343.5% vs prior period
- Current assets below creditors within one year: Current ratio 0.64
- Cash at bank of £50,000 or more: Cash £174,680
- Incorporated five or more years ago: Incorporated 26 May 2015

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Mr Ionut Lincan — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors, since 2016-04-06

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/09608438
HTML: https://firmoscan.com/company/09608438-lincan-services-ltd