# LY RED LIMITED (14839811)

> LY RED LIMITED is an active private limited company (company number 14839811) incorporated on 2 May 2023, registered in Saxmundham. Its registered activity is licenced restaurants (SIC 56101). Latest micro accounts cover the period ending 31 May 2025, showing net assets of −£2,725, with 2 employees on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets fell 240% on the prior period (£1,947).

- Status: Active
- Incorporated: 2023-05-02
- Registered office: Saxmundham, IP17 1DF
- SIC 56101: Licenced restaurants
- Next accounts due: 2027-02-28
- Confirmation statement due: 2027-05-16
- Accounts type: MICRO ENTITY

By net assets it sits in the lower half of 4,311 comparable companies in Other (median £100, upper quartile £26k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-05-31 | −£2,725 | — | — | £16k | — | — | 2 |
| 2024-05-31 | £1,947 | — | — | £13k | — | — | 1 |

current ratio 0.65; size band micro.

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

- Net assets below zero: Net assets £-2,725 at 31 May 2025
- Net assets down 25% or more on the prior period: -240.0% vs prior period
- Current assets below creditors within one year: Current ratio 0.65
- Incorporated two to five years ago: Incorporated 2 May 2023

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

## Persons with significant control

- Ms Qingqing Lin — owns 25–50% of shares; holds 25–50% of voting rights; can appoint or remove directors, since 2023-05-02
- Mr Yi Liang — owns 25–50% of shares; holds 25–50% of voting rights; can appoint or remove directors, since 2023-05-02

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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/14839811
HTML: https://firmoscan.com/company/14839811-ly-red-limited