# LSG SUBSEA LTD (SC724528)

> LSG SUBSEA LTD is an active private limited company (company number SC724528) incorporated on 27 February 2022, registered in Inverurie. Its registered activity is other professional, scientific and technical activities n.e.c. (SIC 74909). Latest small accounts cover the period ending 31 December 2024, showing net assets of −£114k and cash of £81k, with 3 employees on average. Net assets fell 18% on the prior period (−£97k).

- Status: Active
- Incorporated: 2022-02-27
- Registered office: Inverurie, AB51 5PD
- SIC 74909: Other professional, scientific and technical activities n.e.c.
- Next accounts due: 2026-09-30
- Confirmation statement due: 2027-03-13
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the bottom quarter of 624 comparable companies in Aberdeen (median £13k, upper quartile £76k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2024-12-31 | −£114k | £81k | £27k | — | — | — | 3 |
| 2024-02-29 | −£97k | £19k | £36k | — | — | — | 2 |

size band micro.

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

- Net assets below zero: Net assets £-114,034 at 31 December 2024
- Cash at bank of £50,000 or more: Cash £81,263
- Incorporated two to five years ago: Incorporated 27 February 2022
- Accounts past their due date: Due 30 September 2026

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

## Persons with significant control

- Mr Mark Neill — owns 25–50% of shares; holds 25–50% of voting rights; can appoint or remove directors, since 2022-02-27
- Mr Jason Lewis Wilson — owns 25–50% of shares; holds 25–50% of voting rights, since 2025-10-01

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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/SC724528
HTML: https://firmoscan.com/company/SC724528-lsg-subsea-ltd