What is the main business of LS 12?

The main business activity of LS 12 focuses on production of electricity from non-renewable sources.

When was the company founded?

The company was registered in the Polish National Court Register (KRS) on July 18, 2022.

Where is the headquarters located?

The headquarters is located at: ul. Grzybowska 2, 00-131 Warszawa.

Who is on the management board?

The management board includes Piotr Michajłow (Member of the Management Board).

What is the share capital?

The share capital of the company is PLN 840,000 (approx. $226,904).

What period do the latest financial data cover?

The latest available financial statement covers the period from January 1, 2025 to December 31, 2025.

What revenue was generated?

The company reported a revenue of $5 in 2025, which is an increase of 1124.0% compared to 2024.

Is the company profitable?

No, the company recorded a net loss of $12,824 in 2025. For comparison, in 2024 the loss was $16,054, meaning the company reduced its loss by 20.3%.

Which cost dominates operating expenses?

The largest operating cost category falls under other operating costs. This category amounted to $12,801 in 2025, representing 100% of all operating expenses.

LS 12sp. z o.o.

Production of electricity

KRS: NIP: REGON:

Overview

Status

Active

Registry date

2022-07-18

Share capital

840,000.00 PLN

Registered address

ul. Grzybowska 2/29, 00-131 Warszawa, Poland

Electronic delivery address

AE:PL-66110-89390-VGCBG-24

Financials

Revenue history

Filing timeliness

Financial statements were filed on time, on average 53 days early.

202529/04/2026
202407/07/2025
202304/07/2024
202222/03/2023

Filed on timeDelayFiling deadline

Data and insights are generated automatically from financial statements – they may contain errors and are neither a credit assessment nor business advice.

Statistics

How the company ranks by revenue within its industry, region and across Poland in 2025.

Results vs industry

Revenue

This companyUSD 4.61MedianUSD 9.52kAverageUSD 3.14m

Net profit

This companyUSD -12.82kMedianUSD -6.16kAverageUSD -368.66k

Operating costs

This companyUSD 12.80kMedianUSD 19.84kAverageUSD 3.33m

Assets

This companyUSD 5.03mMedianUSD 435.88kAverageUSD 9.25m

Industry

Authorized Representatives

Miguel Fernandez Hortelano – Management Board Member

Piotr Michajłow – Management Board Member

Manner of representation

A member of the management board acting independently is authorized to represent the company.

Ownership

Owner	Shares	Share value	Stake
Lightsource Renewable Energy Poland Projects 2 Limited	16,800	$226,904.38	100%

Beneficial owners

Person	Rights

Bank accounts

Registered as a VAT taxpayer on 2022-07-25.

BNP Paribas Bank Polska
29 1600 1462 1735 2962 0000 0001

Debt

No entries in the National Debtors Register (KRZ).

Public aid

No public aid cases recorded in the last 10 years.

Competitors

Name	Revenue	Website
PEF Pv 023sp. z o.o.	$1.38	pef.org.pl
PEI Pv 03sp. z o.o.	$0.82	peigroup.pl
Unite Pv 9sp. z o.o.	$0.62	unit-e.fr
Unite Pv 8sp. z o.o.	$0.58	unit-e.fr
Unite Pv 5sp. z o.o.	$0.57	unit-e.fr
Unite Pv 13sp. z o.o.	$0.55	unit-e.fr
Unite Pv 11sp. z o.o.	$0.55	unit-e.fr
Unite Pv 12sp. z o.o.	$0.55	unit-e.fr
Unite Pv 14sp. z o.o.	$0.55	unit-e.fr
Unite Pv 7sp. z o.o.	$0.55	unit-e.fr

Change history

Date	Event
2024-03-20	Share capital increase (5,000.00 PLN → 840,000.00 PLN)
2023-12-05	Name change (Nicorvo → Ls 12)
2023-12-05	PKD change (Removed: 10 codes; Added: 10 codes)
2022-07-18	Entered in the register

FAQ

Last updated: 2026-10-07