What is the main business of LS 11?

The main business activity of LS 11 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 June 27, 2023.

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 5,000 (approx. $1,351).

What period do the latest financial data cover?

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

How much revenue was generated?

The company reported a revenue of $1 in 2025, which is an increase of 71.3% compared to 2024.

Is the company profitable?

No, in 2025 the company was not profitable, reporting a net loss of $109,716. For comparison, in 2024 the loss was $15,174, meaning the company increased its loss by 621.4%.

Which cost dominates operating expenses?

The largest operating cost category falls under other operating costs. This category amounted to $13,982 in 2025, representing 100% of all operating expenses.

LS 11sp. z o.o.

Production of electricity

KRS: NIP: REGON:

Overview

Status

Active

Registry date

2023-06-27

Share capital

5,000.00 PLN

Registered address

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

Electronic delivery address

AE:PL-55491-83015-FWHHC-24

Financials

Revenue history

Filing timeliness

Financial statements were filed on time, on average 32 days early.

202529/04/2026
202407/07/2025
202304/07/2024

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 0.68MedianUSD 9.52kAverageUSD 3.13m

Net profit

This companyUSD -109.72kMedianUSD -6.16kAverageUSD -369.58k

Operating costs

This companyUSD 13.98kMedianUSD 19.84kAverageUSD 3.32m

Assets

This companyUSD 75.58kMedianUSD 435.31kAverageUSD 9.23m

Industry

Production of electricity (35.11.Z)Primary
Electric power generation, transmission and distribution (35.1)

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 entitled to represent the company.

Ownership

Owner	Shares	Share value	Stake
Lightsource Renewable Energy Poland Projects 2 Limited	100	$1,350.62	100%

Beneficial owners

Person	Rights

Bank accounts

Registered as a VAT taxpayer on 2023-07-21.

BNP Paribas Bank Polska
97 1600 1462 1730 9068 4000 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
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 11sp. z o.o.	$0.55	unit-e.fr
Unite Pv 12sp. z o.o.	$0.55	unit-e.fr
Unite Pv 13sp. 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
Unite Pv 2sp. z o.o.	$0.51	unit-e.pl

Change history

Date	Event
2023-09-08	Address change (Aleje Jerozolimskie 96/-, 00-807, Warszawa → Ul. Grzybowska 2/29, 00-131, Warszawa)
2023-09-08	Name change (Bessm → Ls 11)
2023-06-27	Entered in the register

FAQ

Last updated: 2026-10-07