Lucion Ground Engineering Ltd

POWER SEARCH PRICING

SOLUTIONS

lucion ground engineering ltd Company Information

Live

EstablishedSmallLow

Company Number

06929574

Website

www.groundengineering.co.uk

Registered Address

ge building newark road, peterborough, PE1 5UA

Industry

Test drilling and boring

Telephone

01733566566

Next Accounts Due

December 2024

Group Structure

View All

Directors

Jamie McGivern2 Years

Joanne Seymour1 Years

View All

Shareholders

delta-simons limited 100%

lucion ground engineering ltd Estimated Valuation

£1.6m

Pomanda estimates the enterprise value of LUCION GROUND ENGINEERING LTD at £1.6m based on Net Assets of £910.4k and 1.75x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

Lucion Ground Engineering Ltd is a live company located in peterborough, PE1 5UA with a Companies House number of 06929574. It operates in the test drilling and boring sector, SIC Code 43130. Founded in June 2009, it's largest shareholder is delta-simons limited with a 100% stake. Lucion Ground Engineering Ltd is a established, small sized company, Pomanda has estimated its turnover at £2.1m with low growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded Lucion Ground Engineering Ltd a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs

Health Rating4.5out of 5

4 Strong

3 Regular

5 Weak

Size

annual sales of £2.1m, make it smaller than the average company (£5.4m)

Growth

3 year (CAGR) sales growth of 3%, show it is growing at a faster rate (0.7%)

EXPORT

Lucion Ground Engineering Ltd's latest turnover from March 2023 is estimated at £2.1 million and the company has net assets of £910.4 thousand. According to their latest financial statements, Lucion Ground Engineering Ltd has 26 employees and maintains cash reserves of £320.9 thousand as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Mar 2023	Jun 2022	Jun 2021	Jun 2020	Jun 2019	Jun 2018	Jun 2017	Jun 2016	Jun 2015	Jun 2014	Jun 2013	Jun 2012	Jun 2011	Jun 2010
Turnover	2,087,048	2,592,586	2,118,769	1,907,954	1,812,642	1,622,321	1,432,462	1,642,717	1,590,108	2,115,317	2,953,293	2,521,159	1,984,346	1,893,951
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	1,539,537	1,810,076	1,394,608	1,367,381	1,342,294	1,160,629	817,430	1,109,101	1,016,449	1,203,188	1,924,922	1,612,958	1,257,208	1,269,372
Gross Profit	547,511	782,510	724,161	540,573	470,347	461,692	615,032	533,616	573,660	912,129	1,028,370	908,201	727,139	624,579
Admin Expenses	302,788	548,733	628,688	491,790	394,560	483,791	613,420	561,779	449,596	692,002	981,461	898,241	714,532	549,053
Operating Profit	244,723	233,777	95,473	48,783	75,787	-22,099	1,612	-28,163	124,064	220,127	46,909	9,960	12,607	75,526
Interest Payable	0	0	1,525	1,525	0	0	0	0	0	0	0	0	0	0
Interest Receivable	13,215	2,477	169	159	571	519	257	467	346	87	69	124	130	53
Pre-Tax Profit	257,938	236,254	94,117	47,417	76,358	-21,580	1,869	-27,696	124,410	220,214	46,978	10,084	12,736	75,579
Tax	-49,008	-44,888	-17,882	-9,009	-14,508	0	-355	0	-24,882	-46,245	-10,805	-2,420	-3,311	-21,162
Profit After Tax	208,930	191,366	76,235	38,408	61,850	-21,580	1,514	-27,696	99,528	173,969	36,173	7,664	9,425	54,417
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	208,930	191,366	76,235	38,408	61,850	-21,580	1,514	-27,696	99,528	173,969	36,173	7,664	9,425	54,417
Employee Costs	1,072,444	1,003,803	906,545	880,081	847,975	759,913	779,099	855,129	547,283	467,886	771,072	1,022,724	765,005	682,888
Number Of Employees	26	26	26	26	25	24	23	24	16	15	22	29	24	23
EBITDA*	280,087	283,160	143,737	89,661	116,623	23,560	50,889	19,047	162,361	257,707	80,948	40,640	44,476	101,015

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Mar 2023	Jun 2022	Jun 2021	Jun 2020	Jun 2019	Jun 2018	Jun 2017	Jun 2016	Jun 2015	Jun 2014	Jun 2013	Jun 2012	Jun 2011	Jun 2010
Tangible Assets	100,777	134,261	172,126	153,099	120,104	105,512	132,940	157,896	124,598	104,822	104,900	93,011	109,690	109,513
Intangible Assets	0	0	0	0	0	0	0	0	0	0	0	0	0	6,863
Investments & Other	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Debtors (Due After 1 year)	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Fixed Assets	100,777	134,261	172,126	153,099	120,104	105,512	132,940	157,896	124,598	104,822	104,900	93,011	109,690	116,376
Stock & work in progress	84,785	88,845	141,654	84,169	172,802	90,618	94,102	109,330	107,759	145,447	116,467	102,031	39,424	47,561
Trade Debtors	346,216	460,569	414,458	314,922	411,724	283,173	259,426	356,513	372,203	380,653	458,305	406,272	470,636	366,741
Group Debtors	314,857	0	0	0	0	0	0	0	0	0	0	0	0	0
Misc Debtors	35,446	48,107	326,945	84,925	113,589	78,652	136,499	88,197	0	0	0	0	0	0
Cash	320,875	301,028	95,308	242,527	75,534	76,766	131,030	74,797	111,970	26,509	8,419	19,073	30,672	21,310
misc current assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total current assets	1,102,179	898,549	978,365	726,543	773,649	529,209	621,057	628,837	591,932	552,609	583,191	527,376	540,732	435,612
total assets	1,202,956	1,032,810	1,150,491	879,642	893,753	634,721	753,997	786,733	716,530	657,431	688,091	620,387	650,422	551,988
Bank overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Bank loan	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Trade Creditors	95,967	97,480	277,985	98,445	161,138	91,810	125,853	155,102	297,053	336,260	537,434	518,549	536,699	465,738
Group/Directors Accounts	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other short term finances	0	0	0	0	0	0	0	0	0	0	0	0	0	0
hp & lease commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other current liabilities	175,296	193,406	308,403	242,727	300,931	195,641	254,427	238,206	0	0	0	0	0	0
total current liabilities	271,263	290,886	586,388	341,172	462,069	287,451	380,280	393,308	297,053	336,260	537,434	518,549	536,699	465,738
loans	0	0	0	50,000	0	0	0	0	0	0	0	0	0	0
hp & lease commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Accruals and Deferred Income	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other liabilities	10,781	23,894	29,394	35,285	17,170	0	1,063	13,641	22,865	25,819	25,820	21,177	37,861	22,848
provisions	10,509	16,557	24,602	19,313	19,050	13,656	17,460	26,104	15,336	13,604	17,058	9,055	11,920	8,885
total long term liabilities	21,290	40,451	53,996	104,598	36,220	13,656	18,523	39,745	38,201	39,423	42,878	30,232	49,781	31,733
total liabilities	292,553	331,337	640,384	445,770	498,289	301,107	398,803	433,053	335,254	375,683	580,312	548,781	586,480	497,471
net assets	910,403	701,473	510,107	433,872	395,464	333,614	355,194	353,680	381,276	281,748	107,779	71,606	63,942	54,517
total shareholders funds	910,403	701,473	510,107	433,872	395,464	333,614	355,194	353,680	381,276	281,748	107,779	71,606	63,942	54,517

	Mar 2023	Jun 2022	Jun 2021	Jun 2020	Jun 2019	Jun 2018	Jun 2017	Jun 2016	Jun 2015	Jun 2014	Jun 2013	Jun 2012	Jun 2011	Jun 2010
Operating Activities
Operating Profit	244,723	233,777	95,473	48,783	75,787	-22,099	1,612	-28,163	124,064	220,127	46,909	9,960	12,607	75,526
Depreciation	35,364	49,383	48,264	40,878	40,836	45,659	49,277	47,210	38,297	37,580	34,039	30,680	24,986	18,626
Amortisation	0	0	0	0	0	0	0	0	0	0	0	0	6,883	6,863
Tax	-49,008	-44,888	-17,882	-9,009	-14,508	0	-355	0	-24,882	-46,245	-10,805	-2,420	-3,311	-21,162
Stock	-4,060	-52,809	57,485	-88,633	82,184	-3,484	-15,228	1,571	-37,688	28,980	14,436	62,607	-8,137	47,561
Debtors	187,843	-232,727	341,556	-125,466	163,488	-34,100	-48,785	72,507	-8,450	-77,652	52,033	-64,364	103,895	366,741
Creditors	-1,513	-180,505	179,540	-62,693	69,328	-34,043	-29,249	-141,951	-39,207	-201,174	18,885	-18,150	70,961	465,738
Accruals and Deferred Income	-18,110	-114,997	65,676	-58,204	105,290	-58,786	16,221	238,206	0	0	0	0	0	0
Deferred Taxes & Provisions	-6,048	-8,045	5,289	263	5,394	-3,804	-8,644	10,768	1,732	-3,454	8,003	-2,865	3,035	8,885
Cash flow from operations	21,625	220,261	-22,681	174,117	36,455	-35,489	92,875	51,992	146,142	55,506	30,562	18,962	19,403	140,174
Investing Activities
capital expenditure	-1,880	-11,518	-67,291	-73,873	-55,428	-18,231	-24,321	-80,508	-58,073	-37,502	-45,928	-14,001	-25,183	-141,865
Change in Investments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
cash flow from investments	-1,880	-11,518	-67,291	-73,873	-55,428	-18,231	-24,321	-80,508	-58,073	-37,502	-45,928	-14,001	-25,183	-141,865
Financing Activities
Bank loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Group/Directors Accounts	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Short Term Loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Long term loans	0	0	-50,000	50,000	0	0	0	0	0	0	0	0	0	0
Hire Purchase and Lease Commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other long term liabilities	-13,113	-5,500	-5,891	18,115	17,170	-1,063	-12,578	-9,224	-2,954	-1	4,643	-16,684	15,013	22,848
share issue	0	0	0	0	0	0	0	100	0	0	0	0	0	100
interest	13,215	2,477	-1,356	-1,366	571	519	257	467	346	87	69	124	130	53
cash flow from financing	102	-3,023	-57,247	66,749	17,741	-544	-12,321	-8,657	-2,608	86	4,712	-16,560	15,143	23,001
cash and cash equivalents
cash	19,847	205,720	-147,219	166,993	-1,232	-54,264	56,233	-37,173	85,461	18,090	-10,654	-11,599	9,362	21,310
overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0	0
change in cash	19,847	205,720	-147,219	166,993	-1,232	-54,264	56,233	-37,173	85,461	18,090	-10,654	-11,599	9,362	21,310

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for lucion ground engineering ltd. Get real-time insights into lucion ground engineering ltd's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Perform a competitor analysis for lucion ground engineering ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in PE1 area or any other competitors across 12 key performance metrics.

LUCION GROUND ENGINEERING LTD group structure

Lucion Ground Engineering Ltd has no subsidiary companies.

Ultimate parent company

PROJECT JEDI TOPCO LIMITED

11814611

LUCION DELTA-SIMONS LTD

04786034

2 parents

LUCION GROUND ENGINEERING LTD

06929574

LUCION GROUND ENGINEERING LTD Shareholders

delta-simons limited

100%

Lucion Ground Engineering Ltd currently has 3 directors. The longest serving directors include Mr Jamie McGivern (May 2022) and Ms Joanne Seymour (May 2023).

officer	country	age	start	end	role
Mr Jamie McGivern		50 years	May 2022	-	Director
Ms Joanne Seymour	England	55 years	May 2023	-	Director
Mr Ross Boulton	England	42 years	Apr 2024	-	Director

P&L

March 2023

turnover

2.1m

-19%

operating profit

244.7k

gross margin

26.3%

-13.08%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2023

net assets

910.4k

+0.3%

total assets

1.2m

+0.16%

cash

320.9k

+0.07%

net assets

Total assets minus all liabilities

Similar Companies

rogers geotechnical services limited

3.5

lmr drilling uk ltd

3.5

geotechnical and environmental associates limited

in situ site investigation limited

4.5

meridian drilling limited

3.5

company number

06929574

Type

Private limited with Share Capital

industry

43130 - Test drilling and boring

incorporation date

June 2009

accounts

Small Company

ultimate parent company

PROJECT JEDI TOPCO LIMITED

previous names

ground engineering limited (April 2024)

dragen limited (July 2009)

last accounts submitted

March 2023

address

ge building newark road, peterborough, PE1 5UA

A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.

We found 4 charges/mortgages relating to lucion ground engineering ltd. Currently there are 3 open charges and 1 have been satisfied in the past.

lucion ground engineering ltd Company Information

lucion ground engineering ltd Estimated Valuation

lucion ground engineering ltd Estimated Valuation

lucion ground engineering ltd Estimated Valuation

Lucion Ground Engineering Ltd Overview

Lucion Ground Engineering Ltd Health Check

LUCION GROUND ENGINEERING LTD financials

lucion ground engineering ltd Credit Report and Business Information

Lucion Ground Engineering Ltd Competitor Analysis

lucion ground engineering ltd Ownership

lucion ground engineering ltd directors

lucion ground engineering ltd company details

lucion ground engineering ltd Charges & Mortgages

lucion ground engineering ltd Companies House Filings - See Documents