Lucion Ground Engineering Ltd

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lucion ground engineering ltd Company Information

Company Number

06929574

Next Accounts

Dec 2025

Directors

Jamie McGivern

Joanne Seymour

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Shareholders

lucion delta-simons limited

Group Structure

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Industry

Test drilling and boring

Registered Address

ge building newark road, peterborough, PE1 5UA

Website

www.groundengineering.co.uk

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 £874.3k and 1.83x industry multiple (adjusted for liquidity).

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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 lucion delta-simons limited with a 100% stake. Lucion Ground Engineering Ltd is a established, small sized company, Pomanda has estimated its turnover at £2.2m with low growth in recent years.

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Pomanda's financial health check has awarded Lucion Ground Engineering Ltd a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs

Health Rating2.5out of 5

1 Strong

4 Regular

6 Weak

Size

annual sales of £2.2m, make it smaller than the average company (£9.9m)

Growth

3 year (CAGR) sales growth of 2%, show it is growing at a slower rate (7.2%)

EXPORT

Lucion Ground Engineering Ltd's latest turnover from March 2024 is estimated at £2.2 million and the company has net assets of £874.3 thousand. According to their latest financial statements, Lucion Ground Engineering Ltd has 26 employees and maintains cash reserves of £62.1 thousand as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Mar 2024	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	2,225,859	2,094,412	2,583,181	2,115,884	1,904,274	1,808,573	1,624,013	1,434,349	1,642,093	1,593,164	2,113,984	2,961,437	2,525,837	1,993,297	1,902,129
Other Income Or Grants
Cost Of Sales	1,619,745	1,550,409	1,814,758	1,392,709	1,364,744	1,341,376	1,161,840	818,506	1,098,146	1,018,402	1,202,430	1,930,231	1,615,951	1,262,879	1,274,853
Gross Profit	606,114	544,004	768,423	723,175	539,530	467,197	462,173	615,842	543,946	574,762	911,554	1,031,206	909,886	730,419	627,275
Admin Expenses	652,307	299,281	534,646	627,702	490,747	391,410	484,272	614,230	572,109	450,698	691,427	984,297	899,926	717,812	551,749
Operating Profit	-46,193	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				1,525	1,525
Interest Receivable	10,054	13,215	2,477	169	159	571	519	257	467	346	87	69	124	130	53
Pre-Tax Profit	-36,139	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		-355		-24,882	-46,245	-10,805	-2,420	-3,311	-21,162
Profit After Tax	-36,139	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
Retained Profit	-36,139	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	1,099,921	1,072,444	994,199	906,545	880,081	898,886	792,249	779,099	855,129	547,283	467,886	806,121	1,022,724	765,005	682,888
Number Of Employees	26	26	26	26	26	25	24	23	24	16	15	23	29	24	23
EBITDA*	-972	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 2024	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	87,376	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															6,863
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets	87,376	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	385,558	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	629,380	314,857
Misc Debtors	87,856	35,446	48,107	326,945	84,925	113,589	78,652	136,499	88,197
Cash	62,140	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
total current assets	1,164,934	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	1,252,310	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
Bank loan
Trade Creditors	58,998	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
other short term finances
hp & lease commitments
other current liabilities	105,469	175,296	193,406	308,403	242,727	300,931	195,641	254,427	238,206
total current liabilities	164,467	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					50,000
hp & lease commitments
Accruals and Deferred Income
other liabilities	20,218	10,781	23,894	29,394	35,285	17,170		1,063	13,641	22,865	25,819	25,820	21,177	37,861	22,848
provisions	193,361	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	213,579	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	378,046	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	874,264	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	874,264	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 2024	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	-46,193	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	45,221	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														6,883	6,863
Tax		-49,008	-44,888	-17,882	-9,009	-14,508		-355		-24,882	-46,245	-10,805	-2,420	-3,311	-21,162
Stock	-84,785	-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	406,275	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	-36,969	-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	-69,827	-18,110	-114,997	65,676	-58,204	105,290	-58,786	16,221	238,206
Deferred Taxes & Provisions	182,852	-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	-246,406	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	-31,820	-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
cash flow from investments	-31,820	-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
Group/Directors Accounts
Other Short Term Loans
Long term loans				-50,000	50,000
Hire Purchase and Lease Commitments
other long term liabilities	9,437	-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									100						100
interest	10,054	13,215	2,477	-1,356	-1,366	571	519	257	467	346	87	69	124	130	53
cash flow from financing	19,491	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	-258,735	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
change in cash	-258,735	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

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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

lucion delta-simons limited

100%

Lucion Ground Engineering Ltd currently has 5 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	United Kingdom	56 years	May 2023	-	Director
Mr Ross Boulton	United Kingdom	42 years	Apr 2024	-	Director
Mr Philip Coles	United Kingdom	55 years	Feb 2025	-	Director
Ms Carolyn Cole	United Kingdom	47 years	Apr 2025	-	Director

P&L

March 2024

turnover

2.2m

+6%

operating profit

-46.2k

gross margin

27.3%

+4.84%

turnover

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

Balance Sheet

March 2024

net assets

874.3k

-0.04%

total assets

1.3m

+0.04%

cash

62.1k

-0.81%

net assets

Total assets minus all liabilities

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company number

06929574

Type

Private limited with Share Capital

industry

43130 - Test drilling and boring

incorporation date

June 2009

ultimate parent company

PROJECT JEDI TOPCO LIMITED

previous names

ground engineering limited (April 2024)

dragen limited (July 2009)

address

ge building newark road, peterborough, PE1 5UA

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We found 5 charges/mortgages relating to lucion ground engineering ltd. Currently there are 4 open charges and 1 have been satisfied in the past.

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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

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