Lucid Systems Ltd

POWER SEARCH PRICING

SOLUTIONS

lucid systems ltd Company Information

Live

EstablishedSmallDeclining

Company Number

07011015

Next Accounts

May 2025

Industry

Computer facilities management activities

Directors

Craig Debenham

Karl Wilkinson

View All

Shareholders

lucid enterprises limited

Group Structure

View All

Contact

Registered Address

unit 1, blue sky business centre, silver hill, ipswich, IP8 3NJ

Website

www.lucidsystems.co.uk

lucid systems ltd Estimated Valuation

£660.4k

Pomanda estimates the enterprise value of LUCID SYSTEMS LTD at £660.4k based on a Turnover of £902.2k and 0.73x industry multiple (adjusted for size and gross margin).

Edit your figures and get a professional valuation report.

Lucid Systems Ltd is a live company located in ipswich, IP8 3NJ with a Companies House number of 07011015. It operates in the computer facilities management activities sector, SIC Code 62030. Founded in September 2009, it's largest shareholder is lucid enterprises limited with a 100% stake. Lucid Systems Ltd is a established, small sized company, Pomanda has estimated its turnover at £902.2k with declining growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded Lucid Systems Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs

Health Rating2out of 5

2 Strong

3 Regular

7 Weak

Size

annual sales of £902.2k, make it smaller than the average company (£2.6m)

Growth

3 year (CAGR) sales growth of -11%, show it is growing at a slower rate (8.6%)

EXPORT

Lucid Systems Ltd's latest turnover from August 2023 is estimated at £902.2 thousand and the company has net assets of £13.2 thousand. According to their latest financial statements, Lucid Systems Ltd has 13 employees and maintains cash reserves of £232.5 thousand as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Aug 2023	Aug 2022	Aug 2021	Aug 2020	Aug 2019	Aug 2018	Aug 2017	Aug 2016	Aug 2015	Aug 2014	Aug 2013	Aug 2012	Aug 2011	Aug 2010
Turnover	902,173	814,618	778,187	1,278,184	2,956,263	2,393,943	1,152,907	815,020	966,987	571,377	449,774	312,296	173,422	148,788
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	621,610	562,740	534,623	906,397	2,215,074	1,746,072	842,081	605,128	785,635	446,894	350,516	229,142	118,426	94,211
Gross Profit	280,563	251,879	243,564	371,787	741,189	647,871	310,826	209,892	181,352	124,483	99,257	83,154	54,997	54,577
Admin Expenses	376,037	1,298,861	134,534	99,246	555,875	569,763	95,836	108,020	-4,801	40,077	30,212	53,571	13,923	11,617
Operating Profit	-95,474	-1,046,982	109,030	272,541	185,314	78,108	214,990	101,872	186,153	84,406	69,045	29,583	41,074	42,960
Interest Payable	420	0	0	0	0	0	0	0	0	0	0	0	0	0
Interest Receivable	12,442	9,209	405	0	0	804	597	526	558	451	498	391	269	88
Pre-Tax Profit	-83,452	-1,037,773	109,436	272,541	185,314	78,912	215,586	102,399	186,711	84,857	69,543	29,974	41,343	43,049
Tax	0	0	-20,793	-51,783	-35,210	-14,993	-40,961	-20,480	-37,342	-17,820	-15,995	-7,194	-10,749	-12,054
Profit After Tax	-83,452	-1,037,773	88,643	220,758	150,104	63,919	174,625	81,919	149,369	67,037	53,548	22,780	30,594	30,995
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	-83,452	-1,037,773	88,643	220,758	150,104	63,919	174,625	81,919	149,369	67,037	53,548	22,780	30,594	30,995
Employee Costs	650,608	628,641	587,229	468,441	674,529	562,227	302,311	186,659	232,742	174,611	108,664	65,537	34,837	28,500
Number Of Employees	13	13	13	11	16	12	7	4	5	4	3	2	1	1
EBITDA*	-80,382	-1,027,097	131,741	272,541	185,314	78,108	227,378	115,250	198,917	92,083	73,265	34,432	42,264	43,589

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Aug 2023	Aug 2022	Aug 2021	Aug 2020	Aug 2019	Aug 2018	Aug 2017	Aug 2016	Aug 2015	Aug 2014	Aug 2013	Aug 2012	Aug 2011	Aug 2010
Tangible Assets	60,370	79,543	91,212	106,400	96,328	33,172	72,360	75,784	66,476	45,142	42,447	36,484	3,570	1,886
Intangible Assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Investments & Other	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Debtors (Due After 1 year)	0	0	549,942	0	0	0	0	0	0	0	0	0	0	0
Total Fixed Assets	60,370	79,543	641,154	106,400	96,328	33,172	72,360	75,784	66,476	45,142	42,447	36,484	3,570	1,886
Stock & work in progress	3,000	3,350	3,200	3,021	0	0	2,708	2,350	3,000	2,500	2,298	1,721	1,367	875
Trade Debtors	256,798	174,676	0	519,421	992,454	916,697	488,963	263,945	267,612	164,371	111,784	72,622	40,375	32,780
Group Debtors	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Misc Debtors	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash	232,454	241,541	810,956	0	0	0	214,400	262,945	158,250	64,907	115,339	83,896	72,463	35,287
misc current assets	0	0	0	706,067	0	0	0	0	0	0	0	0	0	0
total current assets	492,252	419,567	814,156	1,228,509	992,454	916,697	706,071	529,240	428,862	231,778	229,421	158,239	114,205	68,942
total assets	552,622	499,110	1,455,310	1,334,909	1,088,782	949,869	778,431	605,024	495,338	276,920	271,868	194,723	117,775	70,828
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	128,989	400,698	320,919	289,161	263,892	275,083	163,704	162,547	132,405	71,866	118,926	90,353	56,185	39,832
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	402,997	0	0	0	0	0	0	0	0	0	0	0	0	0
total current liabilities	531,986	400,698	320,919	289,161	263,892	275,083	163,704	162,547	132,405	71,866	118,926	90,353	56,185	39,832
loans	7,470	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
Accruals and Deferred Income	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other liabilities	0	1,794	0	0	0	0	3,760	6,135	8,510	0	14,925	20,000	0	0
provisions	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total long term liabilities	7,470	1,794	0	0	0	0	3,760	6,135	8,510	0	14,925	20,000	0	0
total liabilities	539,456	402,492	320,919	289,161	263,892	275,083	167,464	168,682	140,915	71,866	133,851	110,353	56,185	39,832
net assets	13,166	96,618	1,134,391	1,045,748	824,890	674,786	610,967	436,342	354,423	205,054	138,017	84,370	61,590	30,996
total shareholders funds	13,166	96,618	1,134,391	1,045,748	824,890	674,786	610,967	436,342	354,423	205,054	138,017	84,370	61,590	30,996

	Aug 2023	Aug 2022	Aug 2021	Aug 2020	Aug 2019	Aug 2018	Aug 2017	Aug 2016	Aug 2015	Aug 2014	Aug 2013	Aug 2012	Aug 2011	Aug 2010
Operating Activities
Operating Profit	-95,474	-1,046,982	109,030	272,541	185,314	78,108	214,990	101,872	186,153	84,406	69,045	29,583	41,074	42,960
Depreciation	15,092	19,885	22,711	0	0	0	12,388	13,378	12,764	7,677	4,220	4,849	1,190	629
Amortisation	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tax	0	0	-20,793	-51,783	-35,210	-14,993	-40,961	-20,480	-37,342	-17,820	-15,995	-7,194	-10,749	-12,054
Stock	-350	150	179	3,021	0	-2,708	358	-650	500	202	577	354	492	875
Debtors	82,122	-375,266	30,521	-473,033	75,757	427,734	225,018	-3,667	103,241	52,587	39,162	32,247	7,595	32,780
Creditors	-271,709	79,779	31,758	25,269	-11,191	111,379	1,157	30,142	60,539	-47,060	28,573	34,168	16,353	39,832
Accruals and Deferred Income	402,997	0	0	0	0	0	0	0	0	0	0	0	0	0
Deferred Taxes & Provisions	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash flow from operations	-30,866	-572,202	112,006	716,039	63,156	-250,532	-37,802	129,229	118,373	-25,586	46,104	28,805	39,781	37,712
Investing Activities
capital expenditure	4,081	-8,216	-7,523	-10,072	-63,156	39,188	-8,964	-22,686	-34,098	-10,372	-10,183	-37,763	-2,874	-2,515
Change in Investments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
cash flow from investments	4,081	-8,216	-7,523	-10,072	-63,156	39,188	-8,964	-22,686	-34,098	-10,372	-10,183	-37,763	-2,874	-2,515
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	7,470	0	0	0	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	-1,794	1,794	0	0	0	-3,760	-2,375	-2,375	8,510	-14,925	-5,075	20,000	0	0
share issue	0	0	0	100	0	-100	0	0	0	0	99	0	0	1
interest	12,022	9,209	405	0	0	804	597	526	558	451	498	391	269	88
cash flow from financing	17,698	11,003	405	100	0	-3,056	-1,778	-1,849	9,068	-14,474	-4,478	20,391	269	89
cash and cash equivalents
cash	-9,087	-569,415	810,956	0	0	-214,400	-48,545	104,695	93,343	-50,432	31,443	11,433	37,176	35,287
overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0	0
change in cash	-9,087	-569,415	810,956	0	0	-214,400	-48,545	104,695	93,343	-50,432	31,443	11,433	37,176	35,287

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for lucid systems ltd. Get real-time insights into lucid systems 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 lucid systems ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in IP8 area or any other competitors across 12 key performance metrics.

LUCID SYSTEMS LTD group structure

Lucid Systems Ltd has no subsidiary companies.

Ultimate parent company

LUCID SYSTEMS LTD

07011015

LUCID SYSTEMS LTD Shareholders

lucid enterprises limited

100%

Lucid Systems Ltd currently has 3 directors. The longest serving directors include Mr Craig Debenham (Sep 2009) and Mr Karl Wilkinson (Mar 2022).

officer	country	age	start	end	role
Mr Craig Debenham	England	52 years	Sep 2009	-	Director
Mr Karl Wilkinson	United Kingdom	42 years	Mar 2022	-	Director
Mr Jamie Pope	England	33 years	Feb 2024	-	Director

P&L

August 2023

turnover

902.2k

+11%

operating profit

-95.5k

gross margin

31.1%

+0.58%

turnover

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

Balance Sheet

August 2023

net assets

13.2k

-0.86%

total assets

552.6k

+0.11%

cash

232.5k

-0.04%

net assets

Total assets minus all liabilities

Similar Companies

serverspace limited

aicura limited

4.5

icc managed services limited

e-shelter (uk) limited

charles square limited

company number

07011015

Type

Private limited with Share Capital

industry

62030 - Computer facilities management activities

incorporation date

September 2009

ultimate parent company

None

previous names

cd13 limited (April 2010)

address

unit 1, blue sky business centre, silver hill, ipswich, IP8 3NJ

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 did not find charges/mortgages relating to lucid systems ltd.

lucid systems ltd Company Information

lucid systems ltd Estimated Valuation

lucid systems ltd Estimated Valuation

lucid systems ltd Estimated Valuation

Lucid Systems Ltd Overview

Lucid Systems Ltd Health Check

LUCID SYSTEMS LTD financials

lucid systems ltd Credit Report and Business Information

Lucid Systems Ltd Competitor Analysis

lucid systems ltd Ownership

lucid systems ltd directors

lucid systems ltd company details

lucid systems ltd Charges & Mortgages

lucid systems ltd Companies House Filings - See Documents