Pomanda estimates the enterprise value of LUCID CREATES LIMITED at £341.5k based on a Turnover of £412.1k and 0.83x industry multiple (adjusted for size and gross margin).
lucid creates limitedEstimated Valuation
£59.7k
Pomanda estimates the enterprise value of LUCID CREATES LIMITED at £59.7k based on an EBITDA of £16.1k and a 3.7x industry multiple (adjusted for size and gross margin).
lucid creates limitedEstimated Valuation
£346.4k
Pomanda estimates the enterprise value of LUCID CREATES LIMITED at £346.4k based on Net Assets of £191.5k and 1.81x industry multiple (adjusted for liquidity).
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Lucid Creates LimitedOverview
Lucid Creates Limited is a live company located in kent, ME9 8QG with a Companies House number of 07224873. It operates in the other amusement and recreation activities n.e.c. sector, SIC Code 93290. Founded in April 2010, it's largest shareholder is
christopher david carr
with a 100% stake. Lucid Creates Limited is a established,
micro sized company, Pomanda has estimated its turnover at
£412.1k with
rapid
growth in recent years.
Pomanda's financial health check has awarded Lucid Creates Limited a 3.5 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 Rating3.5out of 5
4 Strong
3 Regular
5 Weak
Size
annual sales of £412.1k, make it in line with the average company (£377.9k)
£412.1k - Lucid Creates Limited
£377.9k - Industry AVG
Growth
3 year (CAGR) sales growth of 102%, show it is growing at a faster rate (17.5%)
102% - Lucid Creates Limited
17.5% - Industry AVG
Production
with a gross margin of 61.9%, this company has a comparable cost of product (61.9%)
61.9% - Lucid Creates Limited
61.9% - Industry AVG
Profitability
an operating margin of -22.9% make it less profitable than the average company (7.6%)
-22.9% - Lucid Creates Limited
7.6% - Industry AVG
Employees
with 2 employees, this is below the industry average (9)
2 - Lucid Creates Limited
9 - Industry AVG
Pay Structure
on an average salary of £19.9k, the company has an equivalent pay structure (£19.9k)
£19.9k - Lucid Creates Limited
£19.9k - Industry AVG
Efficiency
resulting in sales per employee of £206.1k, this is more efficient (£55.1k)
£206.1k - Lucid Creates Limited
£55.1k - Industry AVG
Debtor Days
it gets paid by customers after 25 days, this is later than average (10 days)
25 days - Lucid Creates Limited
10 days - Industry AVG
Creditor Days
its suppliers are paid after 51 days, this is slower than average (46 days)
51 days - Lucid Creates Limited
46 days - Industry AVG
Stock Days
it holds stock equivalent to 12 days, this is less than average (20 days)
12 days - Lucid Creates Limited
20 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 19 weeks, this is less cash available to meet short term requirements (82 weeks)
19 weeks - Lucid Creates Limited
82 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 63.9%, this is a higher level of debt than the average (32.9%)
63.9% - Lucid Creates Limited
32.9% - Industry AVG
LUCID CREATES LIMITED financials
EXPORT
Lucid Creates Limited's latest turnover from April 2024 is estimated at £412.1 thousand and the company has net assets of £191.5 thousand. According to their latest financial statements, Lucid Creates Limited has 2 employees and maintains cash reserves of £39.2 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Apr 2024
Apr 2023
Apr 2022
Apr 2021
Apr 2020
Apr 2019
Apr 2018
Apr 2017
Apr 2016
Apr 2015
Apr 2014
Apr 2013
Apr 2012
Apr 2011
Turnover
412,118
795,019
452,426
49,984
662,405
1,825,144
3,506,380
279,420
282,540
33,543
98,467
55,802
27,748
20,409
Other Income Or Grants
Cost Of Sales
157,205
283,303
159,874
19,131
258,440
740,940
1,465,757
117,406
113,805
13,218
39,476
23,645
12,243
8,840
Gross Profit
254,913
511,716
292,552
30,853
403,965
1,084,204
2,040,623
162,014
168,735
20,325
58,991
32,157
15,505
11,569
Admin Expenses
349,234
345,781
181,855
15,993
395,294
967,477
2,071,031
153,176
138,632
20,212
49,248
32,563
22,996
11,289
Operating Profit
-94,321
165,935
110,697
14,860
8,671
116,727
-30,408
8,838
30,103
113
9,743
-406
-7,491
280
Interest Payable
17,941
21,843
15,891
11,709
4,175
Interest Receivable
7,248
10,767
1,769
170
84
149
45
25
39
27
15
1
1
Pre-Tax Profit
-105,014
154,859
96,575
3,321
4,580
116,875
-30,364
8,863
30,143
140
9,758
-405
-7,490
280
Tax
-38,715
-18,349
-631
-870
-22,206
-1,684
-6,028
-28
-2,049
-73
Profit After Tax
-105,014
116,144
78,226
2,690
3,710
94,669
-30,364
7,179
24,114
112
7,709
-405
-7,490
207
Dividends Paid
Retained Profit
-105,014
116,144
78,226
2,690
3,710
94,669
-30,364
7,179
24,114
112
7,709
-405
-7,490
207
Employee Costs
39,881
38,238
35,985
34,780
34,948
19,484
18,435
103,705
94,838
16,475
50,512
34,470
17,746
17,741
Number Of Employees
2
2
2
2
2
1
1
6
6
1
3
2
1
1
EBITDA*
16,120
237,250
117,526
19,988
35,353
140,084
-17,776
8,838
38,882
1,296
10,411
717
-6,830
566
* Earnings Before Interest, Tax, Depreciation and Amortisation
Apr 2024
Apr 2023
Apr 2022
Apr 2021
Apr 2020
Apr 2019
Apr 2018
Apr 2017
Apr 2016
Apr 2015
Apr 2014
Apr 2013
Apr 2012
Apr 2011
Tangible Assets
132,757
216,496
22,989
18,030
98,629
86,595
45,776
41,277
32,488
5,278
3,932
3,730
4,853
2,637
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
12,358
Total Fixed Assets
132,757
216,496
22,989
18,030
98,629
98,953
45,776
41,277
32,488
5,278
3,932
3,730
4,853
2,637
Stock & work in progress
5,500
5,500
5,500
5,500
78,500
125,916
31,546
2,000
Trade Debtors
28,998
57,020
43,540
53,304
185,837
313,409
14,640
12,889
5,272
2,462
667
877
Group Debtors
Misc Debtors
323,709
285,272
228,306
135,949
1,371
3,417
Cash
39,224
236,904
269,778
202,061
137,709
31,054
8,604
9,197
10,730
5,053
5,891
293
232
44
misc current assets
13,893
35,601
total current assets
397,431
598,589
547,124
379,111
269,513
344,178
356,976
23,837
23,619
5,053
11,163
2,755
899
2,921
total assets
530,188
815,085
570,113
397,141
368,142
443,131
402,752
65,114
56,107
10,331
15,095
6,485
5,752
5,558
Bank overdraft
29,710
42,350
136,893
Bank loan
Trade Creditors
22,284
17,395
673
61,591
65,599
110,273
1,607
27,062
10,197
15,073
14,172
13,034
5,350
Group/Directors Accounts
5,868
14,197
5,728
18,996
other short term finances
hp & lease commitments
8,425
2,361
5,975
3,762
1,857
other current liabilities
40,754
123,521
111,195
32,928
15,367
263,467
281,691
27,283
total current liabilities
107,041
182,429
134,318
33,601
232,847
335,041
395,726
30,747
27,062
10,197
15,073
14,172
13,034
5,350
loans
86,892
160,006
223,847
247,000
hp & lease commitments
141,142
168,631
31,590
14,408
35,853
12,358
5,963
2,940
4,797
Accruals and Deferred Income
other liabilities
provisions
3,625
7,517
total long term liabilities
231,659
336,154
255,437
261,408
35,853
12,358
5,963
2,940
4,797
total liabilities
338,700
518,583
389,755
295,009
268,700
347,399
401,689
33,687
31,859
10,197
15,073
14,172
13,034
5,350
net assets
191,488
296,502
180,358
102,132
99,442
95,732
1,063
31,427
24,248
134
22
-7,687
-7,282
208
total shareholders funds
191,488
296,502
180,358
102,132
99,442
95,732
1,063
31,427
24,248
134
22
-7,687
-7,282
208
Apr 2024
Apr 2023
Apr 2022
Apr 2021
Apr 2020
Apr 2019
Apr 2018
Apr 2017
Apr 2016
Apr 2015
Apr 2014
Apr 2013
Apr 2012
Apr 2011
Operating Activities
Operating Profit
-94,321
165,935
110,697
14,860
8,671
116,727
-30,408
8,838
30,103
113
9,743
-406
-7,491
280
Depreciation
110,441
71,315
6,829
5,128
26,682
23,357
12,632
8,779
1,183
668
1,123
661
286
Amortisation
Tax
-38,715
-18,349
-631
-870
-22,206
-1,684
-6,028
-28
-2,049
-73
Stock
-73,000
-47,416
94,370
31,546
-2,000
2,000
Debtors
10,415
70,446
135,897
82,645
-146,262
-117,260
302,186
1,751
12,889
-5,272
2,810
1,795
-210
877
Creditors
22,284
-17,395
16,722
-60,918
-4,008
-44,674
108,666
-25,455
16,865
-4,876
901
1,138
7,684
5,350
Accruals and Deferred Income
-82,767
12,326
78,267
17,561
-248,100
-18,224
254,408
27,283
Deferred Taxes & Provisions
-3,892
7,517
Cash flow from operations
-58,670
130,537
58,269
-33,645
-23,947
77,870
11,566
7,231
36,830
1,664
6,453
60
3,064
2,966
Investing Activities
capital expenditure
-26,702
-264,822
-11,788
75,471
-38,716
-64,176
-17,131
-8,789
-35,989
-2,529
-870
-2,877
-2,923
Change in Investments
cash flow from investments
-26,702
-264,822
-11,788
75,471
-38,716
-64,176
-17,131
-8,789
-35,989
-2,529
-870
-2,877
-2,923
Financing Activities
Bank loans
Group/Directors Accounts
-8,329
8,469
5,728
-18,996
18,996
Other Short Term Loans
Long term loans
-73,114
-63,841
-23,153
247,000
Hire Purchase and Lease Commitments
-21,425
139,402
17,182
-21,445
17,520
8,608
4,928
4,797
other long term liabilities
share issue
1
interest
-10,693
-11,076
-14,122
-11,539
-4,091
149
45
25
39
27
15
1
1
cash flow from financing
-113,561
72,954
-14,365
195,020
32,425
8,757
4,973
25
4,836
27
15
1
1
1
cash and cash equivalents
cash
-197,680
-32,874
67,717
64,352
106,655
22,450
-593
-1,533
5,677
-838
5,598
61
188
44
overdraft
-12,640
42,350
-136,893
136,893
change in cash
-185,040
-75,224
67,717
201,245
-30,238
22,450
-593
-1,533
5,677
-838
5,598
61
188
44
lucid creates limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for lucid creates limited. Get real-time insights into lucid creates limited's credit score, group structure and payment trends.
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lucid creates limited Ownership
LUCID CREATES LIMITED group structure
Lucid Creates Limited has no subsidiary companies.
Ultimate parent company
LUCID CREATES LIMITED
07224873
LUCID CREATES LIMITED Shareholders
The sole shareholder of Lucid Creates Limited is Christopher David Carr.
christopher david carr
100%
lucid creates limited directors
Lucid Creates Limited currently has 1 director, Mr Christopher Carr serving since Apr 2010.
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 creates limited.
lucid creates limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
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lucid creates limitedCompanies House Filings - See Documents
