Pomanda estimates the enterprise value of LUCID TECHNOLOGIES LIMITED at £108.8k based on a Turnover of £182.4k and 0.6x industry multiple (adjusted for size and gross margin).
lucid technologies limitedEstimated Valuation
£322.4k
Pomanda estimates the enterprise value of LUCID TECHNOLOGIES LIMITED at £322.4k based on an EBITDA of £75.2k and a 4.29x industry multiple (adjusted for size and gross margin).
lucid technologies limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of LUCID TECHNOLOGIES LIMITED at £0 based on Net Assets of £-35.7k and 2.3x industry multiple (adjusted for liquidity).
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Lucid Technologies LimitedOverview
Lucid Technologies Limited is a live company located in leyland, PR25 2YJ with a Companies House number of 11083335. It operates in the other professional, scientific and technical activities n.e.c. sector, SIC Code 74909. Founded in November 2017, it's largest shareholder is
tilematch limited
with a 70% stake. Lucid Technologies Limited is a young,
micro sized company, Pomanda has estimated its turnover at
£182.4k with
healthy
growth in recent years.
Pomanda's financial health check has awarded Lucid Technologies Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating3out of 5
3 Strong
3 Regular
5 Weak
Size
annual sales of £182.4k, make it smaller than the average company (£1.9m)
£182.4k - Lucid Technologies Limited
£1.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 10%, show it is growing at a faster rate (6.2%)
10% - Lucid Technologies Limited
6.2% - Industry AVG
Production
with a gross margin of 44.1%, this company has a comparable cost of product (44.1%)
44.1% - Lucid Technologies Limited
44.1% - Industry AVG
Profitability
an operating margin of 39.2% make it more profitable than the average company (5.9%)
39.2% - Lucid Technologies Limited
5.9% - Industry AVG
Employees
with 2 employees, this is below the industry average (18)
2 - Lucid Technologies Limited
18 - Industry AVG
Pay Structure
on an average salary of £49.8k, the company has an equivalent pay structure (£49.8k)
£49.8k - Lucid Technologies Limited
£49.8k - Industry AVG
Efficiency
resulting in sales per employee of £91.2k, this is less efficient (£117.9k)
£91.2k - Lucid Technologies Limited
£117.9k - Industry AVG
Debtor Days
it gets paid by customers after 65 days, this is near the average (57 days)
65 days - Lucid Technologies Limited
57 days - Industry AVG
Creditor Days
its suppliers are paid after 74 days, this is slower than average (33 days)
74 days - Lucid Technologies Limited
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Lucid Technologies Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 2 weeks, this is less cash available to meet short term requirements (28 weeks)
2 weeks - Lucid Technologies Limited
28 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 148.3%, this is a higher level of debt than the average (52.5%)
148.3% - Lucid Technologies Limited
52.5% - Industry AVG
LUCID TECHNOLOGIES LIMITED financials
EXPORT
Lucid Technologies Limited's latest turnover from November 2023 is estimated at £182.4 thousand and the company has net assets of -£35.7 thousand. According to their latest financial statements, we estimate that Lucid Technologies Limited has 2 employees and maintains cash reserves of £5 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Nov 2023
Nov 2022
Nov 2021
Nov 2020
Nov 2019
Nov 2018
Turnover
182,447
15,120
132,099
137,323
226,929
94,113
Other Income Or Grants
Cost Of Sales
101,952
8,553
73,659
75,831
123,368
50,047
Gross Profit
80,495
6,567
58,440
61,492
103,561
44,067
Admin Expenses
8,982
-16,570
39,023
104,071
147,547
74,790
Operating Profit
71,513
23,137
19,417
-42,579
-43,986
-30,723
Interest Payable
4,036
4,102
1,537
Interest Receivable
561
570
19
10
53
35
Pre-Tax Profit
68,039
19,604
17,899
-42,569
-43,933
-30,688
Tax
-17,010
-3,725
-3,401
Profit After Tax
51,029
15,879
14,498
-42,569
-43,933
-30,688
Dividends Paid
Retained Profit
51,029
15,879
14,498
-42,569
-43,933
-30,688
Employee Costs
99,695
47,301
91,353
87,741
88,541
87,164
Number Of Employees
2
1
2
2
2
2
EBITDA*
75,222
26,290
23,945
-38,505
-41,517
-28,995
* Earnings Before Interest, Tax, Depreciation and Amortisation
Nov 2023
Nov 2022
Nov 2021
Nov 2020
Nov 2019
Nov 2018
Tangible Assets
15,458
3,591
6,744
8,027
12,101
5,856
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
15,458
3,591
6,744
8,027
12,101
5,856
Stock & work in progress
3,285
Trade Debtors
32,526
3,240
11,082
35,443
8,394
Group Debtors
Misc Debtors
20,961
212
1,675
5,165
1,332
373
Cash
4,977
16,410
21,560
15,599
4,784
9,345
misc current assets
total current assets
58,464
19,862
23,235
31,846
41,559
21,397
total assets
73,922
23,453
29,979
39,873
53,660
27,253
Bank overdraft
10,783
8,157
10,076
Bank loan
Trade Creditors
20,938
401
1,561
23,455
39,403
2,335
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
57,710
68,980
80,630
133,508
88,778
55,506
total current liabilities
89,431
77,538
92,267
156,963
128,181
57,841
loans
20,175
32,628
40,304
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
20,175
32,628
40,304
total liabilities
109,606
110,166
132,571
156,963
128,181
57,841
net assets
-35,684
-86,713
-102,592
-117,090
-74,521
-30,588
total shareholders funds
-35,684
-86,713
-102,592
-117,090
-74,521
-30,588
Nov 2023
Nov 2022
Nov 2021
Nov 2020
Nov 2019
Nov 2018
Operating Activities
Operating Profit
71,513
23,137
19,417
-42,579
-43,986
-30,723
Depreciation
3,709
3,153
4,528
4,074
2,469
1,728
Amortisation
Tax
-17,010
-3,725
-3,401
Stock
-3,285
3,285
Debtors
50,035
1,777
-14,572
-20,528
28,008
8,767
Creditors
20,537
-1,160
-21,894
-15,948
37,068
2,335
Accruals and Deferred Income
-11,270
-11,650
-52,878
44,730
33,272
55,506
Deferred Taxes & Provisions
Cash flow from operations
17,444
7,978
-39,656
10,805
4,100
16,794
Investing Activities
capital expenditure
-15,576
-3,245
-8,714
-7,584
Change in Investments
cash flow from investments
-15,576
-3,245
-8,714
-7,584
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
-12,453
-7,676
40,304
Hire Purchase and Lease Commitments
other long term liabilities
share issue
100
interest
-3,475
-3,532
-1,518
10
53
35
cash flow from financing
-15,928
-11,208
38,786
10
53
135
cash and cash equivalents
cash
-11,433
-5,150
5,961
10,815
-4,561
9,345
overdraft
2,626
-1,919
10,076
change in cash
-14,059
-3,231
-4,115
10,815
-4,561
9,345
lucid technologies 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 technologies limited. Get real-time insights into lucid technologies limited's credit score, group structure and payment trends.
Perform a competitor analysis for lucid technologies limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in PR25 area or any other competitors across 12 key performance metrics.
lucid technologies limited Ownership
LUCID TECHNOLOGIES LIMITED group structure
Lucid Technologies Limited has no subsidiary companies.
The largest shareholders in Lucid Technologies Limited include Tilematch Limited and Michael James Seddon.
tilematch limited
70%
michael james seddon
15%
klean john dalton
15%
lucid technologies limited directors
Lucid Technologies Limited currently has 3 directors.
The longest serving directors include
Mr Michael Seddon (Nov 2017) and
Mr Klean Dalton (May 2018).
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 technologies limited.
lucid technologies limited Capital Raised & Share Issues BETA
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lucid technologies limitedCompanies House Filings - See Documents
