Lucid Games Limited

Lucid Games Ltd from Liverpool, UK, is a large holding company with an active status, having been founded fourteen years ago in 2011. The company employs 161 people and holds assets totaling £5,622,357. While it has three directors and one owner, its registered address is a virtual one, with thirty companies registered at the same location. Google users rate it a perfect 5.0 based on eight reviews. The company is an irregular importer, primarily dealing with optical and medical tools and devices, with a recent import recorded just one month ago.

Lucid Games’ website highlights its focus on game development and collaboration. The company describes itself as developing both its own titles, such as Destruction AllStars, and working with major franchises like Star Wars Jedi Survivor, Sea of Thieves, and Apex Legends. The site emphasizes a creative and respectful environment, encouraging team members to contribute and grow professionally. It’s clear that Lucid Games is a key player in the interactive leisure and entertainment software development industries.

Financially, Lucid Games shows a mixed picture. While revenue increased by 20% to £13 million, net losses widened considerably to -£1.2 million. Cash reserves dropped by 55% to just £36,000, and bank borrowings fell to zero. However, staff costs increased by 37% to £9.6 million, and director remuneration rose by 80% to £220,000. Creditors decreased by 23%, suggesting improved debt management. The company's large size (meeting two of three criteria for being a large company) and lack of an auditor (likely exempt) mean the figures are unaudited.

Overall, Lucid Games is a successful company in a competitive market, but the increase in losses and decrease in cash reserves suggest it’s burning through money. The increased staff costs and director remuneration could be a result of increased activity and investment in new projects, but it’s something to keep an eye on.

Registered in England/Wales under the registration number 07497245, with a registered address at L8 5RN, England, Liverpool, 29-31 Parliament Street.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.