Lucid Technologies Limited

Lucid Technologies Ltd, based in Leyland, UK, is a small holding company with an active status, established seven years ago in 2017. The company holds £58,464 in assets and operates from a virtual address, registered at a location shared by ten other companies. It's managed by three directors and owned by two individuals, boasting a stellar 5.0 Google rating from 29 reviews. Lucid Technologies is an irregular importer, primarily dealing in electrical machinery and equipment, with its last import operation recorded in October 2020.

The company’s website reveals a broader scope of services, positioning itself as a provider of IT support, telecoms, CCTV, and door access control solutions. It caters to businesses of all sizes, offering managed IT support, cyber security services, and even website design. The site emphasizes quick response times, experienced technicians, and a no-geek-speak approach—all hallmarks of a customer-focused service provider. It also highlights a commitment to providing custom IT solutions and a one-stop shop for all technology needs.

Financially, Lucid Technologies Ltd presents a mixed picture. Cash bank on hand has decreased significantly by 70%, falling to £5,000, while current assets have increased by a substantial 190%, reaching £58,000. However, net assets have improved by 59%, now at -£36,000. Bank borrowings have risen, with overdrafts increasing by 32%, and trade debtors have ballooned by 1400%. Creditors also increased, and equity has improved. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of an auditor mentioned suggests it’s exempt as a small company, relying on unaudited statements.

Overall, Lucid Technologies Ltd appears to be navigating a period of change. While its service offerings and Google reviews suggest a strong customer base, the financial data indicates a need for careful management and a focus on improving profitability.

Registered in England/Wales under the registration number 11083335, with a registered address at PR25 2YJ, England, Leyland, Oak House, 317 Golden Hill Lane.

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