Lucketts Of Watford Limited

Lucketts Of Watford Limited, based in Watford, UK, is a large holding company with an active status, celebrating 28 years in business. Employing 240 people and generating £13.17 million in yearly revenue, it’s a significant player in the local economy. The company, managed by a single director, Liaqat Muhammad, and owned by Lucketts Of Watford Holdings Ltd, maintains a real address at WD19 5BA and boasts a Google rating of 4.0 based on 37 reviews. Regular importer of vehicles, parts, and accessories, with recent activity recorded in December 2024.

The company’s primary focus is providing transportation services, including taxi operations, minibus hire, and coach travel. Its website, infoluckettscoaches.com, highlights a wide range of services catering to corporate travel, airport transfers, school trips, and events. Lucketts also runs a training division, offering courses in passenger transport and road haulage. The company’s long history, dating back to 1860, is emphasized, with a commitment to customer service and safety. They even offer escorted tours, with a variety of options available for both day trips and multi-day excursions.

Financially, Lucketts Of Watford Limited presents a mixed picture. While turnover increased by 31% to £13 million, net assets decreased by 23%, reaching £4.1 million. Bank borrowings increased by 36% to £58,000, and cash reserves dropped 15% to £1.7 million. Creditors increased by 17%, suggesting a need for better management of short-term debts. The company’s size (meeting two of three criteria for a large company) gives it a competitive advantage, but the decrease in equity raises questions about its long-term financial stability. The company's accounts were audited by Shenward LLP. The increased bank borrowings could be a result of expansion, or perhaps a response to rising operating costs. The company’s long-standing presence and positive Google rating suggest a strong reputation, but the financial data warrants close monitoring.

Registered in England/Wales under the registration number 03253147, with a registered address at WD19 5BA, United Kingdom, Watford, Hertfordshire, Lucketts Depot The Paddock, Little Oxhey Lane.

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