Lucess Bidco Limited
Registered name: LUCESS BIDCO LIMITED
Part of Lucess Investco Limited groupLucess Bidco Limited made £821k revenue and a £479k loss in the year to 31 Dec 2023.
Lucess Bidco Limited’s revenue grew 2% to £821k in the year to 31 Dec 2023, with a loss of £479k and 3 employees. The company is classified under “activities of other holding companies” and is based in London; we hold 2 years of its filed accounts.
- Status
- Liquidation
- Location
- London, London
- Age
- 6 yrs · since 2019
- Type
- Private Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “Lucess Midco Limited”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £806k | £821k |
| Operating profit | £334k | £233k |
| Profit before tax | −£465k | −£479k |
| Profit after tax | −£465k | −£479k |
| Profit (best available) | −£465k | −£479k |
| Staff costs | £418k | £438k |
| Employees (average) | 3 | 3 |
| Ratios | ||
| Profit margin | −57.6% | −58.3% |
| Revenue per employee | £269k | £274k |
| Profit per employee | −£155k | −£160k |
| Growth (year on year) | ||
| Revenue growth | — | ▲1.8% |
| Headcount growth | — | 0% |
| Balance sheet — indirect signals, not revenue | ||
| Net assets | £3.4m | £2.9m |
| Debtors | £105k | £342k |
| Source | Accounts · bulk data Aug 2024 | Accounts · bulk data Aug 2024 |
How the business works
- Profit margin
- −58.3%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £274k
- Revenue ÷ average employees.
- Profit per employee
- −£160k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 41.6%
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- ▼14%
- Now £2.9m
- Cash at bank
- —
- Now —
- Headcount
- 0%
- Now 3
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Lucess Investco Limitedultimate parent75–100%
- Lucess Topco Limited75–100%
- Lucess Midco Limited75–100%
- Lucess Bidco Limitedthis company
Bands show the share of ownership each company holds in the one below it.
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Dec 2023 (profit −£479k), from the Companies House accounts bulk data published Aug 2024. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.