How much does Lucess Investco Limited make?

Lucess Investco Limited reported revenue of £44m and a loss of £2.2m in the year to 31 Dec 2023, according to its accounts filed at Companies House.

How many employees does Lucess Investco Limited have?

Lucess Investco Limited reported an average of 86 employees in the year to 31 Dec 2023.

Is Lucess Investco Limited profitable?

No — Lucess Investco Limited reported a loss of £2.2m in the year to 31 Dec 2023.

Company No. 12449873 · Incorporated 7 Feb 2020

Lucess Investco Limited

Registered name: LUCESS INVESTCO LIMITED

Lucess Investco Limited made £44m revenue and a £2.2m loss in the year to 31 Dec 2023.

Lucess Investco Limited’s revenue fell 24% to £44m in the year to 31 Dec 2023, with a loss of £2.2m and 86 employees. The company is classified under “other business support service activities” and is based in London; we hold 2 years of its filed accounts.

Full P&L filedSection N · Administrative and support servicesSIC 82990Other business support service activities n.e.c.

Status: Liquidation
Location: London, London
Age: 6 yrs · since 2020
Type: Private Limited Company

Latest accounts · year to 31 Dec 2023

Key figures

IndependentCash flow filed

Revenue

£44m

Growth ▼24.4%

Profit

−£2.2m

Growth —

Profit margin

−4.9%

Gross 18.3%

Employees

Change ▼11.3%

Profit / employee

−£25.1k

Revenue/employee £512k

Profitable streak

0yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£58.3m	£44m
Cost of sales	£47.8m	£36m
Gross profit	£10.4m	£8.1m
Operating profit	£504k	−£942k
Profit before tax	−£679k	−£2.2m
Profit after tax	−£874k	−£2.2m
Profit (best available)	−£874k	−£2.2m
Staff costs	£7.4m	£5.5m
Employees (average)	97	86
Ratios
Profit margin	−1.5%	−4.9%
Gross margin	17.9%	18.3%
Revenue per employee	£601k	£512k
Profit per employee	−£9k	−£25.1k
Cash conversion	399.6%	—
Growth (year on year)
Revenue growth	—	▼24.4%
Headcount growth	—	▼11.3%
Balance sheet — indirect signals, not revenue
Cash at bank	£254k	—
Net assets	£5.4m	£5.4m
Fixed assets	£10.3m	£8.8m
Current assets	£6.7m	£3.9m
Debtors	£4.5m	£2.7m
Cash from operations	£2m	£1.6m
Source	Accounts · bulk data Aug 2024	Accounts · bulk data Aug 2024

Derived from the latest filing

How the business works

Profit margin: −4.9%; Profit ÷ revenue.
Gross margin: 18.3%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £512k; Revenue ÷ average employees.
Profit per employee: −£25.1k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 19.9%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 6.1%; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

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: 0%; Now £5.4m
Cash at bank: —; Now —
Headcount: ▼11%; Now 86
Deferred income: —; Now —
Fixed assets: ▼15%; Now £8.8m

Corporate ownership

Group structure

Subsidiaries (1)

Lucess Topco LimitedLiquidationRev. £0 · Profit −£84.9k

Minority corporate shareholders

Highland and Universal Securities Limited

From the Persons with Significant Control register (corporate controllers only).

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Sources

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 31 Dec 2023 (profit −£2.2m), 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.