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Lucid Software Limited

02265735

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

LADY CROSS LADY CROSS, MIDDLESBROUGH, TS9 7DY
Incorporated 08/06/1988

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71122
Engineering related scientific and technical consulting activities

Officers

Mr David Somchai Nithakorn

director · Since 25/05/1991

COMPUTER PROGRAMMER

BRITISH · ENGLAND · Age 65

Also on 1 other board

Mr David Somchai Nithakorn

secretary · Since 16/09/2003

COMPUTER PROGRAMMER

BRITISH · UNITED KINGDOM · Age 65

Also on 1 other board

Persons with Significant Control

Mr David Nithakorn

75–100% shares
75–100% votes
Appoint directors
right-to-appoint-and-remove-directors-as-trust
right-to-appoint-and-remove-directors-as-firm

British · England · Age 65

Lady Cross, Lady Cross, Middlesbrough, TS9 7DY

Notified 06/04/2016

CompanyRankvs 8674+ SIC 71122 peers
56

Financial strength76th percentile among SIC peers · 19/25
Employees34th percentile among SIC peers · 5/15
LiquidityCurrent ratio 0.06× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength19/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees5/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/10/2024

Net Worth

£36k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£37k

Working capital

Current Assets

£2k

Current Liabilities

£39k

Fixed Assets

£472

1avg. employees

Balance Sheet

Assets less current liabilities£36k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20240.06+£1k
20230.09+£1k
20220.12+£63k
20210.23-£13k
20200.41
20190.97
20181.10

Derived from filed accounts. Not audited figures.