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Lucion Ground Engineering Ltd

06929574

active
Private Limited Company
Companies House
Health Score
67 / 100

Some Concerns

25/30
Filing
10/30
Financial
32/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 4 outstanding charges (-8)

Details

GE BUILDING, PETERBOROUGH, PE1 5UA
Incorporated 10/06/2009

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43130
Test drilling and boring

Officers

Mr Philip David Coles

director · Since 26/02/2025

CHIEF EXECUTIVE OFFICER

BRITISH · ENGLAND · Age 56

Also on 21 other boards

Carolyn Ann Cole

director · Since 02/04/2025

CHIEF PEOPLE OFFICER

BRITISH · UNITED KINGDOM · Age 49

Also on 5 other boards

Benjamin Allison

director · Since 17/09/2025

CHIEF COMMERCIAL OFFICER

BRITISH · ENGLAND · Age 40

Also on 14 other boards

Persons with Significant Control

Lucion Delta-Simons Limited

75–100% shares
75–100% votes

Unit 5, Abbots Park, Runcorn, WA7 3GH

Reg: 04786034 · Companies House · Private Company Limited By Shares

Notified 11/05/2022

Former PSCs

Mr Christopher Michael John Ebeling

Ceased 11/05/2022

Mr Steven Joseph Fleming

Ceased 11/05/2022

Charges4 outstanding

Charge
outstanding

PALATINE PRIVATE EQUITY LLP (AS SECURITY TRUSTEE)

Created 19/02/2025Registered 25/02/2025
Charge
outstanding

PALATINE PRIVATE EQUITY LLP (AS SECURITY TRUSTEE)

Created 27/08/2024Registered 30/08/2024
Charge
outstanding

PALATINE PRIVATE EQUITY LLP (AS SECURITY TRUSTEE)

Created 09/12/2022Registered 12/12/2022
Charge
outstanding

HSBC CORPORATE TRUSTEE COMPANY (UK) LIMITED AS SECURITY AGENT FOR THE SECURED PARTIES AS DEFINE

Created 05/08/2022Registered 09/08/2022
charge
satisfied

SME INVOICE FINANCE LIMITED

Created 13/07/2009Registered 16/07/2009Satisfied 26/07/2022

CompanyRankvs 10+ SIC 43130 peers
77

Financial strength92th percentile among SIC peers · 23/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 4.06× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength23/25 pts

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

Employees14/15 pts

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

Liquidity20/20 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.

Risk deductions

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/03/2023

Net Worth

£910k

Balance sheet strength

Cash

£321k

Cash in the bank

Net Current Assets

£831k

Working capital

Current Assets

£1.1M

Current Liabilities

£271k

Fixed Assets

£101k

Debtors

£697k

26avg. employees

Tax at Year End

Corp tax£62k

Balance Sheet

Intangible assets£0
Assets less current liabilities£932k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20234.06+£209k
20223.09+£191k
20211.67+£76k
20202.13

Derived from filed accounts. Not audited figures.