Back to search

Lucid Motors Limited

10457635

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

C/O CSC CLS (UK) LIMITED 5 CHURCHILL PLACE, LONDON, E14 5HU
Incorporated 02/11/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45111
Sale of new cars and light motor vehicles
45200
Maintenance and repair of motor vehicles
71129
Other engineering activities
71200
Technical testing and analysis

Officers

Mr Gagan Dhingra

director · Since 16/04/2025

DIRECTOR

AMERICAN · UNITED STATES · Age 52

Mr Lawrence Hamilton

director · Since 16/04/2025

DIRECTOR

BRITISH · NETHERLANDS · Age 54

Persons with Significant Control

Lucid Group, Inc.

75–100% shares
75–100% votes
Appoint directors

7373, Gateway Boulevard, Newark, 94560

Reg: 7953804 · Delaware Department Of State: Division Of Corporations · Corporation

Notified 23/09/2021

Former PSCs

Oakwood Corporate Nominees Limited

Ceased 29/01/2018

Oakwood Corporate Nominees 2018 Limited

Ceased 02/10/2019

Oakwood Corporate Nominees 2019 Limited

Ceased 10/05/2021

Oakwood Corporate Nominees 2021 Limited

Ceased 23/09/2021

CompanyRankvs 2130+ SIC 45111 peers
42

Financial strength11th percentile among SIC peers · 3/25
Employees54th percentile among SIC peers · 8/15
LiquidityCurrent ratio 0.96× · 6/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength3/25 pts

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

Employees8/15 pts

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

Liquidity6/20 pts

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

Longevity10/15 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 31/12/2023

Net Worth

-£8k

Balance sheet strength

Cash

£47k

Cash in the bank

Net Current Assets

-£8k

Working capital

Current Assets

£169k

Current Liabilities

£177k

Debtors

£122k

2avg. employees

Balance Sheet

Assets less current liabilities-£8k
Prepared with Caseware UK (AP4) 2023.0.135

EstimatesDerived

YearCurrent RatioImplied Profit
20230.96+£0
20220.89

Derived from filed accounts. Not audited figures.