LUCION SERVICES LIMITED

1. LUCION SERVICES LIMITED 2022-01-12 → present
2. LUCION ENVIRONMENTAL LIMITED 2008-04-15 → 2022-01-12
3. NORHAM HOUSE 1164 LIMITED 2008-02-06 → 2008-04-15

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Azets Audit Services

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Group structure

1. LUCION SERVICES LIMITED · parent
   1. Lucion Limited 100% · UK
   2. Lucion Survey Ltd 100% · UK
   3. Lucion Survey (Landform) Ltd 100% · UK
   4. Lucion Radiation Protection Services Ltd 100% · UK

Significant events

• “In January 2025 the group successfully negotiated further funding from its lenders, which is discussed in detail on page 14.”
• “In April 2024, the group appointed Phil Coles as Chief Executive Officer.”
• “On 23 July 2025, deferred consideration of £500k held within other creditors at the year end, relating to the previous purchase of Lucion Survey Limited, has been paid by Palatine Private Equity LLP, in return for further loan notes in Project Jedi Bidco Limited for an equivalent sum.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

4

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +8.5%

  £21,772,000 → £23,613,000

• Cash

  -1.6%

  £252,000 → £248,000

• Net assets

  -30.9%

  £11,439,000 → £7,901,000

• Employees

  +12%

  275 → 308

• Operating profit

  -64.4%

  £2,110,000 → £751,000

• Profit before tax

  -65.4%

  £2,042,000 → £706,000

• Wages

  +16.5%

  £10,076,000 → £11,736,000

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers