LUCOCQ HOLDINGS LIMITED

Executive Summary

Lucocq Holdings Limited is a recently incorporated private holding company with limited financial history. The balance sheet reveals a small net current liability position, posing short-term liquidity risk, though shareholders’ funds remain positive. The company appears compliant with filing requirements, but further due diligence on subsidiary assets and cash flow is advised to fully assess operational stability and solvency prospects.

LUCOCQ HOLDINGS LIMITED - Analysis Report

Company Number: 14554185

Analysis Date: 2025-07-20 12:23 UTC

1. Risk Rating: MEDIUM
   The company shows a modest net asset base but has a small net current liability position, indicating potential short-term liquidity concerns. The company is relatively new and has limited financial history, which constrains a full assessment.

2. Key Concerns:

• Net current liabilities of £1,162 as of 31 March 2024, indicating working capital deficiency that could challenge short-term obligations.
• Very limited capitalization (£1,500 share capital) and no reported revenue or profit data, raising questions about operational scale and sustainability.
• The company operates as a holding entity with investments in subsidiaries but lacks detailed disclosures on subsidiary performance or cash flows, limiting visibility on underlying asset quality and operational risks.

3. Positive Indicators:

• The company is current with all statutory filings and accounts, showing compliance with regulatory requirements.
• Shareholders’ funds remain positive at £338 despite the working capital deficit, indicating some equity buffer.
• The company is under the control of identified directors and persons with significant control, suggesting clear governance structures.

4. Due Diligence Notes:

• Investigate the nature and valuation of the subsidiary investments (£1,500 cost) to understand asset quality and potential income streams.
• Review cash flow statements or management accounts to assess liquidity dynamics beyond the balance sheet snapshot.
• Confirm any contingent liabilities or off-balance sheet commitments that may impact solvency.
• Assess the background and capacity of the directors and PSCs to provide ongoing support or capital if required.