LUCID MARKETS TRADING LIMITED

• ⚠

  Material uncertainty over going concern

  On 29 January 2018, the designated members of the Company's wholly owned subsidiary, LLP, announced their intention to wind down the partnership in an orderly and solvent manner. As a result of the decision to wind down the LLP, the Company will be subsequently wound down and dissolved once the LLP wind down process is complete. Accordingly, these financial statements have been prepared on a basis other than the going concern basis.

Figures converted to GBP from USD at 0.748 per USD (Frankfurter spot rate) — hover any figure for the original. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  -100.2%

  £5,384,086 → -£9,936

• Cash

  —

  Not reported

• Net assets

  -80.5%

  £5,591,129 → £1,091,362

• Employees

  0%

  5 → 5

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

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

BKL Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“On 29 January 2018, the designated members of the Company's wholly owned subsidiary, LLP, announced their intention to wind down the partnership in an orderly and solvent manner. As a result of the decision to wind down the LLP, the Company will be subsequently wound down and dissolved once the LLP wind down process is complete. Accordingly, these financial statements have been prepared on a basis other than the going concern basis.”

Group structure

1. LUCID MARKETS TRADING LIMITED · parent
   1. Lucid Markets LLP 100% · United Kingdom · Controlling member

Significant events

• “On 29 January 2018, the designated members of the Company's wholly owned subsidiary, LLP, announced their intention to wind down the LLP in an orderly and solvent manner... LLP has exited the market and the Company is being wound down.”
• “The directors intend to continue to wind down the Company and subsequently the Company will be dissolved once the LLP wind down process is complete.”

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

0

last 12 months

Officers resigned

0

last 12 months

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