Loake Brothers Limited

Loake Brothers Limited, based in Kettering, UK, is a substantial company with a rich history, having been founded 130 years ago in 1895. Currently active, the firm employs 160 people and holds assets totaling £30,240,846. It operates as a holding company and maintains a real address, with five directors and one owner overseeing its operations. A key feature is its e-commerce site, complemented by a 4.0 Google rating based on 19 reviews. Loake Brothers is a regular importer and exporter, bringing in footwear and related items for 629 months and exporting for 876 months, with the latest activity recorded in January 2025.

The company’s core business revolves around the manufacture of footwear, wholesale of clothing and footwear, and retail sale of footwear in specialised stores. It’s a well-established brand with a long-standing reputation for quality and craftsmanship. The website, while not extensively detailed, reinforces this image, showcasing a range of traditional and contemporary footwear styles.

Financially, Loake Brothers Limited exhibits a mixed picture. While bank cash increased by 17% to £12 million, net assets grew by 10% to £30 million. However, administrative expenses rose significantly by 18% to £4.3 million, and director remuneration benefits increased by 11% to £550,000. Interestingly, dividends paid remained constant at £830,000. The company’s current assets grew by 11% to £30 million, but trade debtors decreased slightly, suggesting improved debt collection. The company’s average number of employees increased by 7.5% to 170, which could be a sign of growth or increased workload. Moore acted as the auditor, and the report was signed off in June 2024.

The trends suggest that Loake Brothers is a financially stable company, but it’s facing increased operational costs. The company’s continued investment in its e-commerce presence and its focus on traditional manufacturing techniques are likely contributing to its success. The increase in administrative expenses may be related to the company’s growth and expansion efforts, or perhaps a reflection of rising inflation. It’s worth noting that the company’s financial statements are audited, providing a degree of assurance to stakeholders.

Registered in England/Wales under the registration number 00043081, with a registered address at NN16 9SN, Kettering, Northamptonshire, Unique Works, Wood Street.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.