Lode Products And Services Limited

Lode Products And Services Ltd, based in Maidenhead, UK, is a small holding company with an active status, having been founded seventeen years ago in 2008. The company employs five people and holds assets totaling £1,351,691. It operates from a virtual address – a point of note as 101 companies are registered at the same location – and is led by one director and one owner. The company has a Google rating of 5.0 based on a single review, and operates an e-commerce site. It’s a regular importer, specializing in headgear and accessories, with 59 months of import activity recorded, the last in 2022.

The company’s primary activity is the wholesale of textiles, operating in a competitive market. The e-commerce site suggests a direct-to-consumer element, though the wholesale nature implies business-to-business sales are the core focus. The virtual address, while potentially cost-effective, could raise questions about the company’s physical presence and operational scale.

Financially, Lode Products And Services Ltd presents a mixed picture. While cash bank on hand remained relatively stable at £46,000, net assets decreased by 7.2% to £240,000. Bank borrowings saw a significant surge, increasing by 170% to £270,000, which could indicate investment or working capital needs. Trade debtors also increased by 1.9%, suggesting a possible delay in customer payments. Despite this, creditors decreased by 5.2%, which is a positive sign. The company’s small size – meeting two of three criteria for being considered small – allows for agility, but the increase in borrowings warrants attention. The lack of an auditor mentioned is typical for a small, exempt company.

Overall, Lode Products And Services Ltd appears to be navigating a period of change, with increased borrowing potentially fueling growth or addressing short-term challenges. The company's future success will likely depend on its ability to manage its debt and maintain its position in the competitive textiles wholesale market.

Registered in England/Wales under the registration number 06574086, with a registered address at SL6 8BN, England, Maidenhead, Berkshire, C/O Wilson Partners Limited, Tor, Saint-Cloud Way.

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