Lodgico Ltd

Lodgico Ltd from Barnstaple, UK, is a small, active company founded 21 years ago. With 14 employees and £444,839 in assets, it's a well-established player in the region. The company boasts a 5.0 Google rating based on 10 reviews and is regularly importing wood and wood products—the last operation recorded in March 2025. It’s managed by three directors and owned by two individuals, Brailey Lee and Clarke Robert Andrew.

Lodgico Ltd operates in the construction industry, specifically focusing on domestic buildings and other civil engineering projects. Its website is currently inaccessible due to security measures, making it difficult to assess its online presence and e-commerce activities.

Financially, Lodgico Ltd presents a mixed picture. While current assets decreased by 13% to £440,000, cash reserves saw a healthy 18% increase to £170,000. However, net assets plummeted 940% to £57,000, a significant shift. Creditors decreased by 25%, which is a positive sign, but bank borrowings increased by 4.1%. The company’s small size—meeting two of three conditions to be considered small—helps it remain flexible. As a small company, it's exempt from an audit, so the financial data is unaudited. The company’s turnover is under £10.2m, balance sheet total is under £5.1 million, and it has less than 50 employees.

The sharp drop in equity is a notable concern, suggesting potential cash flow pressures or increased borrowing. The company’s reliance on regular imports of wood and wood products, coupled with the inaccessible website, raises questions about its current operational strategy. It's clear the company is facing some challenges, but its strong Google rating and established presence suggest it has the potential to weather the storm.

Registered in England/Wales under the registration number 04881246, with a registered address at EX32 8QA, United Kingdom, Barnstaple, Devon, Unit 9, Taw Mill Business Park, Howard Avenue.

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