Lords Trading Ltd

Lords Trading Ltd is a small, active company based in London, UK, founded four years ago in 2020. It operates from a virtual address and is led by a single director and owner, who also serves as the solo founder. The company meets two of the three conditions to be considered small: turnover under £10.2 million and a balance sheet total under £5.1 million, with fewer than 50 employees.

The company's website reveals a surprising connection to Lords Group Trading plc, a larger, 35-year-old business specializing in building, plumbing, heating, and DIY goods. Lords Trading Ltd appears to be a distributor within this broader group, focusing on supplying building materials and DIY goods through both a network of merchant businesses and an online platform. It operates in both the 'light side' (timber and building materials) and 'heavy side' (civils and landscaping) of the industry, with 32 locations across the UK. A plumbing and heating division also exists, offering a multichannel service with over 16 locations enabling next day delivery. The website also mentions a focus on investors and corporate governance.

Financially, Lords Trading Ltd presents a concerning picture. Net assets liabilities have increased by 11% to -£20,000, and trade creditors have risen by 80% to £720. While the company's small size allows for agility, the negative equity and growing liabilities suggest a potential struggle. Cash reserves are not mentioned, and the lack of an auditor—likely due to its small size—means the figures are unaudited. The company's accounts are described as "filleted" and prepared in accordance with FRS 102 Section 1A. It seems like the business is not doing well.

Registered in England/Wales under the registration number 12737145, with a registered address at WC2H 9JQ, England, London, 71-75 Shelton Street.

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