Lower Lodge Candles Limited

Lower Lodge Candles Ltd, based in Gateshead, UK, is a small holding company with an active status. Established fourteen years ago in 2011, it employs twenty-one people and holds assets valued at £388,294. The company operates from a real address at Saltwell Business Park and is managed by eight directors, with one owner reported. It runs an e-commerce site selling luxury scented candles and reed diffusers.

The website showcases a wide range of products, from woody and floral candles to reed diffusers and gift sets. It’s clearly an e-commerce operation, with detailed product descriptions, high-quality images, and a user-friendly shopping experience. The site also features customer reviews, blog posts, and a section highlighting British craftsmanship—all hallmarks of a modern online retailer. They have a great range of scents, from the cozy Oak Hills collection to the festive Celebration range.

Financially, Lower Lodge Candles Ltd shows some interesting trends. Cash reserves increased by 53% to £36,000, which is good news, but net assets decreased by 130% to -£13,000—a significant drop. Bank borrowings also increased, rising by 2.5% to £10,000. Creditors rose by 17% to £400,000, suggesting a need to manage debt. The company meets the criteria to be considered a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The unaudited figures, overseen by Azets Audit Services, rely on director-reported data.

Overall, Lower Lodge Candles Ltd appears to be navigating a challenging financial landscape. While its e-commerce business seems to be thriving, the decline in equity raises concerns. It’s likely the company is reinvesting in growth, but careful management of debt will be crucial for its long-term success.

Registered in England/Wales under the registration number 07551324, with a registered address at NE9 5BF, England, Gateshead, 1 Mcmillan Close Saltwell Business Park, Low Fell.

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