Reindeer Lodge Ltd

Reindeer Lodge Ltd is a small, active company based in Mold, UK, established seven years ago in 2018. The company, with four employees and £36,939 in assets, operates from a real address and is managed by two directors, one of whom is also the solo founder. It’s a private limited company, and while it’s been going for a while, it's still considered small, meeting two of three criteria for a small company: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The company is involved in the other amusement and recreation activities n.e.c. industries.

The company's main activity seems to be importing toys, games, and sports equipment, with a somewhat irregular import pattern—just one month of imports recorded as of November 2023. There's no website mentioned, so it’s unclear how the company sells its products, but it’s likely a wholesale operation or selling through other retailers.

Financially, Reindeer Lodge Ltd shows a mixed picture. Current assets have increased significantly by 190% to £37,000, which is a positive sign, but net losses deepened from -£120,000 to -£170,000. Bank borrowings have doubled to £60,000, and trade creditors have risen by 30% to £150,000. Cash reserves have increased by 9.1% to £940. The company's equity has increased by 45% to £170,000. The lack of an auditor (likely exempt as a small company) means the figures are unaudited.

Overall, Reindeer Lodge Ltd appears to be facing financial pressures, despite the increase in current assets. The company’s reliance on irregular imports and the lack of a direct sales channel could be contributing to these challenges. It’s possible the company is investing in inventory or expanding its product range, but the deepening losses raise concerns. The company is still small, and its future success will depend on its ability to manage its finances and find a sustainable business model.

Registered in England/Wales under the registration number 11364407, with a registered address at CH7 4SQ, Wales, Mold, Black Meadows Farm, Leeswood.

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