Somerville Lodge Limited

Somerville Lodge Limited, based in Newmarket, UK, is a small, family-run business with an active status, founded 17 years ago. Employing 93 people and holding assets of £1,561,605, it operates from a real address and is overseen by three directors and two owners. The company is irregular importer of animal feed and food waste (1 months imported) and irregular exporter of live animals (1 months exported). It’s a business that’s clearly rooted in the local community, with a strong emphasis on tradition and expertise.

The company’s website, somervillelodge.com, paints a picture of a thriving horse training operation led by William Haggas. The site showcases impressive statistics—142 global winners, 30 stakes winners, and a record-breaking 8,672,835 in prize money—and highlights the yard’s history and success. The site is very professional and well-designed, with a focus on showcasing the horses, the training facilities, and the team. It’s clear that the business is more than just a training yard; it’s a brand built on reputation and results. It’s not an e-commerce site; it’s a marketing tool to attract new clients and promote the yard's services.

Financially, Somerville Lodge Limited shows a generally healthy picture, though with some areas of concern. Current assets increased by 33% to £1,600,000, while net assets increased by 7.5% to £1,700,000. Cash reserves grew by 67% to £400,000, which is a positive sign. However, creditors increased by 23% to £1,300,000, which could indicate increased borrowing or extended payment terms. Debtors also increased by 27% to £1,200,000, suggesting a need to manage customer payments more effectively. The company's small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the increase in creditors should be monitored. No auditor is mentioned, likely due to its status as a small company. The accounts are abridged and unaudited, so the numbers rely on director-reported data.

Overall, Somerville Lodge Limited appears to be a financially stable business with a strong reputation in the horse racing industry. The increase in creditors and debtors is something to keep an eye on, but the overall picture is positive. The company’s success is clearly driven by the expertise of William Haggas and the dedication of his team.

Registered in England/Wales under the registration number 06462591, with a registered address at CB8 7AA, England, Newmarket, Somerville Lodge, Fordham Road.

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