Lodge Initiatives Ltd

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lodge initiatives ltd Company Information

Company Number

04605339

Next Accounts

Sep 2025

Directors

Alan Duckers

Thomas Duckers

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Shareholders

mr alan duckers

mrs patricia duckers

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Group Structure

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Industry

Retail trade of motor vehicle parts and accessories

Registered Address

kings court, prince william avenue, deeside, flintshire, CH5 2QZ

Website

www.lodgeparts.co.uk

lodge initiatives ltd Estimated Valuation

£8m

Pomanda estimates the enterprise value of LODGE INITIATIVES LTD at £8m based on Net Assets of £3.1m and 2.62x industry multiple (adjusted for liquidity).

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Lodge Initiatives Ltd is a live company located in deeside, CH5 2QZ with a Companies House number of 04605339. It operates in the retail trade of motor vehicle parts and accessories sector, SIC Code 45320. Founded in December 2002, it's largest shareholder is mr alan duckers with a 45% stake. Lodge Initiatives Ltd is a mature, mid sized company, Pomanda has estimated its turnover at £5.8m with healthy growth in recent years.

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Pomanda's financial health check has awarded Lodge Initiatives Ltd a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs

Health Rating4.5out of 5

4 Strong

2 Regular

6 Weak

Size

annual sales of £5.8m, make it smaller than the average company (£7.3m)

Growth

3 year (CAGR) sales growth of 15%, show it is growing at a faster rate (7.8%)

EXPORT

Lodge Initiatives Ltd's latest turnover from December 2023 is estimated at £5.8 million and the company has net assets of £3.1 million. According to their latest financial statements, Lodge Initiatives Ltd has 24 employees and maintains cash reserves of £808.3 thousand as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014	Dec 2013	Dec 2012	Dec 2011	Dec 2010	Dec 2009
Turnover	5,767,099	4,009,797	3,585,947	3,824,957	5,191,482	5,985,461	4,091,432	4,315,261	5,373,350	4,815,257	4,368,353	3,902,508	2,877,472	1,634,693	0
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	4,218,380	2,940,339	2,513,888	2,772,586	3,624,530	4,139,002	2,819,696	3,003,811	3,750,388	3,358,331	3,156,965	2,714,702	2,013,571	1,153,709	0
Gross Profit	1,548,719	1,069,457	1,072,059	1,052,371	1,566,952	1,846,460	1,271,737	1,311,450	1,622,962	1,456,927	1,211,388	1,187,806	863,900	480,984	0
Admin Expenses	1,829,716	1,751,986	677,893	722,537	928,654	923,608	468,590	875,200	1,362,036	1,321,037	925,270	909,215	717,664	409,228	-182,586
Operating Profit	-280,997	-682,529	394,166	329,834	638,298	922,852	803,147	436,250	260,926	135,890	286,118	278,591	146,236	71,756	182,586
Interest Payable	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Interest Receivable	46,045	58,318	5,875	2,228	12,091	6,189	3,118	1,365	1,154	733	634	386	471	187	81
Pre-Tax Profit	-234,952	-624,211	400,041	332,062	650,389	929,041	806,265	437,615	262,080	136,623	286,752	278,978	146,707	71,943	182,667
Tax	0	0	-76,008	-63,092	-123,574	-176,518	-153,190	-87,523	-52,416	-28,691	-65,953	-66,955	-38,144	-20,144	-51,147
Profit After Tax	-234,952	-624,211	324,033	268,970	526,815	752,523	653,075	350,092	209,664	107,932	220,799	212,023	108,563	51,799	131,520
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	-234,952	-624,211	324,033	268,970	526,815	752,523	653,075	350,092	209,664	107,932	220,799	212,023	108,563	51,799	131,520
Employee Costs	742,207	605,928	648,980	675,342	593,854	564,656	372,740	273,342	727,132	641,110	557,290	525,393	399,739	234,002	0
Number Of Employees	24	21	24	24	21	21	15	11	29	25	22	22	17	10	0
EBITDA*	-246,831	-656,368	425,119	360,099	675,206	958,755	851,620	464,576	289,238	142,654	302,630	290,764	158,446	81,383	193,690

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014	Dec 2013	Dec 2012	Dec 2011	Dec 2010	Dec 2009
Tangible Assets	118,645	98,303	114,239	116,123	131,530	135,615	166,944	90,309	89,277	81,810	51,587	38,124	37,681	29,671	34,302
Intangible Assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Investments & Other	90	90	90	90	0	0	0	0	0	0	0	0	0	0	0
Debtors (Due After 1 year)	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Fixed Assets	118,735	98,393	114,329	116,213	131,530	135,615	166,944	90,309	89,277	81,810	51,587	38,124	37,681	29,671	34,302
Stock & work in progress	1,844,930	1,518,931	1,043,173	1,213,437	843,714	1,010,847	802,396	479,178	458,746	447,632	220,461	304,334	295,528	158,882	58,314
Trade Debtors	907,035	718,470	889,308	585,061	897,510	1,287,690	1,012,654	697,241	576,605	506,989	493,607	479,223	268,441	168,162	123,825
Group Debtors	336,184	548,716	467,570	0	0	0	0	0	0	0	0	0	0	0	0
Misc Debtors	35,821	32,834	42,492	22,174	10,723	7,010	29,449	118,467	66,797	0	0	0	0	0	0
Cash	808,272	945,824	2,386,660	2,313,535	2,142,391	1,081,753	568,604	678,638	413,664	48,028	245,173	8,525	145,937	42,472	32,253
misc current assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total current assets	3,932,242	3,764,775	4,829,203	4,134,207	3,894,338	3,387,300	2,413,103	1,973,524	1,515,812	1,002,649	959,241	792,082	709,906	369,516	214,392
total assets	4,050,977	3,863,168	4,943,532	4,250,420	4,025,868	3,522,915	2,580,047	2,063,833	1,605,089	1,084,459	1,010,828	830,206	747,587	399,187	248,694
Bank overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Bank loan	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Trade Creditors	471,335	169,496	106,525	345,005	320,152	245,040	255,172	503,088	375,834	251,623	285,924	323,815	449,639	215,668	115,732
Group/Directors Accounts	145,084	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other short term finances	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
hp & lease commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other current liabilities	352,663	380,325	906,434	288,280	362,209	459,892	254,119	157,302	177,012	0	0	0	0	0	0
total current liabilities	969,082	549,821	1,012,959	633,285	682,361	704,932	509,291	660,390	552,846	251,623	285,924	323,815	449,639	215,668	115,732
loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
hp & lease commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Accruals and Deferred Income	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other liabilities	0	0	0	0	0	0	0	0	9,743	0	0	2,286	5,866	0	1,242
provisions	23,050	19,550	12,565	23,160	18,502	19,793	25,089	10,851	0	0	0	0	0	0	0
total long term liabilities	23,050	19,550	12,565	23,160	18,502	19,793	25,089	10,851	9,743	0	0	2,286	5,866	0	1,242
total liabilities	992,132	569,371	1,025,524	656,445	700,863	724,725	534,380	671,241	562,589	251,623	285,924	326,101	455,505	215,668	116,974
net assets	3,058,845	3,293,797	3,918,008	3,593,975	3,325,005	2,798,190	2,045,667	1,392,592	1,042,500	832,836	724,904	504,105	292,082	183,519	131,720
total shareholders funds	3,058,845	3,293,797	3,918,008	3,593,975	3,325,005	2,798,190	2,045,667	1,392,592	1,042,500	832,836	724,904	504,105	292,082	183,519	131,720

	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014	Dec 2013	Dec 2012	Dec 2011	Dec 2010	Dec 2009
Operating Activities
Operating Profit	-280,997	-682,529	394,166	329,834	638,298	922,852	803,147	436,250	260,926	135,890	286,118	278,591	146,236	71,756	182,586
Depreciation	34,166	26,161	30,953	30,265	36,908	35,903	48,473	28,326	28,312	6,764	16,512	12,173	12,210	9,627	11,104
Amortisation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tax	0	0	-76,008	-63,092	-123,574	-176,518	-153,190	-87,523	-52,416	-28,691	-65,953	-66,955	-38,144	-20,144	-51,147
Stock	325,999	475,758	-170,264	369,723	-167,133	208,451	323,218	20,432	11,114	227,171	-83,873	8,806	136,646	100,568	58,314
Debtors	-20,980	-99,350	792,135	-300,998	-386,467	252,597	226,395	172,306	136,413	13,382	14,384	210,782	100,279	44,337	123,825
Creditors	301,839	62,971	-238,480	24,853	75,112	-10,132	-247,916	127,254	124,211	-34,301	-37,891	-125,824	233,971	99,936	115,732
Accruals and Deferred Income	-27,662	-526,109	618,154	-73,929	-97,683	205,773	96,817	-19,710	177,012	0	0	0	0	0	0
Deferred Taxes & Provisions	3,500	6,985	-10,595	4,658	-1,291	-5,296	14,238	10,851	0	0	0	0	0	0	0
Cash flow from operations	-274,173	-1,488,929	96,319	183,864	1,081,370	511,534	11,956	302,710	390,518	-160,891	268,275	-121,603	117,348	16,270	76,136
Investing Activities
capital expenditure	-54,508	-10,225	-29,069	-14,858	-32,823	-4,574	-125,108	-29,358	-35,779	-36,987	-29,975	-12,616	-20,220	-4,996	-45,406
Change in Investments	0	0	0	90	0	0	0	0	0	0	0	0	0	0	0
cash flow from investments	-54,508	-10,225	-29,069	-14,948	-32,823	-4,574	-125,108	-29,358	-35,779	-36,987	-29,975	-12,616	-20,220	-4,996	-45,406
Financing Activities
Bank loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Group/Directors Accounts	145,084	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Short Term Loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Long term loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Hire Purchase and Lease Commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other long term liabilities	0	0	0	0	0	0	0	-9,743	9,743	0	-2,286	-3,580	5,866	-1,242	1,242
share issue	0	0	0	0	0	0	0	0	0	0	0	0	0	0	200
interest	46,045	58,318	5,875	2,228	12,091	6,189	3,118	1,365	1,154	733	634	386	471	187	81
cash flow from financing	191,129	58,318	5,875	2,228	12,091	6,189	3,118	-8,378	10,897	733	-1,652	-3,194	6,337	-1,055	1,523
cash and cash equivalents
cash	-137,552	-1,440,836	73,125	171,144	1,060,638	513,149	-110,034	264,974	365,636	-197,145	236,648	-137,412	103,465	10,219	32,253
overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
change in cash	-137,552	-1,440,836	73,125	171,144	1,060,638	513,149	-110,034	264,974	365,636	-197,145	236,648	-137,412	103,465	10,219	32,253

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

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Perform a competitor analysis for lodge initiatives ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other mid companies, companies in CH5 area or any other competitors across 12 key performance metrics.

LODGE INITIATIVES LTD group structure

Lodge Initiatives Ltd has no subsidiary companies.

Ultimate parent company

LODGE INITIATIVES LTD

04605339

LODGE INITIATIVES LTD Shareholders

mr alan duckers	45%
mrs patricia duckers	45%
thomas michael duckers	10%

Lodge Initiatives Ltd currently has 4 directors. The longest serving directors include Mr Alan Duckers (Dec 2002) and Mr Thomas Duckers (May 2018).

officer	country	age	start	end	role
Mr Alan Duckers	England	68 years	Dec 2002	-	Director
Mr Thomas Duckers	England	44 years	May 2018	-	Director
Mrs Patricia Duckers	England	66 years	Jan 2023	-	Director
Mr Jeffrey Scott		59 years	Jan 2023	-	Director

P&L

December 2023

turnover

5.8m

+44%

operating profit

-281k

gross margin

26.9%

+0.69%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

December 2023

net assets

3.1m

-0.07%

total assets

4.1m

+0.05%

cash

808.3k

-0.15%

net assets

Total assets minus all liabilities

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company number

04605339

Type

Private limited with Share Capital

industry

45320 - Retail trade of motor vehicle parts and accessories

incorporation date

December 2002

ultimate parent company

None

previous names

N/A

address

kings court, prince william avenue, deeside, flintshire, CH5 2QZ

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lodge initiatives ltd Company Information

lodge initiatives ltd Estimated Valuation

lodge initiatives ltd Estimated Valuation

lodge initiatives ltd Estimated Valuation

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LODGE INITIATIVES LTD financials

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