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You are here: Home1 / Lodge Tyre

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Recruitment roadblock reduces Halfords profitability, but tyres continue to drive growth

Career Tracks, Company News, UK News
Halfords

Halfords Group plc (Halfords)’s third-quarter 2023 trading update for the 13 weeks to 30 December 2022 show that group revenue grew 38.3 per cent and like-for-like group sales were up 12.6 per cent compared with 2020 levels. Other headlines included the news that Halfords’s services business represents 50.3 per cent of group revenue, and B2B, which includes the Avayler system 28.2 per cent. At the same time, Halfords hailed its “strong Commercial Fleet performance”, with this part of the business growing 138 per cent year-on-year. However, the company reduced its full-year 2023 underlying profit before tax (PBT) guidance from £60 million to £50 million.

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Related news:

  1. Halfords ‘motoring revenue’ will be 70% post National Tyres acquisition
  2. Autocentres continue to drive Halfords sales post National Tyres purchase
  3. Halfords investing £3.5 million in creating 1000 automotive technician roles
  4. Halfords investing up to £81 million in Axle Group acquisition
12th January 2023/by Chris

Halfords acquires Lodge Tyre

Company News, UK News

Halfords Group plc has made a further tyre sector acquisition with its purchase of LTC Trading Holdings Limited and subsidiary Lodge Tyre Company for £37.2 million. The addition of Lodge Tyre’s 50 garages and 248 mobile vans takes the Halfords garage services business to 656 garages, 253 consumer vans, 440 commercial vans and nine warehouses.

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Related news:

  1. Lodge Tyres consolidated in 2020, growing in 2021
  2. Halfords extends Mobile Expert ‘garage on wheels’ across London
  3. Top 10 UK tyre retailers 2022 – growing fast
  4. Halfords’ major tyre retail play
5th October 2022/by Stephen

Top 10 UK tyre retailers 2022 – growing fast

Leading Retailers (UK), UK News

Times have been tough in the last couple of years, but if the growth of the top 25 tyre retailers in the UK is anything to go by, the nation’s leading tyre retail businesses are taking triumph from adversity. Of course, Halfords’ acquisition of National Tyres and Autocare’s parent company at the end of 2021 makes up a big part of the new UK tyre retail landscape, but it is clear that adding branches to existing networks (either by organic growth or by acquisition) is a common theme across the board.

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Related news:

  1. The top 10 UK tyre retail chains 2021
  2. Micheldever/Protyre moves up to fourth, Lodge Tyres jumps in retail rankings
  3. ETEL continues to lead top 20 UK tyre retailers 2019
  4. Halfords charges into second place in the 2020 UK tyre retail ranking
6th May 2022/by Chris

Lodge Tyre wins Gold investors in people award

Career Tracks, UK News
Lodge Tyres

Investors in People has awarded Lodge Tyre Company Ltd with its investors in people gold accreditation. Gold accreditation means the company has the policies in place and that everyone – from the directors to apprentices – takes ownership for them taking place. Only 17 per cent of accredited organisations achieve the gold standard.

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Related news:

  1. Investors in People awards CAM Gold accreditation
  2. Tyre Industry Awards 2015: Winners
  3. CAM awarded Investors in People
  4. CAM obtains silver Investors in People accreditation
18th March 2022/by Chris

Goodyear, Michelin, Lodge and Vaculug amongst winners of government fleet tyre contracts worth £200 million

Premium, Retreading, UK News
Ahisgett; Flickr; CC-BY-2.0

Following the news that Goodyear has retained the UK police fleet tyre contract, Tyres & Accessories contacted Crown Commercial Services in order to confirm which other tyre firms have succeeded in winning their part of the two government tyre supply contracts which together are worth an estimated £200 million.

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Related news:

  1. Investigating the national Police fleet’s tyre demands
  2. A burning issue: what tyres keep fire departments on the roads
  3. Kent Police are the most tyre-hungry
  4. Micheldever/Protyre moves up to fourth, Lodge Tyres jumps in retail rankings
4th November 2021/by Chris

Merityre, Bridgestone, Stapleton’s scoop big Tyre Industry Awards 2021

Company News, UK News

The National Tyre Distributors Association has presented a bumper crop of awards during its 92nd Annual Dinner in Birmingham. In the headline awards, Merityre was made the Overall Tyre Retailer of the Year, sponsored by Pirelli Tyres, Bridgestone took first place in Tyre Manufacturer of the Year, sponsored by The Commercial Vehicle Show, while Stapleton’s Tyre Services became 2021’s Tyre Wholesaler of the Year, sponsored by Compilator / Team Systems. Tyrepress reported the announcement of the award winners, in addition to the day’s Tyre Industry Conference, live via Twitter.

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Related news:

  1. Tyre Industry Awards 2015: Winners
  2. Tyre Industry Award winners 2016
  3. Tyre Industry Awards 2018 announced, including Bridgestone double
  4. Micheldever/Protyre moves up to fourth, Lodge Tyres jumps in retail rankings
8th October 2021/by Andrew

The top 10 UK tyre retail chains 2021

Leading Retailers (UK), Premium, UK News
Kwik Fit

With a pandemic, an MOT extension and three lockdowns to contend with, describing the last year as “difficult” would be an understatement. Nevertheless, tyre retailers have demonstrated that they are not only key workers essential to keeping the British Isles rolling, but also versatile and resilient businesspeople during the last 12 months. A quick look at the top 25 UK tyre retail chains 2021 table reveals that it has been a more eventful year than normal in terms of branch openings and closings, but overall the clear message is one of consolidation. As a result, the top 25 UK tyre retail chains wield more power than ever. Specifically, the top 25 now run 2528 branches between them. When our coverage of this area began back at the end of the 2008/2009 tax year, the figure was 1978. During the interim, the rough estimate for the total number of tyre retailers national has stayed stable at around 10,000 specialists (that number is roughly double that if you include general garages). This means the top 25 occupy roughly 25 per cent of the number of branches, up 6 percentage points since 2009.

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Related news:

  1. Micheldever/Protyre moves up to fourth, Lodge Tyres jumps in retail rankings
  2. Tyre retail market in a redistribution phase
  3. Micheldever’s Protyre retail chain is UK’s fastest growing
  4. ETEL continues to lead top 20 UK tyre retailers 2019
26th May 2021/by Chris

Autotech Recruit and the NTDA partner in tyre apprenticeship drive

Career Tracks, News, UK News
Autotech training

A new initiative driven by the NTDA will see 75 apprentices work towards the new Specialist Tyre Operative standard this year.

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Related news:

  1. Trailblazer tyre technician training gets underway
  2. Remit investing in second Derby training academy
  3. MG Motor invests in internship programme
  4. Michelin Auto Professional dealers complete new Licensed Retail Tyre Technician course
10th December 2019/by Chris

Bridgestone buys ETB, Britannia Tyres

Company News, Premium, UK News

Bridgestone has bought all the shares of ETB. ETB – otherwise known as Exhaust Tyres Batteries and Britannia Tyres – runs 32 different locations, with 265 employees assisting more than 10,000 customers a month. The news follows the sale of Bridgestone’s Kingsway tyre retail business in the East England to Lodge Tyre in September 2017. More widely, Bridgestone has been behind a series of high-profile tyre retail acquisitions across the major European tyre markets.

Both ETB and Britannia Tyres will continue operating under their current identities and with their current team, with founder Charles Ivill continuing to direct operations from the ETB company headquarters in Worcester.

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Related news:

  1. Micheldever/Protyre moves up to fourth, Lodge Tyres jumps in retail rankings
  2. Universal buys three Tyrework branches from KRT
  3. Sumitomo MTS acquisition ‘ensures continuity’ of management, brand strategy
  4. McConechy’s Tyre Service Ltd sold to Halfords for £8.5 million
10th September 2018/by Chris

Micheldever/Protyre moves up to fourth, Lodge Tyres jumps in retail rankings

Company News, Leading Retailers (UK), Premium, UK News

In last year’s ranking of the top tyre retailers in the UK, Tyres & Accessories predicted that the pace of change in the top 20 chains by branch count would result in some jostling for position. This has proved entirely accurate, as two major acquisitions have brought two of 2017’s top 20 into the fold of higher ranked companies, leading to both Micheldever/Protyre, leapfrogging HiQ into fourth place as predicted last year, and Lodge Tyre, into the top 10 from joint-14th last year, making significant jumps in this year’s table. Most other retailers have held relatively stable positions in terms of the number of stores, while our most recent additions to the table, Eden Tyres (15 stores) and Elite Garages (13) were identified as narrowly missing out on places last year.

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Related news:

  1. Protyre is fastest growing UK retail chain for 2nd straight year
  2. ETEL continues to lead top 20 UK tyre retailers 2019
  3. Tyre retail market in a redistribution phase
  4. Micheldever’s Protyre retail chain is UK’s fastest growing
26th June 2018/by Andrew

Universal buys three Tyrework branches from KRT

Company News, UK News

Universal Tyres recently bought three Tyrework tyre retail branches from Kings Road Tyre Group (KRT). The branches based in Heathrow, Gatwick and Aylesford, were officially acquired on 6 January 2018 and bring the total number of Universal retail centres to 18 points of sale.

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Related news:

  1. Micheldever/Protyre moves up to fourth, Lodge Tyres jumps in retail rankings
  2. Bridgestone buys ETB, Britannia Tyres
  3. McConechy’s Tyre Service Ltd sold to Halfords for £8.5 million
  4. Goodyear buys Easy Tyre and Autocentres
23rd January 2018/by Chris

Kingsway connects with UniSerV

Company News, UK News

Kingsway Tyres, which recently became part of the Lodge Tyre Group, is committing significant investment in CAM technologies in addition to its already sizeable participation in the e-jobsheet tablet platform.

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Related news:

  1. Fastfit Station gets to grips with CAM e-trading
  2. Tyrework upgrades with CAM’s UniSerV
  3. Inaugural CAM UniSerV user group meeting coincides with UK tyre industry gathering
  4. Auchinlea invests in fitter-force
25th September 2017/by Tyrepress Editors

Tyre Industry Awards 2015: Winners

Career Tracks, Company News, Premium, UK News

The winners of the 2015 Tyre Industry Awards were announced during the 86th NTDA Annual Dinner on 1 October following the new one-day Tyre Industry Conference at the International Convention Centre (ICC), Birmingham. Attendance at the dinner set a new record, with 60 tables sold out. The speaker and presenter of the awards was former England Rugby Union international, amateur dancer and current television pundit, Austin Healey, who added some trademark irreverence to proceedings. The Awards were also live-tweeted as they were announced on the @Tyrepress Twitter feed. The awards were sponsored this year by Sailun Tyres.

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Related news:

  1. Tyre Industry Award winners 2016
  2. Tyre Industry Awards 2018 announced, including Bridgestone double
  3. NTDA Tyre Industry Award 2014 winners announced
  4. Bridgestone: Tyre Industry Awards pay tribute to ‘giant strides’ made over past 12 months
2nd October 2015/by Andrew

Lodge Tyre opens 21st depot

UK News
Lodge Tyres

Lodge Tyre Company Ltd has opened its 21st depot, with the unveiling on a new branch in Salford. The family run and Birmingham-based business is celebrating its 80th year of trading during 2015.

The new depot, which situated in Lord Byron Square, Salford and close to the M56, M60, M61, M62 and M67 motorway network is located to service Lodge’s expanding business to business customer list as well as its mobile response service. The depot will initially be used as a stocking unit employing three people and managed by long-time Lodge employee Jamie Davies.

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Related news:

  1. Kwik Fit partners Central Tyre in van-orientated CV Show stand
  2. ATS Euromaster opens new Bracknell centre
  3. Just Tyres kiosk opening in Rooksley Centre
  4. Tyre retailers report spike in mobile tyre fitting
18th June 2015/1 Comment/by Tyrepress Editors

CAM to host second UniSerV User Group meeting before April’s CV Show

UK News

CAM has scheduled the second UniSerV User Group (UUG) meeting for April, coinciding with The CV Show at the Birmingham NEC. Chaired by Anne Sherwood, group business support manager of Tructyre Fleet Management, CAM says UUG² will continue to discuss the benefits of e-jobsheet, CAM’s open-access mobile data platform for digital tablet technology in the truck, bus and van service arena.

Read more

Related news:

  1. Inaugural CAM UniSerV user group meeting coincides with UK tyre industry gathering
  2. Strathclyde Tyres joins Horndean Tyres as investor in CAM UniSerV platform
  3. Lodge Tyre to invest in CAM UniSerV CV tyre platform in 80th year
  4. CAM to stage inaugural UniSerV user event before NTDA dinner
26th February 2015/by Andrew
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