Sagye E14 Limited

Sagye E14 Ltd from London UK: a small, active company founded two years ago, employs six people, and holds £33,164 in assets. It’s a solo-founded operation with one director and owner, boasting a stellar 5.0 Google rating from 181 reviews. The company is an irregular importer of furniture, lighting, and prefabricated buildings, with just one month of import activity recorded as of August 2023. It operates from a real address shared by three other companies.

The company’s website, Sagye Korean Restaurant, showcases a vibrant Korean dining experience with locations in Canary Wharf and Imperial Wharf (opening soon). The site emphasizes a “real taste of Korea,” offering dine-in, takeout, and delivery options via Deliveroo. Cancellation policies are clearly outlined, with fees applied for late changes or no-shows. Opening hours are extended, catering to both lunch and dinner crowds. The website also provides contact information and links to social media.

Financially, Sagye E14 Ltd presents a mixed picture. Current assets are steady at £33,000, while cash reserves remain at £17,000. Creditors are also steady at £31,000, and debtors are steady at £1,800. Equity is low at £2,100, and net assets are also at £2,100. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the low equity suggests it’s operating close to the line. No auditor is mentioned, meaning the accounts are unaudited.

Overall, Sagye E14 Ltd seems to be holding its own, but it’s clear that it’s not burning through money. The restaurant business is clearly the focus, and the positive Google reviews are a good sign. It’s likely that the company is reinvesting its earnings back into the business, rather than accumulating significant profits.

Registered in England/Wales under the registration number 14840050, with a registered address at E14 3TU, England, London, Sagye Restaurant Ground Floor, Orion Point, 7 Crews Street.

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