So Ho 2047 Limited

So Ho 2047 Ltd from London UK: a small, active company founded three years ago, employs just two people, and holds £60,259 in assets. It operates from a virtual address, managed by two directors and a single owner who is also the solo founder. The company runs an e-commerce site and regularly exports leather goods, travel bags, and animal harnesses, with 42 months of export activity recorded, the last in January 2025.

The company’s operations are focused on retail sale via mail order houses or via internet. The website, while not directly accessible for detailed analysis, suggests a focus on online sales. It’s a small business, meeting two of three conditions for classification: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees.

Financially, So Ho 2047 Ltd presents a mixed picture. Current assets have decreased by 22% to £60,000, while net assets have fallen 31% to £8,000. Cash reserves have also declined by 81% to £41,000. However, creditors have decreased by 20% to £53,000, and trade debtors have fallen by a significant 64% to £20,000—a positive sign. The company's small size allows for agility, but the decrease in equity raises some questions. No auditor is mentioned, likely due to the company’s exemption as a small entity, so the figures are unaudited.

The company's financial data shows that the increase from depreciation charge for the year is £140, and the average number of employees during the period is three. It's a little confusing, as the report states only two employees. The company's accounting standards applied are FRS, and the accounts are described as filleted accounts.

Registered in England/Wales under the registration number 13692191, with a registered address at N3 1DP, England, London, 311 Regents Park Road.

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