So Resin Ltd

So Resin Ltd from Borehamwood UK: small company, active status, founded 4 years ago, 1 employee, £8,306 assets, virtual address, 1 director, 1 owner, solo founder. The company operates in the manufacture of imitation jewellery and related articles, the retail sale via mail order houses or via internet industries. Officially, it has one owner or PSCs, one director, and one employee. It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The last reported current assets is £8,306.

The company’s website, SO Resin Flower Preservation, focuses entirely on floral preservation—a niche service transforming wedding flowers and other blooms into lasting resin keepsakes. It's clearly an e-commerce business, with a clean, user-friendly design and a strong emphasis on visual appeal. The site highlights the process of resin preservation, showcasing beautiful examples of preserved bouquets and offering various pricing options. There’s a booking calendar, a gallery of past work, and a blog with helpful tips and FAQs. It seems the business has really found a niche and is doing well.

Financially, So Resin Ltd presents a mixed picture. While net assets are down significantly, from -£1,500 to just £3, it’s important to note the company is still in its early stages. Cash bank on hand has increased by 33% to £7,300, suggesting improved cash flow management. However, creditors have risen by 28% to £9,800, indicating a reliance on trade credit. Accumulated depreciation has also increased, reflecting investment in plant and machinery. The company’s small size and lack of employees (just one reported) contribute to its lean operational structure. With no auditor mentioned, the financial statements are unaudited. It seems like the business is growing, but it’s still burning through money, and the owner will need to keep a close eye on expenses.

Registered in England/Wales under the registration number 12679951, with a registered address at WD6 1QX, England, Borehamwood, 146 Manor Way.

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