Soame Interiors Ltd

Soame Interiors Ltd, based in Witney, UK, is a small, active company founded 16 years ago. With six employees and a real address, it’s a family-run operation led by one director and owner. The business operates an e-commerce site and boasts a solid 4.0 Google rating from 46 reviews. It’s an irregular importer, with its top import category being Miscellaneous metal items, totaling 2 months of imports, the last one being January 1st, 2025. The company specializes in the retail sale of second-hand goods in stores.

The website showcases a wide range of homewares, from rattan furniture to cast iron signs, and even high-end designer coffee tables. It’s clear Soame Interiors aims to offer unique and exclusive items from around the world, appealing to customers seeking something a little different. The site’s design is clean and easy to navigate, and the product descriptions are detailed and informative.

Financially, Soame Interiors Ltd presents a mixed picture. Cash bank on hand increased by 63% to £3,100, which is a positive sign. However, net assets liabilities decreased by 41% to just £17, and finished goods for resale dropped by 24% to £22,000. Creditors decreased by 11% to £29,000, suggesting better debt management, but trade debtors also fell by 6.1% to £11,000. Property, plant, and equipment decreased across the board, with commercial motor vehicles down 25% to £3,900. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 100 employees) helps it stay nimble, but the decline in equity is a concern. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, Soame Interiors Ltd seems to be holding its own, but it’s facing some financial headwinds. The company's focus on unique homewares and its strong online presence are positives, but it will need to carefully manage its finances to ensure long-term sustainability. The company’s website is well-designed, but the site could benefit from more engaging content and a stronger brand identity.

Registered in England/Wales under the registration number 06634834, with a registered address at OX29 7RH, England, Witney, Oxon, 35 High Street, Standlake.

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