Soanua Limited

Soanua Ltd from London UK: a small, active company founded seven years ago, employs four people, and holds £1,867,322 in assets. It's a real address with four directors and one owner, and operates an e-commerce site. The company regularly imports clothing and accessories made by knitting or crocheting, with 84 months of import activity recorded.

The company's website, Rise Fall, showcases a curated selection of luxury clothing and homeware at affordable prices. It's a modern, everyday classics brand, focusing on quality and value. The site features a wide range of products, from bedding and towels to women’s and men’s clothing, with a strong emphasis on materials like cashmere and linen. It also has a blog and a "blueprint" section detailing its manufacturing processes and commitment to ethical sourcing. The site is very well designed, with a clean layout and high-quality photography.

Financially, Soanua Ltd’s numbers paint a mixed picture. Current assets have increased significantly, jumping 240% to £1,900,000, which is good news. However, net assets have also increased by 510% to £660,000, which is a little odd, and it’s not entirely clear why. Bank borrowings have increased by a staggering 2,800%, reaching £110,000, and cash reserves have fallen 35% to £93,000. Creditors have also increased by 280%, reaching £1,100,000 within one year, which suggests the company is relying on credit to fund its operations. The company is small, meeting two of three criteria for a small company, and there’s no mention of an auditor, so the figures are unaudited.

It seems like Soanua Ltd is growing quickly, but it’s also burning through cash. The increase in borrowing suggests that the company is struggling to fund its growth through its own profits. It’s a little concerning, but the company’s strong e-commerce presence and focus on luxury goods could help it weather the storm.

Registered in England/Wales under the registration number 10765444, with a registered address at W10 6BD, England, London, 2-4 Exmoor Street (Unit 23).

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