Soapyard Ltd

Soapyard Ltd, from West Wickham UK, is a small, active company founded five years ago in 2019. It’s a solo-founded operation, managed by one director and owner, Blair Wendy. The company holds £6,113 in assets and operates a real address, alongside an e-commerce site. It currently boasts a perfect 5.0 Google rating based on one review.

Soapyard Ltd specializes in the non-specialised wholesale trade, the retail sale of cosmetic and toilet articles in specialised stores, the retail sale via stalls and markets of other goods, and the retail sale via mail order houses or via internet industries. The company’s website showcases a wide range of French triple-milled soaps infused with authentic Provençal fragrances, organic shea butter, and pure plant oils. It also offers a variety of soaps by fragrance, including cinnamon, argan, cherry blossom milk, and more. The site also features a blog with articles on topics like bath vs. shower, and the history of mandarins.

Financially, Soapyard Ltd shows some concerning trends. Current assets dropped by 2.4% to £6,100, while net assets declined by 16% to -£6,300. Bank borrowings increased by a significant amount, reaching £12,000, and cash reserves fell 98% to just £1. Creditors decreased slightly by 9.7% to £12,000, suggesting better debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the sharp equity drop raises questions. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, Soapyard Ltd appears to be a small, niche business facing financial challenges. While its e-commerce site and product range seem well-developed, the declining equity and low cash reserves suggest it’s burning through money. It’s a small company, but the future looks uncertain.

Registered in England/Wales under the registration number 12271821, with a registered address at WC2H 9JQ, United Kingdom, London, 71-75 Shelton Street, Covent Garden.

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