Social Freak Ltd

Social Freak Ltd from Bury St. Edmunds UK is a small, active company founded two years ago. It’s a solo venture with one employee and boasts £82,869 in assets, though its registration address is likely virtual, shared by over 2000 other companies. The company is led by a single director and owner, Askew Luke John.

Social Freak Ltd operates across several industries, including retail sale via mail order, software development, IT consultancy, and other IT services. Its website, while not a direct e-commerce platform, appears to be a tribute site dedicated to Spanish golfer Jon Rahm, detailing his career and achievements. This suggests a diversification of interests beyond its core business activities.

Financially, Social Freak Ltd’s situation seems stable, but not booming. Cash bank on hand remains steady at £83,000, but accrued liabilities have stayed at £1,500. The company’s net assets are £32,000, and its current assets are £83,000. However, corporation tax payable is a significant £24,000. Creditors are at £52,000, and property plant equipment is valued at £1,000. The company is classified as small, meeting two of three conditions: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. There’s no mention of an auditor, which is common for small, exempt companies. The accounts are described as “filleted” and unaudited.

While the company’s financial figures don’t indicate a crisis, the relatively high tax liability and reliance on cash reserves suggest it’s not aggressively expanding. The unusual combination of a software company and a golf tribute site raises questions about the company’s long-term strategy, but it seems to be holding its own for now.

Registered in England/Wales under the registration number 14659411, with a registered address at IP28 7DE, England, Bury St. Edmunds, Unit 82a James Carter Road, Mildenhall.

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