Sofone Ltd

Sofone Ltd is a small, active company based in Lincoln, UK, founded four years ago in September 2020. It’s a solo founder operation with one director and one owner, operating from a real address. The company is classified as small, meeting two of three conditions: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees. Sofone Ltd operates in the retail sale via mail order houses or via internet, and other information technology service activities.

The company's website, Soldier of Fortune 1 Forums, is a portal dedicated to the classic video game. It's not an e-commerce site in the traditional sense; instead, it functions as a community hub for players, offering forums, downloads, and support resources. The site is heavily focused on discussion and troubleshooting, with numerous threads dedicated to resolving bugs and optimizing gameplay. There’s a clear emphasis on preserving and enhancing the experience for long-time fans. It seems the company’s primary function is maintaining this online community, rather than direct sales.

Financially, Sofone Ltd presents a concerning picture. Net assets have decreased significantly, dropping 34% to -£390,000. This is largely driven by an increase in creditors, which have risen 52% to £290,000. Equity is also down, with retained earnings and accumulated losses showing a similar decline. Cash reserves are non-existent, with a net current assets liability of -£290,000. The lack of employees (zero reported) suggests a very lean operation, but the mounting debts raise questions about its sustainability. The accounts are unaudited and classified as "filleted," meaning they’re simplified and rely on director-reported data. It's likely the company is burning through cash, relying on credit to keep operations running, but it’s hard to say how long this can continue.

Registered in England/Wales under the registration number 12863144, with a registered address at LN5 8DL, United Kingdom, Lincoln, 33 Webb Street.

WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.