Soho Business Ltd

Soho Business Ltd from London UK: small company, active status, founded 3 years ago, £3,441 assets, real address, 1 director, 1 owner, solo founder. It’s a small business as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The company was incorporated three years ago on May 26, 2021, and registered at NW1 5AX, England, London, 15a Hyde Park Mansions, Cabbell Street. The address is probably real as only one company registered at the same address. Officially, it has one owner or PSCs, one director and no number of employees published.

While the company operates in the retail sale in commercial art galleries, the retail sale via stalls and markets of other goods, the retail sale via mail order houses or via internet, and the artistic creation industries, there's no website to analyze. It's difficult to determine if the business is primarily e-commerce, but the range of activities suggests a blend of online and offline sales.

Financially, Soho Business Ltd presents a picture of a very small operation. Current assets are a modest £3,400, and net assets are just £300. Bank cash is a steady £1,600. Creditors are at £3,100, and trade debtors are zero. 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 low net assets raise questions. The accounts are unaudited and have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime. There were no material departures from that standard. The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. It's a bit concerning that the company has net losses, but it's typical for a young business.

Registered in England/Wales under the registration number 13422772, with a registered address at NW1 5AX, England, London, 15a Hyde Park Mansions, Cabbell Street.

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