Sohoframes Limited

Sohoframes Ltd from Ipswich UK: a small, active company established thirteen years ago, employs six people, and holds £1,507,821 in assets. It operates from a virtual address – registered at a location shared by 235 other companies – and is led by four directors, including a solo founder, Durand Christopher. The business runs an e-commerce site and maintains a stellar 5.0 Google rating from 116 reviews. It’s an irregular importer, primarily dealing in machinery, boilers, and mechanical appliances, with recent activity recorded in March 2024.

The company’s website, sohoframes.com, highlights bespoke picture framing services in London, offering a wide range of frames, printing, and mounting options. It caters to both individual clients and commercial businesses, emphasizing quality craftsmanship and a personalized approach. The site even offers 3D renderings and global consultations, showcasing a commitment to customer service and a broader reach. It seems the company has a real passion for picture framing.

Financially, Sohoframes Ltd presents a mixed picture. Cash reserves have grown significantly, jumping 19% to £1,400,000, and net assets have increased by 17% to £1,400,000. However, trade debtors have decreased by 36%, suggesting a potential slowdown in customer payments. Creditors have also risen by 35%, which could be due to increased stock purchases. The company's small size – meeting two of three criteria for being considered small – allows for flexibility, but the rise in creditors warrants a closer look. There’s no auditor mentioned, which is common for small companies. The increase in administration support employees, by 33%, is also interesting – perhaps reflecting increased demand or a desire to improve customer service. It’s a bit of a shame that the company’s depreciation charge for plant machinery has decreased.

Registered in England/Wales under the registration number 07906612, with a registered address at IP3 9FJ, England, Ipswich, Suffolk, C/O Mjb Avanti, Office 12 Epsilon House, West Road.

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