Sojack Limited

Sojack Limited is a small, active company based in Southampton, UK, founded five years ago in 2019. With a single employee and £709,364 in assets, it operates from a virtual address shared by over 500 other businesses – a bit unusual, really. The company is led by a solo founder who also serves as director and owner, Stelfox Carl James. Sojack Limited regularly imports prepared feathers, down, artificial flowers, and human hair products, with the last import activity recorded three months ago in October 2021. It also provides management consultancy services.

The company’s website is minimal, offering little insight beyond its core business. There's no e-commerce presence, suggesting a business-to-business model rather than direct sales to consumers. It seems they're primarily focused on sourcing and supplying goods rather than retail.

Financially, Sojack Limited’s recent performance paints a mixed picture. While current assets increased by 26% to £710,000, equity plummeted 97% to just £2,100 – a significant drop. Bank borrowings remain steady, but creditors have risen sharply by 43% to £680,000. Cash reserves have also decreased by 39% to £700. The company's small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the dramatic equity decline warrants attention. No auditor is mentioned, likely due to the company's exemption as a small entity.

The sudden drop in equity could be due to a variety of factors, such as increased investment in inventory or a change in accounting practices. It's possible that the company is experiencing a period of rapid growth, which has put a strain on its finances. However, the rising creditors suggest a need to manage debt more effectively.

Registered in England/Wales under the registration number 12036225, with a registered address at SO14 3TJ, United Kingdom, Southampton, Hampshire, Tagus House, 9 Ocean Way.

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