Soken Engineering Limited

Soken Engineering Limited, based in Whitchurch, UK, is a small holding company with an active status, established ten years ago in 2015. Employing just three people, the company holds £621,247 in assets and operates from a real address at the Ardglen Industrial Estate. With four directors and one owner (though this list may not be exhaustive), Soken Engineering is involved in both importing and exporting machinery, boilers, and mechanical appliances, parts. It’s an irregular importer (2 months of imports, last in January 2025) and a regular exporter (38 months of exports, last in February 2025).

The company’s website, while not providing extensive details, indicates a focus on manufacturing other general-purpose machinery. It doesn’t appear to be an e-commerce operation, but rather a business-to-business supplier. The website doesn’s offer much in the way of visual detail, suggesting a more industrial focus.

Financially, Soken Engineering Limited presents a mixed picture. While cash reserves increased by a healthy 110% to £480,000, other key metrics show some concerning trends. Accumulated amortisation impairment for intangible assets rose by 12%, and depreciation impairment for property, plant, and equipment declined significantly, with Plant Machinery decreasing by 94%. Trade debtors decreased by 8.1%, which is good, but total net assets liabilities only increased by 59%. Bank borrowings increased, and total creditors rose by 42%. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the decline in equity warrants closer attention. No auditor is mentioned, which is typical for small companies.

Overall, Soken Engineering Limited appears to be navigating a period of change. While cash flow is strong, the decrease in equity and increases in liabilities suggest a need to carefully manage expenses and maintain a focus on profitability.

Registered in England/Wales under the registration number 09458717, with a registered address at RG28 7BB, England, Whitchurch, Hampshire, 9-10 Ardglen Industrial Estate Ardglen Road.

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