Soul Assembly Ltd

Soul Assembly Ltd, based in Leamington Spa, UK, is a small holding company with an active status. Founded five years ago in 2020, it employs 54 people and holds £1,234,512 in assets. The company is led by five directors and has one owner, and boasts a perfect 5.0 Google rating from one review. It’s an irregular importer of electrical machinery and equipment, with its last import operation recorded in December 2022.

The company’s website describes Soul Assembly as a VRXR game studio focused on creating immersive experiences. It highlights recent successes, including the launch of three major titles in 2024: *Just Dance VR*, *Home Invasion*, and *Last Stand*. The site details a journey of growth, starting with 30 employees in 2022 and expanding to over 70, with expectations of exceeding 100. A significant achievement was the launch of *Drop Dead: The Cabin*, a zombie survival experience that became a top 10 bestseller on the Meta Quest store. The website also emphasizes the company’s focus on innovation and its passion for pushing the boundaries of XR gaming.

Financially, Soul Assembly Ltd shows a mixed picture. Current assets have dropped by 25% to £1,200,000, while net assets have increased by 210% to £1,600,000. Bank borrowings have increased by 2,400%, reaching £29,000, and cash reserves fell 92% to just £46,000. Creditors decreased by 17%, suggesting better debt management, but trade debtors increased by 11%. 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. The significant increase in equity, however, could be due to retained earnings or a new investment. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, Soul Assembly Ltd appears to be navigating a period of growth and change, with a strong focus on the emerging XR market. The financial results suggest some challenges, but also opportunities for continued success.

Registered in England/Wales under the registration number 12509624, with a registered address at CV32 4NS, United Kingdom, Leamington Spa, Warwickshire, Regent Square House, Regent Street.

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