The Soju Ltd

The Soju Ltd, based in Wembley, UK, is a small, active holding company established thirteen years ago in November 2011. With twelve employees and £-19,034 in assets, it operates from a real address shared by three other companies. The company is led by one director and owned by two individuals, though the list of owners changed eight months ago.

The Soju Ltd primarily functions as a regular importer, focusing on iron or steel products, with three months of import activity recorded as of December 2021. It also engages in irregular exporting, mainly machinery and mechanical appliances, with one month of export activity as of February 2017. The company’s website reveals a broader operation, encompassing multiple locations—Reading, London, Wembley, and even Malaysia—and operating licensed restaurants under the brand "The Soju." It has branches offering takeaway and delivery services via Deliveroo. The restaurants specialize in authentic Korean barbeque and noodles, with a focus on providing a high-quality dining experience.

Financially, The Soju Ltd presents a mixed picture. Accumulated depreciation on motor vehicles increased by 82%, while plant machinery saw a 60% increase. Cash bank on hand remained steady at -£49,000. Creditors rose by 0.0%, and debtors stayed the same. Equity, however, remained at -£490,000. The company’s small size—meeting two of three conditions for a small company—helps it remain agile, but the negative equity and lack of cash reserves are concerning. The company’s financial statements are unaudited, and no auditor is mentioned. The sharp increase in bank borrowings, meanwhile, suggests a reliance on external funding to support its operations. It's possible that the multiple locations and diverse offerings are stretching the company's resources, although the restaurants' strong online presence indicates a customer base.

Registered in England/Wales under the registration number 07848600, with a registered address at HA9 7UR, England, Wembley, Building A, Unit 4.12-4.14 Wembley Commercial Centre, East Lane.

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