Tonghouk Limited

Tonghouk Limited, based in New Malden, UK, is a small, active company founded ten years ago in 2015. Employing 21 people and holding assets of £836,970, it operates from a real address and is led by a solo founder and director, Kim Kiyoung. The company has a perfect 5.0 Google rating based on one review and regularly imports meat and edible meat offal—23 months of import activity recorded, the latest in February 2025.

The company’s primary activity is retail sale of meat and meat products in specialised stores. While the Companies House profile doesn’s offer much detail, the site suggests a focus on wholesale meat supply. The address is real, with only one other company registered there.

Financially, Tonghouk Limited shows some concerning trends. Accumulated depreciation on plant and machinery increased by 31%, while vehicle depreciation jumped a whopping 140%. Average employee numbers soared by 90%, reaching 40—a significant increase. Bank borrowings decreased by 29%, and cash reserves grew a healthy 160%, to £220,000. However, creditors increased by 41% to £220,000, and trade debtors rose by 5.3% to £390,000. Equity grew by 39% to £890,000, but net losses deepened. The company meets two of three criteria to be considered small, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. No auditor is mentioned, so the figures are unaudited.

Overall, Tonghouk Limited appears to be growing, but the increase in creditors and trade debtors suggests it may be burning through cash to fuel that growth. The surge in employee numbers is notable, and it will be interesting to see if the company can maintain profitability as it expands.

Registered in England/Wales under the registration number 09462500, with a registered address at KT3 4BT, England, New Malden, 71-73 High Street.

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