seoul limited
seoul limited Company Information
Company Number
11332995
Next Accounts
Sep 2025
Industry
Agents involved in the sale of machinery, industrial equipment, ships and aircraft
Directors
Shareholders
duo group holdings ltd
mr k. darch
Group Structure
View All
Contact
Registered Address
unit 5 fair oak close, clyst honiton, exeter, EX5 2UX
Website
www.seoulviosys.comseoul limited Estimated Valuation
Pomanda estimates the enterprise value of SEOUL LIMITED at £56.4k based on a Turnover of £181.1k and 0.31x industry multiple (adjusted for size and gross margin).
seoul limited Estimated Valuation
Pomanda estimates the enterprise value of SEOUL LIMITED at £0 based on an EBITDA of £-13.5k and a 3.81x industry multiple (adjusted for size and gross margin).
seoul limited Estimated Valuation
Pomanda estimates the enterprise value of SEOUL LIMITED at £0 based on Net Assets of £-153.7k and 2.09x industry multiple (adjusted for liquidity).
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Seoul Limited Overview
Seoul Limited is a live company located in exeter, EX5 2UX with a Companies House number of 11332995. It operates in the agents involved in the sale of machinery, industrial equipment, ships and aircraft sector, SIC Code 46140. Founded in April 2018, it's largest shareholder is duo group holdings ltd with a 75.5% stake. Seoul Limited is a young, micro sized company, Pomanda has estimated its turnover at £181.1k with declining growth in recent years.
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Seoul Limited Health Check
Pomanda's financial health check has awarded Seoul Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 8 areas for improvement. Company Health Check FAQs
0 Strong
3 Regular
8 Weak
Size
annual sales of £181.1k, make it smaller than the average company (£15.3m)
- Seoul Limited
£15.3m - Industry AVG
Growth
3 year (CAGR) sales growth of -35%, show it is growing at a slower rate (7.7%)
- Seoul Limited
7.7% - Industry AVG
Production
with a gross margin of 27.1%, this company has a comparable cost of product (27.1%)
- Seoul Limited
27.1% - Industry AVG
Profitability
an operating margin of -7.4% make it less profitable than the average company (5.5%)
- Seoul Limited
5.5% - Industry AVG
Employees
with 1 employees, this is below the industry average (31)
1 - Seoul Limited
31 - Industry AVG
Pay Structure
on an average salary of £54.3k, the company has an equivalent pay structure (£54.3k)
- Seoul Limited
£54.3k - Industry AVG
Efficiency
resulting in sales per employee of £181.1k, this is less efficient (£383.5k)
- Seoul Limited
£383.5k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Seoul Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 18 days, this is quicker than average (36 days)
- Seoul Limited
36 days - Industry AVG
Stock Days
it holds stock equivalent to 85 days, this is in line with average (84 days)
- Seoul Limited
84 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (11 weeks)
0 weeks - Seoul Limited
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 316.9%, this is a higher level of debt than the average (61.7%)
316.9% - Seoul Limited
61.7% - Industry AVG
SEOUL LIMITED financials
Seoul Limited's latest turnover from December 2023 is estimated at £181.1 thousand and the company has net assets of -£153.7 thousand. According to their latest financial statements, Seoul Limited has 1 employee and maintains cash reserves of £726 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Jun 2019 | |
|---|---|---|---|---|---|
| Turnover | |||||
| Other Income Or Grants | |||||
| Cost Of Sales | |||||
| Gross Profit | |||||
| Admin Expenses | |||||
| Operating Profit | |||||
| Interest Payable | |||||
| Interest Receivable | |||||
| Pre-Tax Profit | |||||
| Tax | |||||
| Profit After Tax | |||||
| Dividends Paid | |||||
| Retained Profit | |||||
| Employee Costs | |||||
| Number Of Employees | 1 | 1 | 1 | 2 | 2 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Jun 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 30,760 | 38,660 | 219,757 | 221,335 | 1,334,720 |
| Trade Debtors | 0 | 29,469 | 94,739 | 130,275 | 73,809 |
| Group Debtors | 0 | 0 | 0 | 0 | 54,000 |
| Misc Debtors | 39,401 | 50,631 | 296,223 | 76,548 | 7,835 |
| Cash | 726 | 18,626 | 20,790 | 7,214 | 1,940 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 70,887 | 137,386 | 631,509 | 435,372 | 1,472,304 |
| total assets | 70,887 | 137,386 | 631,509 | 435,372 | 1,472,304 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 6,783 | 1,958 | 0 | 40,435 | 836,129 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 625,421 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 72,077 | 136,494 | 0 |
| other current liabilities | 217,828 | 276,176 | 578,070 | 271,134 | 38,192 |
| total current liabilities | 224,611 | 278,134 | 650,147 | 448,063 | 1,499,742 |
| loans | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 224,611 | 278,134 | 650,147 | 448,063 | 1,499,742 |
| net assets | -153,724 | -140,748 | -18,638 | -12,691 | -27,438 |
| total shareholders funds | -153,724 | -140,748 | -18,638 | -12,691 | -27,438 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Jun 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||
| Stock | -7,900 | -181,097 | -1,578 | -1,113,385 | 1,334,720 |
| Debtors | -40,699 | -310,862 | 184,139 | 71,179 | 135,644 |
| Creditors | 4,825 | 1,958 | -40,435 | -795,694 | 836,129 |
| Accruals and Deferred Income | -58,348 | -301,894 | 306,936 | 232,942 | 38,192 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | -625,421 | 625,421 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | -72,077 | -64,417 | 136,494 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | -17,900 | -2,164 | 13,576 | 5,274 | 1,940 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | -17,900 | -2,164 | 13,576 | 5,274 | 1,940 |
seoul limited Credit Report and Business Information
Seoul Limited Competitor Analysis
Perform a competitor analysis for seoul limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in EX5 area or any other competitors across 12 key performance metrics.
seoul limited Ownership
SEOUL LIMITED group structure
Seoul Limited has no subsidiary companies.
seoul limited directors
Seoul Limited currently has 1 director, Mr Simon Hall serving since Jun 2020.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Simon Hall | England | 58 years | Jun 2020 | - | Director |
P&L
December 2023turnover
181.1k
-2%
operating profit
-13.5k
0%
gross margin
27.1%
+6.61%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-153.7k
+0.09%
total assets
70.9k
-0.48%
cash
726
-0.96%
net assets
Total assets minus all liabilities
Similar Companies
seoul limited company details
company number
11332995
Type
Private limited with Share Capital
industry
46140 - Agents involved in the sale of machinery, industrial equipment, ships and aircraft
incorporation date
April 2018
age
6
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
N/A
accountant
THORNTON SPRINGER LLP
auditor
-
address
unit 5 fair oak close, clyst honiton, exeter, EX5 2UX
Bank
-
Legal Advisor
-
seoul limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We did not find charges/mortgages relating to seoul limited.
seoul limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
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seoul limited Companies House Filings - See Documents
| date | description | view/download |
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