Barrelheads Limited

Barrelheads Limited, based in London, UK, is a small, active company founded 11 years ago in 2013. With £1,059,739 in assets and a real registered address, it’s a solo-founded operation managed by a single director and owner, Goelkel Steffen Oliver. The company operates an e-commerce site, Barrelheads, selling fine wine and spirits. It's an irregular importer, with its top import category being Drinks, Alcohol, and Vinegar, totaling 2 months of imports, the last in May 2024. The company is classified under "other business support service activities n.e.c." industries.

The Barrelheads website showcases a curated selection of wines and spirits from around the world, emphasizing quality and discovery. It also features customer support, returns, refunds, shipping, delivery, and about us pages. The website has a clean, modern design, and a search function. It’s clear the company is focused on building a premium online retail experience.

Financially, Barrelheads Limited presents a mixed picture. Current assets increased by 25% to £1,100,000, while net assets decreased by 61% to -£130,000. Cash bank on hand dropped 63% to £11,000. Trade debtors vanished completely, a significant change. Creditors remained stable at £1,200,000. 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 remain flexible. The decrease in equity, however, suggests the company is burning through cash, and the lack of employees (zero reported) hints at a lean operation. No auditor is mentioned, likely due to small company exemptions.

While the e-commerce side appears active and well-designed, the financials reveal some strain. It’s possible the company is reinvesting heavily in its business, but the declining equity warrants close attention. Whether this is typical startup turbulence or a longer-term challenge remains to be seen, but for now, Barrelheads Limited is betting on its curated selection and online presence to sustain its growth.

Registered in England/Wales under the registration number 08674671, with a registered address at SW11 4PX, London, 31 Albert Bridge Road.

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