From Tiree Ltd

From Tiree Ltd is a small, active company based in Coventry, UK, founded six years ago in June 31, 2018. The company employs just two people and holds £4,264 in assets. It operates from a virtual address, registered at a location shared by 926 other companies, and is led by two directors, with Bouman Yvonne as the sole owner. The company’s main business is manufacturing wearing apparel and accessories, sports goods, and retail sales via mail order and internet.

The company’s website, WELAN, showcases a range of sustainable wool hats and beanies made on the Isle of Tiree, Scotland. It emphasizes ethical, local, and lasting products, targeting environmentally conscious consumers. The website features a range of woolly hats and beanies, with prices ranging from £39 to £200, and highlights the company’s commitment to supporting local sheep farmers and preserving traditional Scottish craftsmanship.

Financially, From Tiree Ltd appears to be struggling. Current assets have fallen by 22% to £4,300, while net assets have plummeted 20% to -£12,000. Cash reserves have also declined significantly, falling 22% to £4,300. Bank borrowings remain steady at £10,000. Creditors have increased by 3%, reaching £18,000. The lack of employees (just two reported) keeps overhead low, but the declining equity raises concerns. The company’s small size (meeting two of three conditions for a small company) allows it to remain agile, but the negative equity suggests it’s burning through cash. As a small company, it is exempt from an audit, so the financial statements are unaudited.

Registered in England/Wales under the registration number 11409139, with a registered address at CV1 2NT, England, Coventry, Union House, 111 New Union Street.

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