Handarte Ltd

Handarte Ltd is a small, active company registered in London, UK, founded just one year ago. Employing a single individual, it operates from a real address and is overseen by one director and owner. The company’s financial situation, however, paints a mixed picture.

While Handarte Ltd operates in several industries—non-specialised wholesale trade, retail via mail order, management consultancy, and retail in non-specialised stores—its website, handartetabanlik.com, reveals a core focus on orthopaedic insoles and accessories. The site showcases a wide range of insoles designed for various foot conditions, including flat feet and heel spurs, and caters to diverse professions and activities. It even offers custom-made insoles and bulk discounts for corporate clients. The site’s design is visually appealing, with a focus on product photography and customer testimonials, and features a blog with articles on foot health and safety.

Financially, Handarte Ltd’s situation is concerning. The company’s net assets are a negative £4,400, indicating it owes more than it owns. Cash reserves are a meagre £-6, and bank borrowings are £3,600. Creditors have remained steady at £3,600, but the significant loss of equity suggests the business is burning through cash. The company's small size—meeting two of three conditions for being classified as small—helps it remain agile, but the negative equity is a cause for concern. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

The website suggests a focus on direct-to-consumer sales through its online store, but the financial data reveals a company struggling to maintain a healthy balance sheet. Whether Handarte Ltd can turn its online presence into sustainable profitability remains to be seen.

Registered in England/Wales under the registration number 15080991, with a registered address at N15 5EA, United Kingdom, London, England, Unit 135 151 West Green Road, Seven Sisters.

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