Heelan' Homestead Ltd

Heelan Homestead Ltd is a small, family-run business based in Ballindalloch, UK, with an active status. Founded six years ago in 4th August 2018, the company holds just £513 in assets, operates a real address, and is managed by two directors and two owners. It’s an e-commerce site selling handmade goods.

The company’s website, heelanhomestead.co.uk, showcases a range of handcrafted items, from floral cards to hand-woven sleeves. It’s run by Erin and Mark Edwards, who describe themselves as a mum, drinker of tea, gardener, baker, and homesteader. The site emphasizes the business's roots in the Scottish Highlands and its commitment to handmade quality—a nice touch. The website also features a blog with updates on their landrover repairs and mushroom growing.

Financially, Heelan Homestead Ltd’s numbers are a bit concerning. Current assets have fallen by 3.6% to £510, and net assets are down 19% to -£1700. Bank borrowings have increased, and cash reserves have decreased significantly. Creditors have also decreased, suggesting better debt management. The company’s small size—meeting two of three conditions for a small company—helps it stay nimble, but the decline in equity is a worrying sign. The company’s accounts are unaudited, and no auditor is mentioned.

Overall, Heelan Homestead Ltd appears to be a small, passionate business facing financial challenges. While its website and handcrafted products show promise, the company needs to address its declining equity to ensure its long-term sustainability.

Registered in Scotland under the registration number SC606525, with a registered address at AB37 9DJ, Scotland, Ballindalloch, Bogarrow Mill, Glenlivet.

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