Wee Island Ltd

Wee Island Ltd is a small, active company based in Edinburgh, UK, founded nine years ago in 2015. With just six employees and £10,149 in assets, it operates from a virtual address shared by over sixty other companies, raising some questions. The company has two directors and one owner, Wu Hsiao-ting, and runs an e-commerce site selling dairy products and ice cream. It’s an irregular importer, having imported goods for just one month, with the last import operation occurring way back in 2017.

The company’s website, Wee Isle Dairy, tells the story of a family business started by Don and Emma Dennis on Tarbert Farm, a dairy farm on the Isle of Gigha, Scotland. They sell their own milk, ice cream, and sauces, and even run a small cafe on the island. The website highlights the farm's heritage, artisan production methods, and commitment to quality—a classic story of rural entrepreneurship. The site also shows a range of dessert sauces and a message for the merchant, which seems a bit out of place.

Financially, Wee Island Ltd presents a mixed picture. While the company is small, meeting two of three criteria for a small company, its equity has plummeted 23% to -£220,000, and current assets have decreased by 26% to £10,000. Bank borrowings have increased significantly, and cash reserves have fallen 70% to just £1,500. Creditors have also risen, suggesting potential cash flow issues. The lack of employees (six reported) and the absence of an auditor (likely exempt as a small company) mean the figures are unaudited.

In short, Wee Island Ltd is facing financial headwinds despite its charming story and commitment to local produce. The sharp decline in equity raises concerns, but the company’s focus on niche products and direct-to-consumer sales could provide a path to recovery—though it will need to manage its cash flow carefully.

Registered in Scotland under the registration number SC517892, with a registered address at EH9 1JT, United Kingdom, Edinburgh, 41 Argyle Place.

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