Wild Hearth Bakery Limited
- Small
- Active
- 8 years
- 24 employees
- £146,563 (assets)
- Virtual address
- 3 directors
- 1 owner
- Irregular importer
- Solo founder
- E-commerce
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Wild Hearth Bakery Ltd from Crieff, UK, is a small, active company founded eight years ago. With twenty-four employees and £146,563 in assets, it operates from a virtual address, a fact that's a little unusual given thirteen other companies are registered at the same location. The company, owned and run by a solo founder, Castley John Joseph, has three directors, and is a sole trader. It runs an e-commerce site and is known for its sourdough bread, with a focus on community deliveries, farmers markets, and wholesale supply to shops and restaurants. It's also an irregular importer, bringing in electrical machinery and equipment for short periods, the last import being in April 2024.
The Wild Hearth Bakery website highlights its commitment to quality and local sourcing, with a focus on retail sales, wholesale accounts, and a new shop in Comrie. They even have a community bread coop delivery service reaching as far as Edinburgh and Aberdeen. The site also promotes their success at the Scottish Bread Championships and features testimonials from satisfied customers, like Hamish Thomson, Head of Operations, who praises the bakery's exceptional sourdough. They have a farmers market schedule and encourage visitors to sign up for their newsletter.
Financially, Wild Hearth Bakery Ltd has seen some fluctuations. While net assets increased by 39% to £270,000, cash reserves have decreased by 35% to £79,000. Bank borrowings and overdrafts have increased significantly, rising by 110% to £52,000, and creditors have also risen, increasing by 400% to £120,000. On a positive note, cash bank on hand has decreased by 35%, but the company’s small size (meeting two of three conditions for being a small company) allows it to remain agile. The company is exempt from an audit, so the financial statements are unaudited.
The company's financials suggest a period of growth and investment, but also increased financial pressure. The rise in borrowings could be linked to expansion efforts, but the decline in cash reserves warrants close monitoring. The company’s focus on local sourcing and community engagement, however, positions it well for continued success, and the bakery’s unique sourdough offering sets it apart in a competitive market.
Registered in Scotland under the registration number SC543706, with a registered address at PH7 4AX, Scotland, Crieff, Perth And Kinross, 42 Comrie Street.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 8 years
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- 1 year
-
Resident of United Kingdom
-
Individual
- 8 years
-
Resident of United Kingdom
-
Individual
- 8 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted ten months ago.
Last news
-
Total exemption full accounts made up to 2023-12-31Download 10 pages pdf report
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Confirmation statement made on 2024-08-24 with no updatesDownload 3 pages pdf report
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Appointment of Ms Caroline Anne Rogers as a director on 2024-01-31Download 2 pages pdf report
Importer profile by HS codes
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Last imported products
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