Halkin Management Company Ltd

Halkin Management Company Ltd, based in London, UK, is a holding company with an active status, having been established ten years ago in 2014. The company employs 37 people and manages assets totaling £6,123,379. It boasts a real address and is overseen by four directors and two owners. A stellar 5.0 Google rating from seven reviews reflects positive customer experiences. Regular imports of furniture, lighting, and prefabricated buildings—spanning 13 months with the most recent in August 2024—are a key part of its operations.

Halkin Management Company Ltd operates a network of flexible office spaces and co-working locations across London and Hertfordshire. Its website showcases a range of services, including private offices, coworking spaces, meeting rooms, and virtual addresses. The company doesn't appear to be an e-commerce business; instead, it functions as a provider of workspace solutions, offering a variety of membership options and catering to businesses seeking collaborative environments. Locations are strategically situated in key areas like the City of London, Mayfair, and Watford, each offering unique amenities and transport links.

Financially, Halkin Management Company Ltd presents a mixed picture. While current assets increased by 19%, bank borrowings have decreased significantly, with a 60% reduction in borrowings between two and five years. However, deferred tax liabilities have increased substantially, jumping by 400% to £400,000. Creditors have also risen by 52%, reaching £4.3 million, which could indicate increased reliance on short-term financing. The company's net assets have declined by 150%, a significant drop that warrants closer scrutiny. Simpson Wreford & Partners conducted the audit, and the financial statements are consolidated.

The company's growth in assets and the reduction in bank borrowings suggest a period of stability, but the increased deferred tax liabilities and rising creditors indicate potential financial pressures. The management of real estate on a fee or contract basis is a competitive industry, and Halkin’s ability to maintain profitability will depend on its ability to attract and retain tenants in a dynamic market.

Registered in England/Wales under the registration number 09301320, with a registered address at EC3R 6AF, England, London, 10 Lower Thames Street 4th Floor, 10 Lower Thames Street.

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