Hambleton Bard Limited

Hambleton Bard Ltd from Chesterfield UK is a small, holding company with an active status, celebrating its 50th anniversary this year. Founded in 1975, the company employs 26 people and holds assets valued at £3,415,584. It operates from a real address and is managed by one director and one owner. The business regularly imports plastics and plastic products (107 months) and exports miscellaneous food products (252 months).

The company’s activities seem to center around the manufacture of other food products, and while no website is available to examine, it’s likely they operate a B2B model rather than direct-to-consumer sales.

Financially, Hambleton Bard Ltd shows some concerning trends. While cash reserves increased by a healthy 63% to £720,000, net assets have fallen by 22%, now standing at £1.5 million. This decline is partly attributable to a 11% drop in fixed assets, and a 7.7% decrease in current assets. Bank borrowings have remained stable, but creditors have decreased significantly, suggesting better management of short-term liabilities. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees.

Interestingly, depreciation on plant and machinery has remained constant, despite a slight decrease in the overall value of that asset. The company’s debts to related parties, specifically its parent company, Hambleton Bard International Ltd, have remained consistent, at £2 million. It’s worth noting that the company’s retained earnings and accumulated losses have also decreased, which could be due to reinvestment in the business or other factors. The accounts are unaudited, and no auditor is mentioned, which is common for small companies.

Registered in England/Wales under the registration number 01195326, with a registered address at S41 9RQ, Chesterfield, Derbyshire, Unit 8 Cobnar Wood Close.

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