Hamblin Developments Ltd

Hamblin Developments Ltd, based in Stamford, UK, is a small, active company founded seven years ago. With three employees and £30,732 in assets, it’s a solo-founded operation led by a single director and owner. The company is registered at a real address, and its status is active. It operates in the sale, maintenance, and repair of motorcycles and related parts and accessories. It's an irregular importer, primarily bringing in vehicles, parts, and accessories (excluding trains and trams), with the last import operation recorded one month ago in September 2022.

The company's website is unavailable, making it difficult to ascertain its exact operations. However, its business description suggests a focus on motorcycle-related services and retail. It's unclear if it operates an e-commerce site or primarily serves local customers.

Financially, Hamblin Developments Ltd presents a mixed picture. Accumulated depreciation for computer equipment increased by 9.6%, while furniture fittings saw a more substantial 35% rise. Bank borrowings have increased significantly, jumping 61% for current instruments and a staggering 43% for non-financial instruments. Cash reserves, however, remain steady at £12,000. Creditors have also increased by 62%, and trade debtors have risen by 57%. Equity has decreased by 55%, and net current assets have fallen by 59%. Despite these challenges, the company’s small size (meeting two of three criteria for a small company) allows for agility. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

Overall, Hamblin Developments Ltd appears to be navigating a period of change. While its asset base has remained relatively stable, the increase in debt and decrease in equity suggest a need for careful financial management. The company's irregular import activity and lack of a visible online presence also raise questions about its long-term sustainability.

Registered in England/Wales under the registration number 10816200, with a registered address at PE9 4AR, England, Stamford, Stamford Self Store, Unit 2 Ryhall Road, Great Casterton.

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