Hamilton Erskine Limited

Hamilton Erskine Ltd, based in Newtownards, UK, is a small, family-run business with an active status. Founded 22 years ago in 2003, it employs seven people and holds £958,143 in assets. The company, with three directors and two owners, operates from a real address and maintains a stellar 5.0 Google rating based on four reviews. It's an irregular importer, primarily dealing with optical and medical tools and devices, with its last import operation recorded two months ago in June 2023.

The company’s website, hamiltonerskine.co.uk, describes them as manufacturers and processors of other glass, including technical glassware. While the site is basic, it suggests a focus on bespoke glass solutions and technical expertise. It’s unclear if this is directly linked to the import business, but both appear to share a commitment to British craftsmanship.

Financially, Hamilton Erskine Ltd shows a mixed picture. Current assets have increased by 28% to £960,000, while net assets have grown by 35% to £690,000—a positive sign. Bank borrowings have decreased, and cash reserves have increased significantly by 470% to £180,000. Trade debtors have risen by 47% to £430,000, which could indicate expanding sales, but also potential payment delays. Creditors have decreased by 16%, suggesting improved debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows it to remain flexible. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

In short, Hamilton Erskine Ltd appears to be in a healthy position, with growing assets and improved cash flow. The glass manufacturing side seems to be thriving, while the irregular import business adds a layer of complexity.

Registered in Northern Ireland under the registration number NI046252, with a registered address at BT23 6JQ, Newtownards, County Down, 17 Moss Road, Ballygowan.

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