Hamilton Starline Ltd

Hamilton Starline Ltd is a small, active company registered in London, UK, founded six years ago in May 2018. It employs nine people and holds £58,476 in assets. The company operates from a virtual address—twenty-six other companies are registered at the same location—and is managed by one director and one owner. Hamilton Starline Ltd is an irregular importer, primarily dealing with aluminum and aluminum products, with its last import activity recorded one month ago in April 2024. The company operates in the licensed restaurants industries.

The business’s website is not available, so it’s difficult to determine the specifics of its operations. It seems to focus on providing services within the hospitality sector, though the exact nature of those services is unclear.

Financially, Hamilton Starline Ltd presents a mixed picture. Current assets have decreased by 5.7% to £58,000, while net assets have fallen by 27% to £45,000. Bank borrowings have remained constant at £49,000, and cash reserves have declined by 11% to £28,000. Creditors have increased significantly by 50%, and taxation social security payable has risen by 130%. The company meets two of the three conditions to be considered small: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees. The accounts are unaudited, and no auditor is mentioned. The owner list was changed four months ago, which is a good sign.

Despite the decrease in assets, the company’s status is active. The increase in creditors and taxation liabilities suggests potential cash flow challenges, but the lack of employees and small size may allow for agility. It is unclear whether the company is burning through money, but the financial data indicates a need for careful management.

Registered in England/Wales under the registration number 11391162, with a registered address at NW10 6RE, United Kingdom, London, Greater London, 7 Westmoreland House Cumberland Park, Scrubs Lane.

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