Hamper Holdings Ltd

Hamper Holdings Ltd, based in Ballynahinch, UK, is a small, active company founded four years ago. With six employees and £71,718 in assets, it operates from a real address and is overseen by three directors and owners. The company is an irregular importer, primarily dealing with paper and paperboard products, with just two months of import activity recorded as far back as October 2020.

The company's website, Comet Packaging, showcases a diverse range of custom packaging solutions. It's an e-commerce business, offering everything from printed tubes and boxes to mailing bags and tissue paper. They cater to a wide range of industries, including cosmetics, candles, and food, emphasizing bespoke designs and luxury finishes. The site also highlights a commitment to eco-friendly materials and offers wholesale discounts. They even have a network partner, Madly Merch, for custom merchandise.

Financially, Hamper Holdings Ltd presents a mixed picture. Accumulated depreciation increased by 30%, indicating investment in plant and machinery. However, the average number of employees decreased by 17%, suggesting potential cost-cutting measures. Cash bank holdings remained relatively stable, increasing slightly by 0.53%. Creditors rose by 6.3%, and other taxation and social security payable increased by 27%, which could indicate increased operational expenses. A significant drop in equity, with retained earnings decreasing by 35%, is a notable concern. Despite this, trade debtors fell dramatically, suggesting improved cash flow management. The company’s small size (meeting two of three conditions for a small company) allows for flexibility, but the decline in equity warrants closer scrutiny. No auditor is mentioned, consistent with being a small, exempt company.

In summary, Hamper Holdings Ltd seems to be navigating a period of change. While the e-commerce business, Comet Packaging, appears to be thriving with its diverse product range and focus on custom solutions, the financial data suggests potential challenges. The decrease in equity and increase in liabilities could be a sign of a startup burning through money, or it could be a temporary dip related to increased investment.

Registered in Northern Ireland under the registration number NI669843, with a registered address at BT24 7AA, Northern Ireland, Ballynahinch, 28 Main Street, Saintfield.

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