Hampson Composites Limited

Hampson Composites Ltd from Bolton UK: a small, holding company with an active status, was founded 25 years ago. It employs 14 people and holds £589,428 in assets. With six directors and one owner, the company operates from a real address shared by eight other businesses. It’s an irregular importer of plastics and plastic products (just one month of imports recorded in 2022) but a regular exporter of machinery, boilers, and mechanical appliances (five months of exports, last in February 2025).

The company’s website, Hampson Composites, focuses on the manufacture of other plastic products. It’s not clear if the site is used for e-commerce, but it does showcase the company’s offerings and expertise in the field.

Financially, Hampson Composites Ltd shows a mixed picture. Current assets have decreased by 2.4% to £590,000, while net assets have fallen by 9.5% to £550,000. Bank borrowings have decreased by 32%, and cash reserves have plummeted 85% to just £30,000. Trade debtors have increased by 23%, suggesting potential issues with customer payments. Creditors have also increased by 8.1%, and provisions for liabilities have risen by 29%. The company's small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the significant drop in cash reserves is concerning. As a small company, it’s exempt from an audit, so the figures are unaudited.

The company’s reliance on exporting machinery may be a strength, but the decrease in cash reserves suggests it’s burning through money. It would be good to see a turnaround in this area.

Registered in England/Wales under the registration number 03950088, with a registered address at BL1 3AH, Bolton, Kevan Pilling House, 1 Myrtle Street.

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