Hampton Yarns Limited

Hampton Yarns Limited, based in Bristol, UK, is a small, active company founded five years ago in 2019. With just one employee and £660 in assets, it operates from a virtual address—a point highlighted by the fact that thirty-seven companies share the same location. The company is led by a single director and owner, Akar Pinar, and maintains a respectable Google rating of 4.0 based on fifteen reviews.

The business focuses on non-specialised wholesale trade and retail sales via mail order and the internet. While details about its online presence are unavailable, its classification suggests a focus on distributing yarn or related textile products. The company’s website, if it exists, likely caters to both retailers and individual crafters.

Financially, Hampton Yarns Limited presents a mixed picture. Current assets have decreased by 15% to £660, while cash reserves have fallen by a significant 82% to just £26. Bank borrowings have been reduced, but creditors have increased substantially by 99% to £6,800. Equity has also declined considerably, dropping 100% to -£5,300. It's a small company, meeting two of three conditions for size: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The sharp decline in equity is concerning, and the low cash reserves suggest the company may be struggling to manage its day-to-day expenses. The lack of an auditor is not unusual for a small company, but it means the financial statements are unaudited.

Overall, Hampton Yarns Limited appears to be navigating a challenging financial period. The company's small size and solo leadership structure may contribute to its agility, but the declining equity and low cash reserves warrant close attention.

Registered in England/Wales under the registration number 12261598, with a registered address at BS8 4HU, United Kingdom, Bristol, Boyce's Building 40-42 Regent Street, Clifton.

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