Castle Hydraulics And Pneumatics Limited

Castle Hydraulics And Pneumatics Limited, based in Warwick, UK, is a small, active company founded 34 years ago. With seven employees and £865,304 in assets, it’s a well-established operation. The company, owned by Harbidge Clive Michael, has two directors and a solid 4.0 Google rating from 23 reviews. It’s a regular importer, specializing in iron or steel products, with recent activity recorded in November 2024.

The company’s website, though not detailed, reveals a focus on the manufacture of fluid power equipment, serving commercial and industrial customers. It’s a small business, meeting two of three criteria for size: turnover under £10.2 million and assets under £5.1 million, and employing fewer than 50 people.

Financial data paints a mixed picture. While cash reserves decreased by 18% to £360,000, creditors saw a significant drop of 38% to £100,000, suggesting improved debt management. However, the company’s net assets decreased by 6.9% to £770,000, and accumulated depreciation increased by 100%, which could indicate investment in equipment. Interestingly, future minimum lease payments are up 69%, which could be a sign of expansion or new contracts. The company is exempt from an audit, so the figures are unaudited.

It’s clear that Castle Hydraulics And Pneumatics Limited is a stable, long-standing business, but the financial trends suggest it may be facing some challenges—perhaps related to rising costs or increased competition. The company's focus on a niche market and its experienced leadership should help it navigate these pressures, but a closer look at its operational efficiency would be beneficial.

Registered in England/Wales under the registration number 02584848, with a registered address at CV34 5WE, Warwick, Unit 3 Amherst Business Centre, Budbrooke Road Idustrial Estate.

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