Circuit Hydraulics Limited

Circuit Hydraulics Limited, based in Liverpool, UK, is a small, family-run business with an active status, celebrating 40 years in operation. Founded in 1984, the company employs four people and holds £577,926 in assets. It operates from a virtual address, registered with 86 other companies, and is managed by three directors and two owners. The company runs an e-commerce site and regularly imports iron or steel products (for five months) and exports plastics and plastic products (for seven months).

The company specializes in the manufacturing and distribution of hydraulic and pneumatic components, offering services ranging from design and maintenance to overhaul and repair. Its website highlights a range of products, including hydraulic jacks, REMS tools, and pneumatic components, catering to both retail and industrial clients. The site also offers online shopping, accepting credit card payments via Visa and Mastercard. The company works with a variety of brands and has a physical location in Southport, England.

Financially, Circuit Hydraulics Limited shows a mixed picture. Cash bank on hand increased by a significant 36% to £300,000, which is good news. However, corporation tax payable jumped 120% to £30,000. Debtors decreased by 6.4% to £260,000, suggesting better collection efforts. Creditors increased slightly by 2.2% to £290,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain nimble, but the increase in tax payable and the rise in other creditors could be a cause for concern. With no auditor mentioned, the financial statements are unaudited. It seems the company is holding steady, but it’s important to keep an eye on its financial performance in the coming months.

Registered in England/Wales under the registration number 01819766, with a registered address at L2 9TL, United Kingdom, Liverpool, C/O Dsg, Chartered Accountants Castle Chambers, 43 Castle Street.

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