Euro Hydraulics Limited

Euro Hydraulics Ltd, based in Smallthorne, Stoke-On-Trent, UK, is a small, family-run business with an active status. Founded 45 years ago by a solo founder, it employs seven people and holds £510,696 in assets. The company is led by three directors and owned by two individuals, Walter and Jacqueline Wood. It operates from a real address and is a regular importer of iron or steel products, with recent activity recorded in February 2024.

The company’s website highlights its role as a supplier of hydraulic fittings, hoses, and components, catering to industries like construction and manufacturing. It offers a wide range of products, including hydraulic hose fittings, lubricants, and quick-release couplings. The website also mentions a history of winning distributorships and expanding operations over the years. The business operates from a dedicated industrial estate in Ashton Under Lyne, Lancashire, and offers customers a catalogue request form.

Financially, Euro Hydraulics Ltd presents a mixed picture. Current assets decreased by 9.2% to £510,000, while net assets remained stable at £360,000. Cash reserves fell 14% to £280,000, and trade debtors dropped significantly by 32% to £72,000. Creditors also decreased by 19% to £190,000. 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 decrease in cash reserves could indicate tighter margins. With no auditor mentioned, the figures are unaudited. The company’s depreciation on motor vehicles increased by 20%, suggesting investment in its fleet, but a significant increase in provisions for liabilities suggests potential future obligations.

Registered in England/Wales under the registration number 01477647, with a registered address at ST6 1LB, Smallthorne Stoke On Trent, Staffordshire, Saint Marys Works, Brierley Street.

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