Euro Hydraulics Scotland Limited

Euro Hydraulics Scotland Limited, based in Coatbridge, UK, is a small, holding company with an active status. Founded 24 years ago in 2000, the company employs seven people and holds £699,721 in assets. It has three directors and one owner, and boasts a perfect 5.0 Google rating from twelve reviews. The company is an irregular importer of iron or steel products, with its last import activity occurring one month ago in March 2022.

Euro Hydraulics specializes in being a distributor of hydraulic components, particularly hydraulic hose and fittings. Their website highlights a focus on quality and knowledgeable staff, encouraging customers to reach out. The company operates from a real address within the Shawhead Industrial Estate and offers a wide range of products, including industrial hose, fittings, valves, and pneumatic equipment. They also offer services like hydraulic oil regulation and quick release couplings.

Financially, Euro Hydraulics shows a mixed picture. Current assets have increased by a significant 44% to £700,000, while cash reserves have surged an impressive 180% to £360,000. However, accrued liabilities have decreased slightly by 8.8% to £24,000. Trade debtors have fallen by 11%, and creditors have dropped by a substantial 36%. Net assets have increased by 170% to £440,000, suggesting a strengthening financial position. Bank borrowings have risen by 23% to £20,000. The company’s small size—meeting two of three criteria for being a small company—allows for agility, but the fluctuating creditor and debtor figures warrant monitoring. As a small company, it is exempt from an audit, and the figures are unaudited.

Registered in Scotland under the registration number SC212241, with a registered address at ML5 4XD, Scotland, Coatbridge, Unit 4 7 Hagmill Road, Shawhead Industrial Estate.

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