Fluid Power Components Limited

Fluid Power Components Ltd, based in Havant, UK, is a small, active company established 28 years ago. With three employees and £274,372 in assets, it operates from a real address and is overseen by two directors and one owner. The company regularly imports machinery, boilers, and mechanical appliances – parts, with the latest import activity occurring in January 2024.

The company functions as an agent involved in the sale of machinery, industrial equipment, ships, and aircraft. Its website is non-existent, which is not unusual for a small business focused on B2B sales rather than direct consumer engagement.

Financially, Fluid Power Components Ltd shows a mixed picture. Current assets have increased by 20%, reaching £270,000, while bank borrowings have risen by 29%, reaching £140,000. Creditors have also increased significantly, by 33%, reaching £120,000, which could be related to increased inventory or supplier credit. Trade debtors have ballooned by 87%, reaching £92,000 – this could be a sign of delayed payments from customers, or perhaps a strategic move to offer more generous credit terms to secure larger contracts. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the rise in debt should be monitored. No auditor is mentioned, which is typical for a small, exempt company. The company’s equity has increased by 14%, reaching £140,000, which is a positive sign.

Registered in England/Wales under the registration number 03360201, with a registered address at PO9 2NP, Havant, Hampshire, 14 The Oakwood Centre, Downley Road.

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