Fluid Power Solutions Ltd

Fluid Power Solutions Ltd, based in Doncaster, UK, is a small, family-run business with an active status. Founded 21 years ago in 3003, the company employs just three people and holds £163,661 in assets. It operates from a real address and is managed by four directors and two owners, boasting a respectable Google rating of 4.0 from five reviews. The company regularly imports machinery, boilers, and mechanical appliances, with 26 months of import activity recorded.

The company’s website reveals a focus on hydraulic engineering services. It offers a wide range of services, from design and manufacture to installation, repair, and oil analysis. It also sells filtration systems, power packs, flushing rigs, and products from various brands like Dynaset, CarDev, Millers Oils, MP Filtri, and Stauff. The website is well-organized, with clear navigation and a dedicated “Store” section, indicating a potential for online sales, although it’s not a primary focus.

Financially, Fluid Power Solutions Ltd presents a mixed picture. Current assets have fallen by 28%, dropping to £160,000, while net assets increased by 4.7% to £140,000. Cash reserves have improved significantly, rising by 260% to £91,000, which is a positive sign. However, debtors have plummeted by a substantial 81%, indicating potential issues with collecting payments from customers. Creditors have also decreased by 30%, which could be a result of better debt management. 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 flexible, but the decrease in debtors is something to keep an eye on. As a small company, it's exempt from an audit, so the figures are unaudited.

Overall, Fluid Power Solutions Ltd appears to be navigating a period of change. The increase in cash reserves is encouraging, but the decline in debtors suggests a need for closer attention to payment collection. The company's focus on hydraulic engineering services and its family-run nature provide a solid foundation for future growth, although some of the numbers are a little concerning.

Registered in England/Wales under the registration number 04958573, with a registered address at DN9 3RJ, England, Doncaster, South Yorkshire, Unit 1 Avro Park First Avenue, Auckley.

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