Hadron Engineering Limited

Hadron Engineering Ltd from Cheltenham, UK, is a small, family-run business with an active status, celebrating 20 years since its founding. Employing ten people and holding £443,777 in assets, it operates from a virtual address – a detail worth noting as seventy-six companies share the same location. The company is steered by four directors and owned by three individuals. It’s a regular importer of machinery, boilers, and mechanical appliances, with 57 months of import activity recorded, and a regular exporter with 12 months of export activity.

The company’s website reveals a specialist in air blowers and blowing systems, supplying SR Roots Type Blower, Vacuum Pumps, Truck Blowers, and Turbo Blowers. It caters to industries like water treatment, energy, food, and pharmaceuticals, offering services like blower hire sets and system fault finding. The business operates from Vantage Point Business Village in Mitcheldean, Gloucestershire.

Financially, Hadron Engineering Ltd presents a mixed picture. Cash bank on hand has increased significantly by 110%, rising to £13,000, which is a positive sign. However, finance lease liabilities have surged by a massive 510%, reaching £22,000, indicating increased borrowing. Creditors have also decreased by 13%, which is good, but trade debtors have fallen by 14%. 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 increase in finance lease liabilities warrants attention. With no auditor mentioned, the accounts are unaudited, relying on director-reported data. It seems like the company is doing alright, but it’s important to keep an eye on its borrowing levels.

Registered in England/Wales under the registration number 05423915, with a registered address at GL53 0AN, United Kingdom, Cheltenham, Glos, Units 4&5 Rockfield Business Park, Old Station Drive.

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