Hendry Hydraulics Limited

Hendry Hydraulics Ltd from Elgin UK: a large company, active status, founded 49 years ago, employing 99 people, and holding £6,927,843 in assets. Based at a real address, the company is overseen by four directors and owned by a solo founder, who is also the company’s owner. It has a Google rating of 3.0 based on eight reviews. The company regularly imports iron or steel products (102 months) and exports machinery, boilers, and mechanical appliances; parts (158 months).

The company operates in the manufacture of pumps industries, and is a regular importer and exporter. Its website is not available for review.

Financially, Hendry Hydraulics Ltd presents a mixed picture. Current assets have decreased by 1.7% to £6,900,000, while net assets increased by 1.7% to £6,300,000. Bank borrowings have decreased by 26% to £130,000, and cash reserves have increased by 7.2% to £780,000. Staff costs have increased by 2%, and the company’s net assets have increased by 37%. The company’s small size (meeting two of three criteria for turnover over £36 million, assets over £18 million, and more than 250 employees) helps it stay agile. The company’s accounts are audited by Johnston Carmichael LLP.

The increase in staff costs and decrease in bank borrowings could indicate a period of investment and expansion. However, the decrease in deferred tax expense credit could be a cause for concern. The company’s long history and established position in the market suggest a degree of stability, but the fluctuating financial indicators warrant close monitoring.

Registered in Scotland under the registration number SC059511, with a registered address at IV30 6DF, Elgin, 2 Perimeter Road, Pinefield Industrial Estate.

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