Hercules Propellers Limited

Hercules Propellers Ltd, based in Stroud, UK, is a small, active company established ten years ago in 2015. With five employees and £557,260 in assets, it’s a modest operation led by a single director and owner. The company has a real address and is involved in a somewhat irregular import of optical and medical tools and devices (one month of imports) alongside regular exports of aircraft, spacecraft, and their parts (ten months of exports).

Hercules Propellers specializes in the design, manufacture, and restoration of high-performance propellers, particularly for vintage aircraft like the Spitfire, as well as modern drones and wind tunnels. The company's website highlights its expertise in custom-built computer-controlled machinery and bespoke aerodynamic design software, creating propellers tailored to individual pilot performance requirements. It’s clear they’re targeting a niche market of aviation enthusiasts and professionals.

Financially, Hercules Propellers shows some interesting trends. Accumulated depreciation has increased by 33%, indicating investment in plant and machinery, while additions to property, plant, and equipment have remained consistent. Cash reserves have seen a significant jump, increasing by 110% to £390,000—a positive sign. However, debtors have surged by an astonishing 2,200%, which could suggest difficulties in collecting payments or an expansion of credit terms. Creditors have also increased by 36%, and bank borrowings decreased by 12%, which is good. The company’s small size (meeting two of three criteria for a small company) allows for agility, but the increase in debtors warrants closer monitoring. No auditor is mentioned, likely due to the company's small size and exemption from an audit.

Overall, Hercules Propellers appears to be a thriving business with a unique offering, but the significant increase in debtors could be a potential challenge that needs to be addressed.

Registered in England/Wales under the registration number 09526222, with a registered address at GL5 2SH, England, Stroud, Gloucestershire, Canal Iron Works Hope Mill Lane, London Road, Brimscombe.

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