Hmd Seal/less Pumps Limited

Hmd Seal Less Pumps Ltd, based in Eastbourne, UK, is a substantial company with a history stretching back 78 years. Holding company status and an active status, it employs 106 people and manages assets totaling £11,682,388. With four directors and one owner, and a stellar 5.0 Google rating based on 11 reviews, the company has a solid reputation. It regularly imports and exports machinery, boilers, and mechanical appliances, parts, with 209 months of import activity and 653 months of export activity recorded.

The company’s operations center around the treatment and coating of metals, the manufacture of compressors, and the manufacture of pumps for the petrochemical, chemical, and pharmaceutical industries. It’s a well-established player in its field, and the longevity of the business suggests a degree of stability. The website, while not explicitly e-commerce focused, highlights the company’s expertise in seal-less pump technology and its global reach, with subsidiaries and branches spanning continents.

Financially, Hmd Seal Less Pumps Ltd presents a mixed picture. While current assets remain substantial at £12 million, there’s been a noticeable decrease in cash bank on hand, dropping by 28% to £1.9 million. Dividend income from group undertakings has fallen dramatically, decreasing by 65% to £15 million. Bank borrowings have increased, and director remuneration has risen by 31%, reaching £860,000. A significant drop in deferred tax expense credit, falling by 48%, also warrants attention. The company’s net assets have remained stable, but the decrease in cash reserves and the rise in bank borrowings suggest a need for careful financial management. The company is audited by HJS Accountants Limited.

Despite these challenges, the company’s long history, global presence, and strong Google rating indicate resilience. The decrease in cash reserves could be due to investments in growth or operational expenses, but it’s something to monitor closely. The company's large number of employees and substantial assets show that it is a significant player in its industry.

Registered in England/Wales under the registration number 00423114, with a registered address at BN22 9AN, Eastbourne, Sussex, Marshall Road, Hampden Park.

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