Hpr Rov Ltd

Hpr Rov Ltd, based in Aberdeen, UK, is a small holding company with an active status, established eleven years ago in 2014. The company employs six people and operates from a virtual address, registered at Neo House, Riverside Drive – a location shared by thirty-six other companies. It's led by a single director, Gray Steven Christie, and owned by Subtron Group Ltd. The company’s primary function is renting and leasing of machinery, equipment, and tangible goods.

While the company doesn't appear to be a large operation, it specializes in micro ROV inspection services for the offshore oil, gas, and renewables industries. Its website details a range of services, including ultrasound inspections, leak detection, and cleaning, utilizing specialized ROV systems. The company emphasizes bespoke, cost-effective solutions and a highly skilled team, catering to clients needing access to underwater locations. They even developed a bespoke gas sampling unit.

Financially, Hpr Rov Ltd presents a mixed picture. Creditors increased significantly by 95%, reaching £210,000, while debtors more than doubled, hitting £260,000. Cash reserves, however, saw a 10% increase, settling at £90,000. The company’s net assets grew by 9.9% to £380,000, but depreciation on property and equipment increased by 30%, suggesting ongoing investment in its ROV fleet. The company meets the criteria for a small business, with turnover below £10.2 million and assets under £5.1 million. As a small company, it's exempt from an audit, so the figures are unaudited. The increase in creditors, while concerning, could reflect expanded business activity and delayed payments. It’s possible the company is experiencing some cash flow challenges, but the growth in debtors suggests they are also expanding their customer base.

Registered in Scotland under the registration number SC475560, with a registered address at AB11 7LH, Scotland, Aberdeen, Neo House, Riverside Drive.

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