Hydac Technology Limited

Hydac Technology Ltd, based in Buckinghamshire, UK, is a well-established holding company with an active status, celebrating 48 years in business. Employing 158 people and boasting assets of £18,751,070, the company operates from a virtual address – a detail worth noting as 24 companies share the same address. Four directors and one owner guide the business, which holds a stellar 5.0 Google rating based on five reviews. Hydac is a regular importer and exporter of machinery, boilers, and mechanical appliances; parts, with 849 months of import activity and 561 months of export activity recorded.

The company’s website reveals a broad spectrum of industrial solutions. Hydac isn’s just about hydraulics; it’s a provider of filtration, electronics, and thermal management technologies. The site is structured around product categories—hydraulics, filtration, control technology, and thermal management—each with its own sub-categories and detailed specifications. There's a strong emphasis on industrial applications, with sections dedicated to mobile solutions and fluid engineering. The website is very detailed, and it's clear that Hydac is targeting engineers and technical buyers, offering downloadable CAD files and technical documentation. It's not an e-commerce site in the traditional sense; it's more of a detailed catalog and resource hub for industrial components.

Financially, Hydac Technology Ltd shows a mixed picture. While current assets increased by 4.1% to £19,000,000, net assets rose by 6.4% to £25,000,000. Bank borrowings, however, surged by 2,400%, reaching £29,000, and cash reserves fell 30% to £28,000. Trade debtors decreased by 23%, suggesting better debt management. The company meets two of three criteria to be considered a large company: turnover more than £36 million, balance sheet total more than £18 million, and average number of employees more than 250. There is no auditor mentioned in the report, likely exempt as a large company.

The increase in bank borrowings, despite a rise in current assets, suggests that Hydac may be investing in expansion or managing short-term cash flow needs. The decrease in cash reserves could be a consequence of these investments or a reflection of increased operational expenses. The company’s strong Google rating and detailed website indicate a commitment to customer service and technical expertise, which should help maintain its position in the competitive industrial market.

Registered in England/Wales under the registration number 01261214, with a registered address at HP9 1QL, Buckinghamshire, 55 Station Road, Beaconsfield.

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