Hydair Limited

Hydair Ltd, based in Leatherhead, UK, is a small holding company with an active status, established eight years ago. Employing ten individuals and holding assets of £4,809,848, it operates from a virtual address – a point of note as twenty-nine companies are registered at the same location. The company is led by one director and one owner, though the owner list was updated nine months ago. Hydair Ltd functions as an irregular importer and exporter, specializing in machinery, boilers, and mechanical appliances, with import activity spanning two months (last recorded in November 2022) and export activity covering one month (last recorded in September 2021). It operates within the "other business support service activities n.e.c." industry.

The company’s website is currently unavailable, making it difficult to ascertain the specifics of its operations beyond the import/export activities. It’s unclear if Hydair Ltd operates an e-commerce platform or primarily engages in business-to-business transactions.

Financially, Hydair Ltd presents a mixed picture. Accumulated depreciation for computer equipment remained stable, but furniture fittings saw a 20% increase, and motor vehicles experienced a 22% decrease. Amounts owed to group undertakings dropped significantly by 37%, while bank borrowings were reduced by 21%. Creditors increased by 16%, and current assets rose by 18%. The company’s net assets increased by 51%, and cash reserves decreased by 19%. While the company meets the criteria to be considered small (turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees), the decrease in cash reserves and the increase in bank borrowings suggest a potential need for careful financial management. The lack of an auditor mentioned is consistent with its status as a small company. The company's financial statements were audited by SCC Chartered Accountants Ltd. The increase in trade debtors by 27% could indicate an expansion of credit terms or delayed customer payments.

Registered in England/Wales under the registration number 10290524, with a registered address at KT22 8JB, England, Leatherhead, Thorncroft Manor, Thorncroft Drive.

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