Hyde Aero Products Limited

Hyde Aero Products Limited, based in Stalybridge, UK, is a holding company with an active status, having operated for 33 years. The company holds assets valued at £16,489,395 and employs 11 directors and one owner, with a stellar 5.0 Google rating from 8 reviews. It’s a regular importer and exporter of aircraft, spacecraft, and their parts, with 5 months of import activity and 13 months of export activity recorded. The company’s registered address is a virtual address, shared by twenty other companies, which is something to keep in mind.

Hyde Aero Products operates within the aerospace, defence, and nuclear sectors, providing design, manufacturing, tooling, and urgent support solutions. Its website showcases a broad range of services, from component manufacture and testing to the design and build of specialized test rigs and vehicles. The company also provides services for nuclear systems, including handling equipment and robotics. It even has a 24/7 urgent operations team for aviation and defence clients.

Financially, Hyde Aero Products shows a mixed picture. While cash bank on hand has plummeted by a staggering 100% to just £190, bank overdrafts have increased by 500% to £500,000. Net assets have increased by 20% to £14,000,000, but net losses have decreased by 80% to £400,000. Trade debtors have decreased by 9%, while creditors have increased by 7%. The company's bank borrowings have decreased by 25%. The company’s net current assets and liabilities have remained steady.

The significant increase in bank overdrafts, coupled with the decrease in cash reserves, suggests the company may be facing short-term liquidity challenges. However, the increase in net assets indicates a stronger overall financial position. The lack of an auditor mentioned is not surprising, given its size and exemption status. It's likely that the company is navigating the complexities of a demanding industry, balancing urgent client needs with financial stability.

Registered in England/Wales under the registration number 02671608, with a registered address at SK15 1QZ, Stalybridge, Cheshire, 185 Stamford House, Stamford Street.

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