Hydex Limited

Hydex Ltd, based in Wrexham, UK, is a small, active company established 17 years ago. With just two employees and £41,536 in assets, it’s a modest operation overseen by three directors and a single owner, Williams Marc. The company, founded on July 23, 2007, operates from a real address and is classified as an irregular importer, specializing in optical and medical tools and devices—with just one month of imports recorded in December 2023.

Hydex Solutions Mining Construction Support Equipment, as their website states, is a global leader in custom mining and construction support equipment. They design, develop, and deliver equipment, including articulated chassis equipment, water tanks, and hooklifts, catering to industries like forestry, mining, and construction. Their process emphasizes design, development, delivery, and dependability, with a focus on custom solutions and high-quality standards. They even have a mailing list for updates.

Financially, Hydex Ltd presents a mixed picture. While cash bank on hand increased by a remarkable 88% to £22,000, current assets only grew by 28% to £42,000. However, equity plummeted 72% to a low £5,800, and net assets dropped significantly to £5,800. Creditors increased substantially by 62% to £50,000, and trade debtors decreased by 7.4% to £19,000. The company’s small size (meeting two of three conditions for a small company) allows for agility, but the decline in equity is concerning. The company is exempt from an audit, and the accounts are unaudited.

The sharp decrease in equity and increase in creditors suggests Hydex Ltd may be facing financial pressures, despite the increase in cash reserves. It’s possible the company is investing in growth or dealing with temporary setbacks—but close monitoring of its financial health will be necessary.

Registered in England/Wales under the registration number 06321432, with a registered address at LL12 8TG, Wales, Wrexham, Wrexham, 6 The Spinney, Marford.

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