Hydra Evc Ltd

Hydra Evc Ltd from Southend-On-Sea UK: a small, active company founded three years ago, holds £400,824 in assets, and operates from a virtual address. With a single director and owner—a solo founder—it boasts a respectable 4.0 Google rating based on 13 reviews. The company regularly imports electrical machinery and equipment, with five months of import activity recorded.

Hydra Evc Ltd specializes in providing EV charging solutions for domestic, commercial, and public applications. Its website highlights a range of fast AC and rapid DC EV chargers, targeting businesses seeking to futureproof their facilities. They offer free impartial advice on government grant funding, and emphasize exceptional customer service, a user-friendly software platform, and a commitment to providing a first-class operational experience. The company also appears to operate a separate division focused on piano restoration, with a showroom in Harrods, London.

Financially, Hydra Evc Ltd presents a mixed picture. Current assets increased by 56% to £400,000, while net assets soared 250% to £390,000. However, bank borrowings remained constant at £13,000, and cash reserves were unchanged at £23,000. Creditors decreased significantly by 98%, and trade debtors decreased by 93%. The company's small size—meeting two of three criteria for a small company—helps it stay nimble. With no auditor mentioned, the figures are unaudited.

The substantial decrease in creditors suggests improved debt management, but the significant increase in trade debtors could indicate challenges in collecting payments. The company's success will depend on its ability to maintain customer satisfaction and navigate the evolving EV charging market—and to ensure those payments come in.

Registered in England/Wales under the registration number 13604117, with a registered address at SS3 9QE, England, Southend-On-Sea, Essex, 10 Towerfield Road, Shoeburyness.

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