Hydracrat Limited

Hydracrat Ltd from Motherwell, UK, is a small, active company founded 30 years ago in 1994. With 14 employees and a real address, the business operates under the direction of three directors and one owner, boasting a stellar 5.0 Google rating based on a single review. The company regularly imports machinery, boilers, and mechanical appliances; parts, with seven months of import activity recorded, the latest in January 2025.

Hydracrat Ltd specializes in drilling services for the ground investigation, geothermal, water well, and earthing sectors. The company’s website highlights its expertise in rotary borehole drilling, offering services ranging from ground investigation and geothermal solutions to earthing rod installations and large diameter boreholes. It operates a fleet of specialized drilling rigs, including the renowned HYCAT fleet, designed and maintained in-house. Case studies showcase projects like the Dalquhandy Wind Farm and the M8 M74 M73 Improvement Works, demonstrating its capabilities in diverse environments. The website also features testimonials from satisfied clients like Sweco UK and Gleeds, praising Hydracrat’s performance and professionalism.

Financially, Hydracrat Ltd presents a mixed picture. While cash reserves increased by 12% to £420,000, trade debtors decreased by 50% to £53,000, suggesting potential difficulties in collecting payments. Creditors, however, increased by 17% to £260,000. Bank borrowings surged by 2,400%, reaching £9,900. The company’s small size (meeting two of three conditions for turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees) allows for agility, but the increase in borrowings and decrease in debtors may indicate a need for improved cash flow management. As a small company, it is exempt from an audit, and the financial statements are unaudited. The company's net assets increased by 2% to £670,000.

Registered in Scotland under the registration number SC153495, with a registered address at ML1 5PB, Scotland, Motherwell, 18a Biggar Road Industrial Estate, Unit 18a Biggar Road, Cleland.

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