Hydrafit (coventry) Limited

Hydrafit Coventry Ltd, based in Wolverhampton, UK, is a small, active company established 16 years ago. With 11 employees and £230,370 in assets, it's a solo-founded operation managed by two directors. The company holds a perfect 5.0 Google rating based on one review. It’s an irregular importer, primarily dealing with copper and copper products, with its last import activity recorded one month ago in November 2022.

Hydrafit’s website showcases a business specializing in hydraulic and pneumatic components and systems. They’re a manufacturer and distributor, positioning themselves as a "one-stop source" for hydraulic parts, pumps, motors, valves, and cylinders. The site highlights a wide range of products, from adaptors and fittings to gauges, filters, and pneumatic valves. They even offer custom-built hydraulic cylinders for offshore and subsea applications. The website also includes a case study section, showcasing their work and expertise.

Financially, Hydrafit Coventry Ltd presents a mixed picture. Current assets decreased by 2.8% to £230,000, while net assets increased by 15% to £50,000. Bank borrowings decreased by 27% to £25,000, and cash reserves saw a dramatic increase of 15,000%, reaching £15,000. Creditors decreased by 14%, suggesting improved debt management. The company’s small size—meeting two of three criteria for being considered small—helps it remain nimble, but the fluctuations in cash reserves warrant attention. As a small company, Hydrafit is exempt from an audit, so the figures are unaudited.

Overall, Hydrafit Coventry Ltd appears to be navigating a period of change. While the business maintains a strong online presence and a reputation for quality components, the financial data suggests a need for careful management to ensure long-term stability.

Registered in England/Wales under the registration number 06761490, with a registered address at WV1 3LN, Wolverhampton, West Midlands, Walsall Street.

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