Hydraulic Solutions Limited

Hydraulic Solutions Ltd, based in Mitcham, UK, is a small, holding company with an active status. Founded 29 years ago in 1995, it employs seven people and holds £501,256 in assets. The company has a real address and is overseen by two directors and one owner. It’s an irregular importer of electrical machinery and equipment, with one month of import activity recorded as of August 2023, and an irregular exporter of machinery, boilers, and mechanical appliances, with one month of export activity as of October 2021.

The company’s website highlights its focus on hydraulic component repair and maintenance. Services include fault finding, servicing, and design, with a particular emphasis on proportional and servo valve repair. It also offers onsite support, training, and project management. The website features a WhatsApp contact option and a clear copyright notice, indicating a modern approach to customer engagement.

Financially, Hydraulic Solutions Ltd presents a mixed picture. Current assets increased by 6.9% to £500,000, while net assets increased by 10% to £360,000. Bank borrowings decreased by 41%, suggesting better financial management, and cash reserves decreased by 32% to £170,000. Trade debtors increased significantly by 61%, which could indicate a growth in sales or potential issues with collections. Creditors decreased by 16%, which is a positive sign. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the increase in trade debtors warrants closer monitoring. No auditor is mentioned, which is common for companies of this size.

Overall, Hydraulic Solutions Ltd appears to be a stable, albeit small, business. Its focus on specialized hydraulic services and its proactive online presence suggest a commitment to customer service. However, the increase in trade debtors should be watched carefully to ensure continued financial health.

Registered in England/Wales under the registration number 03133686, with a registered address at CR4 4NY, England, Mitcham, Surrey, Unit 11 Liongate Enterprise Park, 80 Morden Road.

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