Hydron Industrial Limited

Hydron Industrial Ltd, based in Skelton, UK, is a small, active family business established twelve years ago. With a single employee and £17,597 in assets, it operates from a real address within the Bhive Business Centre, sharing space with just one other company. Two directors and two owners manage the company, which has been importing and exporting electrical machinery and equipment for a couple of months.

The company’s core business seems to be focused on other engineering activities, particularly the installation of industrial machinery and equipment. While it maintains a website, there's no indication of e-commerce activity; instead, it appears to be primarily a business-to-business operation.

Financially, Hydron Industrial Ltd presents a mixed picture. Accumulated depreciation for furniture and fittings increased by 9.3%, while motor vehicle depreciation rose by a smaller 1.5%. Cash bank holdings took a significant hit, dropping 83% to just £5,300. Creditors decreased slightly, and bank borrowings remained steady. The company's net assets declined by 36% to -£200,000, and net current assets and liabilities increased by 5.6%. Despite these challenges, the company's small size—meeting two of three criteria for a small company—allows for agility. No auditor is mentioned, suggesting an exemption as a small company.

The decrease in cash reserves and the negative equity are concerning, but it’s possible these are temporary fluctuations related to import/export activities. The company's consistent focus on industrial machinery installation, combined with its family ownership, suggests a stable, albeit potentially cash-strapped, operation.

Registered in England/Wales under the registration number 08297209, with a registered address at TS12 2LQ, Skelton, Cleveland, Unit 16 Bhive Business Centre Allum Way, Skelton Industrial Estate.

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