Hydronic Networks Ltd

Hydronic Networks Ltd, based in Leeds, UK, is a small, active company founded twelve years ago in 2013. It’ll employ just one person and holds £52,267 in assets. Run by a solo founder, director, and owner, Haigh James Daniel, the company operates from a real address and regularly imports machinery, boilers, and mechanical appliances – parts, with five months of import activity recorded, the latest in December 2024.

The company's website highlights its focus on optimising thermal energy systems, working with a network of installers to provide products transforming the efficiency of water-fed heating and cooling systems. It operates in the engineering related scientific and technical consulting activities industries, offering project consulting, equipment, and parts. The website also emphasizes technical support and even offers free technical calls to assist customers in selecting the right products. It’s a UK and Scandinavia based consulting importer-distributor.

Financially, Hydronic Networks Ltd shows some interesting trends. Cash bank on hand increased significantly by 99% to £25,000, while current assets also rose by 150% to £52,000. However, creditors surged dramatically by 400% to £34,000, and trade debtors increased by 240% to £27,000. Equity grew by 10% to £25,000. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 30 employees) helps it remain agile. Despite the increase in creditors, the growth in cash reserves is a positive sign. The company’s accounts are unaudited, being “Filleted Accounts” and prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Overall, Hydronic Networks Ltd appears to be a growing business, though the increase in liabilities suggests it may be investing in its operations. The company’s focus on technical expertise and customer support, combined with its niche market, positions it well for continued success, although it’s important to keep an eye on its debt levels.

Registered in England/Wales under the registration number 08427713, with a registered address at LS9 0DG, England, Leeds, Micklethwaite House, 70 Cross Green Lane.

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