Hydrosphere Uk Limited

Hydrosphere Uk Limited, based in Alton, UK, is a small, active company established 31 years ago. With 11 employees and £989,674 in assets, it’s a well-established player in the market. The company is run by five directors, including Reid James Andrew, who also acts as the sole owner. It operates from a real address and regularly imports and exports electrical machinery and equipment – 46 months of import activity and 9 months of export activity recorded.

The company’s core business involves wholesale of other machinery and equipment, with a focus on electrical components. It’s a relatively small operation, meeting two of three criteria for being classified as small: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees. The company’s website is not available, so it’s difficult to determine if it operates an e-commerce site.

Financially, Hydrosphere Uk Limited presents a mixed picture. Cash bank on hand has increased significantly, jumping 130% to £480,000, a positive sign. However, trade debtors have fallen sharply, decreasing 73% to £95,000, which could indicate challenges in collecting payments. Equity has increased by 35% to £680,000, but total inventories have decreased by 17% to £410,000. Creditors have also decreased by 66%, which is good news. The company’s net assets liabilities have increased by 26% to £760,000. The company’s unaudited accounts are exempt from audit due to its size, and no auditor is mentioned.

The company’s financial trends suggest it's managing its resources effectively, with a healthy increase in cash reserves. However, the decrease in trade debtors warrants attention, and the company should monitor its collection processes. The increase in equity is a positive sign, indicating improved financial stability. Overall, Hydrosphere Uk Limited appears to be a financially stable company, although it's important to monitor its collection processes and ensure it continues to manage its resources effectively.

Registered in England/Wales under the registration number 02888295, with a registered address at GU34 4JR, United Kingdom, Alton, Hampshire, The Old Grain Store West End Farm, Upper Froyle.

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