Industrial Hydraulic Services Limited

Industrial Hydraulic Services Ltd, based in Liverpool, UK, is a small, family-run business with an active status. Founded 25 years ago in March 2000, it employs 13 people and holds £751,344 in assets. With four directors and three owners, the company operates from a real address and boasts a perfect 5.0 Google rating based on five reviews. It’s an irregular importer, primarily dealing in machinery, boilers, and mechanical appliances, with the latest import activity recorded two months ago in September 2024.

The company’s website, while not fully detailed, reveals it operates within the engineering sector, specifically focusing on other engineering activities. It appears to be a B2B operation, providing hydraulic services—though a fully functional e-commerce platform isn't evident. The company’s presence on LinkedIn suggests a focus on hydraulic hose and fitting supply, repair, and testing services.

Financially, Industrial Hydraulic Services Ltd presents a mixed picture. While current assets remain relatively stable at £750,000, a slight decrease of 0.78% was recorded. Bank borrowings have increased, reaching £11,000, and cash reserves have fallen by 44% to £110,000. Creditors have increased by 9.2% to £310,000, suggesting potentially higher short-term liabilities. 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 decline in equity—dropping 4.8% to £520,000—raises some concerns. No auditor is mentioned, likely due to its small company status and exemption from an audit.

Overall, Industrial Hydraulic Services Ltd seems to be navigating a period of change. The company’s long-standing presence and positive customer reviews suggest a solid foundation, but the financial data indicates a need for careful management and a focus on maintaining profitability.

Registered in England/Wales under the registration number 03961705, with a registered address at L20 8HL, United Kingdom, Liverpool, Merseyside, Unit 43, Brasenose Road, Bootle.

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