John Hyde Engineering Limited

John Hyde Engineering Ltd from Stoke On Trent UK is a large, active company founded 36 years ago. With 42 employees and £5,095,599 in assets, the company generates a yearly revenue of £13,250,143. It operates from a real address and is overseen by seven directors and one owner, boasting a respectable Google rating of 4.0 based on six reviews. The company regularly imports machinery, boilers, and mechanical appliances; parts (30 months imported), and irregularly exports similar items (1 months exported).

The company specialises in subcontract machining, offering engineering excellence to some of the world's biggest names in plant, machinery, and defence. It provides machining and production engineering services, using modern equipment and high-quality management standards. Their website emphasizes sourcing and machining castings and forgings, and provides a range of services including best value for money subcontract machining.

Financially, John Hyde Engineering Ltd shows some interesting trends. Cash bank on hand has increased dramatically by 420% to £980,000, a positive sign. However, net assets have decreased by 4.9% to £1,900,000. Creditors have increased by 6.8% to £1,400,000, and trade debtors have fallen by 14% to £2,300,000. Perhaps, the company is investing in new equipment, as evidenced by a 35% increase in property, plant, and equipment. The company’s annual depreciation expense for property, plant, and equipment has remained constant at £14,000. The increase in director remuneration by 20% to £24,000 may also be a factor. The company’s auditor, Sumer Auditco Limited, has issued an unqualified opinion on the financial statements. Despite these changes, the company's overall financial health appears stable, although the decrease in equity is something to keep an eye on.

Registered in England/Wales under the registration number 02305498, with a registered address at ST4 1DS, Stoke On Trent, Hyde Park, City Road.

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