Ni Hoses Ltd

Ni Hoses Ltd from Clough UK is a small, active company founded seven years ago. It holds £228,958 in assets and operates from a real address in Northern Ireland. With two directors and two owners, the company is a irregular importer of stone, plaster, cement, and similar material products, with the last import operation made on January 01, 2025. It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50.

The company’s website highlights its core business: emergency hydraulic hose repair and supply. It’s a specialist in hydraulic rams, cylinders, stainless steel power steering, and brake hoses, catering to industrial and commercial clients. The site also features Tecna rock breakers and a trade counter in Mallusk. A recent announcement details the acquisition by HANSAFLEX, a European leader in hydraulics, promising new services and benefits to customers. The website also has a quick enquiry form.

Financially, Ni Hoses Ltd shows a mixed picture. Current assets have fallen by 35% to £230,000, and net assets have dropped by 17% to £220,000. Bank borrowings have decreased, but cash reserves have fallen by 43% to £170,000. Creditors have also decreased, suggesting better debt management. The company's property plant equipment has increased significantly, but the decrease in equity raises some concerns. With no auditor mentioned, the figures rely on unaudited statements.

Overall, Ni Hoses Ltd appears to be navigating a period of change following the acquisition. While the core business remains active and well-positioned, the financial trends suggest a need for careful management to ensure long-term stability.

Registered in Northern Ireland under the registration number NI645917, with a registered address at BT30 8RW, Northern Ireland, Clough, Co Down, 2a Moneycarragh Road.

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