Servtech Hydraulics Limited

Servtech Hydraulics Ltd, based in High Blantyre, UK, is a small, active company founded 36 years ago in 1988. With £155,835 in assets and a real address, it’s a tight-knit operation managed by two directors and one owner. The company holds a perfect 5.0 Google rating from six reviews, indicating strong customer satisfaction. It’s an irregular importer, primarily dealing with electrical machinery and equipment, with the last import activity recorded one month ago.

The company operates within the “other service activities n.e.c.” industries, suggesting a diverse range of services. It's a small company, meeting two of three criteria: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The company’s website is non-existent, so it’s unclear if they operate an e-commerce site or provide services directly.

Financially, Servtech Hydraulics Ltd shows a mixed picture. Cash bank on hand increased by 3.1% to £16,000, while creditors rose by 9.7% to £170,000. Trade debtors increased by 12% to £120,000, suggesting a growing customer base, but also potentially delayed payments. Net current assets and liabilities remained steady at -£9,100. The company's fixed assets took a significant hit, decreasing by 100% to zero. The lack of employees (zero reported) indicates a lean operation. As a small company, it’s likely exempt from an audit, so the figures are unaudited.

Overall, Servtech Hydraulics Ltd seems to be holding its own, but the decrease in fixed assets and the negative net current assets raise some concerns. The company’s long-standing presence and positive Google reviews suggest a loyal customer base, but the financials indicate a need for careful management to ensure long-term stability.

Registered in Scotland under the registration number SC111522, with a registered address at G72 0AJ, High Blantyre, Glasgow, Unit 16, Priestfield Ind Est.

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