System Hydraulics Limited

System Hydraulics Limited, based in Carlisle, UK, is a small, active company established 29 years ago. With 14 employees and £1,282,061 in assets, it's a well-established player in its field. The company, solo-founded and now managed by two directors, holds a perfect 5.0 Google rating from 48 reviews, a testament to its customer service. It's a regular importer of machinery, boilers, and mechanical appliances, with recent activity recorded as of April 2024.

The company specializes in automated solutions, offering services like hydraulic system design, custom power pack builds, electrical automation, and even 3D laser scanning. Its website highlights expertise across various industries, including food, oil & gas, automotive, and marine, and even offers a 24-hour callout service. The business seems to operate both locally and internationally, with a focus on providing bespoke engineering solutions.

Financially, System Hydraulics Limited presents a mixed picture. While net assets increased by 30% to £460,000, cash reserves decreased by 23% to £230,000. Bank borrowings were reduced significantly, dropping 45% to £46,000. Creditors decreased by 18% to £890,000, suggesting improved debt management. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. A significant increase in average employees, 14% to 16, could indicate expansion or increased workload. There's no auditor mentioned, so the financial statements are unaudited.

The company’s growth in employees, alongside the decrease in cash reserves, might suggest increased investment in projects or expansion efforts. The reduction in bank borrowings is a positive sign, indicating better financial control. Overall, System Hydraulics Limited seems to be a stable, well-regarded company navigating the challenges of growth and investment.

Registered in England/Wales under the registration number 03136864, with a registered address at CA2 5AB, Carlisle, Unit 1 Crown Street.

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