Team Hydro Limited

Team Hydro Limited is a small, active company based in Coventry, UK, established twelve years ago in 2013. With just one employee and £15,554 in assets, it operates from a virtual address shared by thirty-four other companies – a bit unusual, really. The company has two directors and one owner, Moore Richard.

The business engages in a diverse range of activities, including retail sales via mail order and internet, public relations, management consultancy, and other business support services. It’s a bit of a jack-of-all-trades, really. The company’s website is minimal, offering little insight into its day-to-day operations beyond these broad categories.

Financially, Team Hydro Limited is showing some concerning trends. Net assets have decreased significantly, falling to -£17,000, a substantial drop from the previous year. Cash reserves have also declined, falling by 6.1% to £15,000. Creditors have increased by 13%, reaching £33,000, which could indicate a reliance on short-term borrowing. While the company is small, meeting two of three conditions to be classified as such (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), the negative equity and decreasing cash flow are worrying. No auditor is mentioned, which is common for small, exempt companies.

The company’s reliance on a shared virtual address and the lack of detailed financial information raise questions about its long-term sustainability. It’s a small operation facing some financial pressures, but whether it can navigate these challenges remains to be seen.

Registered in England/Wales under the registration number 08497097, with a registered address at CV1 2NT, England, Coventry, West Midlands, Union House, 111 New Union Street.

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