Tis Hydraulics Limited

Tis Hydraulics Ltd, based in Aberdeen, UK, is a small, active company founded 30 years ago. With 10 employees and £5,007,450 in assets, it operates from a virtual address, managed by two directors and one owner. The company regularly imports and exports machinery, boilers, and mechanical appliances; parts, with 417 months of import activity and 133 months of export activity recorded.

The company’s website, TIS Hydraulics, showcases a UK-leading hydraulic and pneumatic supplier with over 25 years of experience. It’s clear they focus on providing engineering solutions, selling a wide range of instrumentation, pneumatics, valves, fittings, and accessories. The website highlights a commitment to quality and customer service, with testimonials from satisfied clients. They also have a blog discussing topics like the history of pneumatics and the differences between hydraulic and pneumatic systems.

Financially, Tis Hydraulics Ltd shows some concerning trends. While current assets remain relatively stable at £5,000,000, cash bank on hand has decreased by 9.2% to £2,100,000. Corporation tax payable has increased significantly by 64%, reaching £380,000. Creditors have also risen by 41%, reaching £1,200,000. Debtors have increased by 13%, reaching £1,800,000. Equity has decreased by 9.1%, dropping to £3,900,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it’s likely exempt from an audit, so these figures are unaudited.

Despite the financial pressures, Tis Hydraulics Ltd’s long-standing presence in the market and its focus on specialized equipment suggest a resilient business. The company’s virtual address, while potentially cost-effective, also raises questions about its physical infrastructure and operational scale.

Registered in Scotland under the registration number SC151682, with a registered address at AB10 1BR, Scotland, Aberdeen, Suite A, 1 Albyn Place.

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