Truck Hydraulics Limited

Truck Hydraulics Ltd, based in Doncaster, UK, is a small, active company established 23 years ago. Employing 30 people, the business holds £5,177,724 in assets and maintains a real address at Capitol Park. With a single director and owner, and a stellar 5.0 Google rating from 43 reviews, it’s a well-regarded operation. The company regularly imports machinery, boilers, and mechanical appliances, with 47 months of import activity recorded.

Truck Hydraulics specializes in supplying PM and ATLAS knuckle boom cranes, ranging from 2210 TM, and offers a full range of truck body solutions, including cheese wedge, flip toe, and beaver tail plant bodies. They also provide platform modular accommodation bodies and alloy drop side builders merchant bodies, servicing 95% of the UK with three fully equipped support vehicles. Their website highlights a focus on sales, service, design, manufacture, and spare parts, emphasizing a full engineering solution. Notably, the company has a history dating back to 1998, with roots in Hiab and Atlas cranes, and is run by a family with extensive experience in the industry.

Financially, the company shows some interesting trends. Cash reserves increased by a healthy 59% to £750,000, and trade debtors rose significantly by 70% to £1.1 million—perhaps indicating increased sales on credit. However, net losses deepened to -£23,000, and bank borrowings surged by 160% to £650,000. Creditors also increased by 2.9% to £2.7 million. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the increase in debt warrants attention. With no auditor mentioned, the figures rely on unaudited statements.

Overall, Truck Hydraulics Ltd appears to be a successful, albeit debt-burdened, business. The company’s strong reputation and focus on specialized equipment suggest a loyal customer base, but managing its growing debt will be key to its long-term sustainability.

Registered in England/Wales under the registration number 04376503, with a registered address at DN8 5TZ, Doncaster, South Yorkshire, Unit 5 Alpha Court, Capitol Park, Thorne.

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