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Concord Hydraulics Limited

01804119

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

CROSS CHAMBERS, NEWTOWN, SY16 2NY
Incorporated 29/03/1984

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71129
Other engineering activities

Officers

Mrs Lynn Mary Rennett

secretary · Since 18/09/1991

BRITISH · WALES · Age 76

Also on 3 other boards

Mrs Lynn Mary Rennett

director · Since 18/09/1991

COMPANY DIRECTOR

BRITISH · WALES · Age 76

Also on 3 other boards

Mr Phillip Charles Rennett

director · Since 18/09/1991

COMPANY DIRECTOR

BRITISH · WALES · Age 77

Persons with Significant Control

Mrs Lynn Mary Rennett

25–50% shares
25–50% votes

British · Wales · Age 76

Cross Chambers, High Street, Newtown, SY16 2NY

Notified 06/04/2016

Mr Phillip Charles Rennett

25–50% shares
25–50% votes

British · Wales · Age 77

Cross Chambers, High Street, Newtown, SY16 2NY

Notified 06/04/2016

Charges0 outstanding

charge
satisfied

HSBC BANK PLC

Created 04/03/2005Registered 25/08/2007Satisfied 11/02/2025
charge
satisfied

MIDLAND BANK PLC

Created 04/04/1984Registered 10/04/1984Satisfied 11/02/2025

CompanyRankvs 354+ SIC 71129 peers
88

Financial strength94th percentile among SIC peers · 24/25
Employees91th percentile among SIC peers · 14/15
LiquidityCurrent ratio 3.77× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength24/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees14/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/03/2025

Net Worth

£366k

Balance sheet strength

Cash

£169k

Cash in the bank

Net Current Assets

£239k

Working capital

Current Assets

£325k

Current Liabilities

£86k

Fixed Assets

£131k

Debtors

£68k

5avg. employees

Balance Sheet

Assets less current liabilities£370k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20253.77+£30k
20243.72+£30k
20233.01+£48k
20222.78+£45k
20211.63+£40k
20201.34+£13k
20191.22+£70k
20170.87

Derived from filed accounts. Not audited figures.