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Hydraquip Hose & Hydraulics Limited

04937556

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Going concern doubt noted in accounts (-10)

Details

WATLING STREET, CANNOCK, WS11 8LL
Incorporated 20/10/2003

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46900
Non-specialised wholesale trade

Officers

Mr Jeffrey Coulson

director · Since 01/12/2020

DIRECTOR

ENGLISH · ENGLAND · Age 41

Also on 4 other boards

Mr Mark Stephen Hogg

director · Since 22/03/2022

FINANCE DIRECTOR

BRITISH · ENGLAND · Age 52

Also on 2 other boards

Mr Gary Samuel Megarrell

director · Since 31/12/2024

MANAGING DIRECTOR

IRISH · NORTHERN IRELAND · Age 49

Also on 13 other boards

Persons with Significant Control

Finning Services Limited

75–100% shares
75–100% votes
Appoint directors

Watling Street, Bridgtown, Cannock, WS11 8LL

Reg: 13976591 · Companies House · Private Limited Company

Notified 22/03/2022

Former PSCs

Mr Duncan Munro Macbain

Ceased 22/03/2022

Mr Fintan Cornelius Ennis

Ceased 22/03/2022

Charges0 outstanding

charge
satisfied

RBS INVOICE FINANCE LIMITED

Created 26/03/2013Registered 30/03/2013Satisfied 09/02/2022
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 01/06/2007Registered 14/06/2007Satisfied 09/02/2022
charge
satisfied

CLOSE INVOICE FINANCE LIMITED

Created 27/10/2005Registered 01/11/2005Satisfied 20/10/2007
charge
satisfied

LLOYDS TSB COMMERCIAL FINANCE LIMITED

Created 03/12/2003Registered 09/12/2003Satisfied 18/06/2013

CompanyRankvs 4803+ SIC 46900 peers
60

Financial strength100th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityNo balance sheet data · 0/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength25/25 pts

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

Employees15/15 pts

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

Liquidity0/20 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.

Risk deductions

Going concern doubt: -10 pts

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

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co

Key FinancialsYear ending 31/12/2024

Turnover

£32.9M

Annual revenue

Net Worth

£14.6M

Balance sheet strength

Cash

£1.9M

Cash in the bank

Profit Before Tax

£4.0M

Bottom line earnings

Net Current Assets

Working capital

Current Assets

Current Liabilities

£3.6M

Fixed Assets

£19k

Debtors

£6.1M

Cost of Sales

£16.6M

Gross Profit

£16.3M

Admin Expenses

£12.4M

Operating Profit

£3.9M

Profit After Tax

£2.5M

294avg. employees

Tax at Year End

Dividends paid£6.3M

People Costs

Wages & salaries£11.3M
NI contributions£1.2M

Balance Sheet

Intangible assets£1.4M
Prepared with Caseware UK (AP4) 2024.0.164