HYDAC TECHNOLOGY LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-01-26 (in 8mo)
Last made up 2026-01-12
Watchouts
None on the register
Cash
£6M
-19.3% vs 2023
Net assets
£23M
-7.3% lowest in 3 filed years
Employees
156
-0.6% lowest in 3 filed years
Profit before tax
£17M
-38.8% vs 2023
Net assets
3-year trend · vs Industrials median
Accounts
3-year trend · latest reflected 2024-12-31
| Metric | Trend | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|
| Turnover | — | £32,872,661 | £30,282,255 | |
| Operating profit | — | £1,934,758 | £848,782 | |
| Profit before tax | £3,705,758 | £27,895,464 | £17,085,092 | |
| Net profit | £3,235,269 | £27,389,970 | £16,816,319 | |
| Cash | £5,966,814 | £7,606,554 | £6,135,008 | |
| Total assets less current liabilities | £23,463,859 | £24,985,838 | £23,223,697 | |
| Net assets | £23,046,372 | £24,519,808 | £22,719,333 | |
| Equity | £23,046,372 | £24,519,808 | £22,719,333 | |
| Average employees | 158 | 157 | 156 | |
| Wages | £5,772,958 | £6,332,431 | £6,471,921 | |
| Directors' remuneration | £243,689 | £252,806 | £187,949 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
-7.9%
£32,872,661 £30,282,255
-
Cash
-19.3%
£7,606,554 £6,135,008
-
Net assets
-7.3%
£24,519,808 £22,719,333
lowest in 3 filed years
-
Employees
-0.6%
157 156
lowest in 3 filed years
-
Operating profit
-56.1%
£1,934,758 £848,782
-
Profit before tax
-38.8%
£27,895,464 £17,085,092
-
Wages
+2.2%
£6,332,431 £6,471,921
highest in 3 filed years
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|
| Operating margin | — | 5.9% | 2.8% | |
| Net margin | — | 83.3% | 55.5% | |
| Return on capital employed | — | 7.7% | 3.7% | |
| Current ratio | — | 4.30x | 4.08x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Name history
Renamed 2 times since incorporation
- HYDAC TECHNOLOGY LIMITED 2002-01-17 → present
- HYDAC-FLUPAC LIMITED 1997-12-01 → 2002-01-17
- FLUPAC LIMITED 1976-06-02 → 1997-12-01
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Rouse Audit LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors believe the business will have sufficient resources available in order to meet its obligations as they fall due for a period of at least 12 months from the date of approval of these financial statements. Consequently, the directors are satisfied that the company has adequate resources to continue in operational existence for the foreseeable future and for this reason they continue to adopt the going concern basis for preparing the financial statements.”
Group structure
- HYDAC TECHNOLOGY LIMITED · parent
- Hydac Technology Corporation 100%
- Hydac International Corporation 100%
- Hydac International SADECV 99%
- Hydac Corporation 100%
Significant events
- “Within the off-highway market there is a growing shift for 'e-mobility' in a variety of ways although in the last 12 months due to a slowdown in end-user adoption this has slowed. However, the company has continued to develop its product portfolio to meet the new potential that this offers. This continues to not only open the possibility of new product sales to existing accounts but also new customers who historically were not on our radar or are new to the market.”
- “The company is resourcing and growing to meet the new demands put on us by the technology changes and we will continue to do so through 2025 as the need demands.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 6 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BROWNLEE, Kevin George | Director | 2010-06-15 | Apr 1958 | British |
| DIETER, Dr. Alexander Conrad, Dr. | Director | 2019-03-01 | Aug 1960 | German |
| HUBER, Renate | Director | 1996-04-10 | Oct 1940 | German |
| WAIT, Darren James | Director | 2014-04-01 | Jun 1970 | British |
Show 6 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CREMORNE NOMINEES LIMITED | Corporate Secretary | — | 2016-07-31 |
| DIETER, Werner Heinz, Dr | Director | 1996-04-10 | 2024-06-08 |
| HOPKINS, Philip Ward | Director | — | 1999-03-31 |
| JERMINI, Helios | Director | — | 1993-06-14 |
| MUSCAT, George Victor Francis | Director | 1998-12-10 | 2019-03-01 |
| SCHON, Otmar Peter | Director | 1993-08-26 | 2019-03-01 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Hydac Limited | Corporate entity | Shares 75–100%, Voting 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 114 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-01-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-06-06 | AA | accounts | Accounts with accounts type full | |
| 2025-01-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-04 | AA | accounts | Accounts with accounts type full | |
| 2024-07-11 | TM01 | officers | Termination director company with name termination date | |
| 2024-01-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-08-09 | AA | accounts | Accounts with accounts type full | |
| 2023-01-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-08-05 | AA | accounts | Accounts with accounts type full | |
| 2022-03-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-07-19 | AA | accounts | Accounts with accounts type full | |
| 2021-03-31 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-11-05 | AA | accounts | Accounts with accounts type full | |
| 2020-04-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-08-15 | AA | accounts | Accounts with accounts type full | |
| 2019-05-28 | TM01 | officers | Termination director company | |
| 2019-05-24 | TM01 | officers | Termination director company with name termination date | |
| 2019-05-23 | AP01 | officers | Appoint person director company with name date | |
| 2019-05-23 | TM01 | officers | Termination director company with name termination date | |
| 2019-04-25 | CS01 | confirmation-statement | Confirmation statement with updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.