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Cash

Latest balance sheet

Net assets

£2.4M

+341.3% highest in 3 filed years

Employees

117

-17.6% lowest in 3 filed years

Profit before tax

£2.5M

+336.4% highest in 3 filed years

Watchouts

Facts from the Companies House register and the latest accounts — not a rating

Accounts

3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31

Metric Trend 2023-12-312024-12-312025-12-31 Δ vs prior
Turnover £16,882,881£19,329,378£19,152,967 -0.9%
Operating profit -£3,638,626£594,514£2,464,341 +314.5%
Profit before tax -£3,683,465£575,827£2,512,679 +336.4%
Net profit -£2,708,909£430,872£1,883,136 +337.1%
Cash £572,694£91,682
Total assets less current liabilities £5,116,265£6,181,768
Net assets £120,864£551,736£2,434,872 +341.3%
Equity £120,864£551,736£2,434,872 +341.3%
Average employees 138142117 -17.6%
Wages £6,140,813£7,191,947£5,893,396 -18.1%
Directors' remuneration £0£0

Values shown as filed in the company's annual accounts. indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show . About these numbers

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio Trend 2023-12-312024-12-312025-12-31
Operating margin -21.6%3.1%12.9%
Net margin -16.0%2.2%9.8%
Return on capital employed -71.1%9.6%
Gearing (liabilities / total assets) 99.1%95.0%80.3%
Current ratio 1.33x1.87x
Interest cover -81.15x17.35x94.37x

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 — the current trading name was adopted 2026-02-25

  1. HYDRO INTERNATIONAL GROUP LTD 2026-02-25 → present
  2. HYDRO INTERNATIONAL EUROPE WASTEWATER LTD 2024-01-10 → 2026-02-25
  3. M. & N. ELECTRICAL AND MECHANICAL SERVICES LIMITED 1993-12-01 → 2024-01-10

Audit & accounting basis

Accounting basis
IFRS
Reporting scope
Standalone (parent only)
Auditor
Deloitte LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“Financial forecasts have been prepared by the company through to December 2027, these forecasts have been stress tested by modelling the impact of reduced profitability and cash flow over the period. The conclusion from this detailed analysis is that the company has adequate resources to continue in operational existence for at least 12 months from the date of approval of these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.”

Significant events

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

People

3 active · 16 resigned

Name Role Appointed Born Nationality
BARKER, Stephen James Director 2026-01-02 Mar 1973 British
CLAPHAM, David John Director 2026-06-23 Mar 1974 British
HUMPHREY, Simon Thomas Director 2024-07-10 Jun 1966 British
Show 16 resigned officers
Name Role Appointed Resigned
LIGHT, Simon James Secretary 2003-03-10 2019-07-22
NESBITT, William James Secretary 1993-12-01 1998-11-01
SIME, Avril Margaret Secretary 1999-01-12 2003-03-10
BRISTOL LEGAL SERVICES LIMITED Corporate Nominee Secretary 1993-12-01 1993-12-01
CLEAVER, Paul Douglas Director 2019-11-13 2023-07-24
CLEMSON, Matthew Director 2023-07-24 2026-01-02
CROOK, Roger Peter Director 2019-07-22 2023-07-24
GLEDHILL, Paul Anthony Director 2026-01-02 2026-06-23
JENNINGS, Michael Gareth Brian Director 2019-07-22 2019-11-13
KALSI, India Director 2023-07-24 2026-01-02
LIGHT, Simon James Director 2008-03-10 2019-07-22
MCFARLANE, Gordon Matthew Director 1993-12-01 2019-07-22
MOORE, Lenora Elizabeth Director 2023-07-24 2024-07-10
NESBITT, William James Director 1993-12-01 1998-11-01
SHANNON, George Director 2020-09-29 2023-07-24
BOURSE SECURITIES LIMITED Corporate Nominee Director 1993-12-01 1993-12-01

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Hydro International Limited Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2019-07-22 Active
Mr Gordon Matthew Mcfarlane Individual Shares 75–100% 2016-12-01 Ceased 2019-07-22

Filing timeline

Last 20 of 142 total filings

Material constitutional events — rename, articles re-file, resolution

  • 2026-02-25 CERTNM Certificate change of name company PDF
  • 2024-01-10 CERTNM Certificate change of name company PDF
  • 2023-08-21 RESOLUTIONS Resolution
  • 2023-08-21 MA Memorandum articles
Date Type Category Description
2026-06-27 AP01 officers Appoint person director company with name date PDF
2026-06-27 CS01 confirmation-statement Confirmation statement with updates PDF
2026-06-26 TM01 officers Termination director company with name termination date PDF
2026-06-07 AA accounts Accounts with accounts type full
2026-02-25 CERTNM change-of-name Certificate change of name company PDF
2026-01-05 TM01 officers Termination director company with name termination date PDF
2026-01-05 AP01 officers Appoint person director company with name date PDF
2026-01-05 TM01 officers Termination director company with name termination date PDF
2026-01-05 AP01 officers Appoint person director company with name date PDF
2025-08-01 AA accounts Accounts with accounts type full
2025-06-27 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-10-16 AA accounts Accounts with accounts type full
2024-07-22 AP01 officers Appoint person director company with name date PDF
2024-07-22 TM01 officers Termination director company with name termination date PDF
2024-06-17 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-01-10 CERTNM change-of-name Certificate change of name company PDF
2023-12-05 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-08-25 AA accounts Accounts with accounts type full
2023-08-21 RESOLUTIONS resolution Resolution
2023-08-21 MA incorporation Memorandum articles

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
10

last 12 months

Capital events
0

last 24 months

Officers appointed
2

last 12 months

Officers resigned
3

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

Official Companies House page