HYDRAQUIP HOSE & HYDRAULICS LIMITED

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

• Turnover

  +0.1%

  £32,849,091 → £32,876,090

• Cash

  -69.5%

  £6,129,574 → £1,867,129

• Net assets

  -25.7%

  £14,867,543 → £11,044,329

• Employees

  +5.1%

  294 → 309

• Operating profit

  -30.9%

  £5,678,032 → £3,921,698

• Profit before tax

  -30%

  £5,678,634 → £3,976,421

• Wages

  +7.6%

  £10,473,179 → £11,273,835

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

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.

1. HYDRAQUIP HOSE & HYDRAULICS LIMITED 2017-08-10 → present
2. UNIVERSAL HOSE LIMITED 2003-10-20 → 2017-08-10

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Kreston Reeves LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, 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.”

Group structure

1. HYDRAQUIP HOSE & HYDRAULICS LIMITED · parent
   1. Applied Fluid Power Limited 100%
   2. Hose Line Hydraulics Limited 100%
   3. Linden Hose & Adaptors Limited 100%

Significant events

• “Turnover has increased from £32,849,091 in 2023 to £32,876,090 this year which the directors feel is a positive performance, in what has been a challenging market across the industry.”
• “The gross profit percentage of the business has marginally decreased from 50.9% in 2023 to 49.6% this year. The net operating margin has decreased from 17.3% in 2023 to 11.9% this year as the company built up resources within the organisation for future growth aspirations.”
• “On 1 May 2024, Hydraquip Hose & Hydraulics Limited acquired the assets of Poweram Hydraulics.”

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

Filings

2

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

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