FLUICONNECTO UK LTD
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-07-30 (in 2mo)
Last made up 2025-07-16
Watchouts
None on the register
Cash
£229K
-21.9% vs 2023
Net assets
£11M
+108.5% highest in 6 filed years
Employees
68
+106.1% vs 2023
Profit before tax
£4M
+907.1% first positive since 2021
Net assets
10-year trend · vs Basic Materials median
Accounts
10-year trend · latest reflected 2024-12-31
| Metric | Trend | 2019-01-01 | 2019-12-31 | 2020-01-01 | 2020-12-31 | 2021-01-01 | 2021-12-31 | 2022-01-01 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | — | £11,227,776 | — | £6,950,423 | — | £6,586,448 | — | £3,557,631 | £7,651,554 | £8,808,748 | |
| Operating profit | — | -£213,286 | — | -£1,399,800 | — | -£476,863 | — | £87,772 | £548,617 | -£609,271 | |
| Profit before tax | — | £4,792,317 | — | -£1,455,407 | — | -£512,462 | — | £25,514 | £357,893 | £3,604,489 | |
| Net profit | — | £4,845,406 | — | -£1,503,428 | — | -£530,471 | — | £31,526 | £199,236 | £3,584,809 | |
| Cash | — | £169,297 | — | £346,458 | — | £78,877 | — | £485,635 | £293,993 | £229,483 | |
| Total assets less current liabilities | — | £8,071,080 | — | £6,952,611 | — | £6,026,129 | — | £6,221,365 | £6,111,678 | £12,262,841 | |
| Net assets | — | £8,037,006 | — | £6,533,578 | — | £6,003,107 | — | £6,034,633 | £5,421,409 | £11,303,331 | |
| Equity | £3,191,600 | £8,037,006 | £8,037,006 | £6,533,578 | £6,533,578 | £6,003,107 | £6,003,107 | £6,034,633 | £5,421,409 | £11,303,331 | |
| Average employees | — | 106 | — | 79 | — | 41 | — | 33 | 33 | 68 | |
| Wages | — | £2,856,619 | — | £2,362,596 | — | — | — | £1,205,171 | £3,372,768 | £2,925,596 |
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2019-01-01 | 2019-12-31 | 2020-01-01 | 2020-12-31 | 2021-01-01 | 2021-12-31 | 2022-01-01 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating margin | — | -1.9% | — | -20.1% | — | -7.2% | — | 2.5% | 7.2% | -6.9% | |
| Net margin | — | 43.2% | — | -21.6% | — | -8.1% | — | 0.9% | 2.6% | 40.7% | |
| Return on capital employed | — | -2.6% | — | -20.1% | — | -7.9% | — | 1.4% | 9.0% | -5.0% | |
| Current ratio | — | — | — | — | — | — | — | — | 0.45x | 0.82x | |
| Interest cover | — | -1.66x | — | -11.82x | — | -6.20x | — | 1.20x | 2.88x | -2.11x |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- James Cowper Kreston Audit
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“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
- FLUICONNECTO UK LTD · parent
- Manuli Hydraulics UK Limited 100%
- Manuli Hydraulics Manufacturing India Private Ltd. 7.79%
- M. F. Hydraulics Limited 100%
- Central Crimping Systems Limited 100%
- ThamesAir Limited 100%
Significant events
- “On 30 June 2024, the Company hived up the trade and assets of MF Hydraulics Limited and Thamesair Ltd, UK based Manuli Ryco subsidiaries. On 29 October 2024, the Company purchased the share capital of Cardiff Hydraulics Ltd and GB Hoses Ltd.”
- “Subsequent to the year end, the trade and assets of Cardiff Hydraulics Limited and GB Hoses Limited were hived up into the Company. This resulted in an increase in net assets of £530,238 and £578,127 respectively with a corresponding increase in amounts owed to group undertakings. A dividend in specie was declared to reduce the amounts owed to group undertakings. The associated investment cost relating to Cardiff Hydraulics Limited and GB Hoses Limited of £1,041,300 and £680,438 respectively was transferred to goodwill.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 20 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| TONG, Jason Wei Bing | Secretary | 2017-09-06 | — | — |
| HOGG, Leon Kyle | Director | 2024-07-31 | Feb 1978 | British |
| MANULI, Dardanio Mario Davide | Director | 2017-07-19 | Apr 1965 | Italian |
Show 20 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| MCSHANE, James Mathew Joseph | Secretary | 2006-10-26 | 2007-05-04 |
| TAYLOR, Carole Anne | Secretary | 2005-04-06 | 2006-10-26 |
| WOOD, Mark | Secretary | 2007-05-05 | 2017-09-06 |
| YATES, Pamela | Secretary | — | 2005-04-06 |
| BAKER, Howard | Director | 1997-07-10 | 1998-11-20 |
| BRANDOLESE, Marco | Director | 2003-02-11 | 2004-03-23 |
| CARUGATI, Paolo | Director | 2004-12-15 | 2005-04-30 |
| CONCANNON, Terence Patrick | Director | 1998-11-20 | 2002-11-30 |
| FARRELL, Anthony | Director | 1995-06-02 | 2001-01-19 |
| FERRANDI, Alessandro | Director | 2004-12-15 | 2007-01-09 |
| FERRANDI, Alessandro | Director | 2004-03-23 | 2004-10-14 |
| HARRISON, Philip William | Director | — | 2004-12-15 |
| JOWERS, Michael John Robert | Director | 1996-05-01 | 2006-10-12 |
| KERFOOT, Paul Nigel | Director | 2004-10-14 | 2015-05-31 |
| SEGHI, Paolo | Director | 2004-12-15 | 2017-07-19 |
| VUOLO, Giuseppe | Director | 2005-05-03 | 2009-04-22 |
| WALLWORK, Michael Peter | Director | 2015-06-01 | 2017-07-31 |
| WILKINSON, Peter | Director | 2002-11-30 | 2003-02-11 |
| WOOD, Mark | Director | 2017-09-06 | 2024-07-31 |
| YATES, Pamela | Director | 1995-06-02 | 2004-12-15 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Manuli Ryco S.P.A | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-07-16 | Active |
Filing timeline
Last 20 of 157 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-01-07 | AA | accounts | Accounts with accounts type full | |
| 2025-07-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-12-20 | AA | accounts | Accounts with accounts type full | |
| 2024-07-31 | AP01 | officers | Appoint person director company with name date | |
| 2024-07-31 | TM01 | officers | Termination director company with name termination date | |
| 2024-07-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-09-27 | AA | accounts | Accounts with accounts type full | |
| 2023-07-17 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-02-24 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2022-09-25 | AA | accounts | Accounts with accounts type full | |
| 2022-07-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-09-01 | AA | accounts | Accounts with accounts type full | |
| 2021-07-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-12-23 | AA | accounts | Accounts with accounts type full | |
| 2020-07-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-10-11 | AA | accounts | Accounts with accounts type full | |
| 2019-07-25 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-01-09 | RESOLUTIONS | resolution | Resolution | |
| 2019-01-08 | RESOLUTIONS | resolution | Resolution | |
| 2019-01-08 | CONNOT | change-of-name | Change of name notice |
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.
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+15.1%
£7,651,554 £8,808,748
-
Cash
-21.9%
£293,993 £229,483
-
Net assets
+108.5%
£5,421,409 £11,303,331
highest in 6 filed years
-
Employees
+106.1%
33 68
-
Operating profit
-211.1%
£548,617 -£609,271
-
Profit before tax
+907.1%
£357,893 £3,604,489
first positive since 2021
-
Wages
-13.3%
£3,372,768 £2,925,596
Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers