HYDRAULIC TECHNOLOGIES ENGLAND LIMITED

• ⚠

  Annual accounts overdue

  Due 2025-12-31.

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

1. HYDRAULIC TECHNOLOGIES ENGLAND LIMITED 2024-04-30 → present
2. SPX FLOW TECHNOLOGY ENGLAND LIMITED 2019-06-25 → 2024-04-30

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

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.

Accounting basis

IFRS

Reporting scope

Standalone (parent only)

Auditor

RSM Ireland, Statutory Auditor

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors acknowledge the latest guidance on going concern. The directors have considered the trading outlook for the company and having taken account of reasonably possible changes in trading performance, forecast that it will be profitable going forward and have determined that the company has adequate resources for the foreseeable future. After this consideration and making relevant enquiries, the directors are satisfied that adopting the going concern basis in preparing the financial statements is appropriate.”

Significant events

• “On 30 January 2024, the company reduced its share premium accounts from £11,560,399 to £6,560,399 and that the amount by which the share premium is so reduced, being £5,000,000, be credited to the Company's distributable reserves and be treated as realised profit.”
• “On 24 February 2024 and 30 May 2024, the Company proposed a cash dividend to the company's sole shareholder, SPX UK Holding Limited, at the time, prior to the sale of SPX FLOW Inc.'s hydraulics business, amounting to £10,000,000 and £2,861,540, respectively.”
• “Subsequent to the year-end date, SPX FLOW Inc. has entered into a definitive agreement to sell Hydraulic Technology to a third-party company. The agreement incorporates the Power Team, Bolting Systems, Stone and Rail Systems brand products. The sale includes the SPX FLOW Inc.'s subsidiary Hydraulic Technologies England Limited (formerly SPX Flow Technology England Limited). On 3 June 2024, following the sale of SPX Flow Inc.'s hydraulics business, HYT UK Holdings Ltd became the immediate parent company of the company replacing SPX UK Holding Limited.”

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

Filings

3

last 12 months

Capital events

0

last 24 months

Officers appointed

1

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.