HYDRO GROUP LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-02-06 (in 9mo)
Last made up 2026-01-23
Watchouts
Cash
£4M
-20.3% vs 2023
Net assets
£14M
-0.6% vs 2023
Employees
115
+1.8% vs 2023
Profit before tax
£6M
-12.4% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
3 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
Name history
Renamed 3 times since incorporation
- HYDRO GROUP LIMITED 2020-09-08 → present
- HYDRO GROUP PLC 2002-09-17 → 2020-09-08
- HYDRO GROUP LIMITED 2002-06-19 → 2002-09-17
- SELIT LIMITED 1991-06-10 → 2002-06-19
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £20,509,002 | £22,300,650 | |
| Operating profit | £6,674,866 | £5,813,103 | |
| Profit before tax | £6,674,866 | £5,848,252 | |
| Net profit | £5,684,651 | £5,034,101 | |
| Cash | £5,110,160 | £4,073,125 | |
| Total assets less current liabilities | £14,710,148 | £14,679,861 | |
| Net assets | £14,135,530 | £14,047,314 | |
| Equity | £14,135,530 | £14,047,314 | |
| Average employees | 113 | 115 | |
| Wages | £4,606,373 | £4,944,536 |
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 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 32.5% | 26.1% | |
| Net margin | 27.7% | 22.6% | |
| Return on capital employed | 45.4% | 39.6% | |
| Current ratio | 2.03x | 2.24x | |
| Interest cover | — | 89432.35x |
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
- RSM UK Audit LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors, making due and careful enquiry, have prepared forecasts and have a reasonable expectation that the company has adequate resources to continue to operational existence for at least 12 months from the balance sheet signing date. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.”
Group structure
- HYDRO GROUP LIMITED · parent
- Hydrobond Engineering Limited 100%
- Hydro-Cable Systems Limited 100%
- Hydro Group Australia Pty Ltd 100%
Significant events
- “On 18 August 2025, the ultimate holding company TPCW Holdings LLC (trading as "Trexon") announced that Amphenol Corporation (NYSE: APH) has agreed to acquire Trexon from Audax Private Equity. The transaction is subject to customary closing conditions and is expected to close in the fourth quarter of 2025.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 19 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| OAKWOOD CORPORATE SECRETARY LIMITED | Corporate Secretary | 2021-02-17 | — | — |
| D'AMICO, Lance Edward | Director | 2025-12-22 | Jan 1969 | American |
| LAMPO, Craig Anthony | Director | 2025-12-22 | Dec 1969 | American |
Show 19 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BLAIR, Elaine Mary | Secretary | 2017-06-09 | 2021-02-17 |
| BUXTON, Irene | Secretary | 2006-06-01 | 2017-06-09 |
| COOPER, Simon Astley | Secretary | — | 2006-05-31 |
| MIDDLETON, Sandra Elizabeth | Nominee Secretary | 1991-06-10 | 1991-09-23 |
| WHYTE, Douglas James | Secretary | 1991-09-23 | 1993-06-10 |
| ALBERT, Patrick Henry | Director | 2021-04-28 | 2022-12-20 |
| BLAIR, Elaine Mary | Director | 2012-07-25 | 2024-06-28 |
| BUXTON, Irene | Director | 2006-05-17 | 2017-06-09 |
| CRANE, Jeffrey Todd | Director | 2021-02-17 | 2022-06-13 |
| GORDON, Marc | Director | 2021-09-10 | 2025-12-22 |
| MACLAREN, Colin James | Director | 1991-06-10 | 1991-09-16 |
| MARCH, Victor Wilson | Director | 2021-02-17 | 2021-03-31 |
| PAMBOUKIS, Michele Melliand | Director | 2021-09-10 | 2022-12-20 |
| PATEL, Nildeep Mukundray | Director | 2021-02-17 | 2022-12-20 |
| TUCKER, James Stuart | Director | 1991-09-16 | 2006-10-27 |
| TWAALFHOVEN, Mark | Director | 2022-06-13 | 2025-12-22 |
| WHYTE, Douglas James | Director | 1991-09-16 | 2021-02-17 |
| WILKIE, Graham | Director | 2012-07-25 | 2018-09-03 |
| YANG, Cathy | Director | 2023-09-05 | 2025-12-22 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Tpc Ukco Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2021-02-17 | Active |
| Mr Douglas James Whyte | Individual | Shares 75–100%, Voting 75–100% | 2016-04-06 | Ceased 2021-02-17 |
Filing timeline
Last 20 of 166 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-07-04 CC04 Statement of companys objects
- 2025-07-04 MA Memorandum articles
- 2025-07-04 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-02-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-02-05 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2026-01-07 | AP01 | officers | Appoint person director company with name date | |
| 2026-01-07 | TM01 | officers | Termination director company with name termination date | |
| 2026-01-07 | TM01 | officers | Termination director company with name termination date | |
| 2026-01-07 | TM01 | officers | Termination director company with name termination date | |
| 2026-01-07 | AP01 | officers | Appoint person director company with name date | |
| 2025-09-04 | AA | accounts | Accounts with accounts type full | |
| 2025-07-04 | CC04 | change-of-constitution | Statement of companys objects | |
| 2025-07-04 | MA | incorporation | Memorandum articles | |
| 2025-07-04 | RESOLUTIONS | resolution | Resolution | |
| 2025-02-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-02-03 | TM01 | officers | Termination director company with name termination date | |
| 2024-07-15 | AA | accounts | Accounts with accounts type full | |
| 2024-05-17 | CH01 | officers | Change person director company with change date | |
| 2024-05-17 | CH01 | officers | Change person director company with change date | |
| 2024-01-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-11-30 | AP01 | officers | Appoint person director company with name date | |
| 2023-08-08 | AA | accounts | Accounts with accounts type full | |
| 2023-02-13 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 11
- Capital events
- 0
- Officers appointed
- 2
- Officers resigned
- 3
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
+8.7%
£20,509,002 £22,300,650
-
Cash
-20.3%
£5,110,160 £4,073,125
-
Net assets
-0.6%
£14,135,530 £14,047,314
-
Employees
+1.8%
113 115
-
Operating profit
-12.9%
£6,674,866 £5,813,103
-
Profit before tax
-12.4%
£6,674,866 £5,848,252
-
Wages
+7.3%
£4,606,373 £4,944,536
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