HYDRAFORCE HYDRAULICS LIMITED

Active
Company number 02286591Private limited companyIncorporated 1988

Key figures

£57,736,000-1.4%
Net assets 2024
-1.4%
Average annual change 2023–2024
020 m40 m60 m20232024

† HYDRAFORCE HYDRAULICS LIMITED filed these accounts on paper, so Companies House publishes them only as a scanned image. The figures for the years marked † were read automatically from the scan and kept only where the statements add up (for example net assets equal total equity), but a reading error is still possible — check the original accounts at Companies House.

Ratios

2024

Sector comparison

SIC 28120

Where the company stands among the 201 active companies whose first SIC code is 28120 (Manufacture of fluid power equipment).

Net assets£57,736,000
Higher than 97% · median £457,042
Total assets£73,444,000
Higher than 98% · median £798,734
Cash£22,390,000
Higher than 97% · median £294,649
Employees508
Higher than 99% · median 3
Company age38.2 years
Older than 79% · median 18.0 years
Largest in this sector by net assets
  1. SPIRAX-SARCO LIMITED£113m
  2. SMC CORPORATION (U.K.) LIMITED£93.5m
  3. HYDRAFORCE HYDRAULICS LIMITED£57.7m
  4. APPH LIMITED£53.4m
  5. KINETROL LIMITED£47.6m
  6. STAR HYDRAULICS LIMITED£22.4m
  7. INTERPUMP HYDRAULICS (UK) LTD£22m
  8. HUSCO INTERNATIONAL ONE LTD£12.5m
  9. HUSCO INTERNATIONAL TWO LTD£12.5m
  10. HYDRECO HYDRAULICS LIMITED£11.9m

Positions are approximate. Figures come from each company's latest accounts; money and employee figures are compared only with companies that filed accounts in pounds for a period ending in the last two and a half years and are not dormant, so those groups are smaller than 201. The line on each bar marks the median.

Summary: HYDRAFORCE HYDRAULICS LIMITED

What kind of company is it?

HYDRAFORCE HYDRAULICS LIMITED is a private limited company registered with Companies House under company number 02286591. It was incorporated on 12 Aug 1988. Its status is active. The registered office is in Birmingham (B6). Its nature of business (SIC 2007) is manufacture of fluid power equipment (28120).

How is the company doing financially?

The latest accounts in the database are for 2024 (period ending 31 Dec 2024); the company files full accounts. Turnover was £82,658,000. Loss for the year was £831,000. Net assets were £57,736,000, down 1.4% on the previous year. Cash at bank and in hand was £22,390,000. Total assets were £73,444,000 and total liabilities £12,995,000. The company had an average of 508 employees. Figures are available for 2 financial years (2023–2024).

How does it compare with similar companies?

Compared with 201 active companies whose first SIC code is 28120: By net assets it ranks higher than 97% of them (median £457,042). By total assets it ranks higher than 98% of them (median £798,734). By cash it ranks higher than 97% of them (median £294,649). By number of employees it ranks higher than 99% of them (median 3). It is older than 79% of them (median age 18.0 years).

What do public registers and reports show?

It appears on the Home Office register of licensed sponsors (Global Business Mobility: Senior or Specialist Worker, Skilled Worker). HMRC lists it as an importer of goods, mainly plastics, rubber, iron and steel articles. HMRC lists it as an exporter of goods, mainly machinery, electrical equipment, optical, medical and measuring instruments. In its latest payment practices report it took an average of 54 days to pay suppliers, and 56% of invoices were not paid within agreed terms. Its gender pay gap report for 2025/26 shows median hourly pay for women 6.4% lower than for men. It has modern slavery statements on the government registry for 4 years.

When are its next filings due?

The next accounts are due by 31 Dec 2026. The next confirmation statement is due by 28 Mar 2027.

Filed accounts2023–2024
2023 †2024 †
Turnover124,853,00082,658,000
Profit for the year2,051,000-831,000
Cash at bank and in hand19,733,00022,390,000
Total assets75,843,00073,444,000
Total liabilities13,764,00012,995,000
Net assets / total equity58,567,00057,736,000
Average number of employees600508

A dash (—) means no accounts were filed for that year or the item is not in the accounts; 0 is a zero stated in the accounts. Small companies usually file only a balance sheet, so the profit and loss account is often missing.

Statutory reporting

Payment practices1 Jan 2026 – 30 Jun 2026
Average time taken to pay invoices
54 days
Invoices not paid within agreed terms
56%
Standard payment terms
31–62 days
Member of a payment code
No
  • Within 30 days 11%
  • 31 to 60 days 71%
  • After 60 days 18%
Earlier periods (7)
Period ending
Days to pay
Within 30 days
Late
31 Dec 2025
48
17%
37%
30 Jun 2025
50
17%
39%
31 Dec 2024
54
16%
25%
30 Jun 2024
60
13%
25%
31 Dec 2023
64
12%
34%
30 Jun 2023
63
8%
16%
31 Dec 2022
68
8%
60%

View the latest report on GOV.UK

Gender pay gap2025/26
Median hourly pay
women 6.4% lower
Mean hourly pay
women 15.3% lower
Median bonus pay
women 100% lower
Employer size
250 to 499 employees
Lower pay quarter56.5% womenLower middle47.8% womenUpper middle39.1% womenUpper pay quarter35.1% women
Earlier years (8)
Year
Median hourly pay
Mean hourly pay
2024/25
women 7.9% lower
women 18.8% lower
2023/24
women 12.1% lower
women 22.6% lower
2022/23
women 19.1% lower
women 12.4% lower
2021/22
women 4.1% lower
women 12.8% lower
2020/21
women 7.3% lower
women 18.3% lower
2019/20
women 5.9% lower
women 16.4% lower
2018/19
women 3% lower
women 16% lower
2017/18
women 13.5% lower
women 20.5% lower

A positive gap means women's average hourly pay is lower than men's across the whole employer; it is not a comparison of pay for the same work. View on the Gender pay gap service

Modern slavery statements4
2026
Statement · summary on GOV.UK · group statement (ROBERT BOSCH UK HOLDINGS LIMITED)
2025
Statement · summary on GOV.UK · group statement (ROBERT BOSCH UK HOLDINGS LIMITED)
2024
Statement · summary on GOV.UK · group statement (ROBERT BOSCH UK HOLDINGS LIMITED)
Earlier years (1)
2021
Statement · summary on GOV.UK

Figures the company reported itself to the government's Check payment practices service, Gender pay gap service and Modern slavery statement registry (Open Government Licence v3.0). Only large companies and employers with 250 or more staff have to report, so most companies have nothing here.

Registers and licences

Sponsor licence‡
Licence type and rating
Worker (A rating)
Routes
Global Business Mobility: Senior or Specialist Worker, Skilled Worker

On the Home Office register of licensed sponsors, which lists organisations licensed to sponsor workers from overseas.

International trade‡

Listed by HMRC as an importer of goods in 12 of the last 12 months on record, most recently August 2026. Main goods: plastics, rubber, iron and steel articles, machinery and electrical equipment.

Listed by HMRC as an exporter of goods in 12 of the last 12 months on record, most recently August 2026. Main goods: machinery, electrical equipment, optical, medical and measuring instruments, iron and steel articles and miscellaneous metal articles.

From HMRC's monthly lists of importers and exporters. Traders can ask to be left off the lists, so absence does not mean a company does not trade.

Sources: Charity Commission for England and Wales, Care Quality Commission, Home Office and HM Revenue & Customs, under the Open Government Licence v3.0. Entries marked ‡ come from lists that do not state a company number and were linked by an exact match on the registered name.

History

5 events
  1. Financial year 2024 endedAccounts: turnover £82.7m, net assets £57.7m, 508 employees
  2. Financial year 2023 endedAccounts: turnover £124.9m, net assets £58.6m, 600 employees
  3. Hydraforce Inc ceased to be a person with significant control
  4. Hydraforce Inc registered as a person with significant control
  5. Company incorporatedPrivate limited company

Dates as recorded at Companies House: incorporation, name changes, officer appointments and resignations, current and former persons with significant control, and the end of each financial year with figures in the database.