HYDRO GROUP LIMITED

Active
Company number SC132331Private limited companyIncorporated 1991

Key figures

£14,047,314-0.6%
Net assets 2024
-0.6%
Average annual change 2023–2024
05 m10 m15 m20232024

† HYDRO GROUP 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 27320

Where the company stands among the 363 active companies whose first SIC code is 27320 (Manufacture of other electronic and electric wires and cables).

Turnover£22,300,650
Higher than 81% · median £13,425,763 among 37 that publish turnover
Net assets£14,047,314
Higher than 95% · median £98,967
Total assets£20,694,526
Higher than 95% · median £304,340
Cash£4,073,125
Higher than 96% · median £119,214
Employees115
Higher than 98% · median 2
Company age35.4 years
Older than 84% · median 13.7 years

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 363. The line on each bar marks the median.

Summary: HYDRO GROUP LIMITED

What kind of company is it?

HYDRO GROUP LIMITED is a private limited company registered with Companies House under company number SC132331. It was incorporated on 10 Jun 1991. Its status is active. The registered office is in Aberdeen (AB23). Its nature of business (SIC 2007) is manufacture of other electronic and electric wires and cables (27320), manufacture of other electrical equipment (27900).

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 £22,300,650. Net assets were £14,047,314, down 0.6% on the previous year. Cash at bank and in hand was £4,073,125. Total assets were £20,694,526 and total liabilities £6,014,665. The company had an average of 115 employees. Figures are available for 2 financial years (2023–2024).

How does it compare with similar companies?

Compared with 363 active companies whose first SIC code is 27320: By turnover it ranks higher than 81% of the 37 that publish turnover (median £13,425,763). By net assets it ranks higher than 95% of them (median £98,967). By total assets it ranks higher than 95% of them (median £304,340). By cash it ranks higher than 96% of them (median £119,214). By number of employees it ranks higher than 98% of them (median 2). It is older than 84% of them (median age 13.7 years).

Does it supply the public sector?

The company is named as the supplier in one public contract award notice, from UK Research and Innovation. Contracts awarded to it alone have a combined published value of £11.8k.

What do public registers and reports show?

HMRC lists it as an importer of goods, mainly electrical equipment, copper, iron and steel. HMRC lists it as an exporter of goods, mainly electrical equipment, wood, machinery.

Who runs and controls the company?

One person with significant control is registered. 1 of 5 registered charges are outstanding.

When are its next filings due?

The next accounts are due by 31 Dec 2026. The next confirmation statement is due by 6 Feb 2027.

Filed accounts2023–2024
2023 †2024 †
Turnover20,509,00222,300,650
Profit for the year5,684,651—
Cash at bank and in hand5,110,1604,073,125
Total assets22,413,20920,694,526
Total liabilities7,703,0616,014,665
Net assets / total equity14,135,53014,047,314
Average number of employees113115

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.

Public contracts

1 contract

HYDRO GROUP LIMITED is named as a supplier in 1 public contract award notice from UK Research and Innovation. Its published value is £11.8k.

Contract
  1. CSP25526 - Mooring cable‡UK Research and Innovation · £11,756

From contract award notices on Contracts Finder (since 2016) and Find a Tender (since 2021), published by the Cabinet Office under the Open Government Licence v3.0. Values are as published by the buyer and usually cover the whole contract term; the total leaves out awards shared between several suppliers, where the published figure is a ceiling for all of them, placeholder values and single figures of £1 billion or more. Notices marked ‡ do not state a company number and were linked by an exact match on the registered name. Contracts below the publication thresholds and those of devolved buyers that publish elsewhere are not included.

Registers and licences

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: electrical equipment, copper, iron and steel, paints, dyes and inks and plastics.

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

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

6 events
  1. Financial year 2024 endedAccounts: turnover £22.3m, net assets £14m, 115 employees
  2. Financial year 2023 endedAccounts: turnover £20.5m, net assets £14.1m, 113 employees
  3. Tpc Ukco Limited registered as a person with significant control
  4. Mr Douglas James Whyte ceased to be a person with significant control
  5. Mr Douglas James Whyte registered as a person with significant control
  6. 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.