Hendry Hydraulics Limited
Registered name: HENDRY HYDRAULICS LIMITED
Hendry Hydraulics Limited made £10.8m revenue and £73.7k profit in the year to 31 Mar 2025. read from filing text
Hendry Hydraulics Limited’s revenue grew 2% to £10.8m in the year to 31 Mar 2025, with £73.7k profit and 91 employees. The company is classified under “manufacture of pumps” and is based in Elgin; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Elgin, Scotland
- Age
- 50 yrs · since 1976
- Type
- Private Limited Company
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “The company is ultimately controlled by Mr Michael Hendry who owns 80% of the company's issued share capital.”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2022 | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||||
| Revenue (turnover) | £9.5m | £10.6m | £10.6m | £10.8m |
| Cost of sales | £7.7m | £8.5m | £8.5m | £8.8m |
| Gross profit | £1.8m | £2.1m | £2.1m | £2.1m |
| Operating profit | £26.9k | £136k | £147k | £123k |
| Profit before tax | £26.4k | £125k | £149k | £118k |
| Profit after tax | £9.9k | £76.7k | £105k | £73.7k |
| Profit (best available) | £9.9k | £76.7k | £105k | £73.7k |
| Staff costs | £3.3m | £3.2m | £3.2m | £3.2m |
| Employees (average) | 108 | 99 | 93 | 91 |
| Ratios | ||||
| Profit margin | 0.1% | 0.7% | 1% | 0.7% |
| Gross margin | 19.3% | 20.2% | 19.5% | 19.2% |
| Revenue per employee | £88k | £107k | £114k | £119k |
| Profit per employee | £91 | £775 | £1.1k | £810 |
| Cash conversion | 1981% | 50.2% | −182.5% | −675.8% |
| Growth (year on year) | ||||
| Revenue growth | — | ▲11.5% | ▲0.1% | ▲2.1% |
| Profit growth | — | ▲676.8% | ▲37.1% | ▼29.9% |
| Headcount growth | — | ▼8.3% | ▼6.1% | ▼2.1% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £919k | £731k | £784k | £1.4m |
| Net assets | £5.8m | £5.9m | £6m | £6m |
| Fixed assets | £1.5m | £1.4m | £1.4m | £1.4m |
| Current assets | £6.8m | £7m | £6.9m | £6.8m |
| Debtors | £2.3m | £2.7m | £2.6m | £2.3m |
| Deferred income | £290k | £75.3k | £197k | £230k |
| Cash from operations | £533k | £68.3k | −£268k | −£830k |
| Source | Accounts · bulk data Dec 2023 | Accounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Dec 2025 |
How the business works
- Profit margin
- 0.7%
- Profit ÷ revenue.
- Gross margin
- 19.2%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £119k
- Revenue ÷ average employees.
- Profit per employee
- £810
- Profit ÷ average employees.
- Cash conversion
- −675.8%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 12.9%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 2.1%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 21.5%
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- ▲1%
- Now £6m
- Cash at bank
- ▲72%
- Now £1.4m
- Headcount
- ▼2%
- Now 91
- Deferred income
- ▲16%
- Now £230k
- Fixed assets
- ▼1%
- Now £1.4m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Similar profitable businesses
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- £11.5m
- Profit
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- Staff
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- Hystat Systems LimitedSlaithwaite · Manufacture of pumps
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- Profit
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- Related Fluid Power LimitedMildenhall · Manufacture of pumps
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- Profit
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- Tricel (Portsmouth) LimitedWaterlooville · Manufacture of pumps
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- Dual Pumps LimitedMelton Mowbray · Manufacture of pumps
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- Leybold UK LtdChessington · Manufacture of pumps
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- Profit
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Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £73.7k), from the Companies House accounts bulk data published Dec 2025. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.