Company Overview
Hydrasun Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Monday 29 March 1976, so this is a well established company. Hydrasun Limited has been in business for 50 years. The accounts status is group and the accounts are next due on Wednesday 31 December 2025.
Registered Address

Gateway Business Park, Moss Road, Aberdeen, AB12 3GQ
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Companies House Data
Company NameHYDRASUN LIMITED
Company NumberSC059688
Registered Office AddressGateway Business Park
 Moss Road
 AB12 3GQ
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date29/03/1976
Accounting Reference Date Day31
Accounting Reference Date Month12
Accounts Next Due Date30/09/2026
Accounts Last Made Up Date31/12/2024
Accounts Account CategoryGROUP
Returns Next Due Date15/02/2017
Returns Last Made Up Date18/01/2016
Directors & Members
Show Resigned
Robert Drummond - Director
(British, 71 years old, born September 1955)
Appointed 20 August 2002
 Active
Stuart Gardiner - Director
(British, 50 years old, born November 1976)
Appointed 08 January 2019
 Active
Alan Graham - Director
(British, 51 years old, born February 1975)
Appointed 17 November 2021
 Active
Steven Harris - Director
(British, 52 years old, born May 1974)
Appointed 15 May 2015
 Active
Ian Logie - Director
(British, 45 years old, born May 1981)
Appointed 05 January 2024
 Active
Christopher Mearns - Director
(British, 57 years old, born October 1969)
Appointed 01 May 2024
 Active
Colin Milne - Director
(British, 52 years old, born October 1974)
Appointed 08 January 2019
 Active
Stuart Mitchell - Director
(British, 59 years old, born February 1967)
Appointed 05 January 2024
 Active
Craig Sangster - Director
(British, 58 years old, born March 1968)
Appointed 03 November 2006
 Active
Carole Small - Director
(British, 52 years old, born April 1974)
Appointed 01 May 2024
 Active
Neil Thompson - Director
(British, 53 years old, born January 1973)
Appointed 23 July 2008
 Active
Secretaries
Show Resigned
Other Company Directorships
Robert Drummond
CLAN CANCER SUPPORT
D2ZERO LIMITED
DRUMDEAL LIMITED
FUEL CELL SYSTEMS LTD
HGEN2 ENERGY VENTURES LIMITED
HGEN2 LIMITED
HIGHLAND COMPONENTS LIMITED
HYDRASUN (CASPIAN SEA) LIMITED
HYDRASUN ACQUISITIONS LIMITED
HYDRASUN FINANCE LIMITED
HYDRASUN HOLDINGS LIMITED
HYDRASUN IFP LIMITED
KELTON ENGINEERING LIMITED
LEDGE 826 LIMITED
NEVISMOUNT LIMITED
NEXOS SOLUTIONS LIMITED
SPRINGBOARD UK MIDCO 1 LTD
SPRINGBOARD UK MIDCO 2 LTD
SPRINGBOARD UK TOPCO LTD
THE UK OFFSHORE ENERGIES ASSOCIATION LIMITED
VALVES & CONTROLS SCOTLAND LIMITED
Stuart Gardiner
No companies found
Alan Graham
No companies found
Steven Harris
No companies found
Ian Logie
No companies found
Christopher Mearns
FUEL CELL SYSTEMS LTD
Colin Milne
No companies found
Stuart Mitchell
No companies found
Craig Sangster
HYDRASUN IFP LIMITED
Carole Small
PARRY'S PREMIUM SERVICES LTD
Neil Thompson
HYDRASUN (CASPIAN SEA) LIMITED
LEDGE 826 LIMITED
Balance Sheet Unlock full report
Accounts Date 31-Dec-2024 31-Mar-2016 31-Mar-2015
Balance Sheet
Fixed Assets 61,425,000 61,425,000 54,763,000
Current Assets 37,129,000 37,129,000 48,029,000
Creditors Due Within One Year 11,928,000 11,928,000 15,399,000
Working Cap 25,201,000 25,201,000 32,630,000
Total Assets Less Current Liabilities 86,626,000 86,626,000 87,393,000
Long-term Liabilities 990,000 990,000 842,000
Net Assets 85,636,000 85,636,000 86,551,000
Share Capital & Reserves
Share Cap 120,000 120,000 120,000
Profit & Loss Reserves 85,386,000 85,386,000 86,301,000
Other Reserves 130,000 130,000 130,000
Shareholders Funds 85,636,000 85,636,000 86,551,000
Common Size Financial Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Mar-2016 31-Mar-2015
Tangible Fixed Assets - - -
Fixed Assets 62.3% 62.3% 53.3%
Stocks Inventory 17.1% 17.1% 21.4%
Debtors 11.4% 11.4% 18.9%
Cash Bank In Hand 6.2% 6.2% 4.7%
Current Assets 37.7% 37.7% 46.7%
Creditors Due Within One Year 12.1% 12.1% 15.0%
Net Current Assets Liabilities 25.6% 25.6% 31.7%
Creditors Due After One Year 1.0% 1.0% 0.8%
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability 86.9% 86.9% 84.2%
Called Up Share Capital 0.1% 0.1% 0.1%
Share Capital Allotted Called Up Paid 0.1% 0.1% 0.1%
Profit Loss Account Reserve 86.6% 86.6% 84.0%
Shareholder Funds 86.9% 86.9% 84.2%
Capital Employed - - -
Total Assets Less Current Liabilities 87.9% 87.9% 85.0%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Mar-2016 31-Mar-2015
Liquidity Ratio 3.1 3.1 3.1
Solvency Ratio 7.6 7.6 6.3
Reserves to Assets 0.9 0.9 0.8
Secured Creditors Unlock full report
Mortgages Charges 19
Mortgages Outstanding 1
Mortgages Part Satisfied 0
Mortgages Satisfied 18
Assets and Debt Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Mar-2016 31-Mar-2015
Assets 98,554,000 98,554,000 102,792,000
Debt 12,918,000 12,918,000 16,241,000
Net Assets/Debt 85,636,000 85,636,000 86,551,000

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet indicates the net assets of a good sized company. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet indicates the net assets of a good sized company. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet indicates the net assets of a good sized company. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due		 Paid After
30 days due		 Owing Before
30 days due		 Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.
Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
Other Business around AB12 3GQ
NEVISMOUNT LIMITED
5th Floor, 130 St. Vincent Street, Glasgow, AB12 3GQ
OIL STATES INDUSTRIES (UK) LIMITED
SITE E6, MOSS ROAD, GATEWAY BUSINESS PARK, NIGG, ABERDEEN, AB12 3GQ
LEDGE 826 LIMITED
319 St. Vincent Street, Glasgow, AB12 3GQ
CORETRAX TECHNOLOGY LIMITED
LION HOUSE DYCE AVENUE, DYCE, ABERDEEN, AB12 3GQ
DRUMDEAL LIMITED
319 St. Vincent Street, Glasgow, AB12 3GQ
OIL STATES INDUSTRIES UK 2 LIMITED
Site E6, Moss Road Gateway Business Park, Nigg, Aberdeen, AB12 3GQ
Document Filings
Consolidated accounts of parent company for subsidiary company period ending 31/12/24
Confirmation statement made on 28 October 2025 with updates
Notice of agreement to exemption from audit of accounts for period ending 31/12/24
Audit exemption statement of guarantee by parent company for period ending 31/12/24
Termination of appointment of Gary John Doherty as a director on 15 November 2024
Termination of appointment of Gary John Doherty as a secretary on 15 November 2024
Confirmation statement made on 28 October 2024 with updates
Cessation of Natwest Fis Nominees Limited as a person with significant control on 4 October 2024
Change of details for Hgen2 Limited as a person with significant control on 4 October 2024
Satisfaction of charge SC0596880018 in full
Satisfaction of charge SC0596880019 in full
Registration of charge SC0596880020, created on 3 October 2024
Current accounting period shortened from 31 March 2025 to 31 December 2024
Appointment of Miss Carole Anne Small as a director on 1 May 2024
Appointment of Mr Christopher Andrew Mearns as a director on 1 May 2024
Appointment of Mr Stuart Mitchell as a director on 5 January 2024
Appointment of Mr Ian Logie as a director on 5 January 2024
Confirmation statement made on 28 October 2023 with no updates
Confirmation statement made on 28 October 2022 with updates
Notification of Hgen2 Limited as a person with significant control on 11 February 2022
Cessation of Hydrasun Group Ltd as a person with significant control on 11 February 2022
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