Hyspec Engineering Limited
ActiveSC371408ManufacturingIncorporated 19 Jan 2010 · Ayrshire
The principal activity of the company continued to be that of precision engineering, supplying machined parts, kits and assemblies to the oil and gas, steel refractory and automotive sectors.
Revenue
£4.8m
▼ -37.2% vs prior ~12m period
Profit after tax
-£827k
Margin -16.2%
Employees
66
▼ -20.5% vs prior ~12m period
Net assets
-£151k
Total assets £2.2m
Financial history
Revenue by accounting period
7 periods available · ▲ growth ▼ decline
Dec 2018Not available
Dec 2019
£10.3m
Dec 2020
£7.7m▼ -25.1%
Dec 2021
£4.8m▼ -37.2%
Dec 2022Not available
Dec 2023Not available
Dec 2024Not available
| Period end | Revenue | Growth | Profit before tax | Employees | Net assets |
|---|---|---|---|---|---|
| 31 Dec 2024 | — | — | £331k | 66 | -£151k |
| 31 Dec 2023 | — | — | £316k | 83 | -£482k |
| 31 Dec 2022 | — | — | -£1.2m | 89 | -£925k |
| 31 Dec 2021 | £4.8m | ▼ -37.2% | -£827k | 96 | £252k |
| 31 Dec 2020 | £7.7m | ▼ -25.1% | -£402k | 114 | £1.1m |
| 31 Dec 2019 | £10.3m | — | £580k | 107 | £1.4m |
| 31 Dec 2018 | — | — | — | — | £1.9m |
Latest available figures
Period ending 31 Dec 2021. “Not available” means the figure is not in the accounts we hold. We do not estimate missing figures.
Profit & loss
- Revenue
- £4.8m
- Gross profit
- £1.1m
- Operating profit
- -£786k
- Profit before tax
- -£827k
- Profit after tax
- -£827k
Balance sheet
- Total assets
- £2.2m
- Cash
- £72k
- Total liabilities
- £2.3m
- Net assets
- -£151k
- Revenue per employee
- Not available
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