ON TIME HYDRAULICS LTD

Company number 11602564 · Active (Active - Proposal to Strike off)

ON TIME HYDRAULICS LTD is a private limited company registered in SHREWSBURY, United Kingdom, incorporated on 3 Oct 2018. Its registered activity is repair of machinery. Its latest published accounts for the period ending 31 Oct 2022 show equity of £647, total assets of £24k. It has filed 4 sets of accounts, 1 of them after the deadline. Our model estimates a 0.00 % probability that it becomes insolvent within 12 months, 0.0 times the average for active companies (low risk).

Insolvency risk, next 12 months

0.00 %
Low risk
Lowest riskHighest risk

Higher than 0 % of active companies in the United Kingdom. 0.0× the average annual insolvency rate (0.12 %).

Raises the risk

Days since last period end3.2×≥ 642 · 0.37 % became insolvent
Accounts filed2.9×3–6 · 0.34 % became insolvent
Current liabilities ÷ assets2.9×0.523499–0.961567 · 0.33 % became insolvent
Current ratio2.4×1.20204–2.65202 · 0.28 % became insolvent
Equity ratio2.4×0.00404851–0.289275 · 0.28 % became insolvent
Accounts overdue2.1×1 · 0.24 % became insolvent

Lowers the risk

Region0.1×SY · 0.01 % became insolvent
Equity (signed log)0.6×0.30103–3.52776 · 0.07 % became insolvent

Each factor compares companies in the same group (for example the same age band) with the average. The score is a statistical estimate from public data (model AUC 0.99, trained 8 Nov 2026), not a credit rating. How it works.

Company details

Company number
11602564 · official register
Status
Active - Proposal to Strike off
Legal form
Private Limited Company
Incorporated
3 Oct 2018 (8 years)
Registered address
SY3 5DQ SHREWSBURY
Postcode area
Shrewsbury
Activity
33120 Repair of machinery
Industry
Repair and installation of machinery
Accounts overdue
Yes

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts GBP

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 Oct 202215 Jul 2023– –£647£24k £15k£6,1091
31 Oct 202115 Jul 2022– –£220£26k £12k£2,3671
31 Oct 202015 Jul 2021– –£12£31k £15k£6,2931
31 Oct 201915 Oct 2020– –£4£6,327 £6,323£6,1721

As published. Small companies often file a balance sheet only, so turnover and result can be missing.

Similar companies in Shrewsbury

Questions about ON TIME HYDRAULICS LTD

What is the company number of ON TIME HYDRAULICS LTD?

ON TIME HYDRAULICS LTD is registered under company number 11602564 in the official register of United Kingdom. View it at the official register.

Is ON TIME HYDRAULICS LTD still active?

Yes. ON TIME HYDRAULICS LTD is registered as active (status: Active - Proposal to Strike off).

Has ON TIME HYDRAULICS LTD gone bankrupt or into insolvency?

No insolvency, bankruptcy or administration is recorded for ON TIME HYDRAULICS LTD in the official data.

How likely is ON TIME HYDRAULICS LTD to become insolvent?

Our model estimates a 0.00 % probability that ON TIME HYDRAULICS LTD becomes insolvent within the next 12 months (low risk). That is higher than 0 % of active companies in the United Kingdom.

When was ON TIME HYDRAULICS LTD founded?

ON TIME HYDRAULICS LTD was incorporated on 3 Oct 2018.

Where is ON TIME HYDRAULICS LTD registered?

ON TIME HYDRAULICS LTD's registered address is in SY3 5DQ SHREWSBURY (Shrewsbury), United Kingdom.

What do the latest accounts of ON TIME HYDRAULICS LTD show?

The latest published accounts (period ending 31 Oct 2022) show equity of £647, total assets of £24k, 1 employees.

Data: Companies House – Free Company Data Product, Accounts Data Product, Public Data API (Contains public sector information licensed under the Open Government Licence v3.0.). Last updated 8 Nov 2026.