{"name":"HYSPEC ENGINEERING LIMITED","company_number":"SC371408","status":"Active","type":"Private Limited Company","incorporated":"2010-01-19","dissolved":null,"registered_office":"HYSPEC ENGINEERING, Rigg Street, Stewarton, Ayrshire, KA3 5AJ","postcode":"KA3 5AJ","sic_codes":[{"code":24200,"description":"Manufacture of tubes, pipes, hollow profiles and related fittings, of steel"}],"principal_activity":"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.","previous_names":[{"name":"J-FIX PRECISION ENGINEERING LIMITED","changed_on":"2010-03-19"},{"name":"HMS (815) LIMITED","changed_on":"2010-02-02"}],"warnings":[],"accounts":{"category":"Full","year_end":"31 December","last_made_up_to":"2025-12-31","next_due":"2027-09-30"},"employees":{"count":60,"accounts_date":"2025-12-31"},"financials":[{"financial_date":"2025-12-31","profit_loss":-57234,"net_assets":-208511,"cash":10031,"average_employees":60},{"financial_date":"2024-12-31","profit_loss":330678,"net_assets":-151277,"cash":72187,"average_employees":66},{"financial_date":"2023-12-31","profit_loss":443088,"net_assets":-481955,"cash":40729,"average_employees":83},{"financial_date":"2022-12-31","net_assets":-925043,"cash":25243},{"financial_date":"2021-12-31","net_assets":251623,"cash":70741}],"officers":{"current":3,"resigned":12,"complete":true,"note":"Names and details of individual officers are on the People page (subscriber-only on this site) and free at Companies House."},"charges":{"total":1,"outstanding":1},"gazette_notices":[],"insolvency_outcome":null,"ai_summary":"Hyspec Engineering Limited is balance sheet insolvent with net liabilities of £208,511, negative working capital, and only £10,031 in cash. The company has been sustained by parent company financial support, with the auditor flagging a material going concern uncertainty. Any credit facility should be declined unless supported by a parent company guarantee from Mohammed [name withheld] LLC and substantial tangible security.","website":"http://hyspecengineering.com","links":{"page":"https://www.companiesintheuk.co.uk/ltd/hyspec-engineering","people":"https://www.companiesintheuk.co.uk/company/hyspec-engineering/people","filing_history":"https://www.companiesintheuk.co.uk/company/hyspec-engineering/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/SC371408","financials":"https://www.companiesintheuk.co.uk/company/hyspec-engineering/financial","control":"https://www.companiesintheuk.co.uk/company/hyspec-engineering/control","charges":"https://www.companiesintheuk.co.uk/company/hyspec-engineering/charges","ai_analysis":"https://www.companiesintheuk.co.uk/company/hyspec-engineering/analysis"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/hyspec-engineering"}