HYDROGEN VEHICLE SYSTEMS LTD
Is HYDROGEN VEHICLE SYSTEMS LTD safe to trade with?
We'd avoid trading with them
Hydrogen Vehicle Systems Ltd shows serious warning signs on the public record, see the watch-outs below. We'd hold off, ask for payment up front, or walk away rather than offer credit.
Our opinion, read from the public record as at 14 Jul 2026, 10:29 BST. See the facts it's based on below.
Financially adequate, net assets of £287,668, but falling.
There is an insolvency event on the public record.
- ✓ 8 years on the register
- ✓ Registered at what looks like a genuine trading address, not a mass-registration mailbox
- ✓ Accounts filed up to date at Companies House
Many suppliers would ask for payment in full up front (pro-forma), or decline the order. If you do proceed, a common approach is to keep your exposure to what you can afford to lose.
General guidance from the public record, not advice on your specific transaction. The decision is yours.
On the public record, we'd see giving Hydrogen Vehicle Systems Ltd credit as high risk. Many suppliers in this position would ask for payment up front, or decline the order. The decision is yours, if you proceed, a common approach is to risk only what you can afford to write off. General guidance from public records, not advice on your deal.
In their favour
- 8 years trading
- Accounts filed up to date
- Strong positive net assets of £287,668 on the last balance sheet
- Net assets have grown across the last 6 years of accounts
- Has filed its accounts on time every year
What the verdict is based on
- Company is currently in administration, do not extend credit
- The company has insolvency history on the public record
- Net assets fell year on year, worth watching the direction of travel
- Current liabilities exceed current assets, a short-term liquidity strain
- In administration from Oct 2025. Insolvency practitioner: Paul Dounis.
- Has changed its registered office 4 times, frequent moves can signal instability
- 6 directors have resigned (vs 1 active), high turnover at a small company can signal instability
- 5 previously dissolved/failed companies among the directors
These are facts from the public record. Verify anything important yourself before you rely on it.
See exactly why, and what to do
HYDROGEN VEHICLE SYSTEMS LTD raised flags. The full report shows you exactly which, whether it's serious, and what terms to offer before you commit:
- Their real financial health from filed accounts (net assets, cash, what they owe)
- The 4 people behind it and their track record across other companies
- Secured debt, ownership, insolvency and address checks
- Suggested trading terms + a dated PDF/CSV to keep on file
One-off, no account needed. Need a few? 3 reports for £7.99, or go unlimited for £15/mo.
Frequently asked questions about HYDROGEN VEHICLE SYSTEMS LTD
Is HYDROGEN VEHICLE SYSTEMS LTD a legitimate registered company?
HYDROGEN VEHICLE SYSTEMS LTD is a company registered at Companies House under number SC576231, incorporated 8 years ago. Being on the register confirms it exists in law; our trade-safety verdict is AVOID - We'd avoid trading with them.
Is HYDROGEN VEHICLE SYSTEMS LTD still trading?
HYDROGEN VEHICLE SYSTEMS LTD is not currently active - its status on the register is 'administration', so it may have stopped trading. Do not extend credit without confirming directly.
Has HYDROGEN VEHICLE SYSTEMS LTD gone bust or insolvent?
The public record shows insolvency activity for HYDROGEN VEHICLE SYSTEMS LTD. Treat it as high risk - ask for payment up front rather than offering credit. See the full report for the detail.
Who owns and runs HYDROGEN VEHICLE SYSTEMS LTD?
Hydrogen Vehicle Systems Ltd is controlled by a parent company, it's part of a wider group. Check the group too. The full report names every director and person with significant control, and checks the other companies they run for a history of failures.
How old is HYDROGEN VEHICLE SYSTEMS LTD?
HYDROGEN VEHICLE SYSTEMS LTD was incorporated on 2017-09-13, making it 8 years old. A limited track record, so check the other signals before extending credit.
Report reference TC-20260714-SC576231 · generated 14 Jul 2026, 10:29 BST · a dated record of your due diligence.
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Sources: Companies House, Companies House (insolvency), Companies House (filed accounts). Contains public sector information licensed under the Open Government Licence v3.0 (© Crown copyright). Our opinion from the public record as at the date shown, not a credit reference, not financial or legal advice. How we use this data.