Hydrogen Vehicle Systems Ltd
Hydrogen Vehicle Systems Ltd is a in administration company incorporated on 13 September 2017 with the registered office located in Edinburgh, City of Edinburgh. Hydrogen Vehicle Systems Ltd was registered 8 years ago.
Status
In Administration
In administration since 14 days ago
Company No
SC576231
Private limited company
Scottish Company
Age
8 years
Incorporated 13 September 2017
Size
Micro
Turnover is under £1M
Balance sheet is under £500,000
Confirmation
Submitted
Dated 22 July 2025 (3 months ago)
Next confirmation dated 22 July 2026
Due by 5 August 2026 (9 months remaining)
Last change occurred 1 year 3 months ago
Accounts
Submitted
For period 1 Jan ⟶ 31 Oct 2024 (10 months)
Accounts type is Total Exemption Full
Next accounts for period 31 October 2025
Due by 31 July 2026 (9 months remaining)
Shareholders, PSCs & Group Structure
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Mutual Companies
Jawad Khursheed and Ian Stuart Palmer are mutual people.
Active
Brands
Hydrogen Vehicle Systems (HVS) is an OEM focused on designing hydrogen propulsion systems for the trucking industry.
Financials
Net Assets, Total Assets & Total Liabilities (2018–2024)
Period Ended
31 Oct 2024
For period 31 Dec ⟶ 31 Oct 2024
Traded for 10 months
Cash in Bank
£120K
Decreased by £7.46M (-98%)
Turnover
Unreported
Same as previous period
Employees
48
Increased by 1 (+2%)
Total Assets
£39.55M
Increased by £4.35M (+12%)
Total Liabilities
-£39.26M
Increased by £6.89M (+21%)
Net Assets
£288K
Decreased by £2.54M (-90%)
Debt Ratio (%)
99%
Increased by 7.31% (+8%)
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Repayment History
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