What is this company?

In Administration status, founded 8 years ago, 47 employees, revenue range: 1m-15m, virtual address, 1 director, 1 owner, located in Edinburgh. Regular importer of drive-axles with differentials, various miscellaneous parts, screw compressors, complete steering systems, electronic gas or smoke analyzers (15.0 months imported). Regular exporter of safety valves made of cast iron or steel, rectifiers, retail tool sets, medium air or gas equipment, extra-large air or gas equipment (5.0 months exported). Operates in the processing & manufacturing, the vehicles, the parts and accessories, the motor vehicles, the electrical and electronic equipment industries.

Who owns this company?

Waheed Abdul owns this company. The list of owners was changed five years ago. It is not exhaustive, as only owners with more than twenty five percent of shares are published.

Who are the directors of this company?

Khursheed Jawad is the directors of this company. The list of directors was changed eight months ago.

When was this company founded?

The company was incorporated eight years ago on September 13, 2017.

Where is this company based?

The registration address is EH3 7LA, Edinburgh, 8 Walker Street. The address is virtual address as fifty one companies registered at the address.

What are the previous names of this company?

The company was previously Hv Systems Ltd.

What does this company import to the UK?

The top import category of the regular importer company is Drive-axles with differentials, Various miscellaneous parts, Screw compressors, Complete steering systems, Electronic gas or smoke analyzers, imported for 15.0 months. The last import operation was made on July 01, 2024.

What does this company export from the UK?

The top export category of the regular exporter company is Safety valves made of cast iron or steel, Rectifiers, Retail tool sets, Medium air or gas equipment, Extra-large air or gas equipment, exported for 5.0 months. The last export operation was made on June 01, 2024.

Which countries does this company export to?

The company exports to Germany, Norway, and Ukraine. (non-official data, calculated by Corpsignals)

Which countries does this company import from?

The company imports from Belgium, China, France, Germany, Hungary, Italy, Japan, Netherlands, Poland, Taiwan, and United States. (non-official data, calculated by Corpsignals)

Which ports does this company use for trade?

The company uses the following ports for trade: Aberdeen Airport, Aberdeen Docks, Belfast Airport, Dover, Dover / Eurotunnel, East Midlands Airport, Eurotunnel, Felixstowe, Harwich, Hull, London, London Heathrow Airport, London Stansted Airport, and Southampton. (non-official data, calculated by Corpsignals)

What type of transport does this company use for trade?

The company uses Air transport, Road transport, Roll on Roll off (RORO), and Sea transport (not vehicle on ferry) for trade. (non-official data, calculated by Corpsignals)

What does this company do?

The company operates in the processing & manufacturing, the vehicles, the parts and accessories, the motor vehicles, the electrical and electronic equipment industries.

How big is this company?

It's a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The last reported current assets is £1,010,872.

Can I trust this information?

CorpSignals sources its data from UK government records including Companies House and HMRC trade data. Data is updated every 24 hours. While we ensure accuracy through automated validation, please refer to original government sources for legal or compliance purposes.

Hydrogen Vehicle Systems Ltd

In Administration

Small

8 years

47 employees

£1,010,872 (cur assets)

1m-15m

Regular importer

Regular exporter

Virtual address

1 director

1 owner

Edinburgh

Field of Operation

Manufacture of other parts and accessories for motor vehicles

29320 2780 companies

Manufacture of electrical and electronic equipment for motor vehicles and their engines

29310 649 companies

Manufacture of motor vehicles

29100 1301 companies

Website

hvs.co.uk↗

Social media

linkedin↗ instagram↗ facebook↗ youtube↗

Summary

Hydrogen Vehicle Systems Ltd, based in Glasgow, UK, is a small holding company with an active status, founded seven years ago in 2017. Employing 47 people, the company holds £1,010,872 in assets and operates from a real address at Park View House. Two directors and three owners (though the list is not exhaustive) manage the business. The company regularly imports electrical machinery and equipment (21 months of activity) and exports machinery, boilers, and mechanical appliances (3 months).

The company’s activities center around the manufacture of motor vehicles, electrical and electronic equipment for vehicles, and related parts and accessories. It also owns several related companies including Heavy Vehicle Systems Limited, Green Vehicle Systems Limited, Battery Vehicle Systems Limited, Hydrogen Vehicles Limited, and Hv Systems Limited. A previous name for the company was Hv Systems Ltd.

Financially, Hydrogen Vehicle Systems Ltd presents a mixed picture. Current assets have significantly decreased by 91%, dropping to £1,000,000, while net assets have plummeted 90%, reaching just £290,000. Bank borrowings have completely vanished, dropping 100% to zero, and cash reserves have fallen a dramatic 98%, leaving just £120,000. Creditors have also increased substantially, rising 290% to £5,100,000. Trade debtors have decreased by 78%, suggesting better debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the sharp decline in equity is concerning. No auditor is mentioned, likely due to the company’s small size and exemption from an audit.

The significant decrease in cash reserves and the increase in creditors suggest the company may be burning through money, though it’s difficult to say for sure without more detailed information. The directors changed five months ago, which could indicate a shift in strategy or management, and it’s possible the company is trying to improve its financial position.

Registered in Scotland under the registration number SC576231, with a registered address at EH3 7LA, Edinburgh, 8 Walker Street.

WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.

Owners & PSC

Waheed Abdul

5 years

25%+

Managers

Khursheed Jawad

5 years

Company director

Last reports

Download the last financial report

Download the last confirmation report

* may contain a full shareholder list

Last news

2026-04-29 Latest
Administrator's progress report
2025-11-05
Approval of administrator’s proposals
2025-10-22
Registered office address changed from 8 Walker Street Edinburgh EH3 7LA to 8 Walker Street Edinburgh EH3 7LA on 2025-10-22

Importer profile by HS codes

Click on the map to see detailed UK statistics on HS code, including companies list.

Import HS codes in detail

8501 8501-Electric motors Devices that convert electricity into motion, used in appliances or machinery 1 months, last: 2023-10-01

8504 8504-Electrical transformers and converters Devices like transformers, rectifiers, and inductors used to change electrical voltage or current 4 months, last: 2024-02-01

8506 8506-Primary cells and batteries Non-rechargeable batteries and cells, including all types like manganese dioxide, lithium, and silver oxide 2 months, last: 2024-06-01

8507 8507-Electric accumulators Rechargeable batteries and their parts, including separators, used in various devices 2 months, last: 2024-02-01

8512 8512-Vehicle lighting and signalling equipment Includes lights, signals, and safety devices like wipers and defrosters for cars, bikes, and other vehicles. Excludes items like burglar alarms 1 months, last: 2024-05-01

8528 8528-Monitors and projectors Screens and projectors for displaying images, not including TV receivers 1 months, last: 2024-02-01

8533 8533-Electrical resistors, including rheostats and potentiometers, but not heating resistors All types of electrical resistors used in circuits, such as fixed and variable resistors, except those designed for heating purposes 3 months, last: 2024-03-01

8537 8537-Electric control panels and distribution boards Electric control panels and distribution boards with two or more devices for controlling or distributing electricity. These may include instruments or devices from Chapter 90 and numerical control systems, but not switching devices from heading 8517 1 months, last: 2024-01-01

8543 8543-Electrical machines with special functions Machines and devices that perform specific electrical tasks, not covered elsewhere 2 months, last: 2024-06-01

8544 8544-Insulated wires and cables Wires, cables, and optical fibers, insulated or fitted with connectors 2 months, last: 2023-12-01

Last imported products

Click on items to see detailed UK statistics on HS code, including companies list.

* Warning: Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.

Exporter profile by HS codes

Click on the map to see detailed UK statistics on HS code, including companies list.

Export HS codes in detail

Last exported products

Click on items to see detailed UK statistics on HS code, including companies list.

* Warning: Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.

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