Hydratight

Hydratight is a manufacturer of mechanical products for fastening, connecting and lifting mechanical structures and pipelines. It offers torque and tension bolting equipment, on-site machining solutions, clamp products, power consoles, bolt load monitoring, aerospace products, ancillary products, rental solutions, and related software. The company serves the oil and gas, subsea, nuclear, wind, mining, and aerospace industries.

Employee Rating

3.4More
TypeSubsidiary
Parent CompanyEnerpac Tool Group
HQWednesbury, GB
Founded1901
Websitehydratight.com
Cybersecurity ratingAMore
Hydratight was founded in 1901 and is headquartered in Wednesbury, GB

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Key People/Management at Hydratight

Mark Brenon

Mark Brenon

Vice President of North America Operations
Paul O'Connell

Paul O'Connell

Senior Commercial Director
Paul Harrison

Paul Harrison

Commercial Director Service UK and Scandinavia
Steve Earney

Steve Earney

Director - Service Sales, North America
Alexander Batrashkin

Alexander Batrashkin

General Manager, Australasia
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Hydratight Office Locations

Hydratight has offices in Wednesbury, Dyce, Morpeth, Antigo and in 19 other locations
Wednesbury, GB (HQ)
Bentley Rd S
Dyce, GB
Unit 8 Kirkhill Pl
Morpeth, GB
5 Coopies Field, Coopies Way
Hassi Messaoud, DZ
PO Box 988, Irara - Route de In-Amenas
Jandakot, AU
3 Orion Rd
Baku, AZ
Shikov District, Salyan Highway 13 km, RSL Building, 1st Floor
Show all (24)

Hydratight Financials and Metrics

Summary Metrics

Founding Date

1901
Hydratight is a subsidiary of Enerpac Tool Group

Hydratight Revenue

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Hydratight's revenue was reported to be £60.44 m in FY, 2018
GBPFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

61.5m44.0m70.6m57.5m60.4m

Cost of goods sold

35.2m31.6m43.9m39.9m36.6m

Gross profit

26.2m12.4m26.7m17.6m23.8m

Gross profit Margin, %

43%28%38%31%39%
GBPFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

229.0k107.0k955.0k5.8m17.0k

Accounts Receivable

10.4m11.0m30.6m11.5m14.8m

Inventories

3.8m2.9m2.9m3.9m3.8m

Current Assets

72.6m78.9m99.1m77.5m75.6m
GBPFY, 2014

Financial Leverage

1.9 x
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Hydratight Cybersecurity Score

Cybersecurity ratingPremium dataset

A

92/100

SecurityScorecard logo

Hydratight Online and Social Media Presence

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Hydratight Blogs

Hydratight MORSEAL Riser Repair for Shell Nelson

On-line pipeline repair specialist, Hydratight, has installed two MORSEAL enclosure clamps on the outer diameter of a riser connected to the Shell Nelson platform in the Nelson field located 80km north east of Aberdeen. These are the first MORSEAL installations for Shell in the North Sea. …

Four safety critical nuclear reactor parts you should be paying attention to

25 June 2019 Nuclear safety has recently returned to mainstream culture via the popular HBO mini-series Chernobyl. The show dramatizes the 1986 nuclear disaster where a steam explosion …

Online Pipeline Repair Service Cuts Production Downtime

Hydratight, an Enerpac brand, announces speciality service products for the online repair of corroded or damaged pipelines/pipes and flanges. For the first time, upstream and downstream plant operators have a single source for permanent and temporary pipe and flange repairs, avoiding unscheduled dis…

Hydratight Frequently Asked Questions

  • When was Hydratight founded?

    Hydratight was founded in 1901.

  • Who are Hydratight key executives?

    Hydratight's key executives are Mark Brenon, Paul O'Connell and Paul Harrison.

  • How many employees does Hydratight have?

    Hydratight has 1,104 employees.

  • What is Hydratight revenue?

    Latest Hydratight annual revenue is £60.4 m.

  • What is Hydratight revenue per employee?

    Latest Hydratight revenue per employee is £54.7 k.

  • Who are Hydratight competitors?

    Competitors of Hydratight include GF Machining Solutions, Carer Forklift and CGR International.

  • Where is Hydratight headquarters?

    Hydratight headquarters is located at Bentley Rd S, Wednesbury.

  • Where are Hydratight offices?

    Hydratight has offices in Wednesbury, Dyce, Morpeth, Antigo and in 19 other locations.

  • How many offices does Hydratight have?

    Hydratight has 24 offices.