Company No: 14134867 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2024		2023
		£		£
Current assets
Debtors	3	252,520		191,572
Cash at bank and in hand		257,368		73,037
		509,888		264,609
Creditors: amounts falling due within one year	4	( 669,729)		( 432,362)
Net current liabilities		(159,841)		(167,753)
Total assets less current liabilities		(159,841)		(167,753)
Net liabilities		( 159,841)		( 167,753)
Capital and reserves
Called-up share capital	5	100		100
Profit and loss account		( 159,941 )		( 167,853 )
Total shareholder's deficit		( 159,841)		( 167,753)

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Pavigym UK Limited (registered number: 14134867) were approved and authorised for issue by the Director on 24 September 2025. They were signed on its behalf by:

Mr M Penat Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Pavigym UK Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Centenary House Peninsula Park, Rydon Lane, Exeter, EX2 7XE, United Kingdom. The principal place of business is C/Rio Júcar, Num 1, Centro Avanzado de Empresas NOBO, 2nd Floor, Office C19, 03007, Alicante, Spain.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The company is reliant on continued financial support from its immediate parent company, Protective Comfort Group, S.L. It has been confirmed that this support will be provided for a period of at least twelve months from the approval of these financial statements.

The director is satisfied that with the confirmed financial support from Protective Comfort Group, S.L. the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer. Turnover from the sale of goods is recognised when the goods are dispatched.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.

Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.

Other basic financial liabilities are measured at amortised cost.

2. Employees

	2024		2023
	Number		Number
Monthly average number of persons employed by the Company during the year, including the director	1		1

3. Debtors

	2024		2023
	£		£
Trade debtors	241,845		178,469
Prepayments	560		0
Retentions receivable	7,919		13,103
Other debtors	2,196		0
	252,520		191,572

4. Creditors: amounts falling due within one year

	2024		2023
	£		£
Trade creditors	1,049		11,824
Amounts owed to Group undertakings	476,351		251,523
Accruals and deferred income	104,143		73,576
CIS withheld	0		2,102
Other taxation and social security	84,803		89,991
Other creditors	3,383		3,346
	669,729		432,362

5. Called-up share capital

	2024		2023
	£		£
Allotted, called-up and fully-paid
100 Ordinary shares of £ 1.00 each	100		100

6. Audit Opinion

The auditor's report on the accounts for the financial year ended 31 December 2024 was unqualified.

The audit report was signed by Robert Deare on behalf of Francis Clark LLP.

7. Ultimate controlling party

Parent Company:

Pavigym PRAMA S.L.

C/Rio Júcar, Num 1 Centro Avanzado de Empresas NOBO 2nd Floor, Office C19 03007 - Alicante Spain

Pavgiym PRAMA S.L. has a 100% holding in Pavigym UK Limited.