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02117413falsethe design and supply of products to battery related user markets2024-01-012024-12-31http://www.companieshouse.gov.uk/2023-12-31http://www.companieshouse.gov.uk/cd:CompanySecretary12024-01-012024-12-31http://www.companieshouse.gov.uk/pt:PlantMachinery2023-12-31http://www.companieshouse.gov.uk/pt:ShareCapital2023-12-31http://www.companieshouse.gov.uk/cd:Director12024-01-012024-12-31http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2023-12-31http://www.companieshouse.gov.uk/pt:PlantMachinery2024-12-31http://www.companieshouse.gov.uk/pt:ShareCapital2024-12-31http://www.companieshouse.gov.uk/cd:Director22024-01-012024-12-31http://www.companieshouse.gov.uk/pt:FurnitureFittings2023-12-31http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2024-12-31http://www.companieshouse.gov.uk/cd:Director32024-01-012024-12-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2023-12-31http://www.companieshouse.gov.uk/pt:FurnitureFittings2024-12-31http://www.companieshouse.gov.uk/pt:DevelopmentCostsCapitalisedDevelopmentExpenditure2023-12-31http://www.companieshouse.gov.uk/cd:Director42024-01-012024-12-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12024-01-012024-12-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2024-12-31http://www.companieshouse.gov.uk/pt:PatentsTrademarksLicencesConcessionsSimilar2023-12-31http://www.companieshouse.gov.uk/pt:DevelopmentCostsCapitalisedDevelopmentExpenditure2024-12-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2024-01-012024-12-31http://www.companieshouse.gov.uk/pt:PatentsTrademarksLicencesConcessionsSimilar2024-12-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2024-01-012024-12-31http://www.companieshouse.gov.uk/pt:DevelopmentCostsCapitalisedDevelopmentExpenditure2024-01-012024-12-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-12-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-12-31http://www.companieshouse.gov.uk/2024-01-012024-12-31http://www.companieshouse.gov.uk/2023-12-31http://www.companieshouse.gov.uk/cd:FRS1022024-01-012024-12-31http://www.companieshouse.gov.uk/2024-12-31http://www.companieshouse.gov.uk/cd:FullAccounts2024-01-012024-12-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2024-01-012024-12-31iso4217:GBPxbrli:sharesxbrli:pure


Registered number: 02117413






P.E. Systems Limited


ACCOUNTS

FOR THE YEAR ENDED 31/12/2024


ACCOUNTS
FOR THE YEAR ENDED 31/12/2024





DIRECTORS
NICOLA JONES
ANOUSKA GEE
MARK WILSON
JULIE NUTTALL



SECRETARY
Nicola Jones


REGISTERED OFFICE
Unit 2 Hindley Green Business Park
Hindley Green
Wigan
Lancs
WN2 4TN


COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 02117413


ACCOUNTS
FOR THEYEARENDED31/12/2024



CONTENTS



		Page

Directors' Report		-

Statement Of Comprehensive Income		-

Balance Sheet		3

Notes To The Accounts		5


The following do not form part of the statutory financial statements:

Trading And Profit And Loss Account		-

Profit And Loss Account Summaries		-


BALANCE SHEET AT 31/12/2024

			2024		2023
	Notes		£		£

FIXED ASSETS
Intangible assets	2		406,169		428,815
Tangible assets	3		818,226		694,875
Investment Assets	4		25,000		25,000

			1,249,395		1,148,690

CURRENT ASSETS
Stock		1,422,840		1,014,255
Debtors	6	1,908,524		1,338,295
Cash at bank and in hand		247,567		385,847
		3,578,931		2,738,397
CREDITORS: Amounts falling due within one year	7	3,263,287		2,619,090
NET CURRENT ASSETS			315,644		119,307
TOTAL ASSETS LESS CURRENT LIABILITIES			1,565,039		1,267,997


CREDITORS: Amounts falling due after more than one year	8		109,995		10,929


PROVISIONS FOR LIABILITIES AND CHARGES	10		71,609		104,739

NET ASSETS			1,383,435		1,152,329

CAPITAL AND RESERVES

Called up share capital	11		1,000		1,000
Other reserves	12		340,320		330,320
Profit and loss account			1,042,115		821,009
SHAREHOLDERS' FUNDS			1,383,435		1,152,329


BALANCE SHEET AT 31/12/2024

For the year ending 31/12/2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.

Approved by the board on 26/09/2025 and signed on their behalf by



.............................
NICOLA JONES
Director




1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .




1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Plant and Machinery		straight line 10/25%
Commercial Vehicles		straight line 25%
Fixtures and Fittings		straight line 25%
Equipment		straight line 25%




1c. Investment Properties

Investment properties are included in the financial statements at open market value. No depreciation is provided on such property in compliance with the Financial Reporting Standard for Smaller Entities. This departure from Companies Act requirements is necessary to show a true and fair view.




1d. Intangible Assets
Development expenditure is normally written off in the year of expenditure, however expenditure incurred on specific projects is capitalised when recoverability can be foreseen with reasonable certainty and is amortised in relation to sales from such projects.




1e. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.




1f. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.




1g. Foreign Currency
Transactions in currencies, other than the functional currency of the company, are recorded at the rate of the exchange on the date the transaction occurred. Monetary items denominated in other currencies are translated at the rate prevailing at the end of the reporting period. All differences are taken to the profit and loss account. Non-monetary items that are measured at the historic cost in a foreign currency are not retranslated.




1h. Investments
Fixed asset investments are shown at cost less amounts written off.
Provisions are made for permanent fluctuations in value.




2. INTANGIBLE FIXED ASSETS

	Development	Software
	Costs		Total
	£	£	£
Cost
At 01/01/2024	753,346	107,521	860,867
Additions	28,895	8,225	37,120
At 31/12/2024	782,241	115,746	897,987
Depreciation
At 01/01/2024	424,623	7,429	432,052
For the year	38,718	21,048	59,766
At 31/12/2024	463,341	28,477	491,818
Net Book Amounts
At 31/12/2024	318,900	87,269	406,169
At 31/12/2023	328,723	100,092	428,815




3. TANGIBLE FIXED ASSETS

	Plant and	Commercial	Fixtures
	Machinery	Vehicles	and Fittings	Equipment	Total
	£	£	£	£	£
Cost
At 01/01/2024	396,873	132,351	284,907	179,228	993,359
Additions	116,860	55,375	2,355	14,310	188,900
Disposals	(29,500)	(15,416)	-	-	(44,916)
At 31/12/2024	484,233	172,310	287,262	193,538	1,137,343
Depreciation
At 01/01/2024	356,204	104,791	204,783	142,706	808,484
Disposals	(29,500)	(15,416)	-	-	(44,916)
For the year	11,768	28,812	30,997	3,972	75,549
At 31/12/2024	338,472	118,187	235,780	146,678	839,117
Net Book Amounts
At 31/12/2024	145,761	54,123	51,482	46,860	298,226
At 31/12/2023	40,669	27,560	80,124	36,522	184,875
Included within the net book value of £298,226 is £166,338 (2023: £27,560) relating to assets under hire purchase agreements. The depreciation charged to the financial statements in the year in respect of such assets amounts to £31,747 (2023: £14,262).




5. STOCK	2024	2023
	£	£
Stock comprises:

Stock	1,132,713	844,255
Work in progress	290,127	170,000
	1,422,840	1,014,255




6. DEBTORS	2024	2023
	£	£
Amounts falling due within one year
Trade debtors	1,423,294	819,272
Other debtors	23,077	14,903
Amounts due from group companies	386,974	411,149
Prepayments	68,989	83,705
Accrued income	6,190	9,266
	1,908,524	1,338,295




7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
	2024	2023
	£	£
UK corporation tax	212,156	85,597
VAT	104,552	193,793
Salaries and wages control	54,056	44,594
Hire purchase	43,486	11,292
Trade creditors	1,528,075	1,070,995
Other creditors	1,089,947	1,073,446
Accruals	231,015	139,373
	3,263,287	2,619,090

HP agreements are secured over the assets to which they relate.




9. EMPLOYEES

	2024	2023
	No.	No.
Average number of employees	54	48




4. FINANCIAL ASSETS

	Shares in group companies
	and participating interests	Total
	£	£
Cost
At 01/01/2024	50,002	50,002
At 31/12/2024	50,002	50,002
Amortisation
At 01/01/2024	25,002	25,002
At 31/12/2024	25,002	25,002
Net Book Amounts
At 31/12/2024	25,000	25,000
At 31/12/2023	25,000	25,000
The amounts written off the above investment relate to impairment losses. The company owns 100% of the issued share capital of Alpha Sheet Metal (North) Limited.
The company's voting rights in respect of the subsidiary are held in the same proportion as the company's share of the ordinary share capital of the subsidiary. The company is registered in England and Wales.
The aggregate capital and reserves of Alpha Sheet Metal (North) Ltd at 31 December 2024 were -£453,825 (2023: -£479,851), the profit/(loss) for the financial year is £26,026 (2023: £-69,887).




8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
	2024	2023
	£	£
Hire purchase >1yr	109,995	10,929
	109,995	10,929

HP agreements are secured over the assets to which they relate.




10. PROVISIONS FOR LIABILITIES	2024	2023
	£	£
Deferred taxation	71,609	39,953
Other provisions	-	64,786
	71,609	104,739


Other provisions relate to rebates owed to customers, which is based on the percentage of sales in the financial year.




11. SHARE CAPITAL	2024	2023
	£	£
Allotted, issued and fully paid:
1000 Class A shares of £1 each	1000	1000
	1,000	1,000




12. OTHER RESERVES	2024	2023
	£	£
Non-distributable reserve	340,320	330,320
	340,320	330,320

This reserve is used to record increases in the fair value of investment properties and decreases to the extent that such decreases relates to the same asset.




13. CONTROLLING PARTY
The company was under the control of its directors, who controlled the whole of the company's issued ordinary share capital throughtout the whole of the year and the previous year.