Company Registration No. 04002267 (England and Wales)
Euro Mixers Limited
Unaudited accounts
for the year ended 31 May 2025
Euro Mixers Limited
Unaudited accounts
Contents
Euro Mixers Limited
Company Information
for the year ended 31 May 2025
Directors
Louis Clarke
Matthew Conneely
Company Number
04002267 (England and Wales)
Registered Office
Landmark House
Station Road
Cheadle Hulme
Stockport
Cheshire
SK8 7BS
England
Accountants
Katherine Scott Limited
1 Landseer Drive
Marple Bridge
Stockport
Cheshire
SK6 5BL
Euro Mixers Limited
Statement of financial position
as at 31 May 2025
Tangible assets
3,634
4,562
Inventories
228,369
157,759
Cash at bank and in hand
495,237
1,499,377
Creditors: amounts falling due within one year
(192,252)
(290,175)
Net current assets
798,292
1,662,102
Total assets less current liabilities
801,926
1,666,664
Provisions for liabilities
Net assets
801,236
1,665,798
Called up share capital
600
600
Capital redemption reserve
400
400
Profit and loss account
800,236
1,664,798
Shareholders' funds
801,236
1,665,798
For the year ending 31 May 2025 the company was entitled to exemption from audit 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 22 July 2025 and were signed on its behalf by
Matthew Conneely
Director
Company Registration No. 04002267
Euro Mixers Limited
Notes to the Accounts
for the year ended 31 May 2025
Euro Mixers Limited is a private company, limited by shares, registered in England and Wales, registration number 04002267. The registered office is Landmark House, Station Road, Cheadle Hulme, Stockport, Cheshire, SK8 7BS, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% reducing balance
Fixtures & fittings
20% reducing balance
Computer equipment
25% reducing balance
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 June 2024
16,523
12,608
8,346
37,477
At 31 May 2025
16,523
12,608
8,346
37,477
At 1 June 2024
13,883
10,997
8,035
32,915
Charge for the year
528
322
78
928
At 31 May 2025
14,411
11,319
8,113
33,843
At 31 May 2025
2,112
1,289
233
3,634
At 31 May 2024
2,640
1,611
311
4,562
Euro Mixers Limited
Notes to the Accounts
for the year ended 31 May 2025
Amounts falling due within one year
Trade debtors
225,730
295,141
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2025
2024
Trade creditors
85,174
94,734
Taxes and social security
101,101
93,297
Other creditors
1,726
1,455
Loans from directors
-
95,576
Deferred Consideration - liability of the parent company
Included within creditors due after more than one year of Euromixers Holdings Ltd is the balance of deferred consideration payable to the former shareholders of the Company, as follows:
Deferred consideration payable £1,572,655
The liability is not a creditor of Euro Mixers Ltd, but is secured via a debenture over the assets of Euro Mixers Ltd. Interest at 3.5% per annum will accrue in Euromixers Holdings Ltd from 1 January 2026.
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Louis Clarke
-
16,404
2,000
14,404
Matthew Conneely
-
16,404
2,000
14,404
Loans were provided to the directors of the Company to fund their legal fees incurred due to the management buy out.
9
Transactions with related parties
During the year, the Company was acquired by Euromixers Holdings Ltd as part of a management buyout. Directors of the Company, Matthew Conneely and Louis Clarke, are also shareholders and directors of the acquiring company. The transaction was undertaken on commercial terms, and the deferred consideration is subject to a formal agreement and security arrangements as noted in Note 6 above.
Euro Mixers Limited
Notes to the Accounts
for the year ended 31 May 2025
Acquisition of the Company
On 28th March 2025, the entire issued share capital of the Company was acquired by Euromixers Holdings Ltd as part of a management buyout. The total consideration for the acquisition amounted to £2,692,655, comprising:
£1,120,000 paid in cash on completion; and
£1,572,655 payable by the acquirer via secured deferred consideration over a five-year period as noted in Note 6 above.
11
Average number of employees
During the year the average number of employees was 9 (2024: 9).