METS LABORATORIES UK LTD
Company Information
for the year ended 28 February 2025
Company Number
14636661 (England and Wales)
Registered Office
Unit -1, The Saddlery Narrowboat Way
Hurst Business Park
Brierley Hill
England
DY5 1UF
United Kingdom
Accountants
SJ TAXATION AND ACCOUNTANTS LTD
66 FAIRWAYS
FULWOOD
PRESTON
LANCASHIRE
PR2 8FY
METS LABORATORIES UK LTD
Statement of financial position
as at 28 February 2025
Cash at bank and in hand
4,857
40,000
Creditors: amounts falling due within one year
(22,479)
-
Net current (liabilities)/assets
(16,408)
40,000
Total assets less current liabilities
(6,099)
40,000
Creditors: amounts falling due after more than one year
(1,216)
-
Net (liabilities)/assets
(7,315)
40,000
Called up share capital
40,000
40,000
Profit and loss account
(47,315)
-
Shareholders' funds
(7,315)
40,000
For the year ending 28 February 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 director acknowledges his 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 and authorised for issue on 28 November 2025 and were signed on its behalf by
VIVIN VIJAY
Director
Company Registration No. 14636661
METS LABORATORIES UK LTD
Notes to the Accounts
for the year ended 28 February 2025
METS LABORATORIES UK LTD is a private company, limited by shares, registered in England and Wales, registration number 14636661. The registered office is Unit -1, The Saddlery Narrowboat Way, Hurst Business Park, Brierley Hill, England, DY5 1UF, United Kingdom.
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 fixed assets are stated at cost less accumulated depreciation and impairment. Depreciation is provided to write off the cost of the assets over their estimated useful lives once they are available for use. Operations commenced shortly before the year end and the assets became available for use at that time. Due to the immaterial period of use and the negligible impact on the financial statements, the company has not charged depreciation in the current period. Depreciation will commence in the next financial year.
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
Additions
8,200
2,109
10,309
At 28 February 2025
8,200
2,109
10,309
At 28 February 2025
8,200
2,109
10,309
Amounts falling due within one year
METS LABORATORIES UK LTD
Notes to the Accounts
for the year ended 28 February 2025
6
Creditors: amounts falling due within one year
2025
2024
Loans from directors
1,400
-
7
Creditors: amounts falling due after more than one year
2025
2024
Taxes and social security
1,216
-
8
Transactions with related parties
Intercompany Transactions:
During the financial year, the company received payments totalling £18,108.79 from its parent company, Middle East Testing Services UK Limited. These funds were provided to support the company’s operations, and no interest has been charged on the loan. As a result, the intercompany loan payable at the year end (28 February 2025) amounts to £18,108.79, which remains outstanding at the balance sheet date.
9
Average number of employees
During the year the average number of employees was 1 (2024: 1).