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Company Registration No. 04948136 (England and Wales)
Pimco (UK) Limited Unaudited accounts for the year ended 30 November 2025
Pimco (UK) Limited Company Information for the year ended 30 November 2025
Director
Sagheer Riaz
Secretary
Sagheer Riaz
Company Number
04948136 (England and Wales)
Registered Office
3 KENT GREEN CLOSE HOCKLEY ESSEX SS5 4ED
Accountants
Blenheim Accountants Suite 24 Jupiter Business Centre Paycocke Road Basildon Essex SS14 3HX
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Pimco (UK) Limited Statement of financial position as at 30 November 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
-
1,156,009
Current assets
Debtors
6
2
3,584
Cash at bank and in hand
-
6,719
2
10,303
Creditors: amounts falling due within one year
7
-
(147,601)
Net current assets/(liabilities)
2
(137,298)
Total assets less current liabilities
2
1,018,711
Provisions for liabilities
Deferred tax
-
(108,602)
Net assets
2
910,109
Capital and reserves
Called up share capital
8
2
2
Revaluation reserve
-
462,167
Profit and loss account
-
447,940
Shareholders' funds
2
910,109
For the year ending 30 November 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 17 February 2026 and were signed on its behalf by
Sagheer Riaz Director Company Registration No. 04948136
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Pimco (UK) Limited Notes to the Accounts for the year ended 30 November 2025
1
Statutory information
Pimco (UK) Limited is a private company, limited by shares, registered in England and Wales, registration number 04948136. The registered office is 3 KENT GREEN CLOSE, HOCKLEY, ESSEX, SS5 4ED.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Land & buildings
No depreciation is charged
Plant & machinery
25% reducing balance
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
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Pimco (UK) Limited Notes to the Accounts for the year ended 30 November 2025
Borrowings
Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the Profit and Loss Account over the periof of the relevant borrowing. Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges. Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.
Share Capital
Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.
Dividends
Dividend distribution to the company's shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.
Revaluation reserve
The revaluation reserve is a non-distributable reserve as a result of property valuations.
4
Tangible fixed assets
Land & buildings
Plant & machinery
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 December 2024
1,155,000
1,345
1,156,345
Revaluations
(570,577)
-
(570,577)
Disposals
(584,423)
(1,345)
(585,768)
At 30 November 2025
-
-
-
Depreciation
At 1 December 2024
-
336
336
Charge for the year
-
336
336
On disposals
-
(672)
(672)
At 30 November 2025
-
-
-
Net book value
At 30 November 2025
-
-
-
At 30 November 2024
1,155,000
1,009
1,156,009
The investment properties were transferred to the parent company (Rico Group (UK) Ltd) on the 10th March 2025 at cost value (£584,423.46).
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Pimco (UK) Limited Notes to the Accounts for the year ended 30 November 2025
6
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
-
1,300
Accrued income and prepayments
-
2,284
Other debtors
2
-
2
3,584
7
Creditors: amounts falling due within one year
2025
2024
£
£
Taxes and social security
-
7,207
Other creditors
-
138,665
Loans from directors
-
1,729
-
147,601
8
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
9
Loans to directors
Brought Forward
Advance/ credit
Repaid
Carried Forward
£
£
£
£
Sagheer Riaz
Interest free loans made to the company
1,729
-
1,729
-
1,729
-
1,729
-
10
Transactions with related parties
LOANS OWED TO RELATED PARTIES: At the year end, there were loans owed by Pimco (UK) Limited to: Rico Group (UK) Ltd £2 (2024: £0) Pimco (UK) Limited is a 100% owned subsidiary of Rico Group (UK) Ltd. During the year the company paid a dividend of £448,711.76 to Rico Group (UK) Ltd.
11
Controlling party
The company is controlled by Rico Group (UK) Ltd. Rico Group (UK) Ltd is registered in England and Wales (Company Number 16204679) Rico Group (UK) Ltd is owned 100% by the Director, Mr Sagheer Riaz.
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Pimco (UK) Limited Notes to the Accounts for the year ended 30 November 2025
12
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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